XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 209,863 $ 206,911
Short-term investments 99,653 67,756
Accounts receivable, net 34,183 32,517
Prepaid expenses, and other assets 10,044 8,570
Total current assets 353,743 315,754
Property and equipment, net 399 444
Operating lease right-of-use assets, net 6,173 7,130
Intangible assets, net 50,430 51,571
Goodwill 396,351 396,704
Deferred tax asset 21,878 28,934
Other non-current assets 2,006 2,807
Total assets 830,980 803,344
Current liabilities:    
Accounts payable and accrued expenses [1] 14,464 13,293
Short-term operating lease liabilities [2] 2,562 3,157
Income taxes payable 1,170 112
Contract liabilities 2,409 2,520
Current portion of borrowings with related party [3] 37,125 38,778
Other current liabilities [4] 10,624 10,645
Total current liabilities 68,354 68,505
Long-term operating lease liabilities [5] 3,975 4,420
Deferred tax liabilities, net 567 848
Other non-current liabilities 2,784 1,681
Total liabilities 75,680 75,454
Shareholders' equity    
Common stock, KRW 10,000 par value—200,000,000 Shares authorized; 2,477,672 issued and outstanding 21,198 21,198
Additional paid-in-capital 359,280 359,280
Accumulated other comprehensive income 17,095 19,982
Retained earnings 357,580 327,273
Total shareholders' equity attributable to shareowners of DoubleDown Interactive Co. Ltd. 755,153 727,733
Equity attributable to noncontrolling interests 147 157
Total equity 755,300 727,890
Total liabilities and shareholders' equity $ 830,980 $ 803,344
[1] Includes related party royalty and other payables of $1,274 and $1,618 at March 31, 2024 and December 31, 2023, respectively (see Note 12).
[2] Includes related party operating lease liability of $1,251 and $1,298 at March 31, 2024 and December 31, 2023, respectively (see Note 12).
[3] Includes related party notes payable of $37,125 and $38,778 at March 31, 2024 and December 31, 2023, respectively (see Note 12).
[4] Includes related party interest payable of $9,522 and $9,501 at March 31, 2024 and December 31, 2023, respectively (see Note 12).
[5] Includes related party operating lease liability of $3,975 and $4,414 at March 31, 2024 and December 31, 2023, respectively (see Note 12).