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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 224,113 $ 198,786
Accounts receivable, net 11,166 5,121
Prepaid expenses 7,407 6,998
Inventories 6,941 0
Income taxes receivable 538 0
Interest rate caplets 8,555 0
Investment in convertible notes 32,065 32,065
Other current assets 8,427 5,025
Total current assets 299,212 247,995
Property and equipment, net 211,844 152,251
Noncurrent assets:    
Route and customer acquisition costs, net 18,342 15,913
Location contracts acquired, net 189,343 150,672
Goodwill 100,707 46,199
Other intangible assets, net 22,979 0
Interest rate caplets, net of current 11,364 0
Other assets 8,978 3,043
Total noncurrent assets 351,713 215,827
Total assets 862,769 616,073
Current liabilities:    
Current maturities of debt 23,466 17,500
Current portion of route and customer acquisition costs payable 1,487 2,079
Accrued location gaming expense 7,791 3,969
Accrued state gaming expense 16,605 11,441
Accounts payable and other accrued expenses 22,302 14,616
Accrued compensation and related expenses 10,607 8,886
Current portion of consideration payable 7,647 13,344
Total current liabilities 89,905 71,835
Long-term liabilities:    
Debt, net of current maturities 518,566 324,022
Route and customer acquisition costs payable, less current portion 5,137 3,953
Consideration payable, less current portion 6,872 12,706
Contingent earnout share liability 23,288 42,831
Other long-term liabilities 3,390 17
Deferred income tax liability, net 37,021 2,248
Total long-term liabilities 594,274 385,777
Stockholders’ equity:    
Preferred Stock, par value of $0.0001; 1,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2022 and December 31, 2021 0 0
Class A-1 Common Stock, par value $0.0001; 250,000,000 shares authorized; 94,504,051 shares issued and 86,674,390 shares outstanding at December 31, 2022; 94,111,868 shares issued and 93,410,563 shares outstanding at December 31, 2021 9 9
Additional paid-in capital 194,157 187,656
Treasury stock, at cost (81,697) (8,983)
Accumulated other comprehensive income 12,240 0
Accumulated earnings (deficit) 53,881 (20,221)
Total stockholders' equity 178,590 158,461
Total liabilities and stockholders' equity $ 862,769 $ 616,073