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 Operations
(unaudited, in thousands, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net revenue | $71,229 | $75,858 | $221,647 | $233,774 |
| Operating expenses: | ||||
| Cost of revenue(1) | 17,832 | 19,862 | 54,851 | 58,276 |
| Selling and marketing | 15,116 | 18,786 | 50,756 | 55,283 |
| Research and development | 16,654 | 17,367 | 51,418 | 53,503 |
| General and administrative | 11,581 | 10,747 | 35,005 | 33,688 |
| Depreciation and amortization | 11,593 | 11,537 | 34,813 | 33,686 |
| Restructuring and related | 3,231 | 1,280 | 5,248 | 7,112 |
| Total operating costs and expenses | 76,007 | 79,579 | 232,091 | 241,548 |
| Loss from operations | (4,778) | (3,721) | (10,444) | (7,774) |
| Other income (expense), net: | ||||
| Change in fair value of warrant liabilities | 276 | 4,216 | 929 | 1,381 |
| Interest income, net | 1,127 | 1,364 | 3,921 | 3,521 |
| Other (loss) income, net | (256) | (198) | (626) | 906 |
| Total other income, net | 1,147 | 5,382 | 4,224 | 5,808 |
| (Loss) income before income taxes | (3,631) | 1,661 | (6,220) | (1,966) |
| Income tax benefit (expense) | 534 | 2,139 | (55) | 2,437 |
| Net (loss) income | $(3,097) | $3,800 | $(6,275) | $471 |
| Net loss per share attributable to Class A and Class B common stockholders: | ||||
| Basic | $(0.02) | $0.03 | $(0.05) | $0.00 |
| Diluted | $(0.02) | $0.03 | $(0.05) | $0.00 |
| Weighted average shares of common stock outstanding: | ||||
| Basic | 125,007 | 133,351 | 130,997 | 132,546 |
| Diluted | 125,007 | 149,655 | 130,997 | 148,911 |
(1)Amounts exclude depreciation and amortization.
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