Annual report pursuant to Section 13 and 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.24.0.1
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2023
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Accounts receivable

​

​

​

​

​

​

​

​

(In thousands)

​

December 31, 

​

​

2023

    

2022

Casino

​

$

343

​

$

333

Hotel

​

​

1

​

​

52

Trade Accounts

​

​

3,479

​

​

1,114

Other Operations, excluding Contracted Sports Wagering

​

​

185

​

​

175

Contracted Sports Wagering

​

​

1,932

​

​

1,658

Other

​

​

581

​

​

999

​

​

​

6,521

​

​

4,331

Less: Provision for credit losses

​

​

(1,189)

​

​

(249)

​

​

$

5,332

​

$

4,082

Credit losses recognized for accounts receivable

​

​

​

​

​

​

​

​

(In thousands)

​

December 31, 

​

​

2023

    

2022

Balance at January 1

​

$

249

​

$

257

Current period provision for credit losses

​

​

940

​

​

(8)

Balance at December 31

​

$

1,189

​

$

249

Schedule of estimated useful lives

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

​

​

​

​

    

Estimated

Class of Assets

​

Useful Lives

Land improvements

 

10 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

​

2023

    

2022

Deferred revenue, current

​

Other accrued expenses and current liabilities

​

$

6,175

​

$

1,651

Deferred revenue, net of current portion

​

Contract liabilities, net of current portion

​

​

6,192

​

​

8,856

​

​

​

​

$

12,367

​

$

10,507

Schedule of Earnings Per Share, Basic and Diluted

​

​

​

​

​

​

​

​

(In thousands)

​

Year Ended

​

​

December 31, 

​

    

2023

    

2022

Numerator:

 

​

  

 

​

  

Net loss ─ basic

​

$

(24,904)

​

$

(14,804)

Net loss ─ diluted

​

$

(24,904)

​

$

(14,804)

​

​

​

​

​

​

​

Denominator:

​

 

  

​

 

  

Weighted-average common shares ─ basic

​

 

34,520

​

 

34,355

Potential dilution from share-based awards

​

​

—

​

​

—

Weighted-average common and common share equivalents ─ diluted

​

 

34,520

​

 

34,355

Anti-dilutive share-based awards excluded from the calculation of diluted loss per share

​

 

4,015

​

 

3,710