PLTK — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-06

• Sales and marketing expenses for the three months ended June 30, 2026 decreased $5.1 million when compared with the three months ended June 30, 2025. The decrease was largely due to a decrease in depreciation and amortization related to fully amortized assets and a decrease in media buy in some game…

• Sales and marketing expenses for the six months ended June 30, 2026 increased by $83.7 million when compared with the six months ended June 30, 2025. The increases in sales and marketing expenses were due largely to increased media buy related to SuperPlay, offset by a decrease in media buy in some …

• General and administrative expenses for the three and six months ended June 30, 2026 increased by $36.2 million and $114.5 million, respectively, when compared with the comparable period of 2025 primarily due a one-time benefit from the revaluation of contingent consideration, which reduced general …

• During the three and six months ended June 30, 2026 we recorded $0.5 million of impairment charges related to our investments in unconsolidated affiliates and the impairment of an operating lease right-of-use asset. During the three and six months ended June 30, 2025, we recorded an impairment charg…

• Interest expense for the three months ended June 30, 2026 increased $1.3 million when compared with the three months ended June 30, 2025 as a result of higher average interest rates paid on that balance. Interest expense for the six months ended June 30, 2026 decreased $0.1 million when compared wit…

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• Sales and marketing expenses for the three months ended March 31, 2026 increased by $88.8 million when compared with the comparable periods of 2025. The increases in sales and marketing expenses were due largely to increased media buy related to SuperPlay, offset by a decrease in media buy in some o…

• General and administrative expenses for the three months ended March 31, 2026 increased by $78.3 million when compared with the comparable period of 2025. The increase was primarily related to the $95 million adjustment to contingent consideration expense for the SuperPlay earnout, offset by a decre…

• Interest expense for the three months ended March 31, 2026 decreased $1.4 million when compared with the same periods of 2025 as a result of lower variable rate debt balance and lower average interest rates paid on that balance.

• Interest income for the three months ended March 31, 2026 increased by $1.4 million when compared with the same periods of 2025 as a result of higher balances held in interest bearing cash, cash equivalents and short-term investments, slightly offset by lower average interest rates earned on those b…

• The effective income tax rate for the three months ended March 31, 2026 was 22.1% compared to 25.5% for the three months ended March 31, 2025. The effective tax rates were determined using a worldwide estimated annual effective tax rate and took discrete items into consideration. The difference betw…

Text added vs the prior filing · source: 10-Q · 2026-08-06

• In January 2023, we entered into two interest rate swap agreements, each with a notional value of $250 million. Each of these swap agreements requires us to pay a fixed interest rate of 3.435% in exchange for receiving one-month LIBOR for six months and one-month Term Secured Overnight Financing Rat…

• In May 2026, the Company entered into an additional interest rate swap agreement to replace two interest rate swap agreements that matured on April 30, 2026. The new interest rate swap agreement has a notional value of $500 million. Under the agreement we pay a fixed interest rate of 3.709% in excha…

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• In March 2021, we entered into two interest rate swap agreements, each with a notional value of $250 million. Each of these swap agreements is with a different financial institution as the counterparty to reduce our counterparty risk. Each swap requires us to pay a fixed interest rate of 0.9275% in …

• In January 2023, we entered into two additional interest rate swap agreements, each with a notional value of $250 million. Each of these swap agreements is with a different financial institution, and each swap requires us to pay a fixed interest rate of 3.435% in exchange for receiving one-month LIB…

• deposits and money market funds. We do not enter into investments for trading or speculative purposes. Changes in rates would primarily impact interest income due to the relatively short-term nature of our investments.

Text added vs the prior filing · source: 10-Q · 2026-08-06

• Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective at the reasonable assurance level as of June 30, 2026.

• For the quarter ended June 30, 2026, there were no changes in internal control that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• For the quarter ended March 31, 2026, there were no changes in internal control that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.