XML 33 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Revenue $ 691,161 $ 592,212 $ 488,105
Operating costs and expenses      
Costs of revenue 465,014 414,664 332,145
Advertising and promotions 160,650 220,460 190,476
General and administrative 87,349 67,561 55,518
Depreciation and amortization 29,759 14,325 4,245
Total operating costs and expenses 742,772 717,010 582,384
Loss from operations (51,611) (124,798) (94,279)
Other income (expenses)      
Interest income (expense), net 2,765 (573) (187)
Change in fair value of warrant liabilities 0 0 41,802
Change in fair value of earnout interests liability 0 0 (13,740)
Total other income (expense) 2,765 (573) 27,875
Loss before income taxes (48,846) (125,371) (66,404)
Income tax expense 11,209 8,961 4,688
Net loss (60,055) (134,332) (71,092)
Net loss attributable to non-controlling interests (41,750) (95,701) (51,603)
Net loss attributable to Rush Street Interactive, Inc. $ (18,305) $ (38,631) $ (19,489)
Net income (loss) per common share attributable to Rush Street Interactive, Inc. - basic (in USD per share) $ (0.27) $ (0.61) $ (0.35)
Weighted average common shares outstanding - basic (in shares) 68,508,093 63,532,906 56,265,541
Net loss per common share attributable to Rush Street Interactive, Inc. - diluted (in USD per share) $ (0.27) $ (0.61) $ (0.51)
Weighted average common shares outstanding - diluted (in shares) 68,508,093 63,532,906 57,426,885