Galaxy Gaming Files Q1 2025 10-Q
Ticker: GLXZ · Form: 10-Q · Filed: May 12, 2025 · CIK: 13156
Sentiment: neutral
Topics: 10-Q, financials, gaming
TL;DR
Galaxy Gaming's Q1 2025 10-Q is in. Check financials for "Insurance Notes Payable" and "Licensing Fees."
AI Summary
Galaxy Gaming, Inc. filed its 10-Q for the period ending March 31, 2025. The company's business address is 6480 Cameron Street, Suite 305, Las Vegas, NV 89118. The filing indicates a fiscal year end of December 31st and references various financial instruments and segments, including "Insurance Notes Payable" and "Licensing Fees."
Why It Matters
This filing provides investors with an update on Galaxy Gaming's financial performance and operational details for the first quarter of 2025.
Risk Assessment
Risk Level: low — This is a standard quarterly filing with no immediate red flags or significant new disclosures.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
- 20250512 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Galaxy Gaming, Inc. (company) — Filer of the 10-Q
- 6480 Cameron Street, Suite 305, Las Vegas, NV 89118 (location) — Company's business and mailing address
- Fortress Credit Corporation (company) — Mentioned in relation to financial instruments
- One Month Adjusted London Interbank Offered Rate (LIBOR) (financial_instrument) — Reference rate for a loan
FAQ
What is the company's total revenue for the first quarter of 2025?
The filing indicates "TotalCoreRevenueMember" for the period 2025-01-01 to 2025-03-31, but the specific dollar amount is not provided in this excerpt.
What are the terms of the "Senior Secured Term Loan" with Fortress Credit Corporation?
The filing mentions "SeniorSecuredTermLoanMember" and "FortressCreditCorporationMember" in relation to a loan with a maturity date of 2025-01-05, but specific terms are not detailed in this excerpt.
What is the outstanding balance of "Insurance Notes Payable" as of March 31, 2025?
The filing references "InsuranceNotesPayableMember" for the period 2025-01-01 to 2025-03-31, but the specific dollar amount is not provided in this excerpt.
What were the "Licensing Fees" for the first quarter of 2025?
The filing lists "LicensingFeesMember" for the period 2025-01-01 to 2025-03-31, but the specific dollar amount is not provided in this excerpt.
What is the company's fiscal year end?
The company's fiscal year ends on December 31st, as indicated by "FISCAL YEAR END: 1231."
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 12, 2025 regarding Galaxy Gaming, Inc. (GLXZ).