Skillz Inc-A 2025年季度报告

Washington, D.C. 20549FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended September 30, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ______to______ Commission file number: 001-39243 SKILLZ INC. (Exact name of registrant as specified in its charter) Delaware(State or other jurisdiction of incorporationor organization)6625 Badura AveLas Vegas, Nevada(Address of principal executive offices) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports); and Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).Yes☐No☒ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” Large accelerated filer☐Accelerated filerNon-accelerated filer☐Smaller reporting company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of December5, 2025, the registrant had outstanding 11,678,067 shares of Class A common stock and3,430,063 shares of Class B SKILLZ INC. PART I - FINANCIAL INFORMATION SKILLZ INC. SKILLZ INC. (Unaudited, in thousands, except for number of shares and per share amounts) SKILLZ INC. (Unaudited, in thousands) TABLE OF CONTENTS SKILLZ INC. NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited, amounts in tables are in thousands, unless otherwise noted) 1. Description of the Business and Basis of Presentation Business Skillz (the “Company,” “Skillz” or “We”) generates revenue from our two reportable operating segments, Skillz and Aarki. The Skillz segment operates a competitive multi-player platform, driving the future of entertainment by accelerating the convergenceof video games, real world prizes, and media. The Company’s principal activities are to develop and support a proprietary online-hosted Aarki (“Aarki”) is a subsidiary of the Company and is an artificial intelligence company that delivers advertising solutions to driverevenue growth for mobile app developers. Aarki enables brands to effectively engage audiences in a privacy-first world by using billionsof contextual bidding signals coupled with proprietary machine learning and behavioral models. Aarki works with advertisers globally and Basis of Presentation The Company’s condensed consolidated financial statements have been prepared in conformity with accounting principles generallyaccepted in the United States of America (“GAAP”) as determined by the Financial Accounting Standards Board (“FASB”) AccountingStandards Codification (“ASC”) and pursuant to the regulations of the U.S. Securities and Exchange Commission (“SEC”). Certaininformation and note disclosures normally included in financial statements prepared in accordance with GAAP have been condensed oromitted pursuant to the rules and regulations of the SEC. The Company believes the disclosures made are adequate to make theinformation presented not misleading. The condensed consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries and one subsidiary for which there is an immaterial noncontrolling interest at September30, 2025. All significant Reclassifications Certain prior year amounts have been reclassified or changed to conform to the current-year presentation. Such reclassifications hadno impact on previously reported net income. 2. Summary of Significant Accounting Policies Use of Estimates The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make certainestimates, judgments, and assumptions that affect the amounts reported in these condensed consolidated financial statements and theaccompanying notes. Estimates are used in several areas including, but not limited to, end-user incentives, including Bonus Cash andTicketz accrual, indirect tax liabilities, the fair value of non-marketable securities, and the impairment of long