Firy Q2 revenue $31M (+23% YoY), net loss $24.5M; wins $719M Papaya judgment

Skillz Inc.

Revenue $31.0M, up 23% YoY and 6% sequentially; gross profit $27.1M; net loss $24.5M.
Adjusted EBITDA loss $2.7M (excl. litigation), improved 63% sequentially from $7.1M loss in Q1.
RZR segment passed $10M quarterly revenue, fourth consecutive profitable quarter.
Court entered $719M disgorgement judgment plus ~$10M fees against Papaya Gaming; Papaya filed Chapter 15 in Delaware.
Redeemed $80M debt, leaving ~$50M; NOLs of $702M federal and $280M state.

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