PLAYSTUDIOS Inc
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
MYPS$4.66-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities: | ||
| Net (loss) income | $(6,275) | $471 |
| Adjustments: | ||
| Depreciation and amortization | 34,813 | 33,686 |
| Amortization of loan costs | 120 | 113 |
| Stock-based compensation expense | 14,308 | 14,391 |
| Change in fair value of warrant liabilities | (929) | (1,381) |
| Change in fair value of contingent consideration | — | (950) |
| Asset impairments | 1,937 | 2,042 |
| Deferred income tax expense | (508) | (6,973) |
| Other | 705 | (57) |
| Changes in operating assets and liabilities | ||
| Receivables, net | 1,456 | (3,780) |
| Prepaid expenses and other current assets | 791 | 1,348 |
| Income tax receivable | (2,135) | (936) |
| Accounts payable & accrued liabilities | (10,377) | (2,269) |
| Other | 218 | 691 |
| Net cash provided by operating activities | 34,124 | 36,396 |
| Cash flows from investing activities: | ||
| Purchase of property and equipment | (3,825) | (5,114) |
| Additions to internal-use software | (14,587) | (16,516) |
| Assets acquired from business combination | (3,400) | — |
| Other | (290) | (225) |
| Net cash used in investing activities | (22,102) | (21,855) |
| Cash flows from financing activities: | ||
| Proceeds from stock option exercises | 197 | 2,922 |
| Payments for tax withholding of stock-based compensation | (2,498) | (2,877) |
| Payment of minimum guarantee liabilities | (7,168) | (2,360) |
| Repurchases of treasury stock | (29,154) | (15,452) |
| Net cash used in financing activities | (38,623) | (17,767) |
| Foreign currency translation | (518) | (967) |
| Net change in cash, cash equivalents, and restricted cash | (27,119) | (4,193) |
| Cash and cash equivalents at beginning of period | 132,889 | 134,000 |
| Cash, cash equivalents, and restricted cash at end of period | $105,770 | $129,807 |
| Supplemental cash flow disclosures: | ||
| Interest paid | $123 | $148 |
| Income taxes paid, net of refunds | 2,662 | 2,308 |
| Non-cash investing and financing activities: | ||
| Capitalization of stock-based compensation | $1,126 | $1,340 |
| Additions to intangible assets related to licensing agreements | 4,128 | 9,832 |
| Right-of-use assets acquired under operating leases | 4,350 | — |
| Assets acquired from business combination | 3,355 | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.