Full House Resorts, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES

Schedule of estimated useful lives

Depreciation and amortization is provided over the following estimated useful lives:


		Estimated
Class of Assets		Useful Lives
Land improvements		15 to 18 years
Buildings and improvements		3 to 44 years
Furniture, fixtures and equipment		2 to 10 years

Schedule of Deferred revenues


(In thousands)				December 31,
		Balance Sheet Location		2022			2021
Deferred revenue, current		Other accrued liabilities		$	1,651		$	1,822
Deferred revenue, net of current portion		Contract liabilities, net of current portion			8,856			4,714
				$	10,507		$	6,536

Schedule of Earnings Per Share, Basic and Diluted


(In thousands)		Year Ended
		December 31,
		2022			2021
Numerator:
Net (loss) income ─ basic		$	(14,804)		$	11,706
Net (loss) income ─ diluted		$	(14,804)		$	11,706

Denominator:
Weighted-average common shares ─ basic			34,355			32,517
Potential dilution from share-based awards			—			2,429
Weighted-average common and common share equivalents ─ diluted			34,355			34,946
Anti-dilutive share-based awards excluded from the calculation of diluted (loss) earnings per share			3,710			149