secwatch / observer

Galaxy Gaming, Inc. — fact timeline

Source-grounded facts extracted from Galaxy Gaming, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

GLXZ Galaxy Gaming, Inc. JSON
Material Agreements

Galaxy Gaming, Inc. amended Amendment No. 1 (effective 2025-11-24).

“On November 24, 2025, the Parties entered into Amendment No. 1 (the “Amendment”) to the Merger Agreement, pursuant to which the outside date was extended from January 18, 2026 to July 17, 2026.”
Auditor Changes

Galaxy Gaming, Inc. engaged Baker Tilly US, LLP as its auditor.

“approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm”
Auditor Changes

Moss Adams LLP resigned as auditor of Galaxy Gaming, Inc..

“ Item 4.01 Changes in Registrant’s Certifying Accountant On June 3, 2025, Galaxy Gaming, Inc., (the "Company") was notified that Moss Adams LLP ("Moss Adams"), the Company's independent registered public accounting firm, merged with Baker Tilly US, LLP ("Baker Tilly") effective on June 3, 2025.”

Gavin Isaacs resigned as Director at Galaxy Gaming, Inc..

“On August 9, 2024, Gavin Isaacs notified the Board of Directors of Galaxy Gaming, Inc. (the “Company”) that he intends to resign as a member of the Board and as a member of the Audit Committee of the Board effective August 30, 2024.”

Steven Kopjo was appointed as Chief Financial Officer at Galaxy Gaming, Inc..

“On May 22, 2024, the Company and Steven Kopjo entered into an Employment Agreement”

Harry C. Hagerty departed as Chief Financial Officer, Secretary and Treasurer at Galaxy Gaming, Inc..

“extends the expiration date of the Hagerty employment agreement from April 30, 2024 to April 30, 2025 (the “Extended Term”), at which time Mr. Hagerty intends to retire from the Company;”
Earnings Releases

Galaxy Gaming, Inc. reported fiscal year 2024 results: revenue $29.0 - $30.0. Guidance initiated.

“Actual 2024 Range Midpoint Change Recurring License Revenue $ 28.0 $34.0 - $35.0 23.2% Sale of Perpetual Licenses 3.7 1.0 - 1.5 (66.2)% Gross Revenue $ 31.7 $35.0 - $36.5 12.8% Royalties Netted against Gross Revenue (3.9) (6.0 - 6.5) 60.3% Net Revenue $ 27.8 $29.0 - $30.0 6.1% Adjusted EBITDA $ 10.6 $12.0 - $13.0 17.9% In the Disaggregation of Revenue table in Exhibit 1, Recurring License Revenue in GG Digital for Q4 2022 was incorrect.”
Earnings Releases

Galaxy Gaming, Inc. reported the year ended December 31, 2023 results: revenue $27,789K, net income $(1,808)K.

“Fiscal Year 2022 • Revenue (gross) increased 23% to $31,729K • Revenue (net) increased 19% to $27,789K • Net loss of $(1,808)K vs. net loss of $(1,773)K • Adjusted EBITDA increased 1% to $10,635K o Increased 7% when adjusting FY 22 for ERTC Balance Sheet Changes (vs.”
Earnings Releases

Galaxy Gaming, Inc. reported the quarter ended December 31, 2023 results: revenue $6,737K, net income $(820)K.

“Q4 2022 • Revenue (gross) increased 25% to $8,382K • Revenue (net) increased 13% to $6,737K • Net loss of $(820)K vs. net income of $55K • Adjusted EBITDA decreased 10% to $2,828K o Increased 10% when adjusting Q4 22 for ERTC • Fiscal Year 2023 vs.”

Matt Reback was appointed as President and Chief Executive Officer at Galaxy Gaming, Inc..

“On November 6, 2023, the Company announced the appointment of Mr. Matt Reback as President and Chief Executive Officer, effective November 13, 2023”

Todd Cravens departed as President and Chief Executive Officer at Galaxy Gaming, Inc..

“Effective November 10, 2023, Mr. Cravens’ employment with the Company ended.”

Matt Reback was appointed as President and Chief Executive Officer at Galaxy Gaming, Inc..

“On November 6, 2023, the Company and Matt Reback, the Company’s President and Chief Executive Officer, effective November 13, 2023, entered into an Employment Agreement”
Earnings Releases

Galaxy Gaming, Inc. reported the quarter ended June 30, 2023 results: revenue $7,525K, net income $357K. Guidance raised.

“iGaming content, announced today its financial results for the quarter and six months ended June 30, 2023. Financial Highlights Q2 2023 vs. Q2 2022 • Revenue increased 33% to $7,525K • Adjusted EBITDA increased 36% to $3,218K • Net income of $357K vs. net loss of $(1,116)K 1H 2023 vs. 1H 2022 • Revenue increased 29% to $14,948K • Adjusted EBITDA increased”
Shareholder Votes

Galaxy Gaming, Inc. shareholders approved Ratification of Moss Adams, LLP as independent registered public accounting firm for the year ending December 31, 2023 at the 2023-06-14 meeting.

“Proposal 2 The Company’s stockholders ratified the selection of Moss Adams, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. The voting results are set forth below: Votes For Votes Against Votes Abstained Broker Non-Vote 18,278,969 27,544 643,770 0”
Shareholder Votes

Galaxy Gaming, Inc. shareholders approved Election of Directors at the 2023-06-14 meeting.

“Proposal 1 The Company’s stockholders elected the following directors. The voting results and director terms are set forth below: Votes For Votes Against Votes Abstained Broker Non-Vote Bryan Waters (Class II- term expires 2026) 9,284,710 0 2,385,859 7,279,714 Meredith Brill (Class II- term expires 2026) 11,602,636 0 67,933 7,279,714”
Earnings Releases

Galaxy Gaming, Inc. updated its fiscal 2023 guidance (raised).

“With respect to fiscal 2023, we are increasing our guidance for revenue (net of iGaming royalties) from a range of $26-$27 million to a range of $27.5-$28.5 million, and we are increasing the guidance for Adjusted EBITDA from a range of $12-13 million to a range of $13.0-13.25 million.”
Earnings Releases

Galaxy Gaming, Inc. reported the quarter ended March 31, 2023 results: revenue $7,423K, net income $111K. Guidance raised.

“casinos and iGaming content, announced today its financial results for the quarter ended March 31, 2023. Financial Highlights Q1 2023 vs. Q1 2022 • Revenue increased 25% to $7,423K • Adjusted EBITDA increased 15% to $3,084K • Net income of $111K vs. net loss of $(14)K Balance Sheet Changes (vs. December 31, 2022) • Cash decreased 10% to $16,386K • Total”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.