2023 Q4 Form 10-Q Financial Statement

#000149315223040143 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $30.72M $29.82M $32.12M
YoY Change -16.87% -7.17% -0.46%
Cost Of Revenue $9.812M $9.240M $9.435M
YoY Change -2.23% -2.07% -12.65%
Gross Profit $20.90M $20.58M $22.69M
YoY Change -22.33% -9.28% 5.67%
Gross Profit Margin 68.05% 69.02% 70.63%
Selling, General & Admin $16.83M $14.26M $16.94M
YoY Change -22.13% -15.85% -8.64%
% of Gross Profit 80.51% 69.27% 74.68%
Research & Development $8.277M $9.150M $4.998M
YoY Change 14.88% 83.07% -8.99%
% of Gross Profit 39.6% 44.46% 22.03%
Depreciation & Amortization $4.379M $453.0K $5.893M
YoY Change -31.73% -92.31% 29.23%
% of Gross Profit 20.95% 2.2% 25.98%
Operating Expenses $29.49M $14.26M $16.94M
YoY Change -16.31% -15.85% -40.76%
Operating Profit -$8.582M -$7.170M -$5.148M
YoY Change 3.12% 39.28% -27.8%
Interest Expense $1.264M $1.450M
YoY Change -12.83%
% of Operating Profit
Other Income/Expense, Net -$107.0K $13.00K
YoY Change -108.98%
Pretax Income -$9.623M -$8.434M -$6.585M
YoY Change -93.33% 28.08% -7.64%
Income Tax -$247.0K -$274.0K $356.0K
% Of Pretax Income
Net Earnings -$9.376M -$8.160M -$6.941M
YoY Change -93.65% 17.56% -20.02%
Net Earnings / Revenue -30.53% -27.37% -21.61%
Basic Earnings Per Share -$0.18 -$0.16
Diluted Earnings Per Share -$0.21 -$0.18 -$164.3K
COMMON SHARES
Basic Shares Outstanding 44.71M shares 44.68M shares 42.08M shares
Diluted Shares Outstanding 44.70M shares 42.24M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $38.58M $39.20M $41.79M
YoY Change -15.99% -6.19% -16.93%
Cash & Equivalents $38.60M $39.20M $41.79M
Short-Term Investments
Other Short-Term Assets $3.202M $4.086M $3.503M
YoY Change 5.29% 16.64% -26.88%
Inventory
Prepaid Expenses $3.344M $3.302M $4.432M
Receivables $11.42M $9.168M $13.14M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $56.54M $55.77M $62.86M
YoY Change -16.4% -11.28% 0.6%
LONG-TERM ASSETS
Property, Plant & Equipment $4.159M $3.017M $2.548M
YoY Change 45.93% 18.41%
Goodwill $99.09M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.895M $5.189M $4.336M
YoY Change 57.37% 19.67% -66.69%
Total Long-Term Assets $30.96M $32.89M $167.2M
YoY Change -12.66% -80.33% -21.81%
TOTAL ASSETS
Total Short-Term Assets $56.54M $55.77M $62.86M
Total Long-Term Assets $30.96M $32.89M $167.2M
Total Assets $87.50M $88.66M $230.1M
YoY Change -15.11% -61.47% -16.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.971M $5.449M $6.331M
YoY Change 8.3% -13.93% 36.24%
Accrued Expenses $12.68M $11.90M $2.674M
YoY Change 15.62% 345.03% -81.31%
Deferred Revenue $10.19M $9.467M $8.946M
YoY Change -4.66% 5.82%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $36.72M $32.47M $26.67M
YoY Change 12.89% 21.75% -19.96%
LONG-TERM LIABILITIES
Long-Term Debt $42.19M $41.10M $27.86M
YoY Change 49.83% 47.55%
Other Long-Term Liabilities $5.825M $2.508M $1.517M
YoY Change 174.12% 65.33% -11.6%
Total Long-Term Liabilities $5.825M $2.508M $1.517M
YoY Change 174.12% 65.33% -11.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $36.72M $32.47M $26.67M
Total Long-Term Liabilities $5.825M $2.508M $1.517M
Total Liabilities $92.11M $86.64M $77.74M
YoY Change 11.9% 11.45% 108.92%
SHAREHOLDERS EQUITY
Retained Earnings -$309.3M -$299.9M -$127.2M
YoY Change 12.51% 135.86%
Common Stock $337.0M $335.8M $327.8M
YoY Change 2.3% 2.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.604M $2.020M $152.4M
YoY Change
Total Liabilities & Shareholders Equity $87.50M $88.66M $230.1M
YoY Change -15.11% -61.47% -16.74%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income -$9.376M -$8.160M -$6.941M
YoY Change -93.65% 17.56% -20.02%
Depreciation, Depletion And Amortization $4.379M $453.0K $5.893M
YoY Change -31.73% -92.31% 29.23%
Cash From Operating Activities $75.00K -$2.290M $628.0K
YoY Change -96.75% -464.65% -135.14%
INVESTING ACTIVITIES
Capital Expenditures $2.043M $1.200M -$5.004M
YoY Change 87.6% -123.98% 40.72%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$2.043M -$1.200M -$5.004M
YoY Change 28.57% -76.02% 4620.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 94.00K 0.000 493.0K
YoY Change -1040.0% -100.0% 6.71%
NET CHANGE
Cash From Operating Activities 75.00K -2.290M 628.0K
Cash From Investing Activities -2.043M -1.200M -5.004M
Cash From Financing Activities 94.00K 0.000 493.0K
Net Change In Cash -1.874M -3.490M -3.883M
YoY Change -363.57% -10.12% 171.35%
FREE CASH FLOW
Cash From Operating Activities $75.00K -$2.290M $628.0K
Capital Expenditures $2.043M $1.200M -$5.004M
Free Cash Flow -$1.968M -$3.490M $5.632M
YoY Change -261.18% -161.97% 218.37%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
28888000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
usd
us-gaap Restructuring Charges
RestructuringCharges
usd
CY2023Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
usd
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
usd
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001799332
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
usd
CY2022Q3 us-gaap Restructuring Charges
RestructuringCharges
usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
usd
CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
GAN Loss On Extinguishment Of Debt
LossOnExtinguishmentOfDebt
usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
usd
GAN Payment Of Content Licensing Fee
PaymentOfContentLicensingFee
usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
GAN Proceed From Issuance Of Long Term Debt
ProceedFromIssuanceOfLongTermDebt
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
GAN Intangible Assets Acquired In Business Acquisition
IntangibleAssetsAcquiredInBusinessAcquisition
usd
GAN Rightofuse Asset Obtained In Exchange For New Operating Lease Liability
RightofuseAssetObtainedInExchangeForNewOperatingLeaseLiability
usd
GAN Contract Asset And Contingent Liability Related To Synthetic Equity
ContractAssetAndContingentLiabilityRelatedToSyntheticEquity
usd
CY2023Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
usd
CY2023Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
usd
CY2022Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
CY2023Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
usd
CY2022Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
usd
CY2023Q3 us-gaap Restructuring Costs
RestructuringCosts
usd
CY2022Q3 us-gaap Restructuring Costs
RestructuringCosts
usd
us-gaap Restructuring Costs
RestructuringCosts
usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-39274
dei Entity Registrant Name
EntityRegistrantName
GAN Limited
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
D0
dei Entity Address Address Line1
EntityAddressAddressLine1
400 Spectrum Center Drive
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1900
dei Entity Address City Or Town
EntityAddressCityOrTown
Irvine
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
92618
dei City Area Code
CityAreaCode
(833)
dei Local Phone Number
LocalPhoneNumber
565-0550
dei Entity Information Former Legal Or Registered Name
EntityInformationFormerLegalOrRegisteredName
Not applicable
dei Security12b Title
Security12bTitle
Ordinary shares, par value $0.01
dei Trading Symbol
TradingSymbol
GAN
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
true
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
44714448 shares
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
39212000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
45920000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
146000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
250000 usd
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
9168000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
13808000 usd
CY2023Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3302000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
4861000 usd
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
4086000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3041000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
55768000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
67630000 usd
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
7972000 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
6749000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15293000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
24955000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4438000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
234000 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5189000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3512000 usd
CY2023Q3 us-gaap Assets
Assets
88660000 usd
CY2022Q4 us-gaap Assets
Assets
103080000 usd
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
5449000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
6437000 usd
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9570000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8750000 usd
CY2023Q3 GAN Accrued Content License Fees
AccruedContentLicenseFees
1577000 usd
CY2022Q4 GAN Accrued Content License Fees
AccruedContentLicenseFees
2214000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9467000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
10683000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
751000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
195000 usd
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5659000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4253000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
32473000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
32532000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4073000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
4218000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
41056000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
28157000 usd
CY2023Q3 GAN Content Licensing Liability
ContentLicensingLiability
2800000 usd
CY2022Q4 GAN Content Licensing Liability
ContentLicensingLiability
15280000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3730000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2508000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2125000 usd
CY2023Q3 us-gaap Liabilities
Liabilities
86640000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
82312000 usd
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44698931 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44698931 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
42894211 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
42894211 shares
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
447000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
429000 usd
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
335321000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
328998000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-299929000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-274861000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-33819000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-33798000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2020000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
20768000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
88660000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
103080000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29817000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32120000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
98704000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
104581000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
31598000 usd
CY2023Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7196000 usd
CY2022Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
6781000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
21704000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
20292000 usd
CY2023Q3 GAN Product And Technology Expense
ProductAndTechnologyExpense
9150000 usd
CY2022Q3 GAN Product And Technology Expense
ProductAndTechnologyExpense
7571000 usd
GAN Product And Technology Expense
ProductAndTechnologyExpense
29966000 usd
GAN Product And Technology Expense
ProductAndTechnologyExpense
24928000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27095000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27307000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
28861000 usd
us-gaap Restructuring Charges
RestructuringCharges
1771000 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4339000 usd
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5893000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
12783000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
16862000 usd
CY2023Q3 us-gaap Costs And Expenses
CostsAndExpenses
36987000 usd
CY2022Q3 us-gaap Costs And Expenses
CostsAndExpenses
37268000 usd
us-gaap Costs And Expenses
CostsAndExpenses
120436000 usd
us-gaap Costs And Expenses
CostsAndExpenses
151619000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-7170000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-5148000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-21732000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-47038000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
1264000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
1450000 usd
us-gaap Interest Expense
InterestExpense
3885000 usd
us-gaap Interest Expense
InterestExpense
2521000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
934000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
283000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8434000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6585000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24683000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-49276000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-274000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
356000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
385000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
513000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8160000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-6941000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25068000 usd
us-gaap Net Income Loss
NetIncomeLoss
-49789000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.57
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.57
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.18
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.18
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44699951 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44699951 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42237226 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42237226 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43949594 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43949594 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42263462 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42263462 shares
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8160000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-6941000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25068000 usd
us-gaap Net Income Loss
NetIncomeLoss
-49789000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1142000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12201000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-21000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-28661000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-9302000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-19142000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-25089000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-78450000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
20768000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
1501000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
966000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1382000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
4000 usd
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
79000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
65000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
24607000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-18409000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
155000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1621000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
2000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1963000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
9939000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-8160000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1142000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1386000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-3000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2020000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
224037000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-4499000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4264000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1316000 usd
CY2022Q1 GAN Adjustments To Additional Paid In Capital Accrued Liability Settled Through Issuance Of Shares
AdjustmentsToAdditionalPaidInCapitalAccruedLiabilitySettledThroughIssuanceOfShares
444000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
217034000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-38349000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12196000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2659000 usd
CY2022Q2 GAN Adjustments To Additional Paid In Capital Accrued Liability Settled Through Issuance Of Shares
AdjustmentsToAdditionalPaidInCapitalAccruedLiabilitySettledThroughIssuanceOfShares
469000 usd
CY2022Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1006000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
395000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
169006000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
169006000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-6941000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-6941000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12201000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2140000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-135000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
325000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
169000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
152363000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
152363000 usd
us-gaap Net Income Loss
NetIncomeLoss
-25068000 usd
us-gaap Net Income Loss
NetIncomeLoss
-49789000 usd
GAN Amortization Of Software And Intangible Assets
AmortizationOfSoftwareAndIntangibleAssets
11594000 usd
GAN Amortization Of Software And Intangible Assets
AmortizationOfSoftwareAndIntangibleAssets
15837000 usd
GAN Depreciation On Property And Equipment And Finance Lease Rightofuse Assets
DepreciationOnPropertyAndEquipmentAndFinanceLeaseRightofuseAssets
1188000 usd
GAN Depreciation On Property And Equipment And Finance Lease Rightofuse Assets
DepreciationOnPropertyAndEquipmentAndFinanceLeaseRightofuseAssets
1025000 usd
GAN Noncash Interest And Amortization Of Debt Discount And Debt Issuance Costs
NoncashInterestAndAmortizationOfDebtDiscountAndDebtIssuanceCosts
2845000 usd
GAN Noncash Interest And Amortization Of Debt Discount And Debt Issuance Costs
NoncashInterestAndAmortizationOfDebtDiscountAndDebtIssuanceCosts
280000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
4699000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5671000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
9717000 usd
GAN Loss On Extinguishment Of Debt
LossOnExtinguishmentOfDebt
8784000 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
28861000 usd
GAN Deferred Income Tax
DeferredIncomeTax
-117000 usd
GAN Deferred Income Tax
DeferredIncomeTax
541000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-288000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
102000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
22000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4791000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5189000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1560000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1226000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1053000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
265000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
4452000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-2552000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-996000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1730000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
859000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-4174000 usd
GAN Increase Decrease In Accrued Content License Fees
IncreaseDecreaseInAccruedContentLicenseFees
-645000 usd
GAN Increase Decrease In Accrued Content License Fees
IncreaseDecreaseInAccruedContentLicenseFees
-1689000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1158000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1296000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
2043000 usd
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-387000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1593000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1389000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3640000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3559000 usd
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
2753000 usd
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
9242000 usd
GAN Payment Of Content Licensing Fee
PaymentOfContentLicensingFee
5500000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
412000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
1115000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1607000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1657000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4772000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17514000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
30000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
720000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
66000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
169000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
409000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1006000 usd
GAN Proceed From Issuance Of Long Term Debt
ProceedFromIssuanceOfLongTermDebt
4733000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3137000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2425000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1253000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27458000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
451000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4074000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6708000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2311000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45920000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39477000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39212000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41788000 usd
us-gaap Interest Paid Net
InterestPaidNet
1068000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
184000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
690000 usd
GAN Intangible Assets Acquired In Business Acquisition
IntangibleAssetsAcquiredInBusinessAcquisition
26244000 usd
GAN Rightofuse Asset Obtained In Exchange For New Operating Lease Liability
RightofuseAssetObtainedInExchangeForNewOperatingLeaseLiability
4471000 usd
GAN Contract Asset And Contingent Liability Related To Synthetic Equity
ContractAssetAndContingentLiabilityRelatedToSyntheticEquity
1143000 usd
us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_807_eus-gaap--NatureOfOperations_zFMwi3QPATq1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 1 </b>— <b><span id="xdx_82C_zq8SzMPZgHie">NATURE OF OPERATIONS</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">GAN Limited (the “Parent,” and with its subsidiaries, collectively the “Company”) is an exempted company limited by shares, incorporated and registered in Bermuda.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is a business-to-business (“B2B”) supplier of a proprietary gaming system, GameSTACK™ (“GameSTACK”), which is used predominately by the U.S. land-based casino industry. For its B2B customers, GameSTACK is a turnkey technology solution for regulated real money internet gambling (“real money iGaming” or “RMiG”), online sports gaming, and virtual simulated gaming (“SIM”). In addition, the Company’s B2B segment offers GAN Sports, an in-house online and retail sports betting technology platform, through internet connected self-service kiosks deployed at casino properties and mobile solutions. The Company is also a business-to-consumer (“B2C”) developer and operator of an online sports betting and casino platform under its “Coolbet” brand, providing international users with access through www.coolbet.com to its sportsbook, casino games and poker products. The Company operates its B2C segment in markets across Northern Europe, Latin America, and Canada.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-299900000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
39200000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9500000 usd
CY2023Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
30000000.0 usd
CY2023Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
42000000.0 usd
CY2023Q2 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.080 pure
CY2023Q2 GAN Financial Covenant Requirement Minimum Liquidity
FinancialCovenantRequirementMinimumLiquidity
10000000.0 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_z1HwPOlaZcLe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_860_z5IycZjD0pc9">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Due to the inherent uncertainties involved in making estimates, actual results could differ from the original estimates, and may require significant adjustments to these reported balances in future periods.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
155000 usd
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
684000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1169000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-494000 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_849_eus-gaap--ConcentrationRiskCreditRisk_zZ4ojn4WXzzk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86B_zJK6KqhTKc8k">Concentration of Credit Risk</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentration of credit risk consist primarily of its cash and trade receivables. The Company holds cash deposits in foreign countries, primarily in Northern Europe and Latin America, of approximately $<span id="xdx_902_eus-gaap--Deposits_iI_pn5n6_c20230930__srt--StatementGeographicalAxis__custom--NorthernEuropeAndLatinAmericaMember_zseEszf67Ri6" title="Cash deposits">32.2</span> million, which are subject to local banking laws and may bear higher or lower risk than cash deposited in the United States. Cash held in the United States is maintained in a major financial institution in excess of federally insured limits. As part of our cash management processes, the Company performs periodic evaluations of the credit standing of the financial institutions and we have not sustained any credit losses from instruments held at these financial institutions. Additionally, the Company maintains an allowance for potential credit losses, but historically has not experienced any significant losses related to individual customers or groups of customers in any particular geographic area.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8900000 usd
CY2023Q3 GAN Amounts Due To Customers Current
AmountsDueToCustomersCurrent
1427000 usd
CY2022Q4 GAN Amounts Due To Customers Current
AmountsDueToCustomersCurrent
1628000 usd
CY2023Q3 GAN Number Of Third Party Gaming Products Available
NumberOfThirdPartyGamingProductsAvailable
5700 integer
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9467000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
10683000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7989000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6449000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4972000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3599000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3017000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2850000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
453000 usd
CY2022Q3 us-gaap Depreciation
Depreciation
312000 usd
us-gaap Depreciation
Depreciation
1188000 usd
us-gaap Depreciation
Depreciation
1025000 usd
CY2023Q3 GAN Capitalized Computer Software Gross Excluding Development In Progress
CapitalizedComputerSoftwareGrossExcludingDevelopmentInProgress
8345000 usd
CY2022Q4 GAN Capitalized Computer Software Gross Excluding Development In Progress
CapitalizedComputerSoftwareGrossExcludingDevelopmentInProgress
6857000 usd
CY2023Q3 GAN Capitalized Computer Software In Progress Development
CapitalizedComputerSoftwareInProgressDevelopment
1885000 usd
CY2022Q4 GAN Capitalized Computer Software In Progress Development
CapitalizedComputerSoftwareInProgressDevelopment
732000 usd
CY2023Q3 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
10230000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
7589000 usd
CY2023Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
2258000 usd
CY2022Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
840000 usd
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
7972000 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
6749000 usd
CY2023Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
485000 usd
CY2022Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1438000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1461000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
4552000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
48846000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
33553000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15293000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
48727000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23772000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
24955000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3401000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4135000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10134000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11285000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3403000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2989000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2967000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2512000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1820000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1602000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15293000 usd
CY2022Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
30000000.0 usd
CY2022Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.095 pure
CY2022Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
2400000 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
27600000 usd
CY2023Q2 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
7300000 usd
CY2023Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
8800000 usd
CY2023Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
30000000.0 usd
CY2023Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
42000000.0 usd
CY2023Q2 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.080 pure
CY2023Q2 GAN Debt Instrument Interest Rate For Exit Fee
DebtInstrumentInterestRateForExitFee
0.025 pure
CY2023Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3100000 usd
CY2023Q2 GAN Financial Covenant Requirement Minimum Liquidity
FinancialCovenantRequirementMinimumLiquidity
10000000.0 usd
CY2023Q3 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.1022 pure
CY2023Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
43754000 usd
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-2698000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
41056000 usd
CY2023Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
1281000 usd
CY2022Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
1071000 usd
CY2023Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
240000 usd
CY2022Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
185000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
3587000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
1735000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
765000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
280000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3447155 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.12
GAN Weighted Average Contractual Term Outstanding Beginning
WeightedAverageContractualTermOutstandingBeginning
P6Y7M2D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1139000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
612081 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.01
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5129 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.01
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
530714 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
15.15
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3523393 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.65
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y4M13D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1414000 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2471947 shares
CY2023Q3 GAN Weighted Average Exercise Price Options Exercisable At End Of Period
WeightedAverageExercisePriceOptionsExercisableAtEndOfPeriod
8.05
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y10M9D
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
414000 usd
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.74
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.13
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.76
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.13
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.0070 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.0051 pure
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P0Y14D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0252 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0149 pure
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023Q3 us-gaap Share Price
SharePrice
0.01
us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50 pure
us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.04 pure
CY2023Q3 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
173000 usd
CY2022Q3 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
133000 usd
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
528000 usd
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
454000 usd
CY2022Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
13000 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
9718000 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
283000 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
8784000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
934000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
283000 usd
GAN Gains On Extinguishment Of Debt
GainsOnExtinguishmentOfDebt
9700000 usd
CY2023Q2 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
8800000 usd
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5865578 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5240901 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5865578 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5240901 shares
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29817000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32120000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
98704000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
104581000 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2607000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
459000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2117000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1874000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3039000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1467000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3039000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1467000 usd
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
301000 usd
CY2022Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
250000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
686000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
775000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29817000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32120000 usd
CY2023Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
9242000 usd
CY2022Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
9435000 usd
CY2023Q3 GAN Segment Contribution
SegmentContribution
20575000 usd
CY2022Q3 GAN Segment Contribution
SegmentContribution
22685000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
98704000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
104581000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
28888000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
31598000 usd
GAN Segment Contribution
SegmentContribution
69816000 usd
GAN Segment Contribution
SegmentContribution
72983000 usd
CY2023Q3 GAN Segment Contribution
SegmentContribution
20575000 usd
CY2022Q3 GAN Segment Contribution
SegmentContribution
22685000 usd
GAN Segment Contribution
SegmentContribution
69816000 usd
GAN Segment Contribution
SegmentContribution
72983000 usd
CY2023Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7196000 usd
CY2022Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
6781000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
21704000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
20292000 usd
CY2023Q3 GAN Product And Technology Expense
ProductAndTechnologyExpense
9150000 usd
CY2022Q3 GAN Product And Technology Expense
ProductAndTechnologyExpense
7571000 usd
GAN Product And Technology Expense
ProductAndTechnologyExpense
29966000 usd
GAN Product And Technology Expense
ProductAndTechnologyExpense
24928000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7060000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7588000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27095000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27307000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
28861000 usd
us-gaap Restructuring Costs
RestructuringCosts
1771000 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4339000 usd
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5893000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
12783000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
16862000 usd
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1264000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1450000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-3885000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-2521000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
934000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
283000 usd
CY2023Q3 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-8434000 usd
CY2022Q3 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-6585000 usd
us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-24683000 usd
us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
-49276000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29817000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32120000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
98704000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
104581000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29817000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32120000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
98704000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
104581000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.032 pure
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.054 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.016 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.010 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0 pure
us-gaap Restructuring Charges
RestructuringCharges
1800000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4438000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
234000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
751000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
195000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3730000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4481000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
195000 usd
CY2023Q3 GAN Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
909000 usd
CY2022Q4 GAN Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
1033000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
266000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
98000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
523000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
360000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
281000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1134000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1143000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1154000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1165000 usd
CY2023Q3 GAN Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
671000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5548000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1068000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4481000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y9M18D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.090 pure
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.048 pure
us-gaap Operating Lease Payments
OperatingLeasePayments
432000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
373000 usd
CY2023Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
2.00

Files In Submission

Name View Source Status
0001493152-23-040143-index-headers.html Edgar Link pending
0001493152-23-040143-index.html Edgar Link pending
0001493152-23-040143.txt Edgar Link pending
0001493152-23-040143-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
gan-20230930.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
gan-20230930_cal.xml Edgar Link unprocessable
gan-20230930_def.xml Edgar Link unprocessable
gan-20230930_lab.xml Edgar Link unprocessable
gan-20230930_pre.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending