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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 125,403 $ 92,229
Prepaid expenses 4,151 2,538
Income taxes receivable 3,907 2,102
Investment in convertible notes (current) 11,000 0
Other current assets 7,034 5,142
Total current assets 151,495 102,011
Property and equipment, net 119,201 92,442
Other assets:    
Route and customer acquisition costs, net 17,399 13,994
Location contracts acquired, net 166,783 126,038
Goodwill 34,511 0
Investment in convertible note, less current portion 19,000 0
Other assets 928 689
Total other assets 238,621 140,721
Total assets 509,317 335,174
Current liabilities:    
Current maturities of debt 15,000 62,500
Current maturities of capital lease 0 531
Current portion of route and customer acquisition costs payable 1,700 1,821
Accrued location gaming expense 1,323 1,132
Accrued state gaming expense 7,119 4,929
Accounts payable and other accrued expenses 19,511 12,413
Current portion of consideration payable 10,293 2,556
Total current liabilities 54,946 85,882
Long-term liabilities:    
Debt, net of current maturities 334,692 168,895
Route and customer acquisition costs payable, less current portion 4,752 5,364
Consideration payable, less current portion 16,426 9,020
Deferred income tax liability 12,976 8,895
Total long-term liabilities 368,846 192,174
Stockholders’ equity:    
Preferred Stock, par value of $0.0001; 1,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2019 and December 31, 2018 [1] 0 0
Treasury stock, at cost [1] 0 (5,832)
Additional paid-in capital [1] 105,986 80,146
Accumulated deficit [1] (20,470) (17,202)
Total stockholders' equity [1] 85,525 57,118
Total liabilities and equity 509,317 335,174
Class A-1 Common Stock    
Stockholders’ equity:    
Common stock issued [1] 8 6
Class A-2 Common Stock    
Stockholders’ equity:    
Common stock issued [1] $ 1 $ 0
[1] Equity amounts have been retroactively restated to give effect to the reverse capitalization that is discussed in Note 3.