Inspired Entertainment (INSE) 10-K/A 27 Feb 24 2022 FY Annual report (amended) Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Feb. 22, 2024	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K/A
Amendment Flag	true
Amendment Description	This Amendment No. 1 to Form 10-K (this “Amendment” or “Form 10-K/A”) amends the Annual Report on Form 10-K for the year ended December 31, 2022 originally filed with the Securities and Exchange Commission (“SEC”) on March 16, 2023 (the “Original Filing”) by Inspired Entertainment, Inc. (the “Company,” “we,” “our” or “us”).
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-36689
Entity Registrant Name	INSPIRED ENTERTAINMENT, INC.
Entity Central Index Key	0001615063
Entity Tax Identification Number	47-1025534
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	250 West 57th Street
Entity Address, Address Line Two	Suite 415
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10107
City Area Code	(646)
Local Phone Number	565-3861
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	INSE
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 187.3
Entity Common Stock, Shares Outstanding		26,219,021
Documents Incorporated By Reference	Portions of the registrant’s proxy statement relating to the 2023 annual meeting of stockholders are incorporated by reference in Part III. The proxy statement was filed with the Securities and Exchange Commission on April 12, 2023.
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Auditor Firm ID	688
Auditor Name	Marcum
Auditor Location	New York, NY

Consolidated Balance Sheets

Consolidated Balance Sheets £ in Millions, $ in Millions	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Oct. 01, 2019 GBP (£)
Assets
Cash	$ 25	$ 47.8
Accounts receivable, net	40.4	31.6
Inventory, net	30.3	15.5
Prepaid expenses and other current assets	31.2	29.2
Total current assets	126.9	124.1
Property and equipment, net	45.1	50.9
Software development costs, net	18.3	19.6
Other acquired intangible assets subject to amortization, net	14.6	17.4			£ 1.4
Goodwill	55.5	62.2	$ 63		£ 26.1
Operating lease right of use asset	16	19.9
Costs of obtaining and fulfilling customer contracts, net	7	7.7
Other assets	3.8	6.9
Total assets	287.2	308.7
Current liabilities
Accounts payable	23.7	20.8
Accrued expenses	29	32.9
Corporate tax and other current taxes payable	10.1	12.3
Deferred revenue, current	4.6	6.7
Operating lease liabilities	3.9	4.4
Other current liabilities	2.6	3.9
Current portion of finance lease liabilities	1	0.9
Total current liabilities	74.9	81.9
Long-term debt	277.6	309
Finance lease liabilities, net of current portion	1.2	1.9
Deferred revenue, net of current portion	2.8	5.5
Operating lease liabilities	12.3	16
Other long-term liabilities	4	3.1
Total liabilities	372.8	417.4
Commitments and contingencies
Stockholders’ deficit
Preferred stock; $0.0001 par value; 1,000,000 shares authorized, no shares issued and outstanding at December 31, 2022 and Dedember 31, 2021, respectively
Common stock; $0.0001 par value; 49,000,000 shares authorized; 25,909,516 shares and 26,433,562 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively
Additional paid in capital	378.2	372.3
Accumulated other comprehensive income	50.8	43.8	30.8	$ 45.1
Accumulated deficit	(514.6)	(524.8)
Total stockholders’ deficit	(85.6)	(108.7)	$ (128.8)	$ (61.7)
Total liabilities and stockholders’ deficit	$ 287.2	$ 308.7

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	49,000,000	49,000,000
Common stock, shares issued	25,909,516	26,433,562
Common stock, shares outstanding	25,909,516	26,433,562

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue:
Total revenue		$ 281.6	$ 205.8	$ 198.3
Cost of sales:
Cost of service	[1]	(71.4)	(51.8)	(45.9)
Cost of product sales		(21.9)	(17.8)	(15)
Selling, general and administrative expenses		(101.9)	(90.3)	(72.4)
Acquisition and integration related transaction expenses		(0.5)	(1.6)	(7)
Depreciation and amortization		(39.9)	(48.8)	(53.6)
Impairment of goodwill and other intangible assets				(22.4)
Net operating income (loss)		46	(4.5)	(18)
Other expense
Interest expense, net		(25.3)	(44.3)	(30)
Change in fair value of warrant liability			0.9	(3.2)
Gain on disposal of business		0.9
Loss from equity method investee				(0.5)
Other finance income (expense)		1.1	5.7	(4.7)
Total other expense, net		(23.3)	(37.7)	(38.4)
Income (loss) before income taxes		22.7	(42.2)	(56.4)
Income tax (expense) benefit		(2.1)	1.6	(0.4)
Net income (loss)		20.6	(40.6)	(56.8)
Other comprehensive income (loss):
Foreign currency translation gain (loss)		12.7	0.7	(5.7)
Change in fair value of hedging instrument			0.3	(2.9)
Reclassification of loss (gain) on hedging instrument to comprehensive income		0.7	1.5	1.5
Actuarial (losses) gains on pension plan		(6.4)	10.5	(7.2)
Other comprehensive income (loss)		7	13	(14.3)
Comprehensive income (loss)		$ 27.6	$ (27.6)	$ (71.1)
Net income (loss) per common share – basic		$ 0.73	$ (1.66)	$ (2.39)
Net income (loss) per common share – diluted		$ 0.71	$ (1.66)	$ (2.39)
Weighted average number of shares outstanding during the year – basic		28,049,918	24,402,461	23,717,521
Weighted average number of shares outstanding during the year – diluted		29,092,855	24,402,461	23,717,521
Stock-based compensation included in:
Selling, general and administrative expenses		$ (10.8)	$ (13)	$ (4.8)
Service [Member]
Revenue:
Total revenue		248.4	180.2	176.6
Product Sales [Member]
Revenue:
Total revenue		$ 33.2	$ 25.6	$ 21.7
[1]Excluding depreciation and amortization

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Deficit - USD ($) $ in Millions	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2019		$ 320.6	$ 45.1	$ (427.4)	$ (61.7)
Balance, shares at Dec. 31, 2019	22,230,768
Foreign currency translation adjustments			(5.7)		(5.7)
Actuarial losses on pension plan			(7.2)		(7.2)
Change in fair value of hedging instrument			(2.9)		(2.9)
Reclassification of loss on hedging instrument to comprehensive income			1.5		1.5
Shares issued in settlement of RSUs		(0.7)			(0.7)
Shares issued in settlement of RSUs, shares	192,058
Shares issued under ESPP
Shares issued under ESPP, shares	7,649
Stock-based compensation expense		4.7			4.7
Net income(loss)				(56.8)	(56.8)
Balance at Dec. 31, 2020		324.6	30.8	(484.2)	(128.8)
Balance, shares at Dec. 31, 2020	22,430,475
Foreign currency translation adjustments			0.7		0.7
Actuarial losses on pension plan			10.5		10.5
Change in fair value of hedging instrument			0.3		0.3
Reclassification of loss on hedging instrument to comprehensive income			1.5		1.5
Shares issued in settlement of RSUs		(6.4)			(6.4)
Shares issued in settlement of RSUs, shares	324,122
Stock-based compensation expense		11.7			11.7
Net income(loss)				(40.6)	(40.6)
Shares issued upon exercise of warrants		42.4			42.4
Shares issued upon exercise of warrants, shares	3,678,965
Balance at Dec. 31, 2021		372.3	43.8	(524.8)	(108.7)
Balance, shares at Dec. 31, 2021	26,433,562
Foreign currency translation adjustments			12.7		12.7
Actuarial losses on pension plan			(6.4)		(6.4)
Change in fair value of hedging instrument
Reclassification of loss on hedging instrument to comprehensive income			0.7		0.7
Shares issued in settlement of RSUs		(4.1)			(4.1)
Shares issued in settlement of RSUs, shares	543,294
Stock-based compensation expense		10			10
Net income(loss)				20.6	20.6
Repurchases of common stock				(10.4)	$ (10.4)
Repurchases of common stock, shares	(1,067,340)				1,067,340
Balance at Dec. 31, 2022		$ 378.2	$ 50.8	$ (514.6)	$ (85.6)
Balance, shares at Dec. 31, 2022	25,909,516

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net income (loss)	$ 20.6	$ (40.6)	$ (56.8)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	39.9	48.8	53.6
Amortization of right of use asset	3.5	4.5	4.5
Profit on disposal of trade and assets	(0.9)
Stock-based compensation expense	10.8	13	4.8
Loss from equity method investee			0.5
Impairment of goodwill and other intangible assets			22.4
Unrealized transactional currency gain/loss on senior bank debt		(4.7)	5.6
Change in fair value of warrant liability		(0.9)	3.2
Reclassification of loss on hedging instrument to comprehensive income	0.7	1.5	0.9
Non-cash interest expense relating to senior debt	1.8	17.2	3.4
Contract cost expense	(7.2)	(6.3)	(7.6)
Changes in assets and liabilities:
Accounts receivable	(12.1)	(4.7)	(2.8)
Inventory	(16.7)	3.2	1.4
Prepaid expenses and other assets	(4.3)	(12.4)	10.7
Corporate tax and other current taxes payable	(6.1)	(9.7)	6.8
Accounts payable	5.1	2.8	(4.7)
Deferred revenues and customer prepayment	(4.4)	(5.9)	(4.9)
Accrued expenses	0.7	1	11.1
Operating lease liabilities	(3.7)	(4)	(3.7)
Other long-term liabilities	(3)	(0.4)	(0.6)
Net cash provided by operating activities	24.7	2.4	47.8
Cash flows from investing activities:
Purchases of property and equipment	(22.2)	(11.3)	(15.3)
Acquisition of subsidiary company assets	(0.6)	(12.4)
Disposal of trade and assets	1.3
Purchases of capital software	(11.1)	(8.7)	(8.4)
Net cash used in investing activities	(32.6)	(32.4)	(23.7)
Cash flows from financing activities:
Proceeds from issuance of long-term debt		333.1
Repurchase of common stock	(10.4)
Proceeds from exercise of warrants		30.5
Repayments of revolver and long-term debt, including exit premium		(320.6)	(4.2)
Payment of debt issuance costs		(9.1)	(3.1)
Cash paid in connection with terminated interest rate swaps		(2.1)
Repayments of finance leases	(0.6)	(0.6)	(0.9)
Net cash (used in) provided by financing activities	(11)	31.2	(8.2)
Effect of exchange rate changes on cash	(3.9)	(0.5)	2.1
Net increase in cash	(22.8)	0.7	18
Cash, beginning of period	47.8	47.1	29.1
Cash, end of period	25	47.8	47.1
Supplemental cash flow disclosures
Cash paid during the period for interest	23	30.8	13.3
Cash paid during the period for income taxes		1.2	0.2
Cash paid during the period for operating leases	7.8	6.6	4.6
Supplemental disclosure of noncash investing and financing activities
Additional paid in capital from net settlement of RSUs	(4.1)	(6.4)	(0.7)
Lease liabilities arising from obtaining right of use assets	(1.8)		(10.2)
Adjustment to customer relationships intangible asset arising from adjustment to fair value of assets acquired	(0.9)
Adjustment to goodwill arising from adjustment to fair value of assets acquired			(0.2)
Property and equipment acquired through finance lease		2.6	1.5
Property and equipment transferred to inventory	0.8	1.3
Capitalized interest payments			10.6
Assets arising from asset retirement obligations			$ 1

Nature of Operations, Managemen

Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies, as restated	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies, as restated	1. Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies, as restated Company Description and Nature of Operations We are a global gaming technology company, supplying content, platform, gaming terminals and other products and services to online and land-based regulated lottery, betting and gaming operators worldwide through a broad range of distribution channels, predominantly on a business-to-business basis. We provide end-to-end digital gaming solutions (i) on our own proprietary and secure network, which accommodates a wide range of devices, including land-based gaming machine terminals, mobile devices and online computer applications and (ii) through third party networks. Our content and other products can be found through the consumer-facing portals of our interactive customers and, through our land-based customers, in licensed betting offices, adult gaming centers, pubs, bingo halls, airports, motorway service areas and leisure parks. Management Liquidity Plans As of December 31, 2022, the Company’s cash on hand was $ 25.0 27.0 20.6 40.6 56.8 6.6 28.8 29.9 10.8 13.0 4.8 0.0 0.9 3.2 22.4 24.7 2.4 47.8 52.0 4.6 There have been no COVID-19 restrictions in the United Kingdom since July 2021 and social distancing measures throughout Greece and Italy are no longer in force as of the second quarter of 2022. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Basis of Presentation The accompanying consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Principles of Consolidation All monetary values set forth in these consolidated financial statements are in US Dollars (“USD”) unless otherwise stated herein. The accompanying consolidated financial statements include the results of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Foreign Currency Translation For most of our operations, the British pound (“GBP”) is our functional currency. Our reporting currency is the USD. We also have operations where the local currency is the functional currency, including our operations in mainland Europe and North America. Assets and liabilities of foreign operations are translated at period-end rates of exchange, equity is translated at historical rates of exchange and results of operations are translated at the average rates of exchange for the period. Gains or losses resulting from translating the foreign currency financial statements are recorded as a separate component of accumulated other comprehensive income in stockholders’ deficit. Gains or losses resulting from foreign currency transactions are included in Selling, general and administrative expenses, Interest expense, net and Other finance (expense) income in the Consolidated Statement of Operations and Comprehensive Income (Loss). Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, management evaluates these estimates, including those related to the revenue recognition for contracts involving software and non-software elements, allowance for doubtful accounts, inventory reserve for net realizable value, currency swaps, valuation of hedging activities, goodwill and intangible assets, useful lives of long-lived assets, stock-based compensation, valuation allowances on deferred taxes, warrant liability, pension liability, commitments and contingencies and litigation, among others. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. We regularly evaluate these significant factors and make adjustments when facts and circumstances dictate. Actual results may differ from these estimates. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Cash We deposit cash with financial institutions that management believes are of high credit quality. Substantially all of the Company’s cash is held outside of the U.S. Included within the cash balance of $ 25.0 2.5 Accounts Receivable Accounts receivable are recorded at the invoiced amount and do not bear interest. Our standard credit terms are net 30 to 60 days. The allowance for doubtful accounts is our best estimate of the amount of probable credit losses in our existing accounts receivable. Changes in circumstances relating to the collectability of accounts receivable may result in the need to increase or decrease our allowance for doubtful accounts in the future. We determine the allowance based on historical experience, current market trends, and our customers’ financial condition. We continually review our allowance for doubtful accounts. Past due balances and other higher risk amounts are reviewed individually for collectability. Account balances are charged against the allowance after all collection efforts have been exhausted and the potential for recovery is considered remote. Under certain contracts, the timing of our invoices does not coincide with revenue recognized under the contract. We have unbilled accounts receivable which represent revenue recorded in excess of amounts invoiced under the contract and generally become billable at contractually specified dates. These amounts consist primarily of revenue from our share of net winnings earned on a daily basis where the billing period does not fall on the last day of the period. We had $ 18.0 17.4 Inventories Inventories consist primarily of component parts and related parts used in gaming terminals. Inventories are stated at the lower of cost or net realizable value, using the first-in-first-out method. We determine the lower of cost or net realizable value of our inventory based on estimates of potentially excess or obsolete inventories after considering historical and forecasted demand and average selling prices. Demand for gaming terminals and parts inventory is also subject to technological obsolescence. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Property and Equipment Property and equipment are recorded at cost, and when placed into service, depreciated and amortized to their residual values using the straight-line method over the estimated useful lives of the related assets as follows: Schedule of Property and Equipment Estimated Useful Lives Leasehold property Shorter of the useful life or the life of the lease Server based gaming terminals 2 7 Plant and machinery and fixtures and fittings 3 10 Computer equipment 3 5 Our policy is to periodically review the estimated useful lives of our fixed assets. We also assess the recoverability of long-lived assets (or asset groups) whenever events or changes in circumstances indicate that the carrying amount of such an asset (or asset groups) may not be recoverable. Repairs and maintenance costs are expensed as incurred. Upon retirement or sale, the cost of assets disposed and the related accumulated depreciation are written off and any resulting gain or loss is credited or charged to income. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Software Development Costs Research and development costs, which primarily consist of employee compensation costs and exclude costs relating to non-project time, leave and absence, are expensed as incurred, except for software product development costs that are eligible for capitalization, as described below. Total research and development costs amounted to $ 18.3 13.8 15.1 6.9 5.9 5.2 2.9 1.7 2.6 8.5 6.2 7.3 We capitalize certain eligible costs incurred to develop internal-use software as well as external use software to be used in the products we sell, lease or market to customers. We account for costs incurred to develop internal use software, including software developed to deliver our cloud-based offerings to customers, in accordance with Accounting Standards Codification (“ASC”) 350-40, Internal Use Software. Consequently, certain direct costs incurred during the application development stages are capitalized while all other related costs are expensed as incurred. Once the software is substantially complete and ready for its intended use, we amortize the capitalized internal use software costs over their estimated economic useful life, which ranges from two to five years. Amortization of such costs is included in Depreciation and amortization in the Consolidated Statement of Operations and Comprehensive Income (Loss). We purchase, license and incur costs to develop external use software to be used in the products we sell, lease or license to customers. Such costs are capitalized under ASC 985-20, Costs of Software to Be Sold, Leased, or Marketed. Costs incurred in developing such software are expensed when incurred as research and development costs until technological feasibility has been established, after which costs are capitalized up to the date the software is available for general release to customers. We capitalize the payments made for software that we purchase or license for use in our products that has previously met the technological feasibility criteria prior to our purchase or license. Once available for general release, capitalized external use software development costs are amortized over the estimated economic life, which ranges from two to five years. Amortization of such costs is included in Depreciation and amortization in the Consolidated Statement of Operations and Comprehensive Income (Loss). Goodwill and Other Acquired Intangible Assets Our principal acquired intangible assets relate to goodwill, trademarks and customer relationships. Goodwill represents the excess purchase price over the fair value of the identifiable net assets acquired in a business combination. Trademarks and customer relationships were originally recorded at their fair values in connection with business combinations and increased in 2021 due to the acquisition of 100 Goodwill and other intangible assets with indefinite useful lives are not amortized, but instead are tested for impairment at least annually. Intangible assets with finite lives are amortized on a straight-line basis over three to thirteen years to their estimated residual values and reviewed for impairment. Factors considered when assigning useful lives include legal, regulatory and contractual provisions, product obsolescence, demand, competition and other economic factors. Impairment of Goodwill and Long-Lived Assets We test for goodwill impairment at least annually on the last day of our fiscal period, and whenever other facts and circumstances indicate that the carrying value may not be recoverable. For goodwill impairment evaluations, we first make a qualitative assessment to determine if goodwill is likely to be impaired. If it is more-likely-than-not that a reporting unit’s fair value is less than its carrying value, we then compare the fair value of the reporting unit to its respective carrying amount. Goodwill is carried, and therefore tested, at the reporting unit level. As of December 31, 2022 we have five reporting units, Virtual Sports, Interactive, Leisure, and two reporting units within our Gaming segment. If the fair value of the reporting unit is less than its carrying amount, the amount of the impairment loss, if any, will be measured by comparing the implied fair value of goodwill to its carrying amount and would be charged to operations as an impairment loss. During the first quarter of 2020, due to the COVID-19 pandemic, the Company performed a qualitative and quantitative impairment analysis and subsequently recorded an impairment of $ 20.5 million to goodwill. As of December 31, 2022, 2021, and 2020 management determined there were no new indicators of impairment and concluded that no further impairment was required at any of these dates. We assess the recoverability of long-lived assets and intangible assets with finite useful lives whenever events arise or circumstances change that indicate the carrying amount of an asset may not be recoverable. Recoverability of long-lived assets (or asset groups) to be held and used is measured by a comparison of the carrying amount of the asset (or asset group) to the expected net future undiscounted cash flows to be generated by that asset (or asset group) or, for identifiable intangibles with finite useful lives, by determining whether the amortization of the intangible asset balance over its remaining life can be recovered through expected net future undiscounted cash flows. The amount of impairment of other long-lived assets and intangible assets with finite lives is measured by the amount by which the carrying amount of the asset exceeds the fair market value of the asset. During the first quarter of 2020, due to the COVID-19 pandemic, the Company determined the conditions of the pandemic could indicate possible impairment of its intangible assets and performed a qualitative and quantitative analysis. The Company determined that customer relationships and trademarks intangible assets within its Playnation asset group were fully impaired. As a result, an impairment of $ 1.3 0.5 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Equity Method Investment For investments in entities over which the Company exercises significant influence, but which do not meet the requirements for consolidation, the Company uses the equity method of accounting. On October 1, 2019, the Company acquired a 40 0.7 The Company evaluates its equity method investments for impairment whenever events or changes in circumstances indicate that the carrying amounts of such investment may not be recoverable. The difference between the carrying value of the equity method investment and its estimated fair value is recognized as an impairment charge when the loss in value is deemed other-than-temporary. Since April 2020, the Company has had no equity method investments and has therefore recognized no impairments. Deferred Revenue and Deferred Cost of Sales Deferred revenue arises from the timing differences between the shipment or installation of gaming terminals and systems products and the satisfaction of all revenue recognition criteria consistent with our revenue recognition policy, as well as prepayment of contracts which are recognized ratably over a service period, such as maintenance or licensing fees. Deferred cost of sales, recorded as prepaid expenses and other assets, consists of the direct costs associated with the manufacture of gaming equipment and systems products for which revenue has been deferred. Amounts expected to be recognized as revenue within the 12 months following the balance sheet date are classified as deferred revenue in current liabilities. Amounts not expected to be recognized as revenue within the 12 months following the balance sheet date are classified as deferred revenue, net of current portion. Debt Issuance Costs Debt issuance costs incurred in connection with the Company’s debt are capitalized and amortized as interest expense over the term of the related debt. The Company presents debt issuance costs as a reduction from the carrying amount of debt. Only costs that are wholly attributable to obtaining the related debt finance are treated as debt issuance costs. Any other costs are expensed to the Consolidated Statement of Operations and Comprehensive Income (Loss) as part of Acquisition and integration related transaction expenses. Value Added Tax The Company is subject to Value Added Tax (“VAT”) in some locations. The amount of VAT liability is determined by applying the applicable tax rate to the invoiced amount of goods and services sold less VAT paid on purchases made with the relevant supporting invoices. VAT is collected from customers by the Company on behalf of the tax authorities and is therefore not charged to the Consolidated Statement of Operations and Comprehensive Income (Loss). Common Stock Purchase Warrants and Derivative Financial Instruments The Company reviews any common stock purchase warrants and other freestanding derivative financial instruments at each balance sheet date and classifies them on the consolidated balance sheet as: a) Equity if they (i) require physical settlement (full or net-share settlement), or (ii) gives the Company a choice of net-cash settlement or physical settlement in its own shares (full or net shares), or b) Assets or liabilities if they (i) require net-cash settlement (including a requirement to net cash settle the contract if an event occurs and if that event is outside the Company’s control), or (ii) give the counterparty a choice of net-cash settlement or settlement in shares (full physical settlement or net-share settlement). INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 At each reporting date, the Company determines whether a change in classification between assets and liabilities is required. During the year ending December 31, 2021, (i) an aggregate of 2,651,129 5,302,258 1,027,836 9,049,230 no At December 31, 2020, the Company considered that the warrants did not meet the criteria for equity classification and must be recorded as liabilities. As the warrants met the definition of a derivative as contemplated in ASC 815, the warrants were measured at fair value at inception and at each reporting date in accordance with ASC 820, Fair Value Measurement, with changes in fair value recognized in the Consolidated Statements of Operations and Comprehensive Income (Loss) in the period of change. From time to time we enter into foreign currency forward contracts to mitigate the risk associated with cash payments required to be made in non-functional currencies or to mitigate the risk associated with cash to be received in non-functional currencies. Accounting Policy for Derivative Instruments and Hedging Activities FASB ASC 815, Derivatives and Hedging (“ASC 815”), provides the disclosure requirements for derivatives and hedging activities with the intent to provide users of financial statements with an enhanced understanding of: (a) how and why an entity uses derivative instruments, (b) how the entity accounts for derivative instruments and related hedged items, and (c) how derivative instruments and related hedged items affect an entity’s financial position, financial performance, and cash flows. Further, qualitative disclosures are required that explain the Company’s objectives and strategies for using derivatives, as well as quantitative disclosures about the fair value of and gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative instruments. As required by ASC 815, the Company records all derivatives on the balance sheet at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge or the earnings effect of the hedged forecasted transactions in a cash flow hedge. The Company may enter into derivative contracts that are intended to economically hedge certain of its risk, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. In accordance with the FASB’s fair value measurement guidance in ASU 2011-04, “Fair Value Measurements,” the Company made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. Revenue Recognition The Company evaluates the recognition of revenue and rental income based on the criteria set forth in ASC 606 or ASC 842, as appropriate. Revenue is recognized net of rebates and discounts when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Under ASC 606, a performance obligation is a promise within a contract to transfer a distinct good or service, or a series of distinct goods and services, to a customer. Revenue is recognized when performance obligations are satisfied and the customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for goods or services. Under the standard, a contract’s transaction price is allocated to each distinct performance obligation. To determine revenue recognition for arrangements that the Company determines are within the scope of ASC 606, the Company performs the following five steps: 1. identify the contracts with a customer; 2. identify the performance obligations within the contract, including whether they are distinct in the context of the contract and capable of being distinct; INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 3. determine the transaction price; 4. allocate the transaction price to the performance obligations in the contract; and 5. recognize revenue when, or as, the Company satisfies each performance obligation. Step 1 – Identify the contract The Company identifies contracts with its customers when all parties have approved the contract and are committed to perform their respective obligations, when each party’s rights and the payment terms regarding the goods or services to be transferred can be identified. The contract must also have commercial substance, and it must be probable that the Company will collect the consideration to which it will be entitled. Contracts entered into at or near the same time with the same customer or related parties of the customer are accounted for as one contract if any of the following criteria are met: a. Contracts were negotiated as a single commercial package (including whether a contract would be loss-making without taking into account the consideration received under another contract) b. Consideration in one contract depends on the other contract c. Goods or services (or some of the goods or services) are a single performance obligation. Step 2 – Identify performance obligations Performance obligations are identified by considering whether a good or service is distinct. The Company considers a good or service to be distinct only when the customer can benefit from it either on its own or together with other resources that are readily available, and when the promise to transfer the good or service to the customer is separately identifiable from other promises in the contract. The Company applies the series guidance to its performance obligations where the following criteria apply: a. Each distinct good or service in the series meets the criteria to be a performance obligation satisfied over time. b. The same method would be used to measure progress toward complete satisfaction of the performance obligation to transfer each distinct good or service in the series to the customer. Step 3 – Determine the transaction price The Company considers all amounts to which it has rights in exchange for the goods or services transferred in determining the transaction price. This includes fixed and variable consideration. If the consideration promised by a customer includes a variable amount, we estimate the amount to which we expect to be entitled using either the expected value or most likely amount method. In the case where the variable consideration is in the form of usage based fees, the Company evaluates the royalties to determine whether they qualify for the sales and usage-based royalty exception, as discussed under Step 5. . The Company also considers the impact of any liquidated damages clauses or service level agreements that could result in credits or refunds to the client or incentive payments/bonuses from the customer upon achieving certain agreed-upon metrics. Incentive payments are accounted for as variable considerations when the likely amount of revenue to be recognized can be estimated to the extent that it is probable that a significant reversal of any incremental revenue will not occur. Where variable considerations relates to a performance obligation determined to be a series, variable consideration is not estimated upfront in accordance with the exception allowed by ASC 606. The Company’s contracts with customers generally do not include non-cash consideration. In determining the transaction price, the Company adjusts the promised amount of consideration for the effects of the time value of money if the payment terms are not standard and the timing of payments agreed to by the parties to the contract provide the customer or the Company with a significant benefit of financing, in which case the contract contains a significant financing component. In accordance with the practical expedient in ASC 606-10-32-18, the Company elected to not assess the existence of a significant financing component when the difference between payment and transfer of deliverables is a year or less. Invoices are generally issued as control transfers and/or as services are rendered. Our standard payment terms dictate that payment is due upon receipt of invoice, payable within 30 to 60 days. Sales taxes and all other items of a similar nature are excluded from the measurement of the transaction price and shipping and handling activities are treated as a fulfillment of our promise to transfer the goods, hence, included in cost of sales. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Step 4 – Allocate the transaction price The Company allocates the contract’s transaction price to each performance obligation based on the relative standalone selling prices of the goods or services being provided. Where a contract includes multiple performance obligations, the Company determines the standalone selling price at contract inception of the distinct good or service underlying each performance obligation in the contract and allocates the transaction price in proportion to those standalone selling prices. Where possible, the Company uses the price charged for the good or service to other customers in similar circumstances as evidence of standalone selling price. Where this is not possible, the standalone selling price is estimated by experienced management using the best available judgement considering multiple factors including, but not limited to, overall market conditions, including geographic or regional specific factors, competitive positioning, competitor actions, internal costs, profit objectives, and pricing practices. With respect to performance obligations that are considered to be a series, where appropriate and where the required criteria are met, variable consideration is allocated entirely to a distinct good or service that is part of a series. Step 5 – Recognize revenue The Company recognizes revenue over time for performance obligations that meet one of the following criteria: a. The customer simultaneously receives and consumes the benefits provided by the Company’s performance as the Company performs. b. The Company’s performance creates or enhances an asset that the customer controls as the asset is created or enhanced. c. The Company’s performance does not create an asset with an alternative use to the Company, and the Company has an enforceable right to payment for performance completed to date Revenue for the Company’s remaining performance obligations that do not meet one of the above criteria is recognized at the point at which the customer obtains control of the good or service. The Company assesses usage-based fees it receives as consideration in contracts that contain licenses of its intellectual property to determine if such fees constitute a sales- or usage-based royalty, in which case the usage-based fee is included in the contract’s transaction price as and when the usage occurs, since by that time our licensing obligations have been (or are in process of being) fulfilled. Acting as a Principal or an Agent The Company now evaluates arrangements where they may be acting as a principal or an agent. We may include subcontractor services or third-party vendor services or products in certain arrangements. In these arrangements, revenue from sales of third-party vendor services or products are recorded net of our costs when we are acting as an agent between the customer and the vendor, and gross when we are the principal for the transaction. To determine whether we are an agent or principal, we consider whether we obtain control of the services or products before they are transferred to the customer. In making this evaluation, several factors are considered, most notably whether we have primary responsibility for fulfillment to the customer, as well as inventory risk and pricing discretion. Segment Revenue The Company now has detailed evaluation of segment specific revenue recognition requirements under ASC 606 or ASC 842, as appropriate. Gaming Revenue Gaming contracts typically include multiple performance obligations such as delivery of our gaming terminals preloaded with proprietary gaming software, sever-based content, as well as services such as terminal repairs, maintenance, software updates and upgrades on an when and if available basis and content development. Consideration with respect to these performance obligations typically takes the form of a fixed price per terminal billed upfront and a usage based fee in the form of percentage of net winnings, billed in arrears (usually monthly). Transaction price is allocated to all performance obligations within a contract on the basis of their standalone selling prices. Terminal revenue is recognized at the point in time in accordance with contractual terms of each arrangement, but predominantly upon transfer of physical possession of the terminal or the lapse of customer acceptance provisions. Services such as terminal repairs, maintenance, software updates and upgrades and content development are considered stand-ready obligations; therefore, control transfers and revenue is recognized over time over the term of the service period. As the license of our intellectual property is the predominant item to which the royalty relates, variable consideration related to sales- and usage-based royalty are recognized in the period the sale or usage occurs in accordance with ASC 606-10-55-65(A). The Company also enters into arrangements that provide the customer with the right to use the terminals, wherein the Company operate as both a lessor and a content and service provider. ASC 842 pr

Restatement of Previously Issue

Restatement of Previously Issued Financial Statements	12 Months Ended
	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Restatement of Previously Issued Financial Statements	2. Restatement of Previously Issued Financial Statements Restatement Background On November 2, 2023, the Company, in concurrence with the Company’s audit committee, concluded that our 2022, 2021 and 2020 consolidated financial statements, included in our Annual Reports on Form 10-K as of December 31, 2022 and 2021 and for the fiscal years ended December 31, 2022, 2021, and 2020 (collectively the “Prior Period Financial Statements”), should no longer be relied upon due to misstatements that are described below, and that we would restate such financial statements to make the necessary accounting corrections. Details of the restated consolidated financial statements as of December 31, 2022 and 2021 and for the fiscal years ended December 31, 2022, 2021 and 2020 are provided below (“Restatement Items”). The Company issued a revision for capitalized software and related amortization expense in the quarterly report on Form 10-Q filed on August 11, 2023 for the period ended June 30, 2023 to the numbers previously presented in the Form 10-K filed on March 16, 2023 for the year ended December 31, 2022 (the “Revision”). This revision related to certain completed software development projects were, but should not have been, delayed in the shift from work in progress to completed projects. Consequently, the commencement of amortization for certain projects was delayed and the reported amortization was lower than the actual amortization. This issue is distinct from the capitalized software restatements below. The tables below have been updated to separate the impact of the Restatement Items from the Revision. Restatement Items Capitalized software and Costs to fulfill a contract Costs of Software to Be Sold, Leased or Marketed Intangibles – Goodwill and Other – Internal-Use Software Other Assets and Deferred Costs – Contracts with Customers. In addition, t he Company determined certain minor software enhancements were inappropriately capitalized and capitalized labor rates were inappropriately included in ertain amortization . 16.5 16.0 6.6 6.7 4.6 3.0 3.1 3.4 1.7 2.1 1.0 1.1 Revenue and Costs to obtain a contract – identified corrections needed related to ASC 606, Revenue from Contracts with Customers . identified certain performance obligations that were delivered and therefore should have been recognized at a specific point in time (rather than over time). Additionally, identified that (i) for certain Interactive Aggregator contracts, revenue should have been reported on a net, rather than gross, basis and (ii) also identified immaterial contract that should have been recognized as sales type lease rather than operating lease. Lastly, the Company had historically expensed commissions in the period incurred instead of capitalizing and amortizing them under the accounting framework for costs to obtain contracts with customers pursuant to ASC 606, Revenue from Contracts with Customers, and ASC 340-40, Other Assets and Deferred Costs – Contracts with Customers. 0.4 0.2 1.0 0.9 1.3 0.8 3.2 3.1 2.1 0.4 7.4 6.0 4.5 0.4 0.1 4.5 3.7 3.5 Note 12, “Contract Liabilities and Other Disclosures” and Note 28, “Segment Reporting and Geographic Information” have also been corrected. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Inventory T he Company capitalized field inventory, repair and consumable items. Note 5, “Inventory” has also been corrected. Goodwill and intangibles Through review of the appropriate reporting units and asset groups to assess impairments at under ASC 350, Intangibles – Goodwill and Other ASC 360, Property, Plant and Equipment, identified a triggering event in the first quarter of 2020, related to the beginning of the COVID-19 pandemic, for which an impairment assessment was required for (i) S G and Acquired Business reporting units and (ii) all landbased asset groups. Based on the assessment, we determined that an impairment of acquired business goodwill and long-lived assets occurred in the first quarter of 2020. Additionally, determined that a significant number of synergies existed from the acquisition in the fourth quarter of 2019 a portion of the acquisition goodwill should have been reallocated to other reporting units upon acquisition. The corrections resulted in a decrease in Other acquired intangible assets subject to amortization, net of $ 1.2 1.5 0.2 0.2 0.1 22.4 Leasing identified errors related to leasing, which primarily related to the Company not historically includ in-substance fixed payments related to certain leases according to the accounting framework in ASC 842, Leases. The corrections resulted in an increase in Operating lease right of use asset of $ 7.7 9.8 1.1 1.1 6.4 8.6 Pension Basic and diluted n – An error to shares outstanding primarily relates to t not includ deferred settlement equity awards that had vested in the number of outstanding shares used in the calculation of basic weighted average number of shares outstanding pursuant to ASC 260, Earnings Per Share. N Other areas identified – T hrough the restatement process, he Company has reclassified certain costs for salaries of service employees. The Company has also corrected the currency effect on cash within the statement of cash flows. Refer to reference “g” below. The Company has also corrected Accumulated deficit as of January 1, 2020 in connection with the restatement adjustments discussed above for capitalized software and revenue. In addition, the Company has corrected other adjustments that are quantitatively immaterial, individually and in aggregate, but because we are correcting for these material , we have decided to correct these other adjustments. Income tax INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Summary impact of Restatement Items to Prior Period Financial Statements The following tables present the effect of the Restatement Items on the Company’s consolidated balance sheets for the periods indicated (in millions, except per share): Schedule of Restatement Items on the Company’s Consolidated Balance sheets Reported  Revision Adjustments As Restated References As of December 31, 2022 As Previously Previous Restatement Restatement Reported Revision Adjustments As Restated References Assets Cash $ 25.0 $ - $ - $ 25.0 Accounts receivable, net 40.5 - (0.1 ) 40.4 f Inventory, net 31.0 - (0.7 ) 30.3 c Prepaid expenses and other current assets 32.1 - (0.9 ) 31.2 f Total current assets 128.6 - (1.7 ) 126.9 Property and equipment, net 44.7 - 0.4 45.1 b, f Software development costs, net 35.8 (1.0 ) (16.5 ) 18.3 a Other acquired intangible assets subject to amortization, net 14.7 - (0.1 ) 14.6 d, f Goodwill 73.9 - (18.4 ) 55.5 d Operating lease right of use asset 8.3 - 7.7 16.0 e Costs of obtaining and fulfilling customer contracts, net - - 7.0 7.0 a, b, f Other assets 3.4 - 0.4 3.8 f Total assets $ 309.4 $ (1.0 ) $ (21.2 ) $ 287.2 Liabilities and Stockholders’ Deficit Current liabilities Accounts payable $ 25.7 $ - (2.0 ) 23.7 f Accrued expenses 28.5 - 0.5 29.0 f Corporate tax and other current taxes payable 9.3 - 0.8 10.1 f Deferred revenue, current 4.8 - (0.2 ) 4.6 b Current portion of operating lease liabilities 2.8 - 1.1 3.9 e Other current liabilities 2.6 - - 2.6 Current portion of finance lease liabilities 1.0 - - 1.0 Total current liabilities 74.7 - 0.2 74.9 Long-term debt 277.6 - - 277.6 Finance lease liabilities, net of current portion 1.2 - - 1.2 Deferred revenue, net of current portion 3.7 - (0.9 ) 2.8 b Operating lease liabilities 5.9 - 6.4 12.3 e Other long-term liabilities 4.0 - - 4.0 Total liabilities $ 367.1 $ - $ 5.7 $ 372.8 Commitments and contingencies - - - - Stockholders’ deficit Preferred stock; $ 0.0001 1,000,000 - - - - Common stock; $ 0.0001 49,000,000 25,909,516 26,433,562 - - - - Additional paid in capital 378.2 - - 378.2 Accumulated other comprehensive income 46.3 0.1 4.4 50.8 Accumulated deficit (482.2 ) (1.1 ) (31.3 ) (514.6 ) Total stockholders’ deficit (57.7 ) (1.0 ) (26.9 ) (85.6 ) Total liabilities and stockholders’ deficit $ 309.4 $ (1.0 ) $ (21.2 ) $ 287.2 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References As of December 31, 2021 As Previously Restatement Restatement Reported Adjustments As Restated References Assets Cash $ 47.8 $ - $ 47.8 Accounts receivable, net 31.7 (0.1 ) 31.6 f Inventory, net 16.9 (1.4 ) 15.5 c Prepaid expenses and other current assets 30.0 (0.8 ) 29.2 f Total current assets 126.4 (2.3 ) 124.1 Property and equipment, net 50.9 - 50.9 Software development costs, net 35.6 (16.0 ) 19.6 a Other acquired intangible assets subject to amortization, net 18.9 (1.5 ) 17.4 d Goodwill 82.7 (20.5 ) 62.2 d Operating lease right of use asset 10.1 9.8 19.9 e Costs of obtaining and fulfilling customer contracts, net - 7.7 7.7 a,f Other assets 7.1 (0.2 ) 6.9 f Total assets $ 331.7 $ (23.0 ) $ 308.7 Liabilities and Stockholders’ Deficit Current liabilities Accounts payable 20.8 - 20.8 Accrued expenses 32.6 0.3 32.9 f Corporate tax and other current taxes payable 12.3 - 12.3 Deferred revenue, current 7.7 (1.0 ) 6.7 b Operating lease liabilities 3.3 1.1 4.4 e Other current liabilities 3.9 - 3.9 Current portion of finance lease liabilities 0.9 - 0.9 Total current liabilities 81.5 0.4 81.9 Long-term debt 309.0 - 309.0 Finance lease liabilities, net of current portion 1.9 - 1.9 Deferred revenue, net of current portion 6.8 (1.3 ) 5.5 b Operating lease liabilities 7.4 8.6 16.0 e Other long-term liabilities 3.1 - 3.1 Total liabilities $ 409.7 $ 7.7 $ 417.4 Commitments and contingencies - - - Stockholders’ deficit Preferred stock; $ 0.0001 1,000,000 - - - Common stock; $ 0.0001 49,000,000 25,909,516 26,433,562 - - - Additional paid in capital 372.3 - 372.3 Accumulated other comprehensive income 43.8 - 43.8 Accumulated deficit (494.1 ) (30.7 ) (524.8 ) Total stockholders’ deficit (78.0 ) (30.7 ) (108.7 ) Total liabilities and stockholders’ deficit $ 331.7 $ (23.0 ) $ 308.7 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The following tables present the effect of the Restatement Items on the Company’s consolidated statement of operations for the periods indicated (in millions, except share and per share amounts): Reported Revision Adjustments As Restated References For Year Ended December 31, 2022 As Previously Previous Restatement Restatement Reported Revision Adjustments As Restated References Revenue: Service $ 251.8 - $ (3.4 ) $ 248.4 b, f Product Sales 33.6 - (0.4 ) 33.2 b Total revenue 285.4 - (3.8 ) 281.6 Cost of Sales Cost of service (49.3 ) - (22.1 ) (71.4 ) b, f Cost of product sales (22.7 ) - 0.8 (21.9 ) b, c, f Selling, general, and administrative (126.4 ) - 24.5 (101.9 ) a, f Acquisition and integration related transaction expenses (0.5 ) - - (0.5 ) Depreciation and amortization (37.6 ) (1.1 ) (1.2 ) (39.9 ) a, b, d, f Net operating income (loss) 48.9 (1.1 ) (1.8 ) 46.0 Other expense Interest expense, net (25.4 ) - 0.1 (25.3 ) b Gain on disposal of business 0.9 - - 0.9 Other finance income (expense) 1.1 - - 1.1 Total other expense, net (23.4 ) - 0.1 (23.3 ) Income (loss) before income taxes 25.5 (1.1 ) (1.7 ) 22.7 Income tax (expense) benefit (3.2 ) - 1.1 (2.1 ) Net income (loss) 22.3 (1.1 ) (0.6 ) 20.6 Other comprehensive income (loss) Foreign currency translation gain (loss) 8.2 - 4.5 12.7 f Change in fair value of hedging instrument - - - - Reclassification of loss (gain) on hedging instrument to comprehensive income 0.7 - - 0.7 Actuarial (losses) gains on pension plan (6.4 ) - - (6.4 ) Other comprehensive income (loss) 2.5 - 4.5 7.0 Comprehensive income (loss) $ 24.8 $ (1.1 ) $ 3.9 $ 27.6 Net income (loss) per common share - basic $ 0.84 $ (0.04 ) $ (0.07 ) $ 0.73 Net income (loss) per common share - diluted $ 0.77 $ (0.04 ) $ (0.02 ) $ 0.71 Weighted average number of shares outstanding during the year - basic 26,446,374 - 1,603,544 28,049,918 h Weighted average number of shares outstanding during the year - diluted 29,035,785 - 57,070 29,092,855 h INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References For the Year Ended December 31, 2021 As Previously Restatement Restatement Reported Adjustments As Restated References Revenue: Service $ 183.3 $ (3.1 ) $ 180.2 b Product Sales 25.6 - 25.6 Total Revenue 208.9 (3.1 ) 205.8 Cost of Sales Cost of Service (34.3 ) (17.5 ) (51.8 ) b, f Cost of product sales (16.4 ) (1.4 ) (17.8 ) c Selling, general, and administrative (110.2 ) 19.9 (90.3 ) a, f Acquisition and integration related transaction expenses (1.6 ) - (1.6 ) Depreciation and amortization (47.0 ) (1.8 ) (48.8 ) a, b, d Net operating income (loss) (0.6 ) (3.9 ) (4.5 ) Other expense Interest expense, net (44.3 ) - (44.3 ) Change in fair value of warrant liability 0.9 - 0.9 Other finance income (expense) 5.7 - 5.7 f Total other expense, net (37.7 ) - (37.7 ) Income (loss) before income taxes (38.3 ) (3.9 ) (42.2 ) Income tax (expense) benefit 1.6 - 1.6 Net income (loss) (36.7 ) (3.9 ) (40.6 ) Other comprehensive income (loss) Foreign currency translation gain (loss) 0.4 0.3 0.7 Change in fair value of hedging instrument 0.3 - 0.3 Reclassification of loss (gain) on hedging instrument to comprehensive income 1.5 - 1.5 Actuarial (losses) gains on pension plan 10.5 - 10.5 Other comprehensive income (loss) 12.7 0.3 13.0 Comprehensive income (loss) $ (24.0 ) $ (3.6 ) $ (27.6 ) Net income (loss) per common share - basic $ (1.60 ) $ (0.06 ) $ (1.66 ) Net income (loss) per common share - diluted $ (1.60 ) $ (0.06 ) $ (1.66 ) Weighted average number of shares outstanding during the year - basic 22,897,997 1,504,464 24,402,461 h Weighted average number of shares outstanding during the year - diluted 22,897,997 1,504,464 24,402,461 h INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References For the Year Ended December 31, 2020 As Previously Restatement Restatement Reported Adjustments As Restated References Revenue: Service $ 178.7 $ (2.1 ) $ 176.6 b, Product Sales 21.1 0.6 21.7 f Total Revenue 199.8 (1.5 ) 198.3 Cost of Sales Cost of service (30.1 ) (15.8 ) (45.9 ) b, f Cost of product sales (14.4 ) (0.6 ) (15.0 ) Selling, general, and administrative (89.6 ) 17.2 (72.4 ) a, f Acquisition and integration related transaction expenses (7.0 ) - (7.0 ) Depreciation and amortization (52.3 ) (1.3 ) (53.6 ) a, b, d Impairment of goodwill and intangibles - (22.4 ) (22.4 ) d Net operating income (loss) 6.4 (24.4 ) (18.0 ) Other expense Interest expense, net (30.0 ) - (30.0 ) Change in fair value of warrant liability (3.2 ) - (3.2 ) Loss from equity method investee (0.5 ) - (0.5 ) Other finance income (expense) (4.7 ) - (4.7 ) Total other expense, net (38.4 ) - (38.4 ) Income (loss) before income taxes (32.0 ) (24.4 ) (56.4 ) Income tax (expense) benefit (0.4 ) - (0.4 ) Net income (loss) (32.4 ) (24.4 ) (56.8 ) Other comprehensive income (loss) Foreign currency translation gain (loss) (5.4 ) (0.3 ) (5.7 ) Change in fair value of hedging instrument (2.9 ) - (2.9 ) Reclassification of loss (gain) on hedging instrument to comprehensive income 1.5 - 1.5 Actuarial (losses) gains on pension plan (7.2 ) - (7.2 ) Other comprehensive income (loss) (14.0 ) (0.3 ) (14.3 ) Comprehensive income (loss) $ (46.4 ) $ (24.7 ) $ (71.1 ) Net income (loss) per common share - basic $ (1.45 ) $ (0.94 ) $ (2.39 ) Net income (loss) per common share - diluted $ (1.45 ) $ (0.94 ) $ (2.39 ) Weighted average number of shares outstanding during the year - basic 22,399,333 1,318,188 23,717,521 h Weighted average number of shares outstanding during the year - diluted 22,399,333 1,318,188 23,717,521 h INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The following tables present the effect of the Restatement Items on the Company’s consolidated statements of stockholders’ equity (deficit) for the periods indicated (in millions, except per share amounts): Shares Amount capital income deficit deficit References Accumulated Additional other Total Common Stock paid in comprehensive Accumulated stockholders’ Restatement Shares Amount capital income deficit deficit References Balance as of December 31, 2020 (As Previously Reported) 22,430,475 $ - $ 324.6 $ 31.1 $ (457.4 ) $ (101.7 ) Restatement Items - - - (0.3 ) (26.8 ) (27.1 ) Balance as of December 31, 2020 (As Restated) 22,430,475 - 324.6 30.8 (484.2 ) (128.8 ) Balance as of December 31, 2021 (As Previously Reported) 26,433,562 - 372.3 43.8 (494.1 ) (78.0 ) Restatement Items - - - - (30.7 ) (30.7 ) Balance as of December 31, 2021 (As Restated) 26,433,562 - 372.3 43.8 (524.8 ) (108.7 ) Balance as of December 31, 2022 (As Previously Reported) 25,909,516 - 378.2 46.3 (482.2 ) (57.7 ) Previous Revision - - - 0.1 (1.1 ) (1.0 ) Restatement Items - - - 4.4 (31.3 ) (26.9 ) Balance as of December 31, 2022 (As Restated) 25,909,516 $ - $ 378.2 $ 50.8 $ (514.6 ) $ (85.6 ) Balance 25,909,516 $ - $ 378.2 $ 50.8 $ (514.6 ) $ (85.6 ) INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The following tables present the effect of the Restatement Items on the Company’s consolidated statements of cashflows for the periods indicated (in millions): Reported Revision Adjustments As Restated References Year Ended December 31, 2022 As Previously Previous Restatement Restatement Reported Revision Adjustments As Restated References Cash flows from operating activities: Net income $ 22.3 $ (1.1 ) $ (0.6 ) $ 20.6 a, b, c, d, f Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 37.6 (1.1 ) 3.4 39.9 a, b, d Right of use asset amortization 2.4 - 1.1 3.5 e Profit on disposal of trade and assets - - (0.9 ) (0.9 ) f Stock-based compensation expense 10.8 - - 10.8 Reclassification of loss on hedging instrument to comprehensive income 0.7 - - 0.7 Non-cash interest expense relating to senior debt 1.8 - - 1.8 Contract cost expense - - (7.2 ) (7.2 ) a, b Changes in assets and liabilities: Accounts receivable (12.0 ) - (0.1 ) (12.1 ) f, g Inventory (16.0 ) - (0.7 ) (16.7 ) c, g Prepaid expenses and other assets (3.8 ) - (0.5 ) (4.3 ) f, g Corporate tax and other current taxes payable (6.7 ) - 0.6 (6.1 ) f, g Accounts payable 7.5 - (2.4 ) 5.1 f, g Deferred revenues and customer prepayment (5.2 ) - 0.8 (4.4 ) b, g Accrued expenses 0.8 - (0.1 ) 0.7 g Operating lease liabilities (2.6 ) - (1.1 ) (3.7 ) e, g Other long-term liabilities (2.9 ) - (0.1 ) (3.0 ) g Net cash provided by operating activities 34.7 (2.2 ) (7.8 ) 24.7 Cash flows from investing activities: Purchases of property and equipment (21.2 ) - (1.0 ) (22.2 ) b, f Acquisition of subsidiary company assets (0.6 ) - - (0.6 ) Disposal of trade and assets - - 1.3 1.3 f Purchases of capital software (18.6 ) - 7.5 (11.1 ) a Net cash used in investing activities (40.4 ) - 7.8 (32.6 ) Cash flows from financing activities: Repurchase of common stock (10.4 ) - - (10.4 ) Repayments of finance leases (0.6 ) - - (0.6 ) Net cash (used in) provided by financing activities (11.0 ) - - (11.0 ) Effect of exchange rate changes on cash (6.1 ) - 2.2 (3.9 ) g Net increase in cash (22.8 ) - - (22.8 ) Cash, beginning of period 47.8 - - 47.8 Cash, end of period $ 25.0 $ - $ - $ 25.0 Supplemental cash flow disclosures Cash paid during the period for interest $ 23.0 $ - $ - $ 23.0 Cash paid during the period for income taxes $ - $ - $ - $ - Cash paid during the period for operating leases $ 4.3 $ - $ 3.5 $ 7.8 e Supplemental disclosure of noncash investing and financing activities Additional paid in capital from net settlement of RSUs $ (4.1 ) $ - $ - $ (4.1 ) Lease liabilities arising from obtaining right of use assets $ (1.8 ) $ - $ - $ (1.8 ) Adjustment to customer relationships intangible asset arising from adjustment to fair value of assets acquired $ (0.9 ) $ - $ - $ (0.9 ) Property and equipment transferred to inventory $ 0.8 $ - $ - $ 0.8 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References Year Ended December 31, 2021 As Previously Restatement Restatement Reported Adjustments As Restated References Cash flows from operating activities: Net loss $ (36.7 ) $ (3.9 ) $ (40.6 ) a, b, c, d, f Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 47.0 1.8 48.8 a, b, d Amortization of right of use asset 3.3 1.2 4.5 e Stock-based compensation expense 13.0 - 13.0 Impairment of investment in equity method investee - - - Unrealized transactional currency gain/loss on senior bank debt (4.6 ) (0.1 ) (4.7 ) f Change in fair value of warrant liability (0.9 ) - (0.9 ) Reclassification of loss on hedging instrument to comprehensive income 1.5 - 1.5 Non-cash interest expense relating to senior debt 17.2 - 17.2 Contract cost expense - (6.3 ) (6.3 ) a, b Changes in assets and liabilities: Accounts receivable (4.9 ) 0.2 (4.7 ) f, g Inventory 1.6 1.6 3.2 c, g Prepaid expenses and other assets (13.9 ) 1.5 (12.4 ) f, g Corporate tax and other current taxes payable (9.9 ) 0.2 (9.7 ) f, g Accounts payable 2.8 - 2.8 Deferred revenues and customer prepayment (6.7 ) 0.8 (5.9 ) b, g Accrued expenses 0.7 0.3 1.0 f, g Operating lease liabilities (2.9 ) (1.1 ) (4.0 ) e, g Other long-term liabilities (0.4 ) - (0.4 ) Net cash provided by operating activities 6.2 (3.8 ) 2.4 Cash flows from investing activities: Purchases of property and equipment (11.6 ) 0.3 (11.3 ) g Acquisition of subsidiary company assets (12.5 ) 0.1 (12.4 ) g Purchases of capital software (13.8 ) 5.1 (8.7 ) a, g Net cash used in investing activities (37.9 ) 5.5 (32.4 ) Cash flows from financing activities: Proceeds from issuance of long-term debt 333.1 - 333.1 Proceeds from exercise of warrants 30.5 - 30.5 Repayments of revolver and long-term debt, including exit premium (320.6 ) - (320.6 ) Payment of debt issuance costs (9.1 ) - (9.1 ) Cash paid in connection with terminated interest rate swaps (2.1 ) - (2.1 ) Repayments of finance leases (0.6 ) - (0.6 ) Net cash (used in) provided by financing activities 31.2 - 31.2 Effect of exchange rate changes on cash 1.2 (1.7 ) (0.5 ) g Net increase in cash 0.7 - 0.7 Cash, beginning of period 47.1 - 47.1 Cash, end of period $ 47.8 $ - $ 47.8 Supplemental cash flow disclosures Cash paid during the period for interest $ 30.8 $ - $ 30.8 Cash paid during the period for income taxes $ 1.2 $ - $ 1.2 Cash paid during the period for operating leases $ 4.4 $ 2.2 $ 6.6 e Supplemental disclosure of noncash investing and financing activities Additional paid in capital from net settlement of RSUs $ (6.4 ) $ - $ (6.4 ) Property and equipment acquired through finance lease $ 2.6 $ - $ 2.6 Property and equipment transferred to inventory $ 1.3 $ - $ 1.3 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References Year Ended December 31, 2020 As Previously Restatement Restatement Reported Adjustments As Restated References Cash flows from operating activities: Net loss $ (32.4 ) $ (24.4 ) $ (56.8 ) a, b, c, d, f Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 52.3 1.3 53.6 a, b, d Amortization of right of use asset 3.6 0.9 4.5 e Stock-based compensation expense 4.8 - 4.8 Impairment of investment in equity method investee 0.7 (0.2 ) 0.5 f Impairment of goodwill and intangibles - 22.4 22.4 d Unrealized transactional currency gain/loss on senior bank debt 5.6 - 5.6 Change in fair value of warrant liability 3.2 - 3.2 Reclassification of loss on hedging instrument to comprehensive income 0.9 - 0.9 Non-cash interest expense relating to senior debt 3.4 - 3.4 Contract cost expense (7.6 ) (7.6 ) a, b Changes in assets and liabilities: Accounts receivable (2.9 ) 0.1 (2.8 ) g Inventory 1.3 0.1 1.4 g Prepaid expenses and other assets 8.8 1.9 10.7 f, g Corporate tax and other current taxes payable 6.6 0.2 6.8 f, g Accounts payable (4.8 ) 0.1 (4.7 ) g Deferred revenues and customer prepayment (5.7 ) 0.8 (4.9 ) b, g Accrued expenses 10.9 0.2 11.1 g Operating lease liabilities (2.8 ) (0.9 ) (3.7 ) e Other long-term liabilities (0.6 ) - (0.6 ) Net cash provided by operating activities 52.9 (5.1 ) 47.8 Cash flows from investing activities: Purchases of property and equipment (15.4 ) 0.1 (15.3 ) g Purchases of capital software (14.5 ) 6.1 (8.4 ) a, g Net cash used in investing activities (29.9 ) 6.2 (23.7 ) Cash flows from financing activities: Repayments of revolver and long-term debt, including exit premium (4.2 ) - (4.2 ) Payment of debt issuance costs (3.1 ) - (3.1 ) Cash paid in connection with terminated interest rate swaps - - - Repayments of finance leases (0.9 ) - (0.9 ) Net cash (used in) provided by financing activities (8.2 ) - (8.2 ) Effect of exchange rate changes on cash 3.2 (1.1 ) 2.1 g Net increase in cash 18.0 - 18.0 Cash, beginning of period 29.1 - 29.1 Cash, end of period $ 47.1 $ - $ 47.1 Supplemental cash flow disclosures Cash paid during the period for interest $ 13.3 $ - $ 13.3 Cash paid during the period for income taxes $ 0.2 $ - $ 0.2 Cash paid during the period for operating leases $ 3.3 $ 1.3 $ 4.6 e Supplemental disclosure of noncash investing and financing activities Additional paid in capital from net settlement of RSUs $ (0.7 ) $ - $ (0.7 ) Lease liabilities arising from obtaining right of use assets $ (6.8 ) $ (3.4 ) $ (10.2 ) e Adjustment to goodwill arising from adjustment to fair value of assets acquired $ (0.2 ) $ - $ (0.2 ) Property and equipment acquired through finance lease $ 1.5 $ - $ 1.5 Capitalized interest payments $ 10.6 $ - $ 10.6 Assets arising from asset retirement obligations $ 1.0 $ - $ 1.0

Acquisitions and Disposals

Acquisitions and Disposals	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions and Disposals	3. Acquisitions and Disposals In January 2022, the Company sold its Italian VLT business, including all terminal and other assets, staff costs and facilities and contracts, to a non-connected party for total proceeds of € 1.1 1.3 0.8 0.9 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 On December 31, 2021, the Company acquired 100 12.4 13.2 During the year ended December 31, 2022, as a result of revisions made to management’s preliminary assessments, the Company recognized an additional $ 0.9

Accounts Receivable, as restate

Accounts Receivable, as restated	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Accounts Receivable, as restated	4. Accounts Receivable, as restated Accounts receivable consist of the following: Schedule of Accounts Receivable December 31, 2022 December 31, 2021 (in millions) Trade receivables $ 44.6 $ 36.2 Less: long-term receivable recorded in other assets (3.0 ) (3.5 ) Finance lease receivables 0.2 0.7 Allowance for doubtful accounts (1.4 ) (1.8 ) Total accounts receivable, net $ 40.4 $ 31.6 Changes in the allowance for doubtful accounts are as follows: Schedule of Changes in Allowance for Doubtful Accounts December 31, 2022 December 31, 2021 (in millions) Beginning balance $ (1.8 ) $ (2.3 ) Additional provision for doubtful accounts (0.2 ) (0.7 ) Recoveries — 0.1 Write offs 0.4 1.1 Foreign currency translation adjustments 0.2 — Ending balance $ (1.4 ) $ (1.8 )

Inventory, as restated

Inventory, as restated	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
Inventory, as restated	5. Inventory, as restated Inventory consists of the following: Schedule of Inventory December 31, 2022 December 31, 2021 (in millions) Component parts $ 20.7 $ 9.4 Work in progress 3.6 1.6 Finished goods 6.0 4.5 Total inventories $ 30.3 $ 15.5 Component parts include parts for gaming terminals. Included in inventory are reserves for excess and slow-moving inventory of $ 2.5 2.0 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets, as restated	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses and Other Assets, as restated	6. Prepaid Expenses and Other Assets, as restated Prepaid expenses and other assets consist of the following: Schedule of Prepaid Expenses and Other Assets December 31, 2022 December 31, 2021 (in millions) Prepaid expenses and other assets $ 13.2 $ 11.5 Unbilled accounts receivable 18.0 17.4 Corporate tax and other current taxes receivable — 0.3 Total prepaid expenses and other assets $ 31.2 $ 29.2

Property and Equipment, net, as

Property and Equipment, net, as restated	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment, net, as restated	7. Property and Equipment, net, as restated Schedule of Property and Equipment December 31, 2022 December 31, 2021 (in millions) Short-term leasehold property $ 3.1 $ 3.2 Server based gaming terminals 168.1 178.8 Computer equipment 10.9 10.6 Plant and machinery 3.9 4.1 Property and equipment, gross 186.0 196.7 Less: accumulated depreciation and amortization (140.9 ) (145.8 ) Property and equipment, net $ 45.1 $ 50.9 Depreciation expense amounted to $ 21.5 25.9 29.9

Software Development Costs, net

Software Development Costs, net, as restated	12 Months Ended
	Dec. 31, 2022
Research and Development [Abstract]
Software Development Costs, net, as restated	8. Software Development Costs, net, as restated Software development costs, net consisted of the following: Schedule of Software Development Costs December 31, 2022 December 31, 2021 (in millions) Software development costs $ 125.2 $ 128.9 Less: accumulated amortization (106.9 ) (109.3 ) Software development Costs, net $ 18.3 $ 19.6 During the years ended December 31, 2022 and 2021, the Company capitalized $ 10.8 8.8 1.3 1.1 The total amount of software costs amortized was $ 9.5 15.7 15.2 0.4 0.2 0.0 3.9 3.4 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The estimated software amortization expense for the years ending December 31 are as follows: Schedule of Estimated Software Amortization Expense Year ending December 31, (in millions) 2023 $ 6.1 2024 2.8 2025 1.6 2026 0.3 2027 — Thereafter — Total $ 10.8

Intangible Assets and Goodwill,

Intangible Assets and Goodwill, as restated	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill, as restated	9. Intangible Assets and Goodwill, as restated On October 1, 2019, the Company’s subsidiary, Inspired Gaming (UK) Limited, completed the acquisition of the Gaming Technology Group of Novomatic UK Ltd. pursuant to the Share Purchase Agreement, dated as of June 11, 2019 (the “SPA”), comprising: (i) all of the outstanding equity interests of each of (a) Astra Games Ltd, (b) Bell-Fruit Group Limited, (c) Gamestec Leisure Limited, (d) Harlequin Gaming Limited, and (e) Playnation Limited, and (ii) 60% of the outstanding equity interests of Innov8 Gaming Limited (“Innov8”, and together with the entities described in clause (i) and certain of their subsidiaries, the “Acquired Businesses” and the transactions contemplated by the SPA, the “NTG Acquisition”). The consideration for the NTG Acquisition totaled approximately €107.0 million ($116.6 million) in cash. The excess of the purchase price over the fair value of the net assets acquired has been recorded as goodwill in the amount of €26.1 million at the close of the acquisition, with €15.1 million of goodwill allocated to the Acquired Businesses reporting unit and the remaining goodwill amounts allocated to existing reporting units As part of the acquisition of the Acquired Businesses, the Company obtained the rights to certain customer relationship and trademarks intangible assets. During the first quarter of 2020, as a result of the COVID-19 pandemic and all venues offering land-based gaming, including our products, were closed for an indeterminate period of time in the jurisdictions in which we operate through governmental mandate, the Company concluded these triggering events could indicate possible impairment of its goodwill and indefinite-lived intangible assets in the Server Based Gaming and Acquired Businesses reporting units. The Company performed a quantitative and qualitative impairment analysis and determined that goodwill within the Acquired Businesses reporting unit was fully impaired. In addition, the Company determined that all its asset groups within Server Based Gaming and Acquired businesses had a triggering event. As a result, the Company performed a recoverability test and determined all asset groups were recoverable under the undiscounted cash flow recoverability test other than Playnation. As a result, step 2 was performed and resulted in a $ 1.3 0.5 22.4 The impairment analysis required management to make estimates about future operating results, valuation multiples and discount rates and assumptions based on historical data and consideration of future market conditions. Changes in the assumptions can materially affect these estimates. Given the uncertainty inherent in any projection, actual results may differ from the estimates and assumptions used, or conditions may change, which could result in additional impairment charges in the future. Such impairments could be material. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The following tables present certain information regarding our intangible assets. Amortizable intangible assets are being amortized on a straight-line basis over their estimated useful lives of ten to thirteen years with no estimated residual values, which materially approximates the expected pattern of use. Schedule of Intangible Assets December 31, 2022 December 31, 2021 (in millions) Trademarks $ 19.4 $ 21.6 Customer relationships 28.7 31.5 Intangible assets, gross 48.1 53.1 Less: accumulated amortization (33.5 ) (35.7 ) Intangible assets, net $ 14.6 $ 17.4 Aggregate intangible asset amortization expense amounted to $ 1.5 0.7 2.3 The estimated intangible asset amortization expense for the years ending December 31 are as follows: Schedule of Estimated Intangible Asset Amortization Expense Year ending December 31, (in millions) 2023 $ 1.6 2024 1.6 2025 1.6 2026 1.6 2027 1.5 Thereafter 6.7 Total $ 14.6 Goodwill Goodwill is summarized as follows: Schedule of Goodwill December 31, 2022 December 31, 2021 (in millions) Balance at beginning of period, gross $ 82.7 $ 83.5 Accumulated goodwill impairment losses (20.5 ) (-20.5 ) Balance at beginning of period, net 62.2 63.0 Foreign currency translation adjustments (-6.7 ) (0.8 ) Ending balance, net $ 55.5 $ 62.2 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020

Other Assets, as restated

Other Assets, as restated	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets, as restated	10. Other Assets, as restated Other assets consist of the following: Schedule of Other Assets December 31, 2022 December 31, 2021 (in millions) Long term finance lease receivable $ 0.6 $ 0.3 Pension asset — 3.0 Long term receivables 3.0 3.5 Long term prepaid expenses and other assets 0.2 0.1 Total $ 3.8 $ 6.9

Accrued Expenses, as restated

Accrued Expenses, as restated	12 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
Accrued Expenses, as restated	11. Accrued Expenses, as restated Accrued expenses consist of the following: Schedule of Accrued Expenses December 31, 2022 December 31, 2021 (in millions) Payroll and related costs $ 10.3 $ 8.1 Cost of sales including inventory 9.2 12.6 Non-current asset costs 2.2 0.7 Interest payable - cash 1.8 2.0 Selling, general and administrative costs 2.0 2.5 Tax and professional fees 1.7 2.8 Asset retirement obligations and other property related costs 1.5 3.5 Other creditors 0.3 0.7 Accrued expenses, net $ 29.0 $ 32.9 The analysis of the prior year expenses has been recharacterized to ensure consistency with the current year categorization. The recharacterization has no impact on the previously reported total accrued expenses as of December 31, 2021.

Contract Liabilities and Other

Contract Liabilities and Other Disclosures, as restated	12 Months Ended
	Dec. 31, 2022
Contract Liabilities And Other Disclosures As Restated
Contract Liabilities and Other Disclosures, as restated	12. Contract Liabilities and Other Disclosures, as restated The following table summarizes contract related balances: Schedule of Contract Related Balances Accounts Unbilled Deferred Customer (in millions) At December 31, 2022 $ 44.6 $ 18.0 $ (7.4 ) $ (2.4 ) At December 31, 2021 $ 36.2 $ 17.4 $ (12.2 ) $ (3.9 ) At December 31, 2020 $ 30.2 $ 8.7 $ (19.8 ) $ (1.6 ) Unbilled accounts receivable are a form of contract asset and primarily result from revenue being recognized when or as control of a solution or service is transferred to the customer, but where invoicing is contingent upon the completion of other performance obligations or payment terms differ from the provisioning of services. The current portion of unbilled accounts receivable is reported within prepaid expenses and other current assets in the consolidated balance sheet, and the non-current portion is included in other assets. Contract liabilities (deferred income and customer prepayments and deposits) primarily relate to consideration received from customers in advance of delivery of the related goods and services to the customer. Contract balances are reported in a net contract asset or liability position on a contract-by-contract basis at the end of each reporting period. Revenue recognized that was included in the deferred income balance at the beginning of the period amounted to $ 7.0 10.2 8.8 For the year ended December 31, 2022 and 2021 there was no significant amounts of revenue recognized as a result of changes in contract transaction price related to performance obligations that were satisfied in the respective prior periods. The Company capitalizes certain costs incurred in obtaining or fulfilling a customer contract. The following table summarizes amounts capitalized on the Consolidated Balance Sheets at December 31, 2022 and 2021, net of accumulated amortization. Schedule of Customer Contract December 31, 2022 December 31, 2021 (in millions) Costs to obtain contracts with customers, net $ 0.4 $ 1.0 Customer contract fulfillment costs, net 6.6 6.7 Total costs of obtaining and fulfilling customer contracts, net $ 7.0 $ 7.7 Amortization of capitalized contract costs was $ 7.0 6.4 6.2 no INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Transaction Price Allocated to Remaining Performance Obligations At December 31, 2022, the transaction price allocated to unsatisfied performance obligations for contracts expected to be greater than one year, or performance obligations for which we do not have a right to consideration from the customer in the amount that corresponds to the value to the customer for our performance completed to date, variable consideration which is not accounted for in accordance with the sales-based or usage-based royalties guidance, or contracts which are not wholly unperformed, is approximately $ 31.9 51 44 5

Other Liabilities

Other Liabilities	12 Months Ended
	Dec. 31, 2022
Other Liabilities Disclosure [Abstract]
Other Liabilities	13. Other Liabilities Other liabilities consist of the following: Schedule of Other Liabilities December 31, 2022 December 31, 2021 (in millions) Customer prepayments and deposits $ 2.4 $ 3.9 Foreign exchange contract liabilities 0.2 — Total other liabilities, current 2.6 3.9 Asset retirement obligations 1.1 1.8 Other creditors 0.8 1.3 Pension liability 2.1 — Total other liabilities, long-term 4.0 3.1 Total other liabilities $ 6.6 $ 7.0

Long Term and Other Debt

Long Term and Other Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Long Term and Other Debt	14. Long Term and Other Debt Senior Secured Notes On May 20, 2021, Inspired Entertainment (Financing) PLC, a wholly owned subsidiary of the Company, issued £ 235.0 282.9 7.875 7.875 June 1, 2026. The Senior Secured Notes and related guarantees were issued under an indenture (the “Indenture”), among Inspired Entertainment (Financing) PLC, as issuer, the Company and certain English and U.S. subsidiaries of the Company, as guarantors (collectively and together with the Company, the “Guarantors”), GLAS Trustees Limited, as trustee, GLAS Trust Corporation Limited, as security agent and GLAS Trust Company LLC as paying agent, transfer agent and registrar. The terms of the Senior Secured Notes and related guarantees are governed by the Indenture. The Senior Secured Notes are fully and unconditionally guaranteed on a senior secured first-priority basis by the Guarantors on a joint and several basis. The Senior Secured Notes and related guarantees are secured, subject to certain permitted collateral liens, on a first-priority basis by substantially all assets of the Guarantors and all claims of the Inspired Entertainment (Financing) PLC under an intercompany loan to Gaming Acquisitions Limited, a private limited liability company incorporated under the laws of England and Wales and an indirect wholly-owned subsidiary of the Company (“GAL”), of the proceeds of the offering of the Senior Secured Notes. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The Indenture contains incurrence covenants that limit the ability of the Company and the Company’s restricted subsidiaries to, among other things, (i) incur or guarantee additional debt and issue certain preferred stock of restricted subsidiaries; (ii) create or incur certain liens; (iii) make restricted payments, including dividends or distributions to the Company’s stockholders or repurchase the Company’s stock; (iv) prepay or redeem subordinated debt; (v) make certain investments, including participating joint ventures; (vi) create encumbrances or restrictions on the payment of dividends or other distributions by restricted subsidiaries; (vii) sell assets, or consolidate or merge with or into other companies; (viii) sell or transfer all or substantially all of the Company’s assets or those of the Company’s subsidiaries on a consolidated basis; (ix) engage in certain transactions with affiliates; and (x) create unrestricted subsidiaries. Certain of these covenants will be suspended if and for so long as the Senior Secured Notes have investment grade ratings from any two of Moody’s Investors Service, Inc., Standard & Poor’s Investors Ratings Services and Fitch Ratings, Inc. These covenants are subject to exceptions and qualifications as set forth in the Indenture. Inspired Entertainment (Financing) PLC may redeem the Senior Secured Notes, in whole or in part, at any time and from time to time prior to June 1, 2023, at a redemption price equal to 100% of the principal amount thereof, plus a “make-whole” premium as set forth in the Indenture and form of the Senior Secured Notes, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. Inspired Entertainment (Financing) PLC may also redeem the Senior Secured Notes, in whole or in part, at any time and from time to time on or after June 1, 2023, at the redemption prices set forth in the Indenture and form of the Senior Secured Notes, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. In addition, at any time prior to June 1, 2023, Inspired Entertainment (Financing) PLC may redeem up to 40% of the original aggregate principal amount of the Senior Secured Notes with the net cash proceeds of one or more equity offerings, as described in the Indenture, at a redemption price equal to 107.875% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. At any time prior to June 1, 2023, Inspired Entertainment (Financing) PLC may redeem up to 10% of the aggregate principal amount of the Senior Secured Notes within each 12-month period at a redemption price equal to 103% of the aggregate principal amount of the Senior Secured Notes, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. Revolving Credit Facility In connection with the issuance of the Senior Secured Notes on May 20, 2021, the Company and certain of our direct and indirect wholly-owned subsidiaries, entered into a Super Senior Revolving Credit Facility Agreement (the “RCF Agreement”) with Global Loan Agency Services Limited, as agent, Barclays Bank plc (“Barclays”) and Macquarie Corporate Holdings Pty Limited (UK Branch) (“Macquarie UK” and together with Barclays, the “Arrangers”) as arrangers and each lender party thereto (the “Lenders”), pursuant to which the Lenders agreed to provide, subject to certain conditions, a secured revolving facility loan in an original principal amount of £ 20 24.1 The funding of the RCF Loan is subject to customary conditions set forth in the RCF Agreement. The undrawn commitment of each Lender under the RCF Loan will automatically terminate, unless previously terminated by the Company, on October 20, 2025. The RCF Loans will bear interest at a rate per annum equal to (i) SONIA for borrowings in sterling, (ii) LIBOR (or, on and after December 31, 2021, SOFR) for borrowings in dollars, or (iii) EURIBOR for borrowings in Euro, as applicable, plus, in each case, a margin (based on the Company’s consolidated senior secured net leverage ratio) ranging from 4.25 4.75 30 The RCF Agreement contains various covenants (which include restrictions regarding the incurrence of liens, the incurrence of indebtedness by the Company’s subsidiaries and fundamental changes, subject in each case to certain exceptions), representations, warranties, limitations and events of default (which include non-payment, breach of obligations under the financing documents, cross-default, insolvency and litigation) customary for similar facilities for similarly rated borrowers and subject to customary carve-outs and grace periods. Following the occurrence of an event of default which has not been waived or remedied, the Lenders who represent more than 66.67 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The RCF Agreement requires that the Company maintain a maximum consolidated senior secured net leverage ratio of 6.25x on the test date for the relevant period ending June 30, 2021, stepping down to 6.0x on March 31, 2022, 5.75x on March 31, 2023 and 5.50x from March 31, 2024 and thereafter (the “RCF Financial Covenant”). The RCF Financial Covenant is calculated as the ratio of consolidated senior secured net debt to consolidated pro forma EBITDA (defined as net income (loss) excluding depreciation and amortization, interest expense, interest income and income tax expense) for the 12-month period preceding the relevant quarterly testing date and is tested quarterly on a rolling basis, subject to the Initial Facility (as defined in the RCF Agreement) being drawn on the relevant test date. The RCF Agreement does not include a minimum interest coverage ratio or other financial covenants. The outstanding principal amount of each advance under the RCF Loans is payable on the last day of the interest period relating to such advance, unless such advance is rolled over on a cashless basis in accordance with customary rollover provisions contained in the RCF Agreement, with a final repayment on November 20, 2025 Termination of Prior Financing The Company’s previous debt consisted of two tranches of senior secured term loans in a principal amount of £ 145.8 175.5 8.25 93.1 99.4 7.75 20.0 24.1 In connection with the issuance of the Senior Secured Notes and the entry into the RCF Agreement, on May 20, 2021, the Prior Financing was repaid in full and the senior facilities agreement (dated September 27, 2019, as amended and restated on June 25, 2020, (the “Prior SFA) see below) relating to the Prior Financing was terminated. No prepayment premium applied to the repayment (although customary break cost provisions applied). Debt fees of $ 14.4 Senior Facilities Agreement The Company’s Prior SFA (which was with Lucid Agency Services Limited, as agent, Nomura International plc and Macquarie Corporate Holdings Pty Limited (UK Branch) as arrangers and/or bookrunners) was entered into in connection with the Company’s acquisition of the Gaming Technology Group of Novomatic UK Ltd on October 1, 2019, and, provided for, subject to certain conditions, two tranches of senior secured term loans, in an original principal amount of £ 140.0 168.6 90.0 96.1 20.0 24.1 The term loan for £ 140.0 168.6 7.25 90.0 96.1 6.75 20.0 24.1 5.50 30 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The provisions from the June 2020 amendments to the Prior SFA included, among other things, (i) capitalizing certain interest payments that fell due on April 1, 2020, (ii) resetting the applicable leverage and capital expenditure financial covenants, removing certain applicable rating requirements, (iii) allowing the Company and its subsidiaries to incur additional indebtedness under the UK Coronavirus Large Business Interruption Loan Scheme under a stand-alone facility, which may rank pari passu 10.0 12.0 (A) an unlimited amount, as long as, pro forma for the utilization of such indebtedness, the consolidated total net leverage ratio does not exceed the lower of 3.4:1 and the then applicable ratio with respect to the consolidated total net leverage financial covenant summarized further below, plus (B) an amount equal to the greater of £16.0 million ($19.2 million) and 25% of the consolidated pro forma EBITDA of the Company and its subsidiaries for the relevant period (as defined, but disregarding, for the purposes of calculating the usage of such cap, any financial indebtedness applied to refinancing other financial indebtedness, together with any related interest, fees, costs and expenses), 1 0.75 0.75 In consideration for the amendments listed above, the Company agreed to pay the lenders an amendment fee equal to 1% of the Total Commitments (as defined in the Prior SFA).The amendment fee was payable to the lenders pro rata to their commitments under the Prior SFA. The modification to the Prior SFA was not considered to be substantial in accordance with Topic 470-50 and was therefore not treated as a debt extinguishment. The amendment fees, amounting to $ 3.1 1.0 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Outstanding Debt and Finance Leases The following reflects outstanding debt and finance leases as of the dates indicated below: Schedule of Outstanding Debt and Finance Leases Principal Unamortized Book value, (in millions) Senior bank debt $ 282.9 $ (5.3 ) $ 277.6 Finance lease liabilities 2.2 — 2.2 Total long-term debt outstanding 285.1 (5.3 ) 279.8 Less: current portion of long-term debt (1.0 ) — (1.0 ) Long-term debt, excluding current portion $ 284.1 $ (5.3 ) $ 278.8 Principal Unamortized Book value, (in millions) Senior bank debt $ 316.7 $ (7.7 ) $ 309.0 Finance lease liabilities 2.8 — 2.8 Total long-term debt outstanding 319.5 (7.7 ) $ 311.8 Less: current portion of long-term debt (0.9 ) — (0.9 ) Long-term debt, excluding current portion $ 318.6 $ (7.7 ) $ 310.9 The Company is in compliance with all relevant financial covenants and the long-term debt portion is correctly classified as such in line with the underlying agreements. Long term debt as of December 31, 2022 matures as follows: Schedule of Maturities of Long-term Debt Fiscal period: Senior bank Finance Total (in millions) 2023 $ — $ 1.0 $ 1.0 2024 — 0.7 0.7 2025 — 0.5 0.5 2026 282.9 — 282.9 2027 — — — Total $ 282.9 $ 2.2 $ 285.1

Derivatives and Hedging Activit

Derivatives and Hedging Activities	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Activities	15. Derivatives and Hedging Activities On January 15, 2020, the Company entered into two interest rate swaps with UBS AG designed to protect the Company against adverse fluctuations in interest rates by reducing its exposure to variability in cash flows on a portion of the previous floating rate debt facilities. The swaps fixed the variable interest rate of the debt facilities and provided protection over potential interest rate increases by providing a fixed rate of interest payment in return. The interest rate swaps were for £ 95.0 114.4 0.9255 60.0 64.1 0.102 In connection with the issuance of the Senior Secured Notes and the entry into the RCF Agreement, on May 19, 2021, the Company terminated its two interest rate swaps. The termination fees were settled on May 20, 2021, for £ 1.3 1.9 0.1 0.2 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Hedges of Multiple Risks The Company’s objectives in using interest rate derivatives were to add stability to interest and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily used interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. For derivatives designated and that qualify as cash flow hedges of interest rate risk, the gain or loss on the derivative is recorded in Accumulated Other Comprehensive Income and subsequently reclassified into interest expense in the same period(s) during which the hedged transaction affects earnings. Amounts reported in Accumulated Other Comprehensive Income related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. During the next twelve months, the Company estimates that an additional $ 0.3 As of December 31, 2022 and 2021, the Company did not have any derivatives. Losses reclassified from accumulated other comprehensive income into interest expense in the consolidated statements of operations and income (loss) for the year ended December 31, 2022 amounted to $ 0.7 As of December 31, 2020, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk: Schedule of Outstanding Derivatives Designated as Cash Flow Hedges Interest Rate Derivative Number of Notional Interest rate swaps 2 £ 95.0 114.4 0.9255 60.0 64.1 0.102 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The table below presents the effect of fair value and cash flow hedge accounting on accumulated other comprehensive income for the year ended December 31, 2021. Schedule of Accumulated Other Comprehensive Income Amount of Gain/(Loss) Location of Gain/(Loss) (in millions) (in millions) Interest Rate Products $ 0.3 Interest Expense $ (1.5 ) Total $ 0.3 $ (1.5 ) The table below presents the effect of fair value and cash flow hedge accounting on accumulated other comprehensive income for the year ended December 31, 2020. Amount of Gain/(Loss) Location of Gain/(Loss) (in millions) (in millions) Interest Rate Products $ (2.9 ) Interest Expense $ (1.5 ) Total $ (2.9 ) $ (1.5 ) The table below presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations for the year ended December 31, 2021. Schedule of Consolidated Statements of Operations Interest (in millions) Total amounts of income and expense line items presented in the statement of operations and comprehensive loss in which the effects of fair value or cash flow hedges are recorded $ 39.8 Gain/(loss) on cash flow hedging relationships in Subtopic 815-20 $ (1.5 ) The table below presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations for the year ended December 31, 2020. Interest (in millions) Total amounts of income and expense line items presented in the statement of operations and comprehensive loss in which the effects of fair value or cash flow hedges are recorded $ 36.1 Gain/(loss) on cash flow hedging relationships in Subtopic 815-20 $ (1.5 ) INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020

Fair Value Measurements, as res

Fair Value Measurements, as restated	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements, as restated	16. Fair Value Measurements, as restated Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset and liability in an orderly transaction between market participants at the measurement date. We estimate the fair value of our assets and liabilities utilizing an established three-level hierarchy. The hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date as follows: Level 1: Quoted prices in active markets for identical assets or liabilities. Level 2: Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets with insufficient volume or infrequent transactions (less active markets), or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated with observable market data for substantially the full term of the assets or liabilities. Level 2 inputs also include non-binding market consensus prices that can be corroborated with observable market data, as well as quoted prices that were adjusted for security-specific restrictions. Level 3: Unobservable inputs that are supported by little or no market activity that are significant to the fair value of the asset or liability. Level 3 inputs also include non-binding market consensus prices or non-binding broker quotes that are unable to be corroborated with observable market data. The fair value of our financial assets and liabilities is determined by reference to market data and other valuation techniques as appropriate. We believe the fair value of our financial instruments approximates their recorded values. For each period, derivative financial instrument assets and liabilities measured at fair value on a recurring basis are included in the financial statements as per the table below. Schedule of Derivative Financial Instrument Assets and Liabilities Measured at Fair Value on Recurring Basis Level December 31, 2022 December 31, 2021 (in millions) Long term receivable (included in other assets) 2 $ 3.0 $ 3.5 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The fair value of our long-term senior debt as of December 31, 2022, was $ 261.0 Level 3 liabilities are valued using unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the derivative liabilities. For fair value measurements categorized within Level 3 of the fair value hierarchy, the Company’s principal financial officer, who reports to the principal executive officer, determines its valuation policies and procedures. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s Principal Financial Officer and approved by the Principal Executive Officer. At December 31, 2022 and December 31, 2021, there were no Level 3 inputs, and no transfers in or out of Level 3 from other levels in the fair value hierarchy. Assets Measured on a Nonrecurring Basis Assets that are measured at fair value on a nonrecurring basis are remeasured when carrying value exceeds fair value. This includes the evaluation of long-lived assets, goodwill and other intangible assets for impairment. The Company’s estimates of fair value required it to use significant unobservable inputs, representative of Level 3 fair value measurements, including numerous assumptions with respect to future circumstances that might directly impact each of the relevant asset groups’ operations in the future and are therefore uncertain. The carrying value of the assets after any impairment approximates fair value. In accordance with ASC 360, Property, Plant, and Equipment Intangibles – Goodwill and Other During the first quarter of 2020, the Company recorded $ 20.5 1.3 0.5 Intangible Asssets and Goodwill

Stockholders_ Deficit

Stockholders’ Deficit	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Stockholders’ Deficit	17. Stockholders’ Deficit Preferred Stock The Company is authorized to issue 1,000,000 0.0001 no INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Common Stock The Company is authorized to issue 49,000,000 0.0001 Holders of the Company’s common stock are entitled to one vote for each common share. Warrants As of December 31, 2020, the Company had 19,079,130 9,539,565 7,999,900 11,079,230 11.50 As of December 31, 2020, the warrants met the definition of a derivative under ASC 815 and were classified as a liability measured at fair value, with changes in fair value each period reported in earnings. During the year ending December 31, 2021, (i) an aggregate of 2,651,129 5,302,258 1,027,836 9,049,230

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	18. Stock-Based Compensation The Company’s stock-based compensation plans authorize awards of restricted stock units (“RSUs”), stock options and other equity-related awards. The Company’s 2021 Omnibus Incentive Plan (“2021 Plan”) was adopted by the Company’s Board of Directors on April 12, 2021 and approved by our stockholders on May 11, 2021. The 2021 Plan succeeds the Company’s 2018 Omnibus Incentive Plan (the “2018 Plan”) such that shares subject to the 2018 Plan’s unused reserve (e.g., as a result of termination or forfeiture of awards) are instead rolled over to the 2021 Plan. The Company has two other predecessor plans, the 2016 Long-Term Incentive Plan and the Second Long-Term Incentive Plan (collectively, the “Prior Plans”), whose available balances were terminated in connection with approval of the 2018 Plan. Although outstanding awards under the Prior Plans remain governed by the terms of the Prior Plans, no new awards may be granted or become available for grant under the Prior Plans. As of December 31, 2022, there were (i) 1,857,036 341,647 232,500 311,558 259,492 174,964 25,000 124,964 1,318,686 1,002,805 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The Company also has an employee stock purchase plan (“ESPP”) that authorizes the issuance of up to an aggregate of 500,000 76,000 4,000 72,000 The offering period approved in 2022 for the ESPP is for a period of twelve months (ending in October 2023), eligible employees may contribute up to 10 1,000 85 10.20 350 85 11.53 As of December 31, 2022, a total of 467,751 7,649 3.2215 no A summary of the Company’s RSU activity is as follows: Schedule of Restricted Stock Unit Activity Number of Weighted Average Unvested Outstanding at January 1, 2022 2,039,254 $ 8.60 Granted (1) 543,178 $ 14.36 Forfeited (55,198 ) $ (11.06 ) Vested (2) (879,690 ) $ (7.18 ) Unvested Outstanding at December 31, 2022 1,647,544 $ 11.11 (1) The RSUs that were granted during the year ended December 31, 2022 included: (a) 48,716 450,882 (2) The RSUs that vested during the year ended December 31, 2022 included: (a) 119,492 that are subject to deferred settlement terms; and (b) 682,474 374,546 307,928 374,546 42,319 332,227 The Company issued a total of 543,294 442,817 The weighted average grant date fair value of awards granted for years ended December 31, 2022, December 31, 2021 and December 31, 2020 amounted to $ 14.36 10.15 4.13 10.8 16.1 2.5 There was no income tax benefit recognized related to awards that vested during the years ended December 31, 2022, 2021, and 2020 ’s deferred tax asset Stock-based compensation is recognized as an expense over the requisite service period, which is generally the vesting period. For performance awards that are contingent upon the Company achieving certain pre-determined financial performance targets, compensation expense is calculated based on the number of shares expected to vest after assessing the probability that the performance criteria will be met. Determining the probability of achieving a performance target requires estimates and judgment. For market-based awards that are contingent upon the Company’s stock achieving certain pre-determined price targets, compensation expense is calculated based upon the determination of the fair value of the awards as derived through multiple running of the Monte Carlo valuation model, with the fair value recognized on a straight-line basis over the requisite service period. The requisite service period for awards to employees is generally satisfied over a vesting period of three years (and one year for non-employee directors). The Company accounts for forfeitures as they occur. For stock purchase rights under the Company’s ESPP (including its subplan), the Company estimates fair value using the Black-Scholes option pricing model on the dates of grant, with the compensation expense recognized over the requisite service period. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The Company recognized stock-based compensation expense as follows: Schedule of Stock Based Compensation Expense Year Ended Year Ended Year Ended (in millions) Restricted Stock and RSUs $ 10.1 $ 11.9 $ 4.6 Payroll taxes on vesting of RSUs 0.7 1.1 0.2 $ 10.8 $ 13.0 $ 4.8 Total unrecognized compensation expense related to unvested stock awards and unvested RSUs at December 31, 2022 amounts to $ 8.8 1.6

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss (Income), as restated	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Accumulated Other Comprehensive Loss (Income), as restated	19. Accumulated Other Comprehensive Loss (Income), as restated The accumulated balances for each classification of comprehensive loss (income) are presented below: Schedule of Accumulated Other Comprehensive Loss (Income) Foreign Currency Translation Adjustments Change in Fair Value of Hedging Instrument Unrecognized Pension Benefit Costs Accumulated Other Comprehensive (Income) (in millions) Balance at January 1, 2020 $ (76.5 ) $ 1.4 $ 30.0 $ (45.1 ) Change during the period 5.7 1.4 7.2 14.3 Balance at December 31, 2020 (70.8 ) 2.8 37.2 (30.8 ) Change during the period (0.7 ) (1.8 ) (10.5 ) (13.0 ) Balance at December 31, 2021 (71.5 ) 1.0 26.7 (43.8 ) Change during the period (12.7 ) (0.7 ) 6.4 (7.0 ) Balance at December 31, 2022 $ (84.2 ) $ 0.3 $ 33.1 $ (50.8 ) Included within accumulated other comprehensive income is an amount of $ 0.3

Net Income (Loss) per Share, as

Net Income (Loss) per Share, as restated	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Net Income (Loss) per Share, as restated	20. Net Income (Loss) per Share, as restated Basic income/loss per share (“EPS”) is computed by dividing net income/loss attributable to common stockholders by the weighted average number of common shares outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted EPS gives effect to all dilutive potential shares of common stock outstanding during the period, including stock options, restricted stock, RSUs and warrants, using the treasury stock method, and convertible debt or convertible preferred stock, using the if-converted method, unless the inclusion would be anti-dilutive. The computation of diluted EPS excludes the common stock equivalents of the following potentially dilutive securities because they were either contingently issuable shares or because their inclusion would be anti-dilutive: Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share Year Ended Year Ended Year Ended RSUs 382,500 2,039,254 2,051,956 Unvested Restricted Stock — — 624,116 Stock Warrants — — 9,539,565 Anti-dilutive securities 382,500 2,039,254 12,215,637 The following table reconciles the numerators and denominators of the basic and diluted EPS computations for the year ended December 31, 2022. There were no reconciling items for the years ended December 31, 2021 or December 31, 2020, respectively. Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations Income (Numerator) Shares (Denominator) Per-Share Amount, December 31, 2022 (in millions) Basic EPS Income available to common stockholders $ 20.6 28,049,918 $ 0.73 Effect of Dilutive Securities RSUs 1,042,937 (0.02 ) Diluted EPS Income available to common stockholders $ 20.6 $ 29,092,855 $ 0.71 The calculation of Basic EPS includes the effects of 1,703,142 1,583,650 1,373,022 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020

Repurchase of Common Stock

Repurchase of Common Stock	12 Months Ended
	Dec. 31, 2022
Repurchase Of Common Stock
Repurchase of Common Stock	21. Repurchase of Common Stock On May 10, 2022, the Board of Directors authorized the Company to use up to $ 25.0 During the year ended December 31, 2022, the Company repurchased 1,067,340 10.4 14.6 Refer Part II, Item 5 of this report for further details regarding shares repurchased during the three months ended December 31, 2022.

Other Finance (Expense) Income

Other Finance (Expense) Income	12 Months Ended
	Dec. 31, 2022
Other Income and Expenses [Abstract]
Other Finance (Expense) Income	22. Other Finance (Expense) Income Other finance (expense) income consisted of the following: Schedule of Other Finance Income (expense) Year Ended Year Ended Year Ended (in millions) Pension interest cost $ (2.2 ) $ (1.7 ) $ (2.2 ) Expected return on pension plan assets 3.3 2.8 3.1 Foreign currency translation on senior bank debt — 4.6 (5.6 ) Other finance income (Costs) $ 1.1 $ 5.7 $ (4.7 )

Income Taxes, as restated

Income Taxes, as restated	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes, as restated	23. Income Taxes, as restated The effective tax rates for the years ended December 31, 2022, 2021 and 2020 were 9.2% 3.8% 0.6% The components of earnings (loss) before income taxes on the Company’s consolidated statement of operations by the United States and foreign jurisdictions were as follows: Schedule of Earnings (Loss) Before Income Tax Year Ended December 31, 2022 Year Ended December 31, 2021 Year Ended December 31, 2020 (in millions) United States $ (8.1 ) $ (13.5 ) $ (14.4 ) Foreign jurisdictions 30.8 (28.7 ) (42.0 ) Total earnings (loss) before income taxes $ 22.7 $ (42.2 ) $ (56.4 ) Income tax provision (benefit), as reflected in the Company’s consolidated statement of operations, consists of the following: Schedule of Provision for Income Taxes Year Ended December 31, 2022 Year Ended December 31, 2021 Year Ended December 31, 2020 (in millions) Current provision (benefit) Federal $ 0.7 $ — $ — State — — — Foreign 1.4 (1.6 ) 0.4 Total current $ 2.1 $ (1.6 ) $ 0.4 Year Ended Year Ended Year Ended (in millions) Deferred provision (benefit) Federal $ — $ — $ — State — — — Foreign — — — Total deferred $ — $ — $ — INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The differences between the federal statutory tax rate and our effective rate are reflected in the following table for the years ended December 31, 2022, 2021 and 2020: Schedule of Differences Between the Federal Statutory Tax Rate and our Effective Rate December 31, 2022 December 31, 2021 December 31, 2020 (in millions) Statutory income tax 21.0 % 21.0 % 21.0 % State taxes (net of federal) 0.4 % 0.0 % 0.0 % Non-deductible officers’ compensation 7.5 % (4.9 )% 0.0 % Global intangible low-taxed income 33.1 % 0.0 % 0.0 % Goodwill impairment 0.0 % 0.0 % (9.0 )% Other permanent differences 0.3 % (2.2 )% (2.8 )% Effect of rates different than statutory (2.2 )% (0.7 )% 0.3 % Non-creditable withholding taxes 4.7 % 0.0 % 0.0 % Foreign tax true ups (0.1 )% 4.2 % 0.1 % Research and development tax credits (1.2 )% 0.3 % 0.0 % Change in valuation allowance (54.3 )% (13.9 )% (10.2 )% Effective income tax rate 9.2 % 3.8 % (0.6 )% The net deferred tax assets and liabilities arising from temporary differences are as follows: Schedule of Deferred Tax Assets and Liabilities December 31, 2022 December 31, 2021 (in millions) Depreciation $ 52.3 $ 71.4 Net operating losses 23.4 30.9 Other temporary differences 2.5 1.8 Intangible Assets 4.8 5.0 Right of Use Liability 4.1 5.1 Total gross deferred tax assets 87.1 114.2 Valuation allowance balance (83.1 ) (109.2 ) Gross deferred tax assets 4.0 5.0 Intangible assets — — Other temporary differences — — Right of Use Asset (4.0 ) (5.0 ) Gross deferred tax liabilities (4.0 ) (5.0 ) Net deferred tax assets $ — $ — Changes in the valuation allowance are as follows: Schedule of Changes in the Valuation Allowance December 31, 2022 December 31, 2021 (in millions) Beginning balance $ 109.2 $ 79.8 (Decrease) increase (26.1 ) 29.4 Reversal of allowance — — Ending balance $ 83.1 $ 109.2 As of December 31, 2022 and 2021, the Company has $ 3.8 36.6 58.4 As of December 31, 2022 and 2021, the Company also has gross net operating losses in foreign jurisdictions, primarily the United Kingdom, totaling $ 82.2 84.7 The Company recorded a valuation allowance against all of our deferred tax assets as of both December 31, 2022, and December 31, 2021. We intend to continue maintaining a full valuation allowance on our deferred tax assets until there is sufficient evidence to support the reversal of all or some portion of these allowances. However, given our current earnings and anticipated future earnings, we believe that there is a reasonable possibility that within the next 12 months, sufficient positive evidence may become available to allow us to reach a conclusion that a significant portion of the valuation allowance will no longer be needed. Release of the valuation allowance would result in the recognition of certain deferred tax assets and a decrease to income tax expense for the period the release is recorded. However, the exact timing and amount of the valuation allowance release are subject to change on the basis of the level of profitability that we are able to actually achieve. The valuation allowance we recorded as of December 31, 2022 and December 31, 2021 was $ 83.1 109.2 The Company has not recognized deferred tax liabilities in respect of unremitted earnings that are considered indefinitely reinvested in foreign subsidiaries. We do not provide for taxes on our undistributed earnings of foreign subsidiaries that have not been previously taxed because we intend to invest such undistributed earnings indefinitely outside of the United States. Currently, there are no federal, state or foreign jurisdiction tax audits pending. The Company’s corporate federal and state tax returns from 2019 to 2021 remain subject to examination by tax authorities and the Company’s foreign tax returns from 2014 to 2021 remain subject to examination by tax authorities. In accordance with ASC 740, the Company has evaluated its tax positions to determine if there are any uncertain tax positions. As of December 31, 2021 and 2022, the Company has no INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020

Related Parties

Related Parties	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Parties	24. Related Parties Macquarie Corporate Holdings Pty Limited (UK Branch) (“Macquarie UK”), (an arranger and lending party under our RCF Agreement), and Macquarie Capital (Europe) Limited (“Macquarie EUR”), (an arranger and initial purchaser of our Senior Secured Notes), are affiliates of MIHI LLC, which beneficially owned approximately 11.7 11.4 0.0 0.9 2.2 0.6 5.5 0.3 3.1 5 HG Vora Special Opportunities Master Fund Limited (“HG Vora”) (a purchaser of our Senior Secured Notes issued on May 20, 2021) was a significant stockholder until October 12, 2021. Interest expense payable to HG Vora while a related party for the year ended December 31, 2021 amounted to $ 1.7 On December 31, 2021, the Company entered into a consultancy agreement with Richard Weil, the brother of A. Lorne Weil, our Executive Chairman, under which he received a success fee in the amount of $ 0.1 10,000 0.1 We incurred certain offering expenses in connection with an underwritten public offering of shares held by a significant stockholder, the Landgame Trust, which closed on June 1, 2021, as to which our expenses were reimbursed by the stockholder. For the year ended December 31, 2021, the aggregate amount invoiced for reimbursement was $ 0.2 6,217,628 810,995 9.25 0.4625 870,468 113,539 The Company held a 40 0.6 0.2 0.7 Nil

Leases, as restated

Leases, as restated	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases, as restated	25. Leases, as restated The Company as Lessee The Company is party to operating leases with third parties with respect to various real estate and vehicle assets. Both real estate and vehicle leases typically include a lease (of the property or vehicle) and a non-lease (provision of services) component which are accounted for separately. Payment terms are typically fixed, however, certain leases may contain various provisions for increases in rental rates based either on changes in a specific price index (such as the published Consumer Price Index CPI), a predetermined escalation schedule or rate, or as a percentage of sales. Such variable lease payments are recognized as lease expense as they are incurred. We initially measure the present value of the lease payments using the index at the lease commencement date. Additional payments based on the future subsequent change in an index or rate, or payments based on a change in our portion of the operating expenses, including real estate taxes and insurance, are recorded when incurred as variable payments. The lease term begins on the commencement date, which is the date the Company takes possession of the property. The Company’s lease terms may include options to extend or terminate the lease. These options to extend or terminate are assessed on a lease-by-lease basis, and the ROU assets and lease liabilities are adjusted when it is reasonably certain that the option to extend or terminate will be exercised. The lease term is used to determine lease classification as an operating or finance lease and is used to calculate straight-line expense for operating leases. The operating leases have remaining terms of 1 10 During the years to December 31, 2021 and 2020, certain concessions were granted with respect to the Company’s operating leases in light of Covid-19. These took the form of lease extensions, where nothing was paid for a period of time with that same period of time and payments added onto the lease at the end, payment holidays, where payments were deferred until a later date, but with no lease extension, and discounted payments, where payments were reduced and not repaid either at a later date or through lease extensions. The Company elected to use the practical expedient granted by the FASB and account for the concessions as if they were part of the enforceable rights and obligations of the parties under the existing lease contract for all affected operating leases. Lease extensions and discounted payments were accounted using the ‘cash basis’ approach, with the lease liability and right-of-use asset continuing to be accounted for as if payments were still being made under the original terms of the lease. Payment holidays were accounted for using the ‘remeasurement consistent with resolving a contingency’ approach, which involved remeasuring the liability and the right-of-use asset and continuing to recognize the total cost of the lease on a straight line basis over the period to which it relates. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The Company is also party to finance leases with third parties with respect to gaming machines. The leases have remaining terms of between 24 36 The components of lease expense were as follows: Schedule of Lease Expense Year Ended Year Ended Year Ended (in millions) Finance lease costs: Depreciation $ 0.9 $ 0.5 $ 0.1 Interest 0.2 0.2 0.1 Operating lease costs 5.8 6.4 5.8 Short-term lease costs 1.2 1.3 1.5 Variable lease costs 2.5 1.0 0.1 Total $ 10.6 $ 9.4 $ 7.6 December 31, 2022 December 31, 2021 Weighted average remaining lease term – finance leases 29.8 39.1 Weighted average remaining lease term – operating leases 68.1 74.0 Weighted average discount rate – finance leases 9.0 % 8.9 % Weighted average discount rate – operating leases 8.7 % 8.6 % Assets leased under finance leases had a cost of $ 2.3 4.2 1.2 0.6 Future minimum finance lease payments as of December 31, 2022 were as follows: Schedule of Future Minimum Finance Lease Payments Year ending December 31, (in millions) 2023 $ 1.2 2024 0.9 2025 0.5 2026 — 2027 — Thereafter — Total future minimum lease payments 2.6 Less: imputed interest (0.4 ) Total $ 2.2 Future minimum operating lease payments as of December 31, 2022 were as follows: Schedule of Future Minimum Operating Lease Payments Year ending December 31, (in millions) 2023 $ 4.6 2024 4.2 2025 3.1 2026 2.6 2027 1.3 Thereafter 5.9 Total future minimum lease payments 21.7 Less: imputed interest (5.5 ) Total $ 16.2 The Company as Lessor Certain of our arrangements include leases for equipment installed at customer locations. As the lessor, we combine lease and non-lease components for all classes of underlying assets in arrangements that involve operating leases. The single combined component is accounted for under ASC 606, Revenue from Contracts with Customers Leases Lease income from operating leases and from sales type leases is not material for any of the years presented. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	26. Commitments and Contingencies Employment Agreements We are party to employment agreements with our executive officers and other employees of the Company and our subsidiaries which contain, among other terms, provisions relating to severance and notice requirements. Legal Matters From time to time, the Company may become involved in lawsuits and legal matters arising in the ordinary course of business. While the Company believes that, currently, it has no such matters that are material, there can be no assurance that existing or new matters arising in the ordinary course of business will not have a material adverse effect on the Company’s business, financial condition or results of operations.

Pension Plan, as restated

Pension Plan, as restated	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Pension Plan, as restated	27. Pension Plan, as restated We operate a defined contribution plan in the US and both defined benefit and defined contribution pension schemes in the UK. The defined contribution scheme assets are held separately from those of the Company in an independently administered fund. The defined contribution pension cost charge represents contributions payable by the Company and amounted to $ 2.9 2.4 2.3 1.2 0.8 The defined benefit scheme has been closed to new entrants since April 1, 1999 and closed to future accruals for services rendered to the Company for the entire financial statement periods presented in these consolidated financial statements. Retirement benefits are generally based on a portion of an employee’s pensionable earnings during years prior to 2010. The latest triennial actuarial valuation of the scheme as at March 31, 2021 was finalized in June 2022. The actuarial valuation revealed that the statutory funding objective was not met, i.e. there were insufficient assets to cover the Scheme’s Technical Provisions and there was a funding shortfall of £ 8.2 9.9 it was agreed that the shortfall will be met by contributions of £0.9 million ($1.1 million) for each the years ended December 31 2021, 2022, 2023 and 2024, of £0.7 million ($0.8 million) for the year ended December 31, 2025 and of £0.5 million ($0.6 million) for the period January 1, 2026 to October 31, 2026. 0.3 0.4 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The trustee has made an allowance for the pension scheme liability profile when deciding the investment strategy of the pension scheme. Since the pension scheme is closed to new entrants and ceased future accrual with effect from March 31, 2010, it has continued to mature gradually. Therefore, the trustee reviews the investment strategy regularly to check whether any changes are needed. When considering the investment strategy, the trustee has taken into account the effect of any possible increases in the deficit reduction contributions on the financial position of the Company, and the extent to which the Company will be able to bear these changes. The scheme’s investment policy is to maximize long-term financial return commensurate with security and minimizing risk, with an objective of achieving a return of around 3% per annum above the return on UK Government bonds. This is achieved by holding a portfolio of marketable investments that avoids over-concentration of investment and spreads assets both over industries and geographies. In setting investment strategy, the trustees considered the lowest risk strategy that they could adopt in relation to the scheme’s liabilities and designed an asset allocation to achieve a higher return while maintaining a cautious approach to meeting the scheme’s liabilities. The trustees undertake periodic reviews of the investment strategy and take advice from their investment advisors. They consider a full range of asset classes, the risks and rewards of a range of alternative asset allocation strategies, the suitability of each asset class and the need for appropriate diversification. The current strategy is to hold 12% in a diversified growth fund, 24% in diversified credit, 18% in a equity-linked liability-driven investment funds, 6% in credit-linked liability-driven investment funds and 40% in a buy-in policy The Company recognizes gains or losses on pension settlements if the cost of the settlements exceeds the sum of service and interest cost for the year. Lump-sum settlements are monitored at the end of every quarter to determine whether settlement amounts have exceeded the defined thresholds. In instances where the Company determines that it is probable that the lump settlements could exceed the sum of interest and service cost for the year, the Company accounts for the settlements as they occur. Our pension benefit costs are calculated using various actuarial assumptions and methodologies. These assumptions include discount rates, inflation, expected returns on plan assets, mortality rates and other factors. The assumptions used in recording the obligations under our plans represent our best estimates, and we believe that they are reasonable, based on information as to historical experience and performance as well as other factors that might cause future expectations to differ from past trends. Differences in actual experience or changes in assumptions may affect our pension obligations and future expense. The principal factors contributing to actuarial gains and losses each year are (1) changes in the discount rate used to value pension benefit obligations as of the measurement date and (2) differences between the expected and the actual return on plan assets. Our valuation methodologies used for pension assets measured at fair value are as follows. There have been no changes in the methodologies used at December 31, 2022 and December 31, 2021. The diversified fund is valued at fair value by using the net asset value (“NAV”) of shares held by the plan at the year end. The NAV of the diversified fund is not publicly quoted. The majority of the underlying securities have observable Level 1 or 2 pricing inputs, including quoted prices for similar assets in active or non-active markets.. ASC 820 states that where NAV is allowed to be used as an estimate of fair value, if the reporting entity has the ability to redeem its investment at NAV as of the measurement date, that investment shall be categorized as a Level II fair value measurement. If the investment cannot be redeemed at the measurement date, but may be redeemable in the future, but at an uncertain date, the investment shall be categorized as a Level 3 fair value measurement. As of December 31, 2022 and December 31, 2021, the diversified fund was redeemable at NAV as of the measurement dates. With respect to the buy-in contract, it was agreed during the year ended September 27, 2014, that 281 pensioners of the plan would be insured by means of a pensioner buy-in. The pensioner buy-in contract is similar to an annuity contract, which matches cash flows with future benefit payments for a specific group of pensioners, with the obligation remaining with the plan. The liabilities and assets in respect of insured pensioners are assumed to match for the purposes of ASC 715, Pensions - Retirement Benefits, disclosures (i.e. the full benefits have been insured). The approach adopted has therefore been to include within the total value of assets, an amount equal to the fair value of the buy-in assets and to set the buy-in portion of the total liability (pension benefit obligation) equal to the fair value of the buy-in based on the actuarial assumptions adopted for ASC 715 purposes at each measurement date. The buy-in contract is valued on an insurer pricing basis, reflecting assumptions on the purchase price adjusted for changes in discount rates and other actuarial assumptions, which approximates fair value and is, therefore, classified as Level 3. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The following table sets forth the combined funded status of the pension plans and their reconciliation to the related amounts recognized in our consolidated financial statements at the respective measurement dates: Schedule of Pension Plans and their Reconciliation December 31, 2022 December 31, 2021 (in millions) Change in benefit obligation: Benefit obligation at beginning of period $ 122.7 $ 134.6 Interest cost 2.2 1.7 Actuarial (gain) loss (39.0 ) (8.6 ) Benefits paid (3.5 ) (3.5 ) Foreign currency translation adjustments (11.2 ) (1.5 ) Benefit obligation at end of period $ 71.2 $ 122.7 Change in plan assets: Fair value of plan assets at beginning of period $ 125.7 $ 125.5 Actual (loss) gain on plan assets (42.4 ) 3.8 Employer contributions 1.4 1.5 Benefits paid (3.5 ) (3.5 ) Foreign currency translation adjustments (12.1 ) (1.6 ) Fair value of assets at end of period $ 69.1 $ 125.7 Amount recognized in the consolidated balance sheets: (Unfunded) Overfunded status (non-current) $ (2.1 ) $ 3.0 Net amount recognized $ (2.1 ) $ 3.0 The following table presents the components of our net periodic pension (benefit) cost: Schedule of Defined Benefit Plans Year Ended Year Ended Year Ended (in millions) Components of net periodic pension (benefit) cost: Interest cost $ 2.2 $ 1.7 $ 2.2 Expected return on plan assets (3.3 ) (2.8 ) (3.1 ) Amortization of net loss 0.5 0.9 0.6 Net periodic (benefit) cost $ (0.6 ) $ (0.2 ) $ (0.3 ) The accumulated benefit obligation for all defined benefit pension plans was $ 71.2 122.7 (2.1) 3.0 The estimated net loss, net transition asset (obligation) and prior service cost for the plan that will be amortized from accumulated other comprehensive income into net periodic pension cost over the next fiscal year are $ 0.9 nil nil The fair value of the plan assets at December 31, 2022 by asset category is presented below: Schedule of Fair Value of Plan Assets Level 1 Level 2 Level 3 Total (in millions) Diversified fund $ — $ 40.7 $ — $ 40.7 Buy-in contract — — 28.1 28.1 Cash and other current assets 0.3 — — 0.3 Total $ 0.3 $ 40.7 $ 28.1 $ 69.1 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The fair value of the plan assets at December 31, 2021 by asset category is presented below: Level 1 Level 2 Level 3 Total (in millions) Diversified fund $ — $ 79.1 $ — $ 79.1 Buy-in contract — — 46.1 46.1 Cash 0.5 — — 0.5 Total $ 0.5 $ 79.1 $ 46.1 $ 125.7 The table below presents the weighted-average actuarial assumptions used to determine the benefit obligation and net periodic benefit cost for the Plan. Schedule of Benefit Obligation and Net Periodic Benefit Cost for Plan December 31, 2022 December 31, 2021 Discount rate 5.00 % 2.00 % Expected return on assets 5.70 % 3.00 % RPI inflation 3.13 % 3.25 % CPI inflation – pre 2030 2.13 % 2.25 % CPI inflation – post 2030 2.93 % 3.05 % Pension increases – pre-2006 service 2.90 % 3.15 % Pension increases – post-2006 service 1.89 % 2.20 % Pension increases – post 1988 GMP – pre 2030 1.83 % 2.10 % Pension increases – post 1988 GMP – post 2030 2.21 % 2.60 % The following benefit payments are expected to be paid: Schedule of Benefit Payments are Expected to Be Paid (in millions) 2023 $ 3.2 2024 $ 2.8 2025 $ 3.2 2026 $ 3.3 2027 $ 3.6 2028 to 2032 $ 20.5

Segment Reporting and Geographi

Segment Reporting and Geographic Information, as restated	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Reporting and Geographic Information, as restated	28. Segment Reporting and Geographic Information, as restated Operating segments are identified as components of an enterprise for which separate and discrete financial information is available and is used by the chief operating decision maker, or decision-making group, in making decisions on how to allocate resources and assess performance. The Company’s chief decision-maker is the Office of the Executive Chairman. The Company’s chief decision-maker reviews financial information presented on a consolidated basis, accompanied by disaggregated information about revenue and operating profit by reporting unit. This information is used for purposes of allocating resources and evaluating financial performance. The Company operates its business along four operating segments, which are segregated on the basis of revenue stream: Gaming, Virtual Sports, Interactive and Leisure. The Company believes this method of segment reporting reflects both the way its business segments are managed and the way the performance of each segment is evaluated. The accounting policies of the segments are the same as those described in the “Summary of Significant Accounting Policies.” INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The following tables present revenue, cost of sales, excluding depreciation and amortization, selling, general and administrative expenses, depreciation and amortization, stock-based compensation expense and acquisition related transaction expenses, operating profit/(loss), total assets and total capital expenditures for the years ended December 31, 2022, December 31, 2021 and December 31, 2020, respectively, by business segment. Certain unallocated corporate function costs have not been allocated to the Company’s reportable operating segments because these costs are not allocable and to do so would not be practical. Corporate function costs consist primarily of selling, general and administrative expenses, depreciation and amortization, capital expenditures, right of use assets, cash, prepaid expenses and property and equipment and software development costs relating to corporate/shared functions. All acquisition and integration related transaction expenses are allocated as corporate function costs. Segment Information Schedule of Segment Reporting Information by Segment Year Ended December 31, 2022 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 80.4 $ 54.2 $ 20.6 $ 93.2 $ — $ 248.4 Product sales 30.9 — — 2.3 — 33.2 Total revenue 111.3 54.2 20.6 95.5 — 281.6 Cost of sales, excluding depreciation and amortization: Cost of service (23.7 ) (1.8 ) (1.3 ) (44.6 ) — (71.4 ) Cost of product sales (20.4 ) — — (1.5 ) — (21.9 ) Selling, general and administrative expenses (23.8 ) (8.0 ) (8.0 ) (25.4 ) (25.9 ) (91.1 ) Stock-based compensation expense (1.6 ) (0.7 ) (0.7 ) (0.6 ) (7.2 ) (10.8 ) Acquisition and integration related transaction expenses — — — — (0.5 ) (0.5 ) Depreciation and amortization (19.6 ) (2.7 ) (2.0 ) (13.5 ) (2.1 ) (39.9 ) Segment operating income (loss) 22.2 41.0 8.6 9.9 (35.7 ) 46.0 Net operating income $ 46.0 Total assets at December 31, 2022 $ 104.3 $ 56.6 $ 12.0 $ 68.3 $ 46.0 $ 287.2 Total goodwill at beginning of period (1) $ 13.0 47.2 2.0 20.5 — 82.7 Accumulated goodwill impairment losses (2) — — — (20.5 ) — (20.5 ) Total goodwill at beginning of period, net 13.0 47.2 2.0 — — 62.2 Foreign currency translation adjustments (1.4 ) (5.1 ) (0.2 ) — — (6.7 ) Total goodwill at December 31, 2022, net $ 11.6 $ 42.1 $ 1.8 $ — $ — $ 55.5 Total capital expenditures for the year ended December 31, 2022 $ 13.1 $ 1.7 $ 3.2 $ 10.9 $ 3.6 $ 32.5 Year Ended December 31, 2021 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 58.8 $ 35.0 $ 20.7 $ 65.7 $ — $ 180.2 Product sales 22.6 — — 3.0 — 25.6 Total revenue 81.4 35.0 20.7 68.7 — 205.8 Cost of sales, excluding depreciation and amortization: Cost of service (17.3 ) (1.2 ) (1.8 ) (31.5 ) — (51.8 ) Cost of product sales (15.0 ) — — (2.8 ) — (17.8 ) Selling, general and administrative expenses (22.4 ) (7.7 ) (6.8 ) (19.5 ) (20.9 ) (77.3 ) Stock-based compensation expense (1.8 ) (0.8 ) (0.6 ) (0.6 ) (9.2 ) (13.0 ) Acquisition and integration related transaction expenses — — — — (1.6 ) (1.6 ) Depreciation and amortization (24.6 ) (3.8 ) (2.7 ) (15.9 ) (1.8 ) (48.8 ) Segment operating income (loss) 0.3 21.5 8.8 (1.6 ) (33.5 ) (4.5 ) Net operating loss $ (4.5 ) Total assets at December 31, 2021 $ 95.9 $ 59.1 $ 9.3 $ 72.5 $ 71.9 $ 308.7 Total goodwill at beginning of period (1) $ 13.2 $ 47.8 $ 2.0 $ 20.5 $ — $ 83.5 Accumulated goodwill impairment losses (2) — — — (20.5 ) — (20.5 ) Total goodwill at beginning of period, net 13.2 47.8 2.0 — — 63.0 Foreign currency translation adjustments (0.2 ) (0.6 ) — — — (0.8 ) Total goodwill at December 31, 2021, net $ 13.0 $ 47.2 $ 2.0 $ — — $ 62.2 Total capital expenditures for the year ended December 31, 2021 $ 8.7 $ 2.1 $ 2.4 $ 8.8 $ 1.4 $ 23.4 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Year Ended December 31, 2020 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 92.2 $ 31.4 $ 12.2 $ 40.8 $ — $ 176.6 Product sales 18.9 — — 2.8 — 21.7 Total revenue 111.1 31.4 12.2 43.6 — 198.3 Cost of sales, excluding depreciation and amortization: Cost of service (21.9 ) (2.2 ) (1.5 ) (20.3 ) — (45.9 ) Cost of product sales (13.0 ) — — (2.0 ) — (15.0 ) Selling, general and administrative expenses (16.9 ) (5.4 ) (4.0 ) (20.1 ) (21.2 ) (67.6 ) Stock-based compensation expense (0.8 ) (0.4 ) (0.3 ) (0.1 ) (3.2 ) (4.8 ) Acquisition and integration related transaction expenses — — — — (7.0 ) (7.0 ) Depreciation and amortization (29.5 ) (3.9 ) (1.6 ) (16.8 ) (1.8 ) (53.6 ) Impairment of goodwill and other intangible assets — — — (22.4 ) — (22.4 ) Segment operating income (loss) 29.0 19.5 4.8 (38.1 ) (33.2 ) (18.0 ) Net operating loss $ (18.0 ) Total capital expenditures for the year ended December 31, 2020 $ 5.9 $ 3.1 $ 1.5 $ 8.7 $ 4.9 $ 24.1 (1) As a result of the October 1, 2019 acquisition of the Acquired Businesses, the Company recognized £ 26.1 Intangibles—Goodwill and Other—Goodwill 9.6 1.4 (2) During the first quarter of 2020, as a result of a triggering event caused by the impacts of the COVID-19 pandemic, we completed a qualitative and quantitative impairment analysis and determined that goodwill within the Acquired Businesses (now Leisure) reporting unit was fully impaired. Refer to Note 9, “Intangible Assets and Goodwill” for more information. Geographic Information Geographic information for revenue is set forth below: Schedule of Geographic Information Year Ended Year Ended Year Ended (in millions) Total revenue UK $ 208.6 $ 148.6 $ 151.9 Greece 22.4 18.2 16.8 Rest of world 50.6 39.0 29.6 Total $ 281.6 $ 205.8 $ 198.3 Total revenue $ 281.6 $ 205.8 $ 198.3 UK revenue includes revenue from customers headquartered in the UK, but whose revenue is generated globally. Geographic information of our non-current assets excluding goodwill is set forth below: December 31, 2022 December 31, 2021 (in millions) UK $ 82.7 $ 91.4 Greece 5.8 11.7 Rest of world 16.3 19.3 Total $ 104.8 $ 122.4 Total non- current assets excluding goodwill $ 104.8 $ 122.4 Software development costs are included as attributable to the market in which they are utilized.

Customer Concentration, as rest

Customer Concentration, as restated	12 Months Ended
	Dec. 31, 2022
Risks and Uncertainties [Abstract]
Customer Concentration, as restated	29. Customer Concentration, as restated During the year ended December 31, 2022, one customer represented at least 10% of revenues, accounting for 13 10 21 At December 31, 2022, there was one customer that represented at least 10% of the Company’s accounts receivable, accounting for 24 10

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	30. Subsequent Events The Company evaluates subsequent events and transactions that occur after the balance sheet date up to the date that the financial statements were issued. The Company did not identify subsequent events that would have required adjustment or disclosure in the consolidated financial statements.

Nature of Operations, Managem_2

Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies, as restated (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Company Description and Nature of Operations	Company Description and Nature of Operations We are a global gaming technology company, supplying content, platform, gaming terminals and other products and services to online and land-based regulated lottery, betting and gaming operators worldwide through a broad range of distribution channels, predominantly on a business-to-business basis. We provide end-to-end digital gaming solutions (i) on our own proprietary and secure network, which accommodates a wide range of devices, including land-based gaming machine terminals, mobile devices and online computer applications and (ii) through third party networks. Our content and other products can be found through the consumer-facing portals of our interactive customers and, through our land-based customers, in licensed betting offices, adult gaming centers, pubs, bingo halls, airports, motorway service areas and leisure parks.
Management Liquidity Plans	Management Liquidity Plans As of December 31, 2022, the Company’s cash on hand was $ 25.0 27.0 20.6 40.6 56.8 6.6 28.8 29.9 10.8 13.0 4.8 0.0 0.9 3.2 22.4 24.7 2.4 47.8 52.0 4.6 There have been no COVID-19 restrictions in the United Kingdom since July 2021 and social distancing measures throughout Greece and Italy are no longer in force as of the second quarter of 2022. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Principles of Consolidation	Principles of Consolidation All monetary values set forth in these consolidated financial statements are in US Dollars (“USD”) unless otherwise stated herein. The accompanying consolidated financial statements include the results of the Company and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Foreign Currency Translation	Foreign Currency Translation For most of our operations, the British pound (“GBP”) is our functional currency. Our reporting currency is the USD. We also have operations where the local currency is the functional currency, including our operations in mainland Europe and North America. Assets and liabilities of foreign operations are translated at period-end rates of exchange, equity is translated at historical rates of exchange and results of operations are translated at the average rates of exchange for the period. Gains or losses resulting from translating the foreign currency financial statements are recorded as a separate component of accumulated other comprehensive income in stockholders’ deficit. Gains or losses resulting from foreign currency transactions are included in Selling, general and administrative expenses, Interest expense, net and Other finance (expense) income in the Consolidated Statement of Operations and Comprehensive Income (Loss).
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, management evaluates these estimates, including those related to the revenue recognition for contracts involving software and non-software elements, allowance for doubtful accounts, inventory reserve for net realizable value, currency swaps, valuation of hedging activities, goodwill and intangible assets, useful lives of long-lived assets, stock-based compensation, valuation allowances on deferred taxes, warrant liability, pension liability, commitments and contingencies and litigation, among others. Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. We regularly evaluate these significant factors and make adjustments when facts and circumstances dictate. Actual results may differ from these estimates. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020
Cash	Cash We deposit cash with financial institutions that management believes are of high credit quality. Substantially all of the Company’s cash is held outside of the U.S. Included within the cash balance of $ 25.0 2.5
Accounts Receivable	Accounts Receivable Accounts receivable are recorded at the invoiced amount and do not bear interest. Our standard credit terms are net 30 to 60 days. The allowance for doubtful accounts is our best estimate of the amount of probable credit losses in our existing accounts receivable. Changes in circumstances relating to the collectability of accounts receivable may result in the need to increase or decrease our allowance for doubtful accounts in the future. We determine the allowance based on historical experience, current market trends, and our customers’ financial condition. We continually review our allowance for doubtful accounts. Past due balances and other higher risk amounts are reviewed individually for collectability. Account balances are charged against the allowance after all collection efforts have been exhausted and the potential for recovery is considered remote. Under certain contracts, the timing of our invoices does not coincide with revenue recognized under the contract. We have unbilled accounts receivable which represent revenue recorded in excess of amounts invoiced under the contract and generally become billable at contractually specified dates. These amounts consist primarily of revenue from our share of net winnings earned on a daily basis where the billing period does not fall on the last day of the period. We had $ 18.0 17.4
Inventories	Inventories Inventories consist primarily of component parts and related parts used in gaming terminals. Inventories are stated at the lower of cost or net realizable value, using the first-in-first-out method. We determine the lower of cost or net realizable value of our inventory based on estimates of potentially excess or obsolete inventories after considering historical and forecasted demand and average selling prices. Demand for gaming terminals and parts inventory is also subject to technological obsolescence. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost, and when placed into service, depreciated and amortized to their residual values using the straight-line method over the estimated useful lives of the related assets as follows: Schedule of Property and Equipment Estimated Useful Lives Leasehold property Shorter of the useful life or the life of the lease Server based gaming terminals 2 7 Plant and machinery and fixtures and fittings 3 10 Computer equipment 3 5 Our policy is to periodically review the estimated useful lives of our fixed assets. We also assess the recoverability of long-lived assets (or asset groups) whenever events or changes in circumstances indicate that the carrying amount of such an asset (or asset groups) may not be recoverable. Repairs and maintenance costs are expensed as incurred. Upon retirement or sale, the cost of assets disposed and the related accumulated depreciation are written off and any resulting gain or loss is credited or charged to income. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020
Software Development Costs	Software Development Costs Research and development costs, which primarily consist of employee compensation costs and exclude costs relating to non-project time, leave and absence, are expensed as incurred, except for software product development costs that are eligible for capitalization, as described below. Total research and development costs amounted to $ 18.3 13.8 15.1 6.9 5.9 5.2 2.9 1.7 2.6 8.5 6.2 7.3 We capitalize certain eligible costs incurred to develop internal-use software as well as external use software to be used in the products we sell, lease or market to customers. We account for costs incurred to develop internal use software, including software developed to deliver our cloud-based offerings to customers, in accordance with Accounting Standards Codification (“ASC”) 350-40, Internal Use Software. Consequently, certain direct costs incurred during the application development stages are capitalized while all other related costs are expensed as incurred. Once the software is substantially complete and ready for its intended use, we amortize the capitalized internal use software costs over their estimated economic useful life, which ranges from two to five years. Amortization of such costs is included in Depreciation and amortization in the Consolidated Statement of Operations and Comprehensive Income (Loss). We purchase, license and incur costs to develop external use software to be used in the products we sell, lease or license to customers. Such costs are capitalized under ASC 985-20, Costs of Software to Be Sold, Leased, or Marketed. Costs incurred in developing such software are expensed when incurred as research and development costs until technological feasibility has been established, after which costs are capitalized up to the date the software is available for general release to customers. We capitalize the payments made for software that we purchase or license for use in our products that has previously met the technological feasibility criteria prior to our purchase or license. Once available for general release, capitalized external use software development costs are amortized over the estimated economic life, which ranges from two to five years. Amortization of such costs is included in Depreciation and amortization in the Consolidated Statement of Operations and Comprehensive Income (Loss).
Goodwill and Other Acquired Intangible Assets	Goodwill and Other Acquired Intangible Assets Our principal acquired intangible assets relate to goodwill, trademarks and customer relationships. Goodwill represents the excess purchase price over the fair value of the identifiable net assets acquired in a business combination. Trademarks and customer relationships were originally recorded at their fair values in connection with business combinations and increased in 2021 due to the acquisition of 100 Goodwill and other intangible assets with indefinite useful lives are not amortized, but instead are tested for impairment at least annually. Intangible assets with finite lives are amortized on a straight-line basis over three to thirteen years to their estimated residual values and reviewed for impairment. Factors considered when assigning useful lives include legal, regulatory and contractual provisions, product obsolescence, demand, competition and other economic factors.
Impairment of Goodwill and Long-Lived Assets	Impairment of Goodwill and Long-Lived Assets We test for goodwill impairment at least annually on the last day of our fiscal period, and whenever other facts and circumstances indicate that the carrying value may not be recoverable. For goodwill impairment evaluations, we first make a qualitative assessment to determine if goodwill is likely to be impaired. If it is more-likely-than-not that a reporting unit’s fair value is less than its carrying value, we then compare the fair value of the reporting unit to its respective carrying amount. Goodwill is carried, and therefore tested, at the reporting unit level. As of December 31, 2022 we have five reporting units, Virtual Sports, Interactive, Leisure, and two reporting units within our Gaming segment. If the fair value of the reporting unit is less than its carrying amount, the amount of the impairment loss, if any, will be measured by comparing the implied fair value of goodwill to its carrying amount and would be charged to operations as an impairment loss. During the first quarter of 2020, due to the COVID-19 pandemic, the Company performed a qualitative and quantitative impairment analysis and subsequently recorded an impairment of $ 20.5 million to goodwill. As of December 31, 2022, 2021, and 2020 management determined there were no new indicators of impairment and concluded that no further impairment was required at any of these dates. We assess the recoverability of long-lived assets and intangible assets with finite useful lives whenever events arise or circumstances change that indicate the carrying amount of an asset may not be recoverable. Recoverability of long-lived assets (or asset groups) to be held and used is measured by a comparison of the carrying amount of the asset (or asset group) to the expected net future undiscounted cash flows to be generated by that asset (or asset group) or, for identifiable intangibles with finite useful lives, by determining whether the amortization of the intangible asset balance over its remaining life can be recovered through expected net future undiscounted cash flows. The amount of impairment of other long-lived assets and intangible assets with finite lives is measured by the amount by which the carrying amount of the asset exceeds the fair market value of the asset. During the first quarter of 2020, due to the COVID-19 pandemic, the Company determined the conditions of the pandemic could indicate possible impairment of its intangible assets and performed a qualitative and quantitative analysis. The Company determined that customer relationships and trademarks intangible assets within its Playnation asset group were fully impaired. As a result, an impairment of $ 1.3 0.5 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020
Equity Method Investment	Equity Method Investment For investments in entities over which the Company exercises significant influence, but which do not meet the requirements for consolidation, the Company uses the equity method of accounting. On October 1, 2019, the Company acquired a 40 0.7 The Company evaluates its equity method investments for impairment whenever events or changes in circumstances indicate that the carrying amounts of such investment may not be recoverable. The difference between the carrying value of the equity method investment and its estimated fair value is recognized as an impairment charge when the loss in value is deemed other-than-temporary. Since April 2020, the Company has had no equity method investments and has therefore recognized no impairments.
Deferred Revenue and Deferred Cost of Sales	Deferred Revenue and Deferred Cost of Sales Deferred revenue arises from the timing differences between the shipment or installation of gaming terminals and systems products and the satisfaction of all revenue recognition criteria consistent with our revenue recognition policy, as well as prepayment of contracts which are recognized ratably over a service period, such as maintenance or licensing fees. Deferred cost of sales, recorded as prepaid expenses and other assets, consists of the direct costs associated with the manufacture of gaming equipment and systems products for which revenue has been deferred. Amounts expected to be recognized as revenue within the 12 months following the balance sheet date are classified as deferred revenue in current liabilities. Amounts not expected to be recognized as revenue within the 12 months following the balance sheet date are classified as deferred revenue, net of current portion.
Debt Issuance Costs	Debt Issuance Costs Debt issuance costs incurred in connection with the Company’s debt are capitalized and amortized as interest expense over the term of the related debt. The Company presents debt issuance costs as a reduction from the carrying amount of debt. Only costs that are wholly attributable to obtaining the related debt finance are treated as debt issuance costs. Any other costs are expensed to the Consolidated Statement of Operations and Comprehensive Income (Loss) as part of Acquisition and integration related transaction expenses.
Value Added Tax	Value Added Tax The Company is subject to Value Added Tax (“VAT”) in some locations. The amount of VAT liability is determined by applying the applicable tax rate to the invoiced amount of goods and services sold less VAT paid on purchases made with the relevant supporting invoices. VAT is collected from customers by the Company on behalf of the tax authorities and is therefore not charged to the Consolidated Statement of Operations and Comprehensive Income (Loss).
Common Stock Purchase Warrants and Derivative Financial Instruments	Common Stock Purchase Warrants and Derivative Financial Instruments The Company reviews any common stock purchase warrants and other freestanding derivative financial instruments at each balance sheet date and classifies them on the consolidated balance sheet as: a) Equity if they (i) require physical settlement (full or net-share settlement), or (ii) gives the Company a choice of net-cash settlement or physical settlement in its own shares (full or net shares), or b) Assets or liabilities if they (i) require net-cash settlement (including a requirement to net cash settle the contract if an event occurs and if that event is outside the Company’s control), or (ii) give the counterparty a choice of net-cash settlement or settlement in shares (full physical settlement or net-share settlement). INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 At each reporting date, the Company determines whether a change in classification between assets and liabilities is required. During the year ending December 31, 2021, (i) an aggregate of 2,651,129 5,302,258 1,027,836 9,049,230 no At December 31, 2020, the Company considered that the warrants did not meet the criteria for equity classification and must be recorded as liabilities. As the warrants met the definition of a derivative as contemplated in ASC 815, the warrants were measured at fair value at inception and at each reporting date in accordance with ASC 820, Fair Value Measurement, with changes in fair value recognized in the Consolidated Statements of Operations and Comprehensive Income (Loss) in the period of change. From time to time we enter into foreign currency forward contracts to mitigate the risk associated with cash payments required to be made in non-functional currencies or to mitigate the risk associated with cash to be received in non-functional currencies.
Accounting Policy for Derivative Instruments and Hedging Activities	Accounting Policy for Derivative Instruments and Hedging Activities FASB ASC 815, Derivatives and Hedging (“ASC 815”), provides the disclosure requirements for derivatives and hedging activities with the intent to provide users of financial statements with an enhanced understanding of: (a) how and why an entity uses derivative instruments, (b) how the entity accounts for derivative instruments and related hedged items, and (c) how derivative instruments and related hedged items affect an entity’s financial position, financial performance, and cash flows. Further, qualitative disclosures are required that explain the Company’s objectives and strategies for using derivatives, as well as quantitative disclosures about the fair value of and gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative instruments. As required by ASC 815, the Company records all derivatives on the balance sheet at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge or the earnings effect of the hedged forecasted transactions in a cash flow hedge. The Company may enter into derivative contracts that are intended to economically hedge certain of its risk, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. In accordance with the FASB’s fair value measurement guidance in ASU 2011-04, “Fair Value Measurements,” the Company made an accounting policy election to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio.
Revenue Recognition	Revenue Recognition The Company evaluates the recognition of revenue and rental income based on the criteria set forth in ASC 606 or ASC 842, as appropriate. Revenue is recognized net of rebates and discounts when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Under ASC 606, a performance obligation is a promise within a contract to transfer a distinct good or service, or a series of distinct goods and services, to a customer. Revenue is recognized when performance obligations are satisfied and the customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for goods or services. Under the standard, a contract’s transaction price is allocated to each distinct performance obligation. To determine revenue recognition for arrangements that the Company determines are within the scope of ASC 606, the Company performs the following five steps: 1. identify the contracts with a customer; 2. identify the performance obligations within the contract, including whether they are distinct in the context of the contract and capable of being distinct; INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 3. determine the transaction price; 4. allocate the transaction price to the performance obligations in the contract; and 5. recognize revenue when, or as, the Company satisfies each performance obligation. Step 1 – Identify the contract The Company identifies contracts with its customers when all parties have approved the contract and are committed to perform their respective obligations, when each party’s rights and the payment terms regarding the goods or services to be transferred can be identified. The contract must also have commercial substance, and it must be probable that the Company will collect the consideration to which it will be entitled. Contracts entered into at or near the same time with the same customer or related parties of the customer are accounted for as one contract if any of the following criteria are met: a. Contracts were negotiated as a single commercial package (including whether a contract would be loss-making without taking into account the consideration received under another contract) b. Consideration in one contract depends on the other contract c. Goods or services (or some of the goods or services) are a single performance obligation. Step 2 – Identify performance obligations Performance obligations are identified by considering whether a good or service is distinct. The Company considers a good or service to be distinct only when the customer can benefit from it either on its own or together with other resources that are readily available, and when the promise to transfer the good or service to the customer is separately identifiable from other promises in the contract. The Company applies the series guidance to its performance obligations where the following criteria apply: a. Each distinct good or service in the series meets the criteria to be a performance obligation satisfied over time. b. The same method would be used to measure progress toward complete satisfaction of the performance obligation to transfer each distinct good or service in the series to the customer. Step 3 – Determine the transaction price The Company considers all amounts to which it has rights in exchange for the goods or services transferred in determining the transaction price. This includes fixed and variable consideration. If the consideration promised by a customer includes a variable amount, we estimate the amount to which we expect to be entitled using either the expected value or most likely amount method. In the case where the variable consideration is in the form of usage based fees, the Company evaluates the royalties to determine whether they qualify for the sales and usage-based royalty exception, as discussed under Step 5. . The Company also considers the impact of any liquidated damages clauses or service level agreements that could result in credits or refunds to the client or incentive payments/bonuses from the customer upon achieving certain agreed-upon metrics. Incentive payments are accounted for as variable considerations when the likely amount of revenue to be recognized can be estimated to the extent that it is probable that a significant reversal of any incremental revenue will not occur. Where variable considerations relates to a performance obligation determined to be a series, variable consideration is not estimated upfront in accordance with the exception allowed by ASC 606. The Company’s contracts with customers generally do not include non-cash consideration. In determining the transaction price, the Company adjusts the promised amount of consideration for the effects of the time value of money if the payment terms are not standard and the timing of payments agreed to by the parties to the contract provide the customer or the Company with a significant benefit of financing, in which case the contract contains a significant financing component. In accordance with the practical expedient in ASC 606-10-32-18, the Company elected to not assess the existence of a significant financing component when the difference between payment and transfer of deliverables is a year or less. Invoices are generally issued as control transfers and/or as services are rendered. Our standard payment terms dictate that payment is due upon receipt of invoice, payable within 30 to 60 days. Sales taxes and all other items of a similar nature are excluded from the measurement of the transaction price and shipping and handling activities are treated as a fulfillment of our promise to transfer the goods, hence, included in cost of sales. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Step 4 – Allocate the transaction price The Company allocates the contract’s transaction price to each performance obligation based on the relative standalone selling prices of the goods or services being provided. Where a contract includes multiple performance obligations, the Company determines the standalone selling price at contract inception of the distinct good or service underlying each performance obligation in the contract and allocates the transaction price in proportion to those standalone selling prices. Where possible, the Company uses the price charged for the good or service to other customers in similar circumstances as evidence of standalone selling price. Where this is not possible, the standalone selling price is estimated by experienced management using the best available judgement considering multiple factors including, but not limited to, overall market conditions, including geographic or regional specific factors, competitive positioning, competitor actions, internal costs, profit objectives, and pricing practices. With respect to performance obligations that are considered to be a series, where appropriate and where the required criteria are met, variable consideration is allocated entirely to a distinct good or service that is part of a series. Step 5 – Recognize revenue The Company recognizes revenue over time for performance obligations that meet one of the following criteria: a. The customer simultaneously receives and consumes the benefits provided by the Company’s performance as the Company performs. b. The Company’s performance creates or enhances an asset that the customer controls as the asset is created or enhanced. c. The Company’s performance does not create an asset with an alternative use to the Company, and the Company has an enforceable right to payment for performance completed to date Revenue for the Company’s remaining performance obligations that do not meet one of the above criteria is recognized at the point at which the customer obtains control of the good or service. The Company assesses usage-based fees it receives as consideration in contracts that contain licenses of its intellectual property to determine if such fees constitute a sales- or usage-based royalty, in which case the usage-based fee is included in the contract’s transaction price as and when the usage occurs, since by that time our licensing obligations have been (or are in process of being) fulfilled. Acting as a Principal or an Agent The Company now evaluates arrangements where they may be acting as a principal or an agent. We may include subcontractor services or third-party vendor services or products in certain arrangements. In these arrangements, revenue from sales of third-party vendor services or products are recorded net of our costs when we are acting as an agent between the customer and the vendor, and gross when we are the principal for the transaction. To determine whether we are an agent or principal, we consider whether we obtain control of the services or products before they are transferred to the customer. In making this evaluation, several factors are considered, most notably whether we have primary responsibility for fulfillment to the customer, as well as inventory risk and pricing discretion. Segment Revenue The Company now has detailed evaluation of segment specific revenue recognition requirements under ASC 606 or ASC 842, as appropriate. Gaming Revenue Gaming contracts typically include multiple performance obligations such as delivery of our gaming terminals preloaded with proprietary gaming software, sever-based content, as well as services such as terminal repairs, maintenance, software updates and upgrades on an when and if available basis and content development. Consideration with respect to these performance obligations typically takes the form of a fixed price per terminal billed upfront and a usage based fee in the form of percentage of net winnings, billed in arrears (usually monthly). Transaction price is allocated to all performance obligations within a contract on the basis of their standalone selling prices. Terminal revenue is recognized at the point in time in accordance with contractual terms of each arrangement, but predominantly upon transfer of physical possession of the terminal or the lapse of customer acceptance provisions. Services such as terminal repairs, maintenance, software updates and upgrades and content development are considered stand-ready obligations; therefore, control transfers and revenue is recognized over time over the term of the service period. As the license of our intellectual property is the predominant item to which the royalty relates, variable consideration related to sales- and usage-based royalty are recognized in the period the sale or usage occurs in accordance with ASC 606-10-55-65(A). The Company also enters into arrangements that provide the customer with the right to use the terminals, wherein the Company operate as both a lessor and a content and service provider. ASC 842 provides a practical expedient that permits lessors to aggregate non-lease components (sever-based content, terminal repairs, maintenance, software updates and upgrades and content development) and the associated lease components (terminals) if certain conditions are met and account for the combined unit of accounting under either ASC 606 or ASC 842, based on the predominant characteristic in the arrangement. In contracts where we provide content and services that are identified as non-lease components as well as underlying assets that are identified as lease components and the lease is an operating lease, the content and service provided to the customer represents the most critical element of the arrangement. The Company has elected to combine the non-lease component and the lease component and account for the entire arrangement under ASC 606 based on the consideration that the content and service offering is the predominant and critical element of the contract. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Virtual Sports Revenue In Virtual Sports , the Company packages products and services in two ways: ● An on-premise solution which consists of a complex software and networking package delivered to retail betting outlets that may install and run the solution in their own environment without connection to Inspired’s platform; and ● A hosted solution capable of fulfilling the product delivery needs of the Company’s customers which includes the proprietary Virtual Plug and Play end to end online and mobile turnkey solutions and a cloud-based solution that requires an XML sportsbook integration that is fully hosted and operated by Inspired. For the on-premise solution, contracts typically include multiple performance obligations such as delivery of the software license, games and the content in addition to certain services such as software maintenance, support, updates, upgrades on an when and if available basis and content development. Consideration with respect to these performance obligations typically takes the form of a percentage of net winnings billed in arrears (usually monthly). As the license of intellectual property is the predominant item to which the royalty relates, the sales- and usage-based royalty is recognized in the period the sale or usage occurs in accordance with ASC 606-10-55-65(A). Services such as software maintenance, support, updates, upgrades on an when and if available basis and content development are considered stand-ready obligations; therefore, control transfers and revenue is recognized over time over the term of the service period. Occasionally, customer arrangements also may include licenses for which the Company bills an upfront fixed fee. Revenue from such licenses is recognized at the point in time the customer obtains the right to use the license. Upfront fees are normally billed upon signing of the relevant agreement, and become due and payable at set times thereafter. The Company also enters into arrangements to develop bespoke games on a fixed fee basis. The license to bespoke games is recognized at a point in time the customer obtains the right to use the license or when acceptance is obtained, in instances where acceptance is required. The Company has no ongoing service obligations subsequent to customer acceptance of the bespoke game, and they meet the criteria to be considered distinct. Payment for bespoke games is typically due within a number of days after delivery. For the hosted solution, the Company provides daily access to the gaming platform as well as a stand ready obligation to deliver customer support, platform maintenance, updates and upgrades. Such arrangements are accounted for as a single performance obligation composed of a series of distinct services that are substantially the same and have the same pattern of transfer (i.e., distinct days of service). Consideration with respect to these arrangements typically takes the form of usage based fees (percentage of net winnings) which is recognized as usage is incurred. These fees are billed in arrears (usually monthly) and due typically 30 days from the date of the invoice. Interactive Revenue Interactive revenue is generated from various games content made available via third party aggregation platforms integrated with Inspired’s remote gaming server or directly on the Company’s remote gaming servers platform, and services such as customer support, platform maintenance, updates and upgrades. The Company provides daily access to these platforms as well as a stand ready obligation to deliver customer support, platform maintenance, updates and upgrades, as such arrangements are accounted for as a single performance obligation composed of a series of distinct services that are substantially the same and have the same pattern of transfer (i.e., distinct days of service). Consideration with respect to these performance obligations typically takes the form of usage based fees (percentage of net win) which is recognized as usage is incurred. These fees are billed in arrears (usually monthly) and due typically 30 days from the date of the invoice. Leisure Revenue The Company jointly operate arcades within holiday resorts with the resort owners. The Company also wholly operates a number of gaming arcades within certain motorway service stations. The Leisure segment contract typically include one stand-ready performance obligation to provide managed services to pubs, holiday resorts and amusement arcades, both standalone and within motorway service stations. Managed service is an end-to-end management solution to provide a comprehensive range of gaming machine terminals, amusement machine terminals, and service of operating amusements over a term, as well as service obligations related to terminal repairs, content and maintenance, cash collections, personnel and other services. Consideration with respect to these performance obligations typically takes the form of usage based fees (percentage of net win) which is recognized as usage is incurred, with adjustments to account for the movement of income uncollected in the specific period. These fees are billed in arrears (usually monthly) and due typically 30 days from the date of the invoice. The Company also provides terminal maintenance and spares management services to third parties, including customers. Consideration with respect to this stand-ready performance obligation takes the form of either variable fees based on number of machines being serviced during a period or fixed fees per time period. These fees are billed in arrears and typically settled within 30 days. Revenue is recognized over time over the term of the service period . Costs to Obtain or Fulfill a Contract The Company now capitalizes certain contract acquisition costs that are incremental to obtaining a contract with a customer, to the extent that such costs are recoverable from the associated contract margin. Capitalized contract acquisition costs primarily consist of certain sales commissions programs paid to internal sales personnel and external advisors. The Company also capitalizes certain costs to fulfill a contract with a customer when the costs relate directly to the contract, are expected to generate resources that will be used to satisfy a future performance obligation under the contract and are expected to be recovered through revenue generated under the contract. These costs primarily consist of employee-related costs for time incurred on software development projects associated with customer contracts. Capitalized contract acquisition costs and costs to fulfill a contract are amortized on a systematics basis over the expected period of benefit which ranges from 0 to 3 years based on the contract term and pattern of transfer of the underlying goods and/or services being provided to the customer. Capitalized costs to obtain and fulfill contracts with customers are included in Costs of obtaining and fulfilling customer contracts, net, in the Consolidated Balance Sheets and amortization of such costs is included in Depreciation and amortization in the Consolidated Statement of Operations and Comprehensive Income (Loss). INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Disaggregation of revenue Information on disaggregation of revenue is included in Note 28, “Segment Reporting and Geographic Information.”
Shipping and Handling Costs	Shipping and Handling Costs Shipping and handling costs for products sales and terminals related to subscription services are included in cost of sales, excluding depreciation and amortization for all periods presented.
Share-Based Payment Arrangements	Share-Based Payment Arrangements The Company accounts for stock-based compensation in accordance with ASC 718, “Compensation - Stock Compensation” (“ASC 718”). ASC 718 requires generally that all equity awards be accounted for at their “fair value.” This fair value is measured on the grant date for stock-settled awards. Fair value is equal to the underlying value of the stock for “full-value” awards such as restricted stock and restricted stock units that have time and performance vesting conditions, restricted stock and restricted stock units that have market conditions are valued using a Monte Carlo simulation model. Costs equal to these fair values are recognized ratably over the requisite service period based on the number of awards that are expected to vest, or in the period of grant for awards that vest immediately and have no future service condition. The Company accounts for forfeitures as they occur. For awards that vest over time, previously recognized compensation cost is reversed if the service or performance conditions are not satisfied and the award is forfeited. Subsequent modifications to outstanding awards result in incremental cost if the fair value is increased as a result of the modification. The incremental cost is charged over the estimated derived service period.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Our provision for income taxes is principally based on current period income (loss), changes in deferred tax assets and liabilities and changes in estimates with regard to uncertain tax positions. We estimate current tax expense and assess temporary differences resulting from differing treatments of items for tax and accounting purposes using enacted tax rates in effect for each taxing jurisdiction in which we operate for the period in which those temporary differences are expected to be recovered or settled. These differences result in deferred tax assets and liabilities. Our total deferred tax assets are principally comprised of depreciation and net operating loss carry forwards. Significant management judgment is required to assess the likelihood that deferred tax assets will be recovered from future taxable income. In assessing the realizability of these deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. Management makes this assessment on a jurisdiction-by-jurisdiction basis considering the historical trend of taxable losses, projected future taxable income and the reversal of deferred tax liabilities. We evaluate income tax uncertainties, assess the probability of the ultimate settlement with the applicable taxing authority and records an amount based on that assessment. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense.
Comprehensive Loss	Comprehensive Loss We include and separately classify in comprehensive loss unrealized gains and losses and hedges from our foreign currency translation adjustments, gains or losses associated with pension or other post-retirement benefits, prior service costs or credits associated with pension or other post-retirement benefits and transition assets or obligations associated with pension or other post-retirement benefits. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020
Leases	Leases We determine if an arrangement is a lease at inception of the arrangement. Once it is determined that an arrangement is, or contains, a lease, that determination should only be reassessed if the legal arrangement is modified. Changes to assumptions such as market-based factors do not trigger a reassessment. Determining whether a contract contains a lease requires judgement. In general, arrangements are considered to be a lease when all of the following apply: ● it conveys the right to control the use of an identified asset for a period of time in exchange for consideration; ● we have substantially all economic benefits from the use of the asset; and ● we can direct the use of the identified asset. The terms of a lease arrangement determine how a lease is classified and the resulting income statement recognition. When the terms of a lease effectively transfer control of the underlying asset, the lease represents an in substance financed purchase (sale) of an asset and the lease is classified as a finance lease by the lessee and a sales-type lease by the lessor. When a lease does not effectively transfer control of the underlying asset to the lessee, but the lessor obtains a guarantee for the value of the asset from a third party, the lessor would classify a lease as a direct financing lease. All other leases are classified as operating leases. Where a lease contains more than one component, the consideration in the contract is allocated on a relative standalone price basis to the separate lease components and the non-lease components. Leases – the Company as lessee Lease assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available on the date that we adopted Topic 842, or the commencement date, if later, in determining the present value of future payments. The lease ROU asset includes any lease payment made and initial direct costs incurred. Our operating lease terms may include options to extend or terminate the lease which are included in the measurement of the ROU assets and lease liabilities when it is reasonably certain that we will exercise that option. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The lease expense for minimum operating lease payments is recognized on a straight-line basis over the lease term. Finance lease assets are amortized straight-line over their useful life where the lease transfers ownership of the underlying asset, or to the earlier of the end of the useful life of the asset and the end of the lease term where ownership is not transferred. Interest on finance leases is recognized as the amount that results in a constant periodic discount rate on the remaining balance of the liability. We have operating lease agreements with lease and non-lease components. The Company did not make the election to treat the lease and non-lease components as a single component and considers the non-lease components as a separate unit of account. The Company has elected not to apply the recognition requirements of ASC 842 to short-term operating leases. We recognize the lease payments for short-term leases on a straight-line basis over the lease term and variable lease payments in the period in which the obligation for those payments is incurred. Leases – the Company as lessor The Company’s lease arrangements are a mixture of sales-type leases and operating leases. Sales-type lease receivables are recognized based on the net investment in the lease, at the present value of future minimum lease payments receivable over the lease term, plus any guaranteed residual value of the underlying asset, at the commencement date. The discount rate used in determining the present value of the future minimum lease payments is the rate implicit in the lease. This is calculated using the fair value of the underlying asset and the present value of any unguaranteed residual value. The underlying asset is derecognized at the point of inception and a selling profit is recognized at lease commencement. Subsequent interest income is recognized over the term of the lease, at an amount that produces a constant periodic discount rate on the remaining balance of the net investment in the lease. For operating leases, we continue to recognize the underlying asset. Lease income is recognized on a straight-line basis over the lease term. INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020
Recently Issued Accounting Standards	Recently Issued Accounting Standards In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). In November 2018, the FASB issued ASU 2018-19, “Codification Improvements to Topic 326, Financial Instruments - Credit Losses” (“ASU 2018-19”) and in November 2019, the FASB issued ASU 2019-11, “Codification Improvements to Topic 326, Financial Instruments - Credit Losses” (“ASU 2019-11”). ASU 2016-13 affects loans, debt securities, trade receivables, and any other financial assets that have the contractual right to receive cash. ASU 2016-13 requires an entity to recognize expected credit losses rather than incurred losses for financial assets. The guidance will be effective beginning on January 1, 2023, including interim periods within that year and requires a modified retrospective transition approach through a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. Under the modified retrospective method of adoption, prior year reported results are not restated. We have evaluated the effect of this guidance and the adoption of ASU 2016-13 is not expected to have a material impact on the Company’s financial statement presentation or disclosures. In October 2021, the FASB issued ASU No. 2021-08, “Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers” (“ASU 2021-08”). ASU 2021-08 requires that an acquiring entity recognizes and measures contract assets and liabilities acquired in a business combination in accordance with Topic 606. At the acquisition date, an acquirer should account for the related revenue contracts as if it had originated the contracts. The guidance will be effective beginning on January 1, 2023, including interim periods within that year, and should be applied prospectively to business combinations occurring on or after the effective date. The adoption of ASU 2021-08 will not have a material impact on the Company’s financial statement presentation or disclosures.

Nature of Operations, Managem_3

Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Property and Equipment Estimated Useful Lives	Property and equipment are recorded at cost, and when placed into service, depreciated and amortized to their residual values using the straight-line method over the estimated useful lives of the related assets as follows: Schedule of Property and Equipment Estimated Useful Lives Leasehold property Shorter of the useful life or the life of the lease Server based gaming terminals 2 7 Plant and machinery and fixtures and fittings 3 10 Computer equipment 3 5

Restatement of Previously Iss_2

Restatement of Previously Issued Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Changes and Error Corrections [Abstract]
Schedule of Restatement Items on the Company’s Consolidated Balance sheets	The following tables present the effect of the Restatement Items on the Company’s consolidated balance sheets for the periods indicated (in millions, except per share): Schedule of Restatement Items on the Company’s Consolidated Balance sheets Reported  Revision Adjustments As Restated References As of December 31, 2022 As Previously Previous Restatement Restatement Reported Revision Adjustments As Restated References Assets Cash $ 25.0 $ - $ - $ 25.0 Accounts receivable, net 40.5 - (0.1 ) 40.4 f Inventory, net 31.0 - (0.7 ) 30.3 c Prepaid expenses and other current assets 32.1 - (0.9 ) 31.2 f Total current assets 128.6 - (1.7 ) 126.9 Property and equipment, net 44.7 - 0.4 45.1 b, f Software development costs, net 35.8 (1.0 ) (16.5 ) 18.3 a Other acquired intangible assets subject to amortization, net 14.7 - (0.1 ) 14.6 d, f Goodwill 73.9 - (18.4 ) 55.5 d Operating lease right of use asset 8.3 - 7.7 16.0 e Costs of obtaining and fulfilling customer contracts, net - - 7.0 7.0 a, b, f Other assets 3.4 - 0.4 3.8 f Total assets $ 309.4 $ (1.0 ) $ (21.2 ) $ 287.2 Liabilities and Stockholders’ Deficit Current liabilities Accounts payable $ 25.7 $ - (2.0 ) 23.7 f Accrued expenses 28.5 - 0.5 29.0 f Corporate tax and other current taxes payable 9.3 - 0.8 10.1 f Deferred revenue, current 4.8 - (0.2 ) 4.6 b Current portion of operating lease liabilities 2.8 - 1.1 3.9 e Other current liabilities 2.6 - - 2.6 Current portion of finance lease liabilities 1.0 - - 1.0 Total current liabilities 74.7 - 0.2 74.9 Long-term debt 277.6 - - 277.6 Finance lease liabilities, net of current portion 1.2 - - 1.2 Deferred revenue, net of current portion 3.7 - (0.9 ) 2.8 b Operating lease liabilities 5.9 - 6.4 12.3 e Other long-term liabilities 4.0 - - 4.0 Total liabilities $ 367.1 $ - $ 5.7 $ 372.8 Commitments and contingencies - - - - Stockholders’ deficit Preferred stock; $ 0.0001 1,000,000 - - - - Common stock; $ 0.0001 49,000,000 25,909,516 26,433,562 - - - - Additional paid in capital 378.2 - - 378.2 Accumulated other comprehensive income 46.3 0.1 4.4 50.8 Accumulated deficit (482.2 ) (1.1 ) (31.3 ) (514.6 ) Total stockholders’ deficit (57.7 ) (1.0 ) (26.9 ) (85.6 ) Total liabilities and stockholders’ deficit $ 309.4 $ (1.0 ) $ (21.2 ) $ 287.2 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References As of December 31, 2021 As Previously Restatement Restatement Reported Adjustments As Restated References Assets Cash $ 47.8 $ - $ 47.8 Accounts receivable, net 31.7 (0.1 ) 31.6 f Inventory, net 16.9 (1.4 ) 15.5 c Prepaid expenses and other current assets 30.0 (0.8 ) 29.2 f Total current assets 126.4 (2.3 ) 124.1 Property and equipment, net 50.9 - 50.9 Software development costs, net 35.6 (16.0 ) 19.6 a Other acquired intangible assets subject to amortization, net 18.9 (1.5 ) 17.4 d Goodwill 82.7 (20.5 ) 62.2 d Operating lease right of use asset 10.1 9.8 19.9 e Costs of obtaining and fulfilling customer contracts, net - 7.7 7.7 a,f Other assets 7.1 (0.2 ) 6.9 f Total assets $ 331.7 $ (23.0 ) $ 308.7 Liabilities and Stockholders’ Deficit Current liabilities Accounts payable 20.8 - 20.8 Accrued expenses 32.6 0.3 32.9 f Corporate tax and other current taxes payable 12.3 - 12.3 Deferred revenue, current 7.7 (1.0 ) 6.7 b Operating lease liabilities 3.3 1.1 4.4 e Other current liabilities 3.9 - 3.9 Current portion of finance lease liabilities 0.9 - 0.9 Total current liabilities 81.5 0.4 81.9 Long-term debt 309.0 - 309.0 Finance lease liabilities, net of current portion 1.9 - 1.9 Deferred revenue, net of current portion 6.8 (1.3 ) 5.5 b Operating lease liabilities 7.4 8.6 16.0 e Other long-term liabilities 3.1 - 3.1 Total liabilities $ 409.7 $ 7.7 $ 417.4 Commitments and contingencies - - - Stockholders’ deficit Preferred stock; $ 0.0001 1,000,000 - - - Common stock; $ 0.0001 49,000,000 25,909,516 26,433,562 - - - Additional paid in capital 372.3 - 372.3 Accumulated other comprehensive income 43.8 - 43.8 Accumulated deficit (494.1 ) (30.7 ) (524.8 ) Total stockholders’ deficit (78.0 ) (30.7 ) (108.7 ) Total liabilities and stockholders’ deficit $ 331.7 $ (23.0 ) $ 308.7 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The following tables present the effect of the Restatement Items on the Company’s consolidated statement of operations for the periods indicated (in millions, except share and per share amounts): Reported Revision Adjustments As Restated References For Year Ended December 31, 2022 As Previously Previous Restatement Restatement Reported Revision Adjustments As Restated References Revenue: Service $ 251.8 - $ (3.4 ) $ 248.4 b, f Product Sales 33.6 - (0.4 ) 33.2 b Total revenue 285.4 - (3.8 ) 281.6 Cost of Sales Cost of service (49.3 ) - (22.1 ) (71.4 ) b, f Cost of product sales (22.7 ) - 0.8 (21.9 ) b, c, f Selling, general, and administrative (126.4 ) - 24.5 (101.9 ) a, f Acquisition and integration related transaction expenses (0.5 ) - - (0.5 ) Depreciation and amortization (37.6 ) (1.1 ) (1.2 ) (39.9 ) a, b, d, f Net operating income (loss) 48.9 (1.1 ) (1.8 ) 46.0 Other expense Interest expense, net (25.4 ) - 0.1 (25.3 ) b Gain on disposal of business 0.9 - - 0.9 Other finance income (expense) 1.1 - - 1.1 Total other expense, net (23.4 ) - 0.1 (23.3 ) Income (loss) before income taxes 25.5 (1.1 ) (1.7 ) 22.7 Income tax (expense) benefit (3.2 ) - 1.1 (2.1 ) Net income (loss) 22.3 (1.1 ) (0.6 ) 20.6 Other comprehensive income (loss) Foreign currency translation gain (loss) 8.2 - 4.5 12.7 f Change in fair value of hedging instrument - - - - Reclassification of loss (gain) on hedging instrument to comprehensive income 0.7 - - 0.7 Actuarial (losses) gains on pension plan (6.4 ) - - (6.4 ) Other comprehensive income (loss) 2.5 - 4.5 7.0 Comprehensive income (loss) $ 24.8 $ (1.1 ) $ 3.9 $ 27.6 Net income (loss) per common share - basic $ 0.84 $ (0.04 ) $ (0.07 ) $ 0.73 Net income (loss) per common share - diluted $ 0.77 $ (0.04 ) $ (0.02 ) $ 0.71 Weighted average number of shares outstanding during the year - basic 26,446,374 - 1,603,544 28,049,918 h Weighted average number of shares outstanding during the year - diluted 29,035,785 - 57,070 29,092,855 h INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References For the Year Ended December 31, 2021 As Previously Restatement Restatement Reported Adjustments As Restated References Revenue: Service $ 183.3 $ (3.1 ) $ 180.2 b Product Sales 25.6 - 25.6 Total Revenue 208.9 (3.1 ) 205.8 Cost of Sales Cost of Service (34.3 ) (17.5 ) (51.8 ) b, f Cost of product sales (16.4 ) (1.4 ) (17.8 ) c Selling, general, and administrative (110.2 ) 19.9 (90.3 ) a, f Acquisition and integration related transaction expenses (1.6 ) - (1.6 ) Depreciation and amortization (47.0 ) (1.8 ) (48.8 ) a, b, d Net operating income (loss) (0.6 ) (3.9 ) (4.5 ) Other expense Interest expense, net (44.3 ) - (44.3 ) Change in fair value of warrant liability 0.9 - 0.9 Other finance income (expense) 5.7 - 5.7 f Total other expense, net (37.7 ) - (37.7 ) Income (loss) before income taxes (38.3 ) (3.9 ) (42.2 ) Income tax (expense) benefit 1.6 - 1.6 Net income (loss) (36.7 ) (3.9 ) (40.6 ) Other comprehensive income (loss) Foreign currency translation gain (loss) 0.4 0.3 0.7 Change in fair value of hedging instrument 0.3 - 0.3 Reclassification of loss (gain) on hedging instrument to comprehensive income 1.5 - 1.5 Actuarial (losses) gains on pension plan 10.5 - 10.5 Other comprehensive income (loss) 12.7 0.3 13.0 Comprehensive income (loss) $ (24.0 ) $ (3.6 ) $ (27.6 ) Net income (loss) per common share - basic $ (1.60 ) $ (0.06 ) $ (1.66 ) Net income (loss) per common share - diluted $ (1.60 ) $ (0.06 ) $ (1.66 ) Weighted average number of shares outstanding during the year - basic 22,897,997 1,504,464 24,402,461 h Weighted average number of shares outstanding during the year - diluted 22,897,997 1,504,464 24,402,461 h INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References For the Year Ended December 31, 2020 As Previously Restatement Restatement Reported Adjustments As Restated References Revenue: Service $ 178.7 $ (2.1 ) $ 176.6 b, Product Sales 21.1 0.6 21.7 f Total Revenue 199.8 (1.5 ) 198.3 Cost of Sales Cost of service (30.1 ) (15.8 ) (45.9 ) b, f Cost of product sales (14.4 ) (0.6 ) (15.0 ) Selling, general, and administrative (89.6 ) 17.2 (72.4 ) a, f Acquisition and integration related transaction expenses (7.0 ) - (7.0 ) Depreciation and amortization (52.3 ) (1.3 ) (53.6 ) a, b, d Impairment of goodwill and intangibles - (22.4 ) (22.4 ) d Net operating income (loss) 6.4 (24.4 ) (18.0 ) Other expense Interest expense, net (30.0 ) - (30.0 ) Change in fair value of warrant liability (3.2 ) - (3.2 ) Loss from equity method investee (0.5 ) - (0.5 ) Other finance income (expense) (4.7 ) - (4.7 ) Total other expense, net (38.4 ) - (38.4 ) Income (loss) before income taxes (32.0 ) (24.4 ) (56.4 ) Income tax (expense) benefit (0.4 ) - (0.4 ) Net income (loss) (32.4 ) (24.4 ) (56.8 ) Other comprehensive income (loss) Foreign currency translation gain (loss) (5.4 ) (0.3 ) (5.7 ) Change in fair value of hedging instrument (2.9 ) - (2.9 ) Reclassification of loss (gain) on hedging instrument to comprehensive income 1.5 - 1.5 Actuarial (losses) gains on pension plan (7.2 ) - (7.2 ) Other comprehensive income (loss) (14.0 ) (0.3 ) (14.3 ) Comprehensive income (loss) $ (46.4 ) $ (24.7 ) $ (71.1 ) Net income (loss) per common share - basic $ (1.45 ) $ (0.94 ) $ (2.39 ) Net income (loss) per common share - diluted $ (1.45 ) $ (0.94 ) $ (2.39 ) Weighted average number of shares outstanding during the year - basic 22,399,333 1,318,188 23,717,521 h Weighted average number of shares outstanding during the year - diluted 22,399,333 1,318,188 23,717,521 h INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The following tables present the effect of the Restatement Items on the Company’s consolidated statements of stockholders’ equity (deficit) for the periods indicated (in millions, except per share amounts): Shares Amount capital income deficit deficit References Accumulated Additional other Total Common Stock paid in comprehensive Accumulated stockholders’ Restatement Shares Amount capital income deficit deficit References Balance as of December 31, 2020 (As Previously Reported) 22,430,475 $ - $ 324.6 $ 31.1 $ (457.4 ) $ (101.7 ) Restatement Items - - - (0.3 ) (26.8 ) (27.1 ) Balance as of December 31, 2020 (As Restated) 22,430,475 - 324.6 30.8 (484.2 ) (128.8 ) Balance as of December 31, 2021 (As Previously Reported) 26,433,562 - 372.3 43.8 (494.1 ) (78.0 ) Restatement Items - - - - (30.7 ) (30.7 ) Balance as of December 31, 2021 (As Restated) 26,433,562 - 372.3 43.8 (524.8 ) (108.7 ) Balance as of December 31, 2022 (As Previously Reported) 25,909,516 - 378.2 46.3 (482.2 ) (57.7 ) Previous Revision - - - 0.1 (1.1 ) (1.0 ) Restatement Items - - - 4.4 (31.3 ) (26.9 ) Balance as of December 31, 2022 (As Restated) 25,909,516 $ - $ 378.2 $ 50.8 $ (514.6 ) $ (85.6 ) Balance 25,909,516 $ - $ 378.2 $ 50.8 $ (514.6 ) $ (85.6 ) INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The following tables present the effect of the Restatement Items on the Company’s consolidated statements of cashflows for the periods indicated (in millions): Reported Revision Adjustments As Restated References Year Ended December 31, 2022 As Previously Previous Restatement Restatement Reported Revision Adjustments As Restated References Cash flows from operating activities: Net income $ 22.3 $ (1.1 ) $ (0.6 ) $ 20.6 a, b, c, d, f Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 37.6 (1.1 ) 3.4 39.9 a, b, d Right of use asset amortization 2.4 - 1.1 3.5 e Profit on disposal of trade and assets - - (0.9 ) (0.9 ) f Stock-based compensation expense 10.8 - - 10.8 Reclassification of loss on hedging instrument to comprehensive income 0.7 - - 0.7 Non-cash interest expense relating to senior debt 1.8 - - 1.8 Contract cost expense - - (7.2 ) (7.2 ) a, b Changes in assets and liabilities: Accounts receivable (12.0 ) - (0.1 ) (12.1 ) f, g Inventory (16.0 ) - (0.7 ) (16.7 ) c, g Prepaid expenses and other assets (3.8 ) - (0.5 ) (4.3 ) f, g Corporate tax and other current taxes payable (6.7 ) - 0.6 (6.1 ) f, g Accounts payable 7.5 - (2.4 ) 5.1 f, g Deferred revenues and customer prepayment (5.2 ) - 0.8 (4.4 ) b, g Accrued expenses 0.8 - (0.1 ) 0.7 g Operating lease liabilities (2.6 ) - (1.1 ) (3.7 ) e, g Other long-term liabilities (2.9 ) - (0.1 ) (3.0 ) g Net cash provided by operating activities 34.7 (2.2 ) (7.8 ) 24.7 Cash flows from investing activities: Purchases of property and equipment (21.2 ) - (1.0 ) (22.2 ) b, f Acquisition of subsidiary company assets (0.6 ) - - (0.6 ) Disposal of trade and assets - - 1.3 1.3 f Purchases of capital software (18.6 ) - 7.5 (11.1 ) a Net cash used in investing activities (40.4 ) - 7.8 (32.6 ) Cash flows from financing activities: Repurchase of common stock (10.4 ) - - (10.4 ) Repayments of finance leases (0.6 ) - - (0.6 ) Net cash (used in) provided by financing activities (11.0 ) - - (11.0 ) Effect of exchange rate changes on cash (6.1 ) - 2.2 (3.9 ) g Net increase in cash (22.8 ) - - (22.8 ) Cash, beginning of period 47.8 - - 47.8 Cash, end of period $ 25.0 $ - $ - $ 25.0 Supplemental cash flow disclosures Cash paid during the period for interest $ 23.0 $ - $ - $ 23.0 Cash paid during the period for income taxes $ - $ - $ - $ - Cash paid during the period for operating leases $ 4.3 $ - $ 3.5 $ 7.8 e Supplemental disclosure of noncash investing and financing activities Additional paid in capital from net settlement of RSUs $ (4.1 ) $ - $ - $ (4.1 ) Lease liabilities arising from obtaining right of use assets $ (1.8 ) $ - $ - $ (1.8 ) Adjustment to customer relationships intangible asset arising from adjustment to fair value of assets acquired $ (0.9 ) $ - $ - $ (0.9 ) Property and equipment transferred to inventory $ 0.8 $ - $ - $ 0.8 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References Year Ended December 31, 2021 As Previously Restatement Restatement Reported Adjustments As Restated References Cash flows from operating activities: Net loss $ (36.7 ) $ (3.9 ) $ (40.6 ) a, b, c, d, f Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 47.0 1.8 48.8 a, b, d Amortization of right of use asset 3.3 1.2 4.5 e Stock-based compensation expense 13.0 - 13.0 Impairment of investment in equity method investee - - - Unrealized transactional currency gain/loss on senior bank debt (4.6 ) (0.1 ) (4.7 ) f Change in fair value of warrant liability (0.9 ) - (0.9 ) Reclassification of loss on hedging instrument to comprehensive income 1.5 - 1.5 Non-cash interest expense relating to senior debt 17.2 - 17.2 Contract cost expense - (6.3 ) (6.3 ) a, b Changes in assets and liabilities: Accounts receivable (4.9 ) 0.2 (4.7 ) f, g Inventory 1.6 1.6 3.2 c, g Prepaid expenses and other assets (13.9 ) 1.5 (12.4 ) f, g Corporate tax and other current taxes payable (9.9 ) 0.2 (9.7 ) f, g Accounts payable 2.8 - 2.8 Deferred revenues and customer prepayment (6.7 ) 0.8 (5.9 ) b, g Accrued expenses 0.7 0.3 1.0 f, g Operating lease liabilities (2.9 ) (1.1 ) (4.0 ) e, g Other long-term liabilities (0.4 ) - (0.4 ) Net cash provided by operating activities 6.2 (3.8 ) 2.4 Cash flows from investing activities: Purchases of property and equipment (11.6 ) 0.3 (11.3 ) g Acquisition of subsidiary company assets (12.5 ) 0.1 (12.4 ) g Purchases of capital software (13.8 ) 5.1 (8.7 ) a, g Net cash used in investing activities (37.9 ) 5.5 (32.4 ) Cash flows from financing activities: Proceeds from issuance of long-term debt 333.1 - 333.1 Proceeds from exercise of warrants 30.5 - 30.5 Repayments of revolver and long-term debt, including exit premium (320.6 ) - (320.6 ) Payment of debt issuance costs (9.1 ) - (9.1 ) Cash paid in connection with terminated interest rate swaps (2.1 ) - (2.1 ) Repayments of finance leases (0.6 ) - (0.6 ) Net cash (used in) provided by financing activities 31.2 - 31.2 Effect of exchange rate changes on cash 1.2 (1.7 ) (0.5 ) g Net increase in cash 0.7 - 0.7 Cash, beginning of period 47.1 - 47.1 Cash, end of period $ 47.8 $ - $ 47.8 Supplemental cash flow disclosures Cash paid during the period for interest $ 30.8 $ - $ 30.8 Cash paid during the period for income taxes $ 1.2 $ - $ 1.2 Cash paid during the period for operating leases $ 4.4 $ 2.2 $ 6.6 e Supplemental disclosure of noncash investing and financing activities Additional paid in capital from net settlement of RSUs $ (6.4 ) $ - $ (6.4 ) Property and equipment acquired through finance lease $ 2.6 $ - $ 2.6 Property and equipment transferred to inventory $ 1.3 $ - $ 1.3 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Reported Adjustments As Restated References Year Ended December 31, 2020 As Previously Restatement Restatement Reported Adjustments As Restated References Cash flows from operating activities: Net loss $ (32.4 ) $ (24.4 ) $ (56.8 ) a, b, c, d, f Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 52.3 1.3 53.6 a, b, d Amortization of right of use asset 3.6 0.9 4.5 e Stock-based compensation expense 4.8 - 4.8 Impairment of investment in equity method investee 0.7 (0.2 ) 0.5 f Impairment of goodwill and intangibles - 22.4 22.4 d Unrealized transactional currency gain/loss on senior bank debt 5.6 - 5.6 Change in fair value of warrant liability 3.2 - 3.2 Reclassification of loss on hedging instrument to comprehensive income 0.9 - 0.9 Non-cash interest expense relating to senior debt 3.4 - 3.4 Contract cost expense (7.6 ) (7.6 ) a, b Changes in assets and liabilities: Accounts receivable (2.9 ) 0.1 (2.8 ) g Inventory 1.3 0.1 1.4 g Prepaid expenses and other assets 8.8 1.9 10.7 f, g Corporate tax and other current taxes payable 6.6 0.2 6.8 f, g Accounts payable (4.8 ) 0.1 (4.7 ) g Deferred revenues and customer prepayment (5.7 ) 0.8 (4.9 ) b, g Accrued expenses 10.9 0.2 11.1 g Operating lease liabilities (2.8 ) (0.9 ) (3.7 ) e Other long-term liabilities (0.6 ) - (0.6 ) Net cash provided by operating activities 52.9 (5.1 ) 47.8 Cash flows from investing activities: Purchases of property and equipment (15.4 ) 0.1 (15.3 ) g Purchases of capital software (14.5 ) 6.1 (8.4 ) a, g Net cash used in investing activities (29.9 ) 6.2 (23.7 ) Cash flows from financing activities: Repayments of revolver and long-term debt, including exit premium (4.2 ) - (4.2 ) Payment of debt issuance costs (3.1 ) - (3.1 ) Cash paid in connection with terminated interest rate swaps - - - Repayments of finance leases (0.9 ) - (0.9 ) Net cash (used in) provided by financing activities (8.2 ) - (8.2 ) Effect of exchange rate changes on cash 3.2 (1.1 ) 2.1 g Net increase in cash 18.0 - 18.0 Cash, beginning of period 29.1 - 29.1 Cash, end of period $ 47.1 $ - $ 47.1 Supplemental cash flow disclosures Cash paid during the period for interest $ 13.3 $ - $ 13.3 Cash paid during the period for income taxes $ 0.2 $ - $ 0.2 Cash paid during the period for operating leases $ 3.3 $ 1.3 $ 4.6 e Supplemental disclosure of noncash investing and financing activities Additional paid in capital from net settlement of RSUs $ (0.7 ) $ - $ (0.7 ) Lease liabilities arising from obtaining right of use assets $ (6.8 ) $ (3.4 ) $ (10.2 ) e Adjustment to goodwill arising from adjustment to fair value of assets acquired $ (0.2 ) $ - $ (0.2 ) Property and equipment acquired through finance lease $ 1.5 $ - $ 1.5 Capitalized interest payments $ 10.6 $ - $ 10.6 Assets arising from asset retirement obligations $ 1.0 $ - $ 1.0

Accounts Receivable, as resta_2

Accounts Receivable, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Schedule of Accounts Receivable	Accounts receivable consist of the following: Schedule of Accounts Receivable December 31, 2022 December 31, 2021 (in millions) Trade receivables $ 44.6 $ 36.2 Less: long-term receivable recorded in other assets (3.0 ) (3.5 ) Finance lease receivables 0.2 0.7 Allowance for doubtful accounts (1.4 ) (1.8 ) Total accounts receivable, net $ 40.4 $ 31.6
Schedule of Changes in Allowance for Doubtful Accounts	Changes in the allowance for doubtful accounts are as follows: Schedule of Changes in Allowance for Doubtful Accounts December 31, 2022 December 31, 2021 (in millions) Beginning balance $ (1.8 ) $ (2.3 ) Additional provision for doubtful accounts (0.2 ) (0.7 ) Recoveries — 0.1 Write offs 0.4 1.1 Foreign currency translation adjustments 0.2 — Ending balance $ (1.4 ) $ (1.8 )

Inventory, as restated (Tables)

Inventory, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory consists of the following: Schedule of Inventory December 31, 2022 December 31, 2021 (in millions) Component parts $ 20.7 $ 9.4 Work in progress 3.6 1.6 Finished goods 6.0 4.5 Total inventories $ 30.3 $ 15.5

Prepaid Expenses and Other As_2

Prepaid Expenses and Other Assets, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Prepaid Expenses and Other Assets	Prepaid expenses and other assets consist of the following: Schedule of Prepaid Expenses and Other Assets December 31, 2022 December 31, 2021 (in millions) Prepaid expenses and other assets $ 13.2 $ 11.5 Unbilled accounts receivable 18.0 17.4 Corporate tax and other current taxes receivable — 0.3 Total prepaid expenses and other assets $ 31.2 $ 29.2

Property and Equipment, net, _2

Property and Equipment, net, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Schedule of Property and Equipment December 31, 2022 December 31, 2021 (in millions) Short-term leasehold property $ 3.1 $ 3.2 Server based gaming terminals 168.1 178.8 Computer equipment 10.9 10.6 Plant and machinery 3.9 4.1 Property and equipment, gross 186.0 196.7 Less: accumulated depreciation and amortization (140.9 ) (145.8 ) Property and equipment, net $ 45.1 $ 50.9

Software Development Costs, n_2

Software Development Costs, net, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Research and Development [Abstract]
Schedule of Software Development Costs	Software development costs, net consisted of the following: Schedule of Software Development Costs December 31, 2022 December 31, 2021 (in millions) Software development costs $ 125.2 $ 128.9 Less: accumulated amortization (106.9 ) (109.3 ) Software development Costs, net $ 18.3 $ 19.6
Schedule of Estimated Software Amortization Expense	The estimated software amortization expense for the years ending December 31 are as follows: Schedule of Estimated Software Amortization Expense Year ending December 31, (in millions) 2023 $ 6.1 2024 2.8 2025 1.6 2026 0.3 2027 — Thereafter — Total $ 10.8

Intangible Assets and Goodwil_2

Intangible Assets and Goodwill, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	The following tables present certain information regarding our intangible assets. Amortizable intangible assets are being amortized on a straight-line basis over their estimated useful lives of ten to thirteen years with no estimated residual values, which materially approximates the expected pattern of use. Schedule of Intangible Assets December 31, 2022 December 31, 2021 (in millions) Trademarks $ 19.4 $ 21.6 Customer relationships 28.7 31.5 Intangible assets, gross 48.1 53.1 Less: accumulated amortization (33.5 ) (35.7 ) Intangible assets, net $ 14.6 $ 17.4
Schedule of Estimated Intangible Asset Amortization Expense	The estimated intangible asset amortization expense for the years ending December 31 are as follows: Schedule of Estimated Intangible Asset Amortization Expense Year ending December 31, (in millions) 2023 $ 1.6 2024 1.6 2025 1.6 2026 1.6 2027 1.5 Thereafter 6.7 Total $ 14.6
Schedule of Goodwill	Goodwill is summarized as follows: Schedule of Goodwill December 31, 2022 December 31, 2021 (in millions) Balance at beginning of period, gross $ 82.7 $ 83.5 Accumulated goodwill impairment losses (20.5 ) (-20.5 ) Balance at beginning of period, net 62.2 63.0 Foreign currency translation adjustments (-6.7 ) (0.8 ) Ending balance, net $ 55.5 $ 62.2

Other Assets, as restated (Tabl

Other Assets, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	Other assets consist of the following: Schedule of Other Assets December 31, 2022 December 31, 2021 (in millions) Long term finance lease receivable $ 0.6 $ 0.3 Pension asset — 3.0 Long term receivables 3.0 3.5 Long term prepaid expenses and other assets 0.2 0.1 Total $ 3.8 $ 6.9

Accrued Expenses, as restated (

Accrued Expenses, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	Accrued expenses consist of the following: Schedule of Accrued Expenses December 31, 2022 December 31, 2021 (in millions) Payroll and related costs $ 10.3 $ 8.1 Cost of sales including inventory 9.2 12.6 Non-current asset costs 2.2 0.7 Interest payable - cash 1.8 2.0 Selling, general and administrative costs 2.0 2.5 Tax and professional fees 1.7 2.8 Asset retirement obligations and other property related costs 1.5 3.5 Other creditors 0.3 0.7 Accrued expenses, net $ 29.0 $ 32.9

Contract Liabilities and Othe_2

Contract Liabilities and Other Disclosures, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Contract Liabilities And Other Disclosures As Restated
Schedule of Contract Related Balances	The following table summarizes contract related balances: Schedule of Contract Related Balances Accounts Unbilled Deferred Customer (in millions) At December 31, 2022 $ 44.6 $ 18.0 $ (7.4 ) $ (2.4 ) At December 31, 2021 $ 36.2 $ 17.4 $ (12.2 ) $ (3.9 ) At December 31, 2020 $ 30.2 $ 8.7 $ (19.8 ) $ (1.6 )
Schedule of Customer Contract	Schedule of Customer Contract December 31, 2022 December 31, 2021 (in millions) Costs to obtain contracts with customers, net $ 0.4 $ 1.0 Customer contract fulfillment costs, net 6.6 6.7 Total costs of obtaining and fulfilling customer contracts, net $ 7.0 $ 7.7

Other Liabilities (Tables)

Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Other Liabilities Disclosure [Abstract]
Schedule of Other Liabilities	Other liabilities consist of the following: Schedule of Other Liabilities December 31, 2022 December 31, 2021 (in millions) Customer prepayments and deposits $ 2.4 $ 3.9 Foreign exchange contract liabilities 0.2 — Total other liabilities, current 2.6 3.9 Asset retirement obligations 1.1 1.8 Other creditors 0.8 1.3 Pension liability 2.1 — Total other liabilities, long-term 4.0 3.1 Total other liabilities $ 6.6 $ 7.0

Long Term and Other Debt (Table

Long Term and Other Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of Outstanding Debt and Finance Leases	The following reflects outstanding debt and finance leases as of the dates indicated below: Schedule of Outstanding Debt and Finance Leases Principal Unamortized Book value, (in millions) Senior bank debt $ 282.9 $ (5.3 ) $ 277.6 Finance lease liabilities 2.2 — 2.2 Total long-term debt outstanding 285.1 (5.3 ) 279.8 Less: current portion of long-term debt (1.0 ) — (1.0 ) Long-term debt, excluding current portion $ 284.1 $ (5.3 ) $ 278.8 Principal Unamortized Book value, (in millions) Senior bank debt $ 316.7 $ (7.7 ) $ 309.0 Finance lease liabilities 2.8 — 2.8 Total long-term debt outstanding 319.5 (7.7 ) $ 311.8 Less: current portion of long-term debt (0.9 ) — (0.9 ) Long-term debt, excluding current portion $ 318.6 $ (7.7 ) $ 310.9
Schedule of Maturities of Long-term Debt	Long term debt as of December 31, 2022 matures as follows: Schedule of Maturities of Long-term Debt Fiscal period: Senior bank Finance Total (in millions) 2023 $ — $ 1.0 $ 1.0 2024 — 0.7 0.7 2025 — 0.5 0.5 2026 282.9 — 282.9 2027 — — — Total $ 282.9 $ 2.2 $ 285.1

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Outstanding Derivatives Designated as Cash Flow Hedges	As of December 31, 2020, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk: Schedule of Outstanding Derivatives Designated as Cash Flow Hedges Interest Rate Derivative Number of Notional Interest rate swaps 2 £ 95.0 114.4 0.9255 60.0 64.1 0.102
Schedule of Accumulated Other Comprehensive Income	The table below presents the effect of fair value and cash flow hedge accounting on accumulated other comprehensive income for the year ended December 31, 2021. Schedule of Accumulated Other Comprehensive Income Amount of Gain/(Loss) Location of Gain/(Loss) (in millions) (in millions) Interest Rate Products $ 0.3 Interest Expense $ (1.5 ) Total $ 0.3 $ (1.5 ) The table below presents the effect of fair value and cash flow hedge accounting on accumulated other comprehensive income for the year ended December 31, 2020. Amount of Gain/(Loss) Location of Gain/(Loss) (in millions) (in millions) Interest Rate Products $ (2.9 ) Interest Expense $ (1.5 ) Total $ (2.9 ) $ (1.5 )
Schedule of Consolidated Statements of Operations	The table below presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations for the year ended December 31, 2021. Schedule of Consolidated Statements of Operations Interest (in millions) Total amounts of income and expense line items presented in the statement of operations and comprehensive loss in which the effects of fair value or cash flow hedges are recorded $ 39.8 Gain/(loss) on cash flow hedging relationships in Subtopic 815-20 $ (1.5 ) The table below presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations for the year ended December 31, 2020. Interest (in millions) Total amounts of income and expense line items presented in the statement of operations and comprehensive loss in which the effects of fair value or cash flow hedges are recorded $ 36.1 Gain/(loss) on cash flow hedging relationships in Subtopic 815-20 $ (1.5 )

Fair Value Measurements, as r_2

Fair Value Measurements, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Derivative Financial Instrument Assets and Liabilities Measured at Fair Value on Recurring Basis	For each period, derivative financial instrument assets and liabilities measured at fair value on a recurring basis are included in the financial statements as per the table below. Schedule of Derivative Financial Instrument Assets and Liabilities Measured at Fair Value on Recurring Basis Level December 31, 2022 December 31, 2021 (in millions) Long term receivable (included in other assets) 2 $ 3.0 $ 3.5

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Restricted Stock Unit Activity	A summary of the Company’s RSU activity is as follows: Schedule of Restricted Stock Unit Activity Number of Weighted Average Unvested Outstanding at January 1, 2022 2,039,254 $ 8.60 Granted (1) 543,178 $ 14.36 Forfeited (55,198 ) $ (11.06 ) Vested (2) (879,690 ) $ (7.18 ) Unvested Outstanding at December 31, 2022 1,647,544 $ 11.11 (1) The RSUs that were granted during the year ended December 31, 2022 included: (a) 48,716 450,882 (2) The RSUs that vested during the year ended December 31, 2022 included: (a) 119,492 that are subject to deferred settlement terms; and (b) 682,474 374,546 307,928 374,546 42,319 332,227
Schedule of Stock Based Compensation Expense	The Company recognized stock-based compensation expense as follows: Schedule of Stock Based Compensation Expense Year Ended Year Ended Year Ended (in millions) Restricted Stock and RSUs $ 10.1 $ 11.9 $ 4.6 Payroll taxes on vesting of RSUs 0.7 1.1 0.2 $ 10.8 $ 13.0 $ 4.8

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Income), as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Loss (Income)	The accumulated balances for each classification of comprehensive loss (income) are presented below: Schedule of Accumulated Other Comprehensive Loss (Income) Foreign Currency Translation Adjustments Change in Fair Value of Hedging Instrument Unrecognized Pension Benefit Costs Accumulated Other Comprehensive (Income) (in millions) Balance at January 1, 2020 $ (76.5 ) $ 1.4 $ 30.0 $ (45.1 ) Change during the period 5.7 1.4 7.2 14.3 Balance at December 31, 2020 (70.8 ) 2.8 37.2 (30.8 ) Change during the period (0.7 ) (1.8 ) (10.5 ) (13.0 ) Balance at December 31, 2021 (71.5 ) 1.0 26.7 (43.8 ) Change during the period (12.7 ) (0.7 ) 6.4 (7.0 ) Balance at December 31, 2022 $ (84.2 ) $ 0.3 $ 33.1 $ (50.8 )

Net Income (Loss) per Share, _2

Net Income (Loss) per Share, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share	The computation of diluted EPS excludes the common stock equivalents of the following potentially dilutive securities because they were either contingently issuable shares or because their inclusion would be anti-dilutive: Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share Year Ended Year Ended Year Ended RSUs 382,500 2,039,254 2,051,956 Unvested Restricted Stock — — 624,116 Stock Warrants — — 9,539,565 Anti-dilutive securities 382,500 2,039,254 12,215,637
Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations	The following table reconciles the numerators and denominators of the basic and diluted EPS computations for the year ended December 31, 2022. There were no reconciling items for the years ended December 31, 2021 or December 31, 2020, respectively. Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations Income (Numerator) Shares (Denominator) Per-Share Amount, December 31, 2022 (in millions) Basic EPS Income available to common stockholders $ 20.6 28,049,918 $ 0.73 Effect of Dilutive Securities RSUs 1,042,937 (0.02 ) Diluted EPS Income available to common stockholders $ 20.6 $ 29,092,855 $ 0.71 The calculation of Basic EPS includes the effects of 1,703,142 1,583,650 1,373,022

Other Finance (Expense) Income

Other Finance (Expense) Income (Tables)	12 Months Ended
	Dec. 31, 2022
Other Income and Expenses [Abstract]
Schedule of Other Finance Income (expense)	Other finance (expense) income consisted of the following: Schedule of Other Finance Income (expense) Year Ended Year Ended Year Ended (in millions) Pension interest cost $ (2.2 ) $ (1.7 ) $ (2.2 ) Expected return on pension plan assets 3.3 2.8 3.1 Foreign currency translation on senior bank debt — 4.6 (5.6 ) Other finance income (Costs) $ 1.1 $ 5.7 $ (4.7 )

Income Taxes, as restated (Tabl

Income Taxes, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Earnings (Loss) Before Income Tax	The components of earnings (loss) before income taxes on the Company’s consolidated statement of operations by the United States and foreign jurisdictions were as follows: Schedule of Earnings (Loss) Before Income Tax Year Ended December 31, 2022 Year Ended December 31, 2021 Year Ended December 31, 2020 (in millions) United States $ (8.1 ) $ (13.5 ) $ (14.4 ) Foreign jurisdictions 30.8 (28.7 ) (42.0 ) Total earnings (loss) before income taxes $ 22.7 $ (42.2 ) $ (56.4 )
Schedule of Provision for Income Taxes	Income tax provision (benefit), as reflected in the Company’s consolidated statement of operations, consists of the following: Schedule of Provision for Income Taxes Year Ended December 31, 2022 Year Ended December 31, 2021 Year Ended December 31, 2020 (in millions) Current provision (benefit) Federal $ 0.7 $ — $ — State — — — Foreign 1.4 (1.6 ) 0.4 Total current $ 2.1 $ (1.6 ) $ 0.4 Year Ended Year Ended Year Ended (in millions) Deferred provision (benefit) Federal $ — $ — $ — State — — — Foreign — — — Total deferred $ — $ — $ —
Schedule of Differences Between the Federal Statutory Tax Rate and our Effective Rate	The differences between the federal statutory tax rate and our effective rate are reflected in the following table for the years ended December 31, 2022, 2021 and 2020: Schedule of Differences Between the Federal Statutory Tax Rate and our Effective Rate December 31, 2022 December 31, 2021 December 31, 2020 (in millions) Statutory income tax 21.0 % 21.0 % 21.0 % State taxes (net of federal) 0.4 % 0.0 % 0.0 % Non-deductible officers’ compensation 7.5 % (4.9 )% 0.0 % Global intangible low-taxed income 33.1 % 0.0 % 0.0 % Goodwill impairment 0.0 % 0.0 % (9.0 )% Other permanent differences 0.3 % (2.2 )% (2.8 )% Effect of rates different than statutory (2.2 )% (0.7 )% 0.3 % Non-creditable withholding taxes 4.7 % 0.0 % 0.0 % Foreign tax true ups (0.1 )% 4.2 % 0.1 % Research and development tax credits (1.2 )% 0.3 % 0.0 % Change in valuation allowance (54.3 )% (13.9 )% (10.2 )% Effective income tax rate 9.2 % 3.8 % (0.6 )%
Schedule of Deferred Tax Assets and Liabilities	The net deferred tax assets and liabilities arising from temporary differences are as follows: Schedule of Deferred Tax Assets and Liabilities December 31, 2022 December 31, 2021 (in millions) Depreciation $ 52.3 $ 71.4 Net operating losses 23.4 30.9 Other temporary differences 2.5 1.8 Intangible Assets 4.8 5.0 Right of Use Liability 4.1 5.1 Total gross deferred tax assets 87.1 114.2 Valuation allowance balance (83.1 ) (109.2 ) Gross deferred tax assets 4.0 5.0 Intangible assets — — Other temporary differences — — Right of Use Asset (4.0 ) (5.0 ) Gross deferred tax liabilities (4.0 ) (5.0 ) Net deferred tax assets $ — $ —
Schedule of Changes in the Valuation Allowance	Changes in the valuation allowance are as follows: Schedule of Changes in the Valuation Allowance December 31, 2022 December 31, 2021 (in millions) Beginning balance $ 109.2 $ 79.8 (Decrease) increase (26.1 ) 29.4 Reversal of allowance — — Ending balance $ 83.1 $ 109.2

Leases, as restated (Tables)

Leases, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Schedule of Lease Expense	The components of lease expense were as follows: Schedule of Lease Expense Year Ended Year Ended Year Ended (in millions) Finance lease costs: Depreciation $ 0.9 $ 0.5 $ 0.1 Interest 0.2 0.2 0.1 Operating lease costs 5.8 6.4 5.8 Short-term lease costs 1.2 1.3 1.5 Variable lease costs 2.5 1.0 0.1 Total $ 10.6 $ 9.4 $ 7.6 December 31, 2022 December 31, 2021 Weighted average remaining lease term – finance leases 29.8 39.1 Weighted average remaining lease term – operating leases 68.1 74.0 Weighted average discount rate – finance leases 9.0 % 8.9 % Weighted average discount rate – operating leases 8.7 % 8.6 %
Schedule of Future Minimum Finance Lease Payments	Future minimum finance lease payments as of December 31, 2022 were as follows: Schedule of Future Minimum Finance Lease Payments Year ending December 31, (in millions) 2023 $ 1.2 2024 0.9 2025 0.5 2026 — 2027 — Thereafter — Total future minimum lease payments 2.6 Less: imputed interest (0.4 ) Total $ 2.2
Schedule of Future Minimum Operating Lease Payments	Future minimum operating lease payments as of December 31, 2022 were as follows: Schedule of Future Minimum Operating Lease Payments Year ending December 31, (in millions) 2023 $ 4.6 2024 4.2 2025 3.1 2026 2.6 2027 1.3 Thereafter 5.9 Total future minimum lease payments 21.7 Less: imputed interest (5.5 ) Total $ 16.2

Pension Plan, as restated (Tabl

Pension Plan, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Schedule of Pension Plans and their Reconciliation	The following table sets forth the combined funded status of the pension plans and their reconciliation to the related amounts recognized in our consolidated financial statements at the respective measurement dates: Schedule of Pension Plans and their Reconciliation December 31, 2022 December 31, 2021 (in millions) Change in benefit obligation: Benefit obligation at beginning of period $ 122.7 $ 134.6 Interest cost 2.2 1.7 Actuarial (gain) loss (39.0 ) (8.6 ) Benefits paid (3.5 ) (3.5 ) Foreign currency translation adjustments (11.2 ) (1.5 ) Benefit obligation at end of period $ 71.2 $ 122.7 Change in plan assets: Fair value of plan assets at beginning of period $ 125.7 $ 125.5 Actual (loss) gain on plan assets (42.4 ) 3.8 Employer contributions 1.4 1.5 Benefits paid (3.5 ) (3.5 ) Foreign currency translation adjustments (12.1 ) (1.6 ) Fair value of assets at end of period $ 69.1 $ 125.7 Amount recognized in the consolidated balance sheets: (Unfunded) Overfunded status (non-current) $ (2.1 ) $ 3.0 Net amount recognized $ (2.1 ) $ 3.0
Schedule of Defined Benefit Plans	The following table presents the components of our net periodic pension (benefit) cost: Schedule of Defined Benefit Plans Year Ended Year Ended Year Ended (in millions) Components of net periodic pension (benefit) cost: Interest cost $ 2.2 $ 1.7 $ 2.2 Expected return on plan assets (3.3 ) (2.8 ) (3.1 ) Amortization of net loss 0.5 0.9 0.6 Net periodic (benefit) cost $ (0.6 ) $ (0.2 ) $ (0.3 )
Schedule of Fair Value of Plan Assets	The fair value of the plan assets at December 31, 2022 by asset category is presented below: Schedule of Fair Value of Plan Assets Level 1 Level 2 Level 3 Total (in millions) Diversified fund $ — $ 40.7 $ — $ 40.7 Buy-in contract — — 28.1 28.1 Cash and other current assets 0.3 — — 0.3 Total $ 0.3 $ 40.7 $ 28.1 $ 69.1 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 The fair value of the plan assets at December 31, 2021 by asset category is presented below: Level 1 Level 2 Level 3 Total (in millions) Diversified fund $ — $ 79.1 $ — $ 79.1 Buy-in contract — — 46.1 46.1 Cash 0.5 — — 0.5 Total $ 0.5 $ 79.1 $ 46.1 $ 125.7
Schedule of Benefit Obligation and Net Periodic Benefit Cost for Plan	The table below presents the weighted-average actuarial assumptions used to determine the benefit obligation and net periodic benefit cost for the Plan. Schedule of Benefit Obligation and Net Periodic Benefit Cost for Plan December 31, 2022 December 31, 2021 Discount rate 5.00 % 2.00 % Expected return on assets 5.70 % 3.00 % RPI inflation 3.13 % 3.25 % CPI inflation – pre 2030 2.13 % 2.25 % CPI inflation – post 2030 2.93 % 3.05 % Pension increases – pre-2006 service 2.90 % 3.15 % Pension increases – post-2006 service 1.89 % 2.20 % Pension increases – post 1988 GMP – pre 2030 1.83 % 2.10 % Pension increases – post 1988 GMP – post 2030 2.21 % 2.60 %
Schedule of Benefit Payments are Expected to Be Paid	The following benefit payments are expected to be paid: Schedule of Benefit Payments are Expected to Be Paid (in millions) 2023 $ 3.2 2024 $ 2.8 2025 $ 3.2 2026 $ 3.3 2027 $ 3.6 2028 to 2032 $ 20.5

Segment Reporting and Geograp_2

Segment Reporting and Geographic Information, as restated (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segment	Segment Information Schedule of Segment Reporting Information by Segment Year Ended December 31, 2022 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 80.4 $ 54.2 $ 20.6 $ 93.2 $ — $ 248.4 Product sales 30.9 — — 2.3 — 33.2 Total revenue 111.3 54.2 20.6 95.5 — 281.6 Cost of sales, excluding depreciation and amortization: Cost of service (23.7 ) (1.8 ) (1.3 ) (44.6 ) — (71.4 ) Cost of product sales (20.4 ) — — (1.5 ) — (21.9 ) Selling, general and administrative expenses (23.8 ) (8.0 ) (8.0 ) (25.4 ) (25.9 ) (91.1 ) Stock-based compensation expense (1.6 ) (0.7 ) (0.7 ) (0.6 ) (7.2 ) (10.8 ) Acquisition and integration related transaction expenses — — — — (0.5 ) (0.5 ) Depreciation and amortization (19.6 ) (2.7 ) (2.0 ) (13.5 ) (2.1 ) (39.9 ) Segment operating income (loss) 22.2 41.0 8.6 9.9 (35.7 ) 46.0 Net operating income $ 46.0 Total assets at December 31, 2022 $ 104.3 $ 56.6 $ 12.0 $ 68.3 $ 46.0 $ 287.2 Total goodwill at beginning of period (1) $ 13.0 47.2 2.0 20.5 — 82.7 Accumulated goodwill impairment losses (2) — — — (20.5 ) — (20.5 ) Total goodwill at beginning of period, net 13.0 47.2 2.0 — — 62.2 Foreign currency translation adjustments (1.4 ) (5.1 ) (0.2 ) — — (6.7 ) Total goodwill at December 31, 2022, net $ 11.6 $ 42.1 $ 1.8 $ — $ — $ 55.5 Total capital expenditures for the year ended December 31, 2022 $ 13.1 $ 1.7 $ 3.2 $ 10.9 $ 3.6 $ 32.5 Year Ended December 31, 2021 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 58.8 $ 35.0 $ 20.7 $ 65.7 $ — $ 180.2 Product sales 22.6 — — 3.0 — 25.6 Total revenue 81.4 35.0 20.7 68.7 — 205.8 Cost of sales, excluding depreciation and amortization: Cost of service (17.3 ) (1.2 ) (1.8 ) (31.5 ) — (51.8 ) Cost of product sales (15.0 ) — — (2.8 ) — (17.8 ) Selling, general and administrative expenses (22.4 ) (7.7 ) (6.8 ) (19.5 ) (20.9 ) (77.3 ) Stock-based compensation expense (1.8 ) (0.8 ) (0.6 ) (0.6 ) (9.2 ) (13.0 ) Acquisition and integration related transaction expenses — — — — (1.6 ) (1.6 ) Depreciation and amortization (24.6 ) (3.8 ) (2.7 ) (15.9 ) (1.8 ) (48.8 ) Segment operating income (loss) 0.3 21.5 8.8 (1.6 ) (33.5 ) (4.5 ) Net operating loss $ (4.5 ) Total assets at December 31, 2021 $ 95.9 $ 59.1 $ 9.3 $ 72.5 $ 71.9 $ 308.7 Total goodwill at beginning of period (1) $ 13.2 $ 47.8 $ 2.0 $ 20.5 $ — $ 83.5 Accumulated goodwill impairment losses (2) — — — (20.5 ) — (20.5 ) Total goodwill at beginning of period, net 13.2 47.8 2.0 — — 63.0 Foreign currency translation adjustments (0.2 ) (0.6 ) — — — (0.8 ) Total goodwill at December 31, 2021, net $ 13.0 $ 47.2 $ 2.0 $ — — $ 62.2 Total capital expenditures for the year ended December 31, 2021 $ 8.7 $ 2.1 $ 2.4 $ 8.8 $ 1.4 $ 23.4 INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, AND FOR THE YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 Year Ended December 31, 2020 Gaming Virtual Sports Interactive Leisure Corporate Functions Total (in millions) Revenue: Service $ 92.2 $ 31.4 $ 12.2 $ 40.8 $ — $ 176.6 Product sales 18.9 — — 2.8 — 21.7 Total revenue 111.1 31.4 12.2 43.6 — 198.3 Cost of sales, excluding depreciation and amortization: Cost of service (21.9 ) (2.2 ) (1.5 ) (20.3 ) — (45.9 ) Cost of product sales (13.0 ) — — (2.0 ) — (15.0 ) Selling, general and administrative expenses (16.9 ) (5.4 ) (4.0 ) (20.1 ) (21.2 ) (67.6 ) Stock-based compensation expense (0.8 ) (0.4 ) (0.3 ) (0.1 ) (3.2 ) (4.8 ) Acquisition and integration related transaction expenses — — — — (7.0 ) (7.0 ) Depreciation and amortization (29.5 ) (3.9 ) (1.6 ) (16.8 ) (1.8 ) (53.6 ) Impairment of goodwill and other intangible assets — — — (22.4 ) — (22.4 ) Segment operating income (loss) 29.0 19.5 4.8 (38.1 ) (33.2 ) (18.0 ) Net operating loss $ (18.0 ) Total capital expenditures for the year ended December 31, 2020 $ 5.9 $ 3.1 $ 1.5 $ 8.7 $ 4.9 $ 24.1 (1) As a result of the October 1, 2019 acquisition of the Acquired Businesses, the Company recognized £ 26.1 Intangibles—Goodwill and Other—Goodwill 9.6 1.4 (2) During the first quarter of 2020, as a result of a triggering event caused by the impacts of the COVID-19 pandemic, we completed a qualitative and quantitative impairment analysis and determined that goodwill within the Acquired Businesses (now Leisure) reporting unit was fully impaired. Refer to Note 9, “Intangible Assets and Goodwill” for more information.
Schedule of Geographic Information	Geographic information for revenue is set forth below: Schedule of Geographic Information Year Ended Year Ended Year Ended (in millions) Total revenue UK $ 208.6 $ 148.6 $ 151.9 Greece 22.4 18.2 16.8 Rest of world 50.6 39.0 29.6 Total $ 281.6 $ 205.8 $ 198.3 Total revenue $ 281.6 $ 205.8 $ 198.3 UK revenue includes revenue from customers headquartered in the UK, but whose revenue is generated globally. Geographic information of our non-current assets excluding goodwill is set forth below: December 31, 2022 December 31, 2021 (in millions) UK $ 82.7 $ 91.4 Greece 5.8 11.7 Rest of world 16.3 19.3 Total $ 104.8 $ 122.4 Total non- current assets excluding goodwill $ 104.8 $ 122.4

Schedule of Property and Equipm

Schedule of Property and Equipment Estimated Useful Lives (Details)	12 Months Ended
	Dec. 31, 2022
Leasehold Property [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	Shorter of the useful life or the life of the lease
Server Based Gaming Terminals [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	2 years
Server Based Gaming Terminals [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	7 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	10 years
Computer Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	3 years
Computer Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	5 years

Nature of Operations, Managem_4

Nature of Operations, Management’s Plans and Summary of Significant Accounting Policies, as restated (Details Narrative) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Oct. 01, 2019
Product Information [Line Items]
Cash		$ 25	$ 47.8
Additional working capital		27
Net losses		20.6	(40.6)	$ (56.8)
Net losses		(20.6)	40.6	56.8
Depreciation and amortization		6.6	28.8	29.9
Non-cash stock-based compensation		10.8	13	4.8
Fair value of warrant liability			0.9	(3.2)
Impairment of goodwill and other intangible assets				22.4
Cash flows provided by operations amount		24.7	2.4	47.8
Cash floats held on site		2.5
Unbilled accounts receivable		18	17.4
Research and development costs		$ 18.3	$ 13.8	15.1
Goodwill, Impairment Loss	$ 20.5
Warrants outstanding		0	0
Common Stock [Member]
Product Information [Line Items]
Net losses
Net losses
Common Stock [Member] | Public Warrant [Member]
Product Information [Line Items]
Stock issued during period shares exercsie of warrants			2,651,129
Exercise of warrants			5,302,258
Common Stock [Member] | Private Warrants [Member]
Product Information [Line Items]
Stock issued during period shares exercsie of warrants			1,027,836
Exercise of warrants			9,049,230
Innov8 Gaming Limited [Member]
Product Information [Line Items]
Ownership percentage						40%
Equity method investments					$ 0.7
Customer Relationships [Member]
Product Information [Line Items]
Impairment of intangible assets	1.3
Trademarks [Member]
Product Information [Line Items]
Impairment of intangible assets	$ 0.5
Sportech Lotteries, LLC [Member]
Product Information [Line Items]
Business acquisition, percentage			100%
Capitalized [Member]
Product Information [Line Items]
Research and development costs		6.9	$ 5.9	5.2
Contract With Customer [Member]
Product Information [Line Items]
Research and development costs		2.9	1.7	2.6
Expense [Member]
Product Information [Line Items]
Research and development costs		8.5	6.2	$ 7.3
Deferred Income [Member]
Product Information [Line Items]
Working capital non-cash settled item		$ 4.6	$ 52

Restatement of Previously Iss_3

Restatement of Previously Issued Consolidated Balance Sheets (Details) £ in Millions, $ in Millions	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Oct. 01, 2019 GBP (£)
Assets
Cash	$ 25	$ 47.8
Accounts receivable, net	40.4	31.6
Inventory, net	30.3	15.5
Prepaid expenses and other current assets	31.2	29.2
Total current assets	126.9	124.1
Property and equipment, net	45.1	50.9
Software development costs, net	18.3	19.6
Other acquired intangible assets subject to amortization, net	14.6	17.4			£ 1.4
Goodwill	55.5	62.2	$ 63		£ 26.1
Operating lease right of use asset	16	19.9
Costs of obtaining and fulfilling customer contracts, net	7	7.7
Other assets	3.8	6.9
Total assets	287.2	308.7
Current liabilities
Accounts payable	23.7	20.8
Accrued expenses	29	32.9
Corporate tax and other current taxes payable	10.1	12.3
Deferred revenue, current	4.6	6.7
Operating lease liabilities	3.9	4.4
Other current liabilities	2.6	3.9
Current portion of finance lease liabilities	1	0.9
Total current liabilities	74.9	81.9
Long-term debt	277.6	309
Finance lease liabilities, net of current portion	1.2	1.9
Deferred revenue, net of current portion	2.8	5.5
Operating lease liabilities	12.3	16
Other long-term liabilities	4	3.1
Total liabilities	372.8	417.4
Commitments and contingencies
Stockholders’ deficit
Preferred stock; $0.0001 par value; 1,000,000 shares authorized
Common stock; $0.0001 par value; 49,000,000 shares authorized; 25,909,516 shares and 26,433,562 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively
Additional paid in capital	378.2	372.3
Accumulated other comprehensive income	50.8	43.8	30.8	$ 45.1
Accumulated deficit	(514.6)	(524.8)
Total stockholders’ deficit	(85.6)	(108.7)	(128.8)	$ (61.7)
Total liabilities and stockholders’ deficit	287.2	308.7
Previously Reported [Member]
Assets
Cash	25	47.8
Accounts receivable, net	40.5	31.7
Inventory, net	31	16.9
Prepaid expenses and other current assets	32.1	30
Total current assets	128.6	126.4
Property and equipment, net	44.7	50.9
Software development costs, net	35.8	35.6
Other acquired intangible assets subject to amortization, net	14.7	18.9
Goodwill	73.9	82.7
Operating lease right of use asset	8.3	10.1
Costs of obtaining and fulfilling customer contracts, net
Other assets	3.4	7.1
Total assets	309.4	331.7
Current liabilities
Accounts payable	25.7	20.8
Accrued expenses	28.5	32.6
Corporate tax and other current taxes payable	9.3	12.3
Deferred revenue, current	4.8	7.7
Operating lease liabilities	2.8	3.3
Other current liabilities	2.6	3.9
Current portion of finance lease liabilities	1	0.9
Total current liabilities	74.7	81.5
Long-term debt	277.6	309
Finance lease liabilities, net of current portion	1.2	1.9
Deferred revenue, net of current portion	3.7	6.8
Operating lease liabilities	5.9	7.4
Other long-term liabilities	4	3.1
Total liabilities	367.1	409.7
Commitments and contingencies
Stockholders’ deficit
Preferred stock; $0.0001 par value; 1,000,000 shares authorized
Common stock; $0.0001 par value; 49,000,000 shares authorized; 25,909,516 shares and 26,433,562 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively
Additional paid in capital	378.2	372.3
Accumulated other comprehensive income	46.3	43.8
Accumulated deficit	(482.2)	(494.1)
Total stockholders’ deficit	(57.7)	(78)	(101.7)
Total liabilities and stockholders’ deficit	309.4	331.7
Previous Revision [Member]
Assets
Cash
Accounts receivable, net
Inventory, net
Prepaid expenses and other current assets
Total current assets
Property and equipment, net
Software development costs, net	(1)
Other acquired intangible assets subject to amortization, net
Goodwill
Operating lease right of use asset
Costs of obtaining and fulfilling customer contracts, net
Other assets
Total assets	(1)
Current liabilities
Accounts payable
Accrued expenses
Corporate tax and other current taxes payable
Deferred revenue, current
Operating lease liabilities
Other current liabilities
Current portion of finance lease liabilities
Total current liabilities
Long-term debt
Finance lease liabilities, net of current portion
Deferred revenue, net of current portion
Operating lease liabilities
Other long-term liabilities
Total liabilities
Commitments and contingencies
Stockholders’ deficit
Preferred stock; $0.0001 par value; 1,000,000 shares authorized
Common stock; $0.0001 par value; 49,000,000 shares authorized; 25,909,516 shares and 26,433,562 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively
Additional paid in capital
Accumulated other comprehensive income	0.1
Accumulated deficit	(1.1)
Total stockholders’ deficit	(1)
Total liabilities and stockholders’ deficit	(1)
Revision of Prior Period, Reclassification, Adjustment [Member]
Assets
Cash
Accounts receivable, net	(0.1)	(0.1)
Inventory, net	(0.7)	(1.4)
Prepaid expenses and other current assets	(0.9)	(0.8)
Total current assets	(1.7)	(2.3)
Property and equipment, net	0.4
Software development costs, net	(16.5)	(16)
Other acquired intangible assets subject to amortization, net	(0.1)	(1.5)
Goodwill	(18.4)	(20.5)
Operating lease right of use asset	7.7	9.8
Costs of obtaining and fulfilling customer contracts, net	7	7.7
Other assets	0.4	(0.2)
Total assets	(21.2)	(23)
Current liabilities
Accounts payable	(2)
Accrued expenses	0.5	0.3
Corporate tax and other current taxes payable	0.8
Deferred revenue, current	(0.2)	(1)
Operating lease liabilities	1.1	1.1
Other current liabilities
Current portion of finance lease liabilities
Total current liabilities	0.2	0.4
Long-term debt
Finance lease liabilities, net of current portion
Deferred revenue, net of current portion	(0.9)	(1.3)
Operating lease liabilities	6.4	8.6
Other long-term liabilities
Total liabilities	5.7	7.7
Commitments and contingencies
Stockholders’ deficit
Preferred stock; $0.0001 par value; 1,000,000 shares authorized
Common stock; $0.0001 par value; 49,000,000 shares authorized; 25,909,516 shares and 26,433,562 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively
Additional paid in capital
Accumulated other comprehensive income	4.4
Accumulated deficit	(31.3)	(30.7)
Total stockholders’ deficit	(26.9)	(30.7)	$ (27.1)
Total liabilities and stockholders’ deficit	$ (21.2)	$ (23)

Restatement of Previously Iss_4

Restatement of Previously Issued Consolidated Balance Sheets (Details) (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Accounting Changes and Error Corrections [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	49,000,000	49,000,000
Common stock, shares issued	25,909,516	26,433,562
Common stock, shares outstanding	25,909,516	26,433,562

Restatement of Previously Iss_5

Restatement of Previously Issued consolidated statement of operations (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue:
Total Revenue		$ 281.6	$ 205.8	$ 198.3
Cost of Sales
Cost of service	[1]	(71.4)	(51.8)	(45.9)
Selling, general, and administrative		(101.9)	(90.3)	(72.4)
Acquisition and integration related transaction expenses		(0.5)	(1.6)	(7)
Depreciation and amortization		(39.9)	(48.8)	(53.6)
Net operating income (loss)		46	(4.5)	(18)
Other expense
Interest expense, net		(25.3)	(44.3)	(30)
Gain on disposal of business		0.9
Other finance income (expense)		1.1	5.7	(4.7)
Total other expense, net		(23.3)	(37.7)	(38.4)
Income (loss) before income taxes		22.7	(42.2)	(56.4)
Income tax (expense) benefit		(2.1)	1.6	(0.4)
Net income (loss)		20.6	(40.6)	(56.8)
Other comprehensive income (loss)
Foreign currency translation gain (loss)		12.7	0.7	(5.7)
Change in fair value of hedging instrument			0.3	(2.9)
Reclassification of loss (gain) on hedging instrument to comprehensive income		0.7	1.5	1.5
Actuarial (losses) gains on pension plan		(6.4)	10.5	(7.2)
Other comprehensive income (loss)		7	13	(14.3)
Comprehensive income (loss)		$ 27.6	$ (27.6)	$ (71.1)
Net income (loss) per common share - basic		$ 0.73	$ (1.66)	$ (2.39)
Net income (loss) per common share - diluted		$ 0.71	$ (1.66)	$ (2.39)
Weighted average number of shares outstanding during the year - basic		28,049,918	24,402,461	23,717,521
Weighted average number of shares outstanding during the year - diluted		29,092,855	24,402,461	23,717,521
Change in fair value of warrant liability			$ 0.9	$ (3.2)
Impairment of goodwill and intangibles				(22.4)
Loss from equity method investee				(0.5)
Service [Member]
Revenue:
Total Revenue		248.4	180.2	176.6
Product Sales [Member]
Revenue:
Total Revenue		33.2	25.6	21.7
Previously Reported [Member]
Revenue:
Total Revenue		285.4	208.9	199.8
Cost of Sales
Cost of service		(49.3)	(34.3)	(30.1)
Selling, general, and administrative		(126.4)	(110.2)	(89.6)
Acquisition and integration related transaction expenses		(0.5)	(1.6)	(7)
Depreciation and amortization		(37.6)	(47)	(52.3)
Net operating income (loss)		48.9	(0.6)	6.4
Other expense
Interest expense, net		(25.4)	(44.3)	(30)
Gain on disposal of business		0.9
Other finance income (expense)		1.1	5.7	(4.7)
Total other expense, net		(23.4)	(37.7)	(38.4)
Income (loss) before income taxes		25.5	(38.3)	(32)
Income tax (expense) benefit		(3.2)	1.6	(0.4)
Net income (loss)		22.3	(36.7)	(32.4)
Other comprehensive income (loss)
Foreign currency translation gain (loss)		8.2	0.4	(5.4)
Change in fair value of hedging instrument			0.3	(2.9)
Reclassification of loss (gain) on hedging instrument to comprehensive income		0.7	1.5	1.5
Actuarial (losses) gains on pension plan		(6.4)	10.5	(7.2)
Other comprehensive income (loss)		2.5	12.7	(14)
Comprehensive income (loss)		$ 24.8	$ (24)	$ (46.4)
Net income (loss) per common share - basic		$ 0.84	$ (1.60)	$ (1.45)
Net income (loss) per common share - diluted		$ 0.77	$ (1.60)	$ (1.45)
Weighted average number of shares outstanding during the year - basic		26,446,374	22,897,997	22,399,333
Weighted average number of shares outstanding during the year - diluted		29,035,785	22,897,997	22,399,333
Change in fair value of warrant liability			$ 0.9	$ (3.2)
Impairment of goodwill and intangibles
Loss from equity method investee				(0.5)
Previously Reported [Member] | Service [Member]
Revenue:
Total Revenue		$ 251.8	183.3	178.7
Previously Reported [Member] | Product Sales [Member]
Revenue:
Total Revenue		33.6	25.6	21.1
Previous Revision [Member]
Revenue:
Total Revenue
Cost of Sales
Cost of service
Selling, general, and administrative
Acquisition and integration related transaction expenses
Depreciation and amortization		(1.1)
Net operating income (loss)		(1.1)
Other expense
Interest expense, net
Gain on disposal of business
Other finance income (expense)
Total other expense, net
Income (loss) before income taxes		(1.1)
Income tax (expense) benefit
Net income (loss)		(1.1)
Other comprehensive income (loss)
Foreign currency translation gain (loss)
Change in fair value of hedging instrument
Reclassification of loss (gain) on hedging instrument to comprehensive income
Actuarial (losses) gains on pension plan
Other comprehensive income (loss)
Comprehensive income (loss)		$ (1.1)
Net income (loss) per common share - basic		$ (0.04)
Net income (loss) per common share - diluted		$ (0.04)
Weighted average number of shares outstanding during the year - basic
Weighted average number of shares outstanding during the year - diluted
Previous Revision [Member] | Service [Member]
Revenue:
Total Revenue
Previous Revision [Member] | Product Sales [Member]
Revenue:
Total Revenue
Revision of Prior Period, Reclassification, Adjustment [Member]
Revenue:
Total Revenue		(3.8)	(3.1)	(1.5)
Cost of Sales
Cost of service		(22.1)	(17.5)	(15.8)
Selling, general, and administrative		24.5	19.9	17.2
Acquisition and integration related transaction expenses
Depreciation and amortization		(1.2)	(1.8)	(1.3)
Net operating income (loss)		(1.8)	(3.9)	(24.4)
Other expense
Interest expense, net		0.1
Gain on disposal of business
Other finance income (expense)
Total other expense, net		0.1
Income (loss) before income taxes		(1.7)	(3.9)	(24.4)
Income tax (expense) benefit		1.1
Net income (loss)		(0.6)	(3.9)	(24.4)
Other comprehensive income (loss)
Foreign currency translation gain (loss)		4.5	0.3	(0.3)
Change in fair value of hedging instrument
Reclassification of loss (gain) on hedging instrument to comprehensive income
Actuarial (losses) gains on pension plan
Other comprehensive income (loss)		4.5	0.3	(0.3)
Comprehensive income (loss)		$ 3.9	$ (3.6)	$ (24.7)
Net income (loss) per common share - basic		$ (0.07)	$ (0.06)	$ (0.94)
Net income (loss) per common share - diluted		$ (0.02)	$ (0.06)	$ (0.94)
Weighted average number of shares outstanding during the year - basic		1,603,544	1,504,464	1,318,188
Weighted average number of shares outstanding during the year - diluted		57,070	1,504,464	1,318,188
Change in fair value of warrant liability
Impairment of goodwill and intangibles				(22.4)
Loss from equity method investee
Revision of Prior Period, Reclassification, Adjustment [Member] | Service [Member]
Revenue:
Total Revenue		$ (3.4)	(3.1)	(2.1)
Revision of Prior Period, Reclassification, Adjustment [Member] | Product Sales [Member]
Revenue:
Total Revenue		$ (0.4)		$ 0.6
[1]Excluding depreciation and amortization

Restatement of Previously Iss_6

Restatement of Previously Issued Consolidated Statements of Stockholders' Equity (Deficit) (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	$ (85.6)	$ (108.7)	$ (128.8)	$ (61.7)
Common Stock [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance
Balance, shares	25,909,516	26,433,562	22,430,475	22,230,768
Additional Paid-in Capital [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	$ 378.2	$ 372.3	$ 324.6	$ 320.6
AOCI Attributable to Parent [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	50.8	43.8	30.8	45.1
Retained Earnings [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	(514.6)	(524.8)	(484.2)	$ (427.4)
Previously Reported [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	(57.7)	(78)	(101.7)
Previously Reported [Member] | Common Stock [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance
Balance, shares	25,909,516	26,433,562	22,430,475
Previously Reported [Member] | Additional Paid-in Capital [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	$ 378.2	$ 372.3	$ 324.6
Previously Reported [Member] | AOCI Attributable to Parent [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	46.3	43.8	31.1
Previously Reported [Member] | Retained Earnings [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	(482.2)	(494.1)	(457.4)
Revision of Prior Period, Reclassification, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	(26.9)	$ (30.7)	(27.1)
Revision of Prior Period, Reclassification, Adjustment [Member] | Common Stock [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance
Balance, shares
Revision of Prior Period, Reclassification, Adjustment [Member] | Additional Paid-in Capital [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance
Revision of Prior Period, Reclassification, Adjustment [Member] | AOCI Attributable to Parent [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	4.4		(0.3)
Revision of Prior Period, Reclassification, Adjustment [Member] | Retained Earnings [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	(31.3)		$ (26.8)
Previous Revision [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	(1)
Previous Revision [Member] | Common Stock [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance
Balance, shares
Previous Revision [Member] | Additional Paid-in Capital [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance
Previous Revision [Member] | AOCI Attributable to Parent [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	0.1
Previous Revision [Member] | Retained Earnings [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Balance	$ (1.1)

Restatement of Previously Iss_7

Restatement of Previously Issued Consolidated Statements of Cashflows (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net income(loss)	$ 20.6	$ (40.6)	$ (56.8)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	39.9	48.8	53.6
Amortization of right of use asset	3.5	4.5	4.5
Profit on disposal of trade and assets	(0.9)
Stock-based compensation expense	10.8	13	4.8
Reclassification of loss on hedging instrument to comprehensive income	0.7	1.5	0.9
Non-cash interest expense relating to senior debt	1.8	17.2	3.4
Contract cost expense	(7.2)	(6.3)	(7.6)
Changes in assets and liabilities:
Accounts receivable	(12.1)	(4.7)	(2.8)
Inventory	(16.7)	3.2	1.4
Prepaid expenses and other assets	(4.3)	(12.4)	10.7
Corporate tax and other current taxes payable	(6.1)	(9.7)
Accounts payable	5.1	2.8	(4.7)
Deferred revenues and customer prepayment	(4.4)	(5.9)	(4.9)
Accrued expenses	0.7	1	11.1
Operating lease liabilities	(3.7)	(4)	(3.7)
Other long-term liabilities	(3)	(0.4)	(0.6)
Net cash provided by operating activities	24.7	2.4	47.8
Cash flows from financing activities:
Purchases of property and equipment	(22.2)	(11.3)	(15.3)
Acquisition of subsidiary company assets	(0.6)	(12.4)
Disposal of trade and assets	1.3
Purchases of capital software	(11.1)	(8.7)	(8.4)
Net cash used in investing activities	(32.6)	(32.4)	(23.7)
Cash flows from financing activities:
Repurchase of common stock	(10.4)
Repayments of finance leases	(0.6)	(0.6)	(0.9)
Net cash (used in) provided by financing activities	(11)	31.2	(8.2)
Effect of exchange rate changes on cash	(3.9)	(0.5)	2.1
Net increase in cash	(22.8)	0.7	18
Cash, beginning of period	47.8	47.1	29.1
Cash, end of period	25	47.8	47.1
Supplemental cash flow disclosures
Cash paid during the period for interest	23	30.8	13.3
Cash paid during the period for income taxes		1.2	0.2
Cash paid during the period for operating leases	7.8	6.6	4.6
Supplemental disclosure of noncash investing and financing activities
Additional paid in capital from net settlement of RSUs	(4.1)	(6.4)	(0.7)
Lease liabilities arising from obtaining right of use assets	(1.8)		(10.2)
Adjustment to customer relationships intangible asset arising from adjustment to fair value of assets acquired	(0.9)
Property and equipment transferred to inventory	0.8	1.3
Impairment of investment in equity method investee			0.5
Unrealized transactional currency gain/loss on senior bank debt		(4.7)	5.6
Change in fair value of warrant liability		(0.9)	3.2
Proceeds from issuance of long-term debt		333.1
Proceeds from exercise of warrants		30.5
Repayments of revolver and long-term debt, including exit premium		(320.6)	(4.2)
Payment of debt issuance costs		(9.1)	(3.1)
Cash paid in connection with terminated interest rate swaps		(2.1)
Property and equipment acquired through finance lease		2.6	1.5
Net loss			(56.8)
Impairment of goodwill and intangibles			22.4
Corporate tax and other current taxes payable	(6.1)	(9.7)	6.8
Adjustment to goodwill arising from adjustment to fair value of assets acquired			(0.2)
Capitalized interest payments			10.6
Assets arising from asset retirement obligations			1
Previously Reported [Member]
Cash flows from operating activities:
Net income(loss)	22.3	(36.7)	(32.4)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	37.6	47	52.3
Amortization of right of use asset	2.4	3.3	3.6
Profit on disposal of trade and assets
Stock-based compensation expense	10.8	13	4.8
Reclassification of loss on hedging instrument to comprehensive income	0.7	1.5	0.9
Non-cash interest expense relating to senior debt	1.8	17.2	3.4
Contract cost expense
Changes in assets and liabilities:
Accounts receivable	(12)	(4.9)	(2.9)
Inventory	(16)	1.6	1.3
Prepaid expenses and other assets	(3.8)	(13.9)	8.8
Corporate tax and other current taxes payable	(6.7)	(9.9)
Accounts payable	7.5	2.8	(4.8)
Deferred revenues and customer prepayment	(5.2)	(6.7)	(5.7)
Accrued expenses	0.8	0.7	10.9
Operating lease liabilities	(2.6)	(2.9)	(2.8)
Other long-term liabilities	(2.9)	(0.4)	(0.6)
Net cash provided by operating activities	34.7	6.2	52.9
Cash flows from financing activities:
Purchases of property and equipment	(21.2)	(11.6)	(15.4)
Acquisition of subsidiary company assets	(0.6)	(12.5)
Disposal of trade and assets
Purchases of capital software	(18.6)	(13.8)	(14.5)
Net cash used in investing activities	(40.4)	(37.9)	(29.9)
Cash flows from financing activities:
Repurchase of common stock	(10.4)
Repayments of finance leases	(0.6)	(0.6)	(0.9)
Net cash (used in) provided by financing activities	(11)	31.2	(8.2)
Effect of exchange rate changes on cash	(6.1)	1.2	3.2
Net increase in cash	(22.8)	0.7	18
Cash, beginning of period	47.8	47.1	29.1
Cash, end of period	25	47.8	47.1
Supplemental cash flow disclosures
Cash paid during the period for interest	23	30.8	13.3
Cash paid during the period for income taxes		1.2	0.2
Cash paid during the period for operating leases	4.3	4.4	3.3
Supplemental disclosure of noncash investing and financing activities
Additional paid in capital from net settlement of RSUs	(4.1)	(6.4)	(0.7)
Lease liabilities arising from obtaining right of use assets	(1.8)		(6.8)
Adjustment to customer relationships intangible asset arising from adjustment to fair value of assets acquired	(0.9)
Property and equipment transferred to inventory	0.8	1.3
Impairment of investment in equity method investee			0.7
Unrealized transactional currency gain/loss on senior bank debt		(4.6)	5.6
Change in fair value of warrant liability		(0.9)	3.2
Proceeds from issuance of long-term debt		333.1
Proceeds from exercise of warrants		30.5
Repayments of revolver and long-term debt, including exit premium		(320.6)	(4.2)
Payment of debt issuance costs		(9.1)	(3.1)
Cash paid in connection with terminated interest rate swaps		(2.1)
Property and equipment acquired through finance lease		2.6	1.5
Net loss			(32.4)
Impairment of goodwill and intangibles
Corporate tax and other current taxes payable			6.6
Adjustment to goodwill arising from adjustment to fair value of assets acquired			(0.2)
Capitalized interest payments			10.6
Assets arising from asset retirement obligations			1
Previous Revision [Member]
Cash flows from operating activities:
Net income(loss)	(1.1)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	(1.1)
Amortization of right of use asset
Profit on disposal of trade and assets
Stock-based compensation expense
Reclassification of loss on hedging instrument to comprehensive income
Non-cash interest expense relating to senior debt
Contract cost expense
Changes in assets and liabilities:
Accounts receivable
Inventory
Prepaid expenses and other assets
Corporate tax and other current taxes payable
Accounts payable
Deferred revenues and customer prepayment
Accrued expenses
Operating lease liabilities
Other long-term liabilities
Net cash provided by operating activities	(2.2)
Cash flows from financing activities:
Purchases of property and equipment
Acquisition of subsidiary company assets
Disposal of trade and assets
Purchases of capital software
Net cash used in investing activities
Cash flows from financing activities:
Repurchase of common stock
Repayments of finance leases
Net cash (used in) provided by financing activities
Effect of exchange rate changes on cash
Net increase in cash
Cash, beginning of period
Cash, end of period
Supplemental cash flow disclosures
Cash paid during the period for interest
Cash paid during the period for income taxes
Cash paid during the period for operating leases
Supplemental disclosure of noncash investing and financing activities
Additional paid in capital from net settlement of RSUs
Lease liabilities arising from obtaining right of use assets
Adjustment to customer relationships intangible asset arising from adjustment to fair value of assets acquired
Property and equipment transferred to inventory
Revision of Prior Period, Reclassification, Adjustment [Member]
Cash flows from operating activities:
Net income(loss)	(0.6)	(3.9)	(24.4)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	3.4	1.8	1.3
Amortization of right of use asset	1.1	1.2	0.9
Profit on disposal of trade and assets	(0.9)
Stock-based compensation expense
Reclassification of loss on hedging instrument to comprehensive income
Non-cash interest expense relating to senior debt
Contract cost expense	(7.2)	(6.3)	(7.6)
Changes in assets and liabilities:
Accounts receivable	(0.1)	0.2	0.1
Inventory	(0.7)	1.6	0.1
Prepaid expenses and other assets	(0.5)	1.5	1.9
Corporate tax and other current taxes payable	0.6	0.2
Accounts payable	(2.4)		0.1
Deferred revenues and customer prepayment	0.8	0.8	0.8
Accrued expenses	(0.1)	0.3	0.2
Operating lease liabilities	(1.1)	(1.1)	(0.9)
Other long-term liabilities	(0.1)
Net cash provided by operating activities	(7.8)	(3.8)	(5.1)
Cash flows from financing activities:
Purchases of property and equipment	(1)	0.3	0.1
Acquisition of subsidiary company assets		0.1
Disposal of trade and assets	1.3
Purchases of capital software	7.5	5.1	6.1
Net cash used in investing activities	7.8	5.5	6.2
Cash flows from financing activities:
Repurchase of common stock
Repayments of finance leases
Net cash (used in) provided by financing activities
Effect of exchange rate changes on cash	2.2	(1.7)	(1.1)
Net increase in cash
Cash, beginning of period
Cash, end of period
Supplemental cash flow disclosures
Cash paid during the period for interest
Cash paid during the period for income taxes
Cash paid during the period for operating leases	3.5	2.2	1.3
Supplemental disclosure of noncash investing and financing activities
Additional paid in capital from net settlement of RSUs
Lease liabilities arising from obtaining right of use assets			(3.4)
Adjustment to customer relationships intangible asset arising from adjustment to fair value of assets acquired
Property and equipment transferred to inventory
Impairment of investment in equity method investee			(0.2)
Unrealized transactional currency gain/loss on senior bank debt		(0.1)
Change in fair value of warrant liability
Proceeds from issuance of long-term debt
Proceeds from exercise of warrants
Repayments of revolver and long-term debt, including exit premium
Payment of debt issuance costs
Cash paid in connection with terminated interest rate swaps
Property and equipment acquired through finance lease
Net loss			(24.4)
Impairment of goodwill and intangibles			22.4
Corporate tax and other current taxes payable			0.2
Adjustment to goodwill arising from adjustment to fair value of assets acquired
Capitalized interest payments
Assets arising from asset retirement obligations

Restatement of Previously Iss_8

Restatement of Previously Issued Financial Statements (Details Narrative) - USD ($) $ in Millions		1 Months Ended			12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reseach and development expenses		$ 16.5	$ 16		$ 1
Selling and administrative expenses		4.6	3	$ 3.1
Depreciation and amortization		3.4	1.7	$ 2.1	1.1
Property and equipment, net		45.1	50.9		45.1	$ 50.9
Costs of obtaining and fulfilling customer contracts net		7	7.7		7	7.7
Revenue					281.6	205.8	$ 198.3
Cost of service	[1]				71.4	51.8	45.9
Cost of product sales					21.9	17.8	15
Interest expense					25.3	44.3	30
Depreciation and amortization					21.5	25.9	29.9
Service [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue					248.4	180.2	176.6
Product Sales [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue					33.2	25.6	21.7
Revision of Prior Period, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Depreciation and amortization					0.2	0.2	0.1
Property and equipment, net		0.4			0.4
Deferred revenue current		0.2	1		0.2	1
Deferred revenue net current position		0.9	1.3		0.9	1.3
Costs of obtaining and fulfilling customer contracts net		0.8			0.8
Cost of service					7.4	6	4.5
Cost of product sales					0.4
Interest expense					0.1
Depreciation and amortization					4.5	3.7	3.5
Acquired intangible assets					1.2	1.5
Impairment of goodwill and intangibles							22.4
Operating lease right of use asset					7.7	9.8
Operating lease liabilities current					1.1	1.1
Operating lease liabilities noncurrent					6.4	8.6
Revision of Prior Period, Adjustment [Member] | Service [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue					3.2	$ 3.1	$ 2.1
Revision of Prior Period, Adjustment [Member] | Product Sales [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue					$ 0.4
Short-Term Contract with Customer [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reseach and development expenses		$ 6.6	$ 6.7
[1]Excluding depreciation and amortization

Acquisitions and Disposals (Det

Acquisitions and Disposals (Details Narrative) € in Millions, $ in Millions		1 Months Ended
	Dec. 31, 2021 USD ($)	Jan. 31, 2022 USD ($)	Jan. 31, 2022 EUR (€)	Dec. 31, 2022 USD ($)
Business Acquisition [Line Items]
Total proceeds		$ 1.3	€ 1.1
Profit on disposal		$ 0.9	€ 0.8
Business acquisition, receivable				$ 0.9
Sportech Lotteries, LLC [Member]
Business Acquisition [Line Items]
Business acquisition, percentage	100%
Business acquisition, acquired intangible assets	$ 12.4
Business acquisition, acquired intangible assets remaining useful life	13 years 2 months 12 days

Schedule of Accounts Receivable

Schedule of Accounts Receivable (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Trade receivables	$ 44.6	$ 36.2
Less: long-term receivable recorded in other assets	(3)	(3.5)
Finance lease receivables	0.2	0.7
Allowance for doubtful accounts	(1.4)	(1.8)
Total accounts receivable, net	$ 40.4	$ 31.6

Schedule of Changes in Allowanc

Schedule of Changes in Allowance for Doubtful Accounts (Details) - USD ($) $ in Millions	1 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Beginning balance	$ (1.8)	$ (2.3)
Additional provision for doubtful accounts	(0.2)	(0.7)
Recoveries		0.1
Write offs	0.4	1.1
Foreign currency translation adjustments	0.2
Ending balance	$ (1.4)	$ (1.8)

Schedule of Inventory (Details)

Schedule of Inventory (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Component parts	$ 20.7	$ 9.4
Work in progress	3.6	1.6
Finished goods	6	4.5
Total inventories	$ 30.3	$ 15.5

Inventory, as restated (Details

Inventory, as restated (Details Narrative) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Reserves for excess and slow-moving inventory	$ 2.5	$ 2

Schedule of Prepaid Expenses an

Schedule of Prepaid Expenses and Other Assets (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses and other assets	$ 13.2	$ 11.5
Unbilled accounts receivable	18	17.4
Corporate tax and other current taxes receivable		0.3
Total prepaid expenses and other assets	$ 31.2	$ 29.2

Schedule of Property and Equi_2

Schedule of Property and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Property and equipment, gross	$ 186	$ 196.7
Less: accumulated depreciation and amortization	(140.9)	(145.8)
Property and equipment, net	45.1	50.9
Short Term Leasehold Property [Member]
Finite-Lived Intangible Assets [Line Items]
Property and equipment, gross	3.1	3.2
Server Based Gaming Terminals [Member]
Finite-Lived Intangible Assets [Line Items]
Property and equipment, gross	168.1	178.8
Computer Equipment [Member]
Finite-Lived Intangible Assets [Line Items]
Property and equipment, gross	10.9	10.6
Plant And Machinery [Member]
Finite-Lived Intangible Assets [Line Items]
Property and equipment, gross	$ 3.9	$ 4.1

Property and Equipment, net, _3

Property and Equipment, net, as restated (Details Narrative) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expenses	$ 21.5	$ 25.9	$ 29.9

Schedule of Software Developmen

Schedule of Software Development Costs (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Research and Development [Abstract]
Software development costs	$ 125.2	$ 128.9
Less: accumulated amortization	(106.9)	(109.3)
Software development Costs, net	$ 18.3	$ 19.6

Schedule of Estimated Software

Schedule of Estimated Software Amortization Expense (Details) $ in Millions	Dec. 31, 2022 USD ($)
Research and Development [Abstract]
2023	$ 6.1
2024	2.8
2025	1.6
2026	0.3
2027
Thereafter
Total	$ 10.8

Software Development Costs, n_3

Software Development Costs, net, as restated (Details Narrative) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Software development cost capitalized	$ 10.8	$ 8.8
Software development costs	125.2	128.9
Capitalized computer software, amortization	9.5	15.7	$ 15.2
Capitalized computer software, written down	$ 0.4	$ 0.2	$ 0
Capitalized computer software, amortization period	3 years 10 months 24 days	3 years 4 months 24 days
Internal Use Software [Member]
Finite-Lived Intangible Assets [Line Items]
Software development costs	$ 1.3	$ 1.1

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 48.1	$ 53.1
Less: accumulated amortization	(33.5)	(35.7)
Intangible assets, net	14.6	17.4
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	19.4	21.6
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 28.7	$ 31.5

Schedule of Estimated Intangibl

Schedule of Estimated Intangible Asset Amortization Expense (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 1.6
2024	1.6
2025	1.6
2026	1.6
2027	1.5
Thereafter	6.7
Intangible assets, net	$ 14.6	$ 17.4

Schedule of Goodwill (Details)

Schedule of Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021	Dec. 31, 2020	[1]
Goodwill and Intangible Assets Disclosure [Abstract]
Balance at beginning of period	$ 82.7	[1]	$ 83.5	$ 83.5
Accumulated goodwill impairment losses	(20.5)		(20.5)
Balance at beginning of period, net	62.2		63
Foreign currency translation adjustments	(6.7)		(0.8)
Ending balance, net	$ 55.5		$ 62.2
[1]As a result of the October 1, 2019 acquisition of the Acquired Businesses, the Company recognized £ 26.1 Intangibles—Goodwill and Other—Goodwill 9.6 1.4

Intangible Assets and Goodwil_3

Intangible Assets and Goodwill, as restated (Details Narrative) - USD ($) $ in Millions		3 Months Ended	12 Months Ended
	Oct. 01, 2019	Mar. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Total impairments		$ 20.5			$ 22.4
Amortization of intangible assets			$ 1.5	$ 0.7	$ 2.3
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Trademarks			$ 1.3
Total impairments		1.3
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Trademarks				$ 0.5
Total impairments		$ 0.5
Gaming Technology Group [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill	(i) all of the outstanding equity interests of each of (a) Astra Games Ltd, (b) Bell-Fruit Group Limited, (c) Gamestec Leisure Limited, (d) Harlequin Gaming Limited, and (e) Playnation Limited, and (ii) 60% of the outstanding equity interests of Innov8 Gaming Limited (“Innov8”, and together with the entities described in clause (i) and certain of their subsidiaries, the “Acquired Businesses” and the transactions contemplated by the SPA, the “NTG Acquisition”). The consideration for the NTG Acquisition totaled approximately €107.0 million ($116.6 million) in cash. The excess of the purchase price over the fair value of the net assets acquired has been recorded as goodwill in the amount of €26.1 million at the close of the acquisition, with €15.1 million of goodwill allocated to the Acquired Businesses reporting unit and the remaining goodwill amounts allocated to existing reporting units

Schedule of Other Assets (Detai

Schedule of Other Assets (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Long term finance lease receivable	$ 0.6	$ 0.3
Pension asset		3
Long term receivables	3	3.5
Long term prepaid expenses and other assets	0.2	0.1
Total	$ 3.8	$ 6.9

Schedule of Accrued Expenses (D

Schedule of Accrued Expenses (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Payroll and related costs	$ 10.3	$ 8.1
Cost of sales including inventory	9.2	12.6
Non-current asset costs	2.2	0.7
Interest payable - cash	1.8	2
Selling, general and administrative costs	2	2.5
Tax and professional fees	1.7	2.8
Asset retirement obligations and other property related costs	1.5	3.5
Other creditors	0.3	0.7
Accrued expenses, net	$ 29	$ 32.9

Schedule of Contract Related Ba

Schedule of Contract Related Balances (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Contract Liabilities And Other Disclosures As Restated
Accounts Receivable	$ 44.6	$ 36.2	$ 30.2
Unbilled Accounts Receivable	18	17.4	8.7
Deferred Income	(7.4)	(12.2)	(19.8)
Customer Prepayments and Deposits	$ (2.4)	$ (3.9)	$ (1.6)

Schedule of Customer Contract (

Schedule of Customer Contract (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Contract Liabilities And Other Disclosures As Restated
Costs to obtain contracts with customers, net	$ 0.4	$ 1
Customer contract fulfillment costs, net	6.6	6.7
Total costs of obtaining and fulfilling customer contracts, net	$ 7	$ 7.7

Contract Liabilities and Othe_3

Contract Liabilities and Other Disclosures, as restated (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Deferred income	$ 7,000,000	$ 10,200,000	$ 8,800,000
Amortization of capitalized contract costs	7,000,000	6,400,000	6,200,000
Capitalized contract cost Impairment losses			$ 0
Remaining performance obligations	$ 31,900,000
Next Twelve Months [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Revenue percentage	51%
Between Thirteen and Thirty Six Months [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Revenue percentage	44%
Between Thirty Seven and Sixty Months [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Revenue percentage	5%

Schedule of Other Liabilities (

Schedule of Other Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Customer prepayments and deposits	$ 2.4	$ 3.9	$ 1.6
Total other liabilities, current	2.6	3.9
Total other liabilities, long-term	4	3.1
Other Liabilities [Member]
Customer prepayments and deposits	2.4	3.9
Foreign exchange contract liabilities	0.2
Total other liabilities, current	2.6	3.9
Asset retirement obligations	1.1	1.8
Other creditors	0.8	1.3
Pension liability	2.1
Total other liabilities, long-term	4	3.1
Total other liabilities	$ 6.6	$ 7

Schedule of Outstanding Debt an

Schedule of Outstanding Debt and Finance Leases (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Extinguishment of Debt [Line Items]
Senior debt	$ 277.6	$ 309
Finance lease liabilities	2.2	2.8
Total long-term debt outstanding	279.8	311.8
Less: current portion of long-term debt	(1)	(0.9)
Long-term debt, excluding current portion	278.8	310.9
Long-Term Debt [Member]
Extinguishment of Debt [Line Items]
Senior debt	282.9	316.7
Unamortized deferred financing charge	(5.3)	(7.7)
Finance lease liabilities	2.2	2.8
Unamortized deferred financing charge, Finance lease liabilities
Total long-term debt outstanding	285.1	319.5
Unamortized deferred financing charge, Total long-term debt outstanding	(5.3)	(7.7)
Less: current portion of long-term debt	(1)	(0.9)
Unamortized deferred financing charge, Less: current portion of long-term debt
Long-term debt, excluding current portion	284.1	318.6
Unamortized deferred financing charge, Long-term debt, excluding current portion	$ (5.3)	$ (7.7)

Schedule of Maturities of Long-

Schedule of Maturities of Long-term Debt (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Senior bank debt, 2023
Finance leases, 2023	1
Total, 2023	1
Senior bank debt, 2024
Finance leases, 2024	0.7
Total, 2024	0.7
Senior bank debt, 2025
Finance leases, 2025	0.5
Total, 2025	0.5
Senior bank debt, 2026	282.9
Finance leases, 2026
Total, 2026	282.9
Senior bank debt, 2027
Finance leases, 2027
Total, 2027
Senior bank debt, Total	282.9
Finance leases, Total	2.2	$ 2.8
Total	$ 285.1

Long Term and Other Debt (Detai

Long Term and Other Debt (Details Narrative) € in Millions, £ in Millions, $ in Millions					12 Months Ended
	May 20, 2021 USD ($)	May 20, 2021 USD ($)	Jun. 25, 2020 USD ($)	Jun. 25, 2020 GBP (£)	Dec. 31, 2022 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2022 EUR (€)	Dec. 31, 2022 GBP (£)	May 20, 2021 GBP (£)
Debt Instrument [Line Items]
Principal of face amount					$ 24.1			£ 20
Debt interest rate					5.50%		5.50%	5.50%
Interest expense					$ 0.7
Senior Facilities Agreement [Member]
Debt Instrument [Line Items]
Principal of face amount					$ 168.6			£ 140
Debt interest rate					7.25%		7.25%	7.25%
Debt fee						$ 3.1
Interest expense						$ 1
Senior Facilities Agreement [Member] | London Interbank Offered Rate Libor Swap Rates [Member]
Debt Instrument [Line Items]
Principal of face amount					$ 96.1		€ 90
Debt interest rate					6.75%		6.75%	6.75%
Senior Facilities Agreement [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Principal of face amount					$ 24.1			£ 20
Senior Facilities Agreement [Member] | London Interbank Offered Rate Libor Swap Rates [Member]
Debt Instrument [Line Items]
Cash interest cost percentage					30%
Tranches One of Senior Secured Term Loans [Member] | Senior Facilities Agreement [Member]
Debt Instrument [Line Items]
Principal of face amount					$ 168.6			140
Tranche Two of Senior Secured Term Loans [Member] | Senior Facilities Agreement [Member]
Debt Instrument [Line Items]
Principal of face amount					96.1		€ 90
Termination of Prior Financing [Member]
Debt Instrument [Line Items]
Debt fee	$ 14.4	$ 14.4
Minimum [Member] | Amendment and Restatement Agreement [Member] | London Interbank Offered Rate Libor Swap Rates [Member]
Debt Instrument [Line Items]
Debt interest rate			1%	1%
Senior Secured Notes [Member] | Termination of Prior Financing [Member] | Tranche One [Member]
Debt Instrument [Line Items]
Principal of face amount					$ 175.5			£ 145.8
Debt interest rate					8.25%		8.25%	8.25%
Senior Secured Notes [Member] | Termination of Prior Financing [Member] | Tranche Two [Member]
Debt Instrument [Line Items]
Principal of face amount					$ 99.4		€ 93.1
Debt interest rate					7.75%		7.75%	7.75%
Senior Secured Notes [Member] | Inspired Entertainment Financing PLC [Member]
Debt Instrument [Line Items]
Principal of face amount					$ 282.9				£ 235
Debt interest rate	7.875%	7.875%							7.875%
Maturity date	Jun. 01, 2026
Debt instrument, redemption, description		Inspired Entertainment (Financing) PLC may redeem the Senior Secured Notes, in whole or in part, at any time and from time to time prior to June 1, 2023, at a redemption price equal to 100% of the principal amount thereof, plus a “make-whole” premium as set forth in the Indenture and form of the Senior Secured Notes, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. Inspired Entertainment (Financing) PLC may also redeem the Senior Secured Notes, in whole or in part, at any time and from time to time on or after June 1, 2023, at the redemption prices set forth in the Indenture and form of the Senior Secured Notes, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. In addition, at any time prior to June 1, 2023, Inspired Entertainment (Financing) PLC may redeem up to 40% of the original aggregate principal amount of the Senior Secured Notes with the net cash proceeds of one or more equity offerings, as described in the Indenture, at a redemption price equal to 107.875% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. At any time prior to June 1, 2023, Inspired Entertainment (Financing) PLC may redeem up to 10% of the aggregate principal amount of the Senior Secured Notes within each 12-month period at a redemption price equal to 103% of the aggregate principal amount of the Senior Secured Notes, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.
Revolving Credit Facility [Member] | Lenders [Member]
Debt Instrument [Line Items]
Principal of face amount	$ 24.1	$ 24.1							£ 20
Line of credit facility, interest rate description		The RCF Loans will bear interest at a rate per annum equal to (i) SONIA for borrowings in sterling, (ii) LIBOR (or, on and after December 31, 2021, SOFR) for borrowings in dollars, or (iii) EURIBOR for borrowings in Euro, as applicable, plus, in each case, a margin (based on the Company’s consolidated senior secured net leverage ratio) ranging from 4.25% to 4.75% per annum. With respect to the RCF Loan, a commitment fee of 30% of the then applicable margin is payable at any time on any unutilized portion of the RCF Loan.
Commitments fees, percentage		30%
Line of credit, expiration date		Nov. 20, 2025
Revolving Credit Facility [Member] | Lenders [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of credit, interest rate		4.25%
Revolving Credit Facility [Member] | Lenders [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of credit, interest rate		4.75%
Commitments fees, percentage		66.67%
Secured Revolving Facility Loan [Member] | Termination of Prior Financing [Member]
Debt Instrument [Line Items]
Principal of face amount					$ 24.1			£ 20
UK Coronavirus Large Business Interruption Loan [Member] | Amendment and Restatement Agreement [Member]
Debt Instrument [Line Items]
Additional indebtedness amount			$ 12	£ 10
Debt description			(A) an unlimited amount, as long as, pro forma for the utilization of such indebtedness, the consolidated total net leverage ratio does not exceed the lower of 3.4:1 and the then applicable ratio with respect to the consolidated total net leverage financial covenant summarized further below, plus (B) an amount equal to the greater of £16.0 million ($19.2 million) and 25% of the consolidated pro forma EBITDA of the Company and its subsidiaries for the relevant period (as defined, but disregarding, for the purposes of calculating the usage of such cap, any financial indebtedness applied to refinancing other financial indebtedness, together with any related interest, fees, costs and expenses),	(A) an unlimited amount, as long as, pro forma for the utilization of such indebtedness, the consolidated total net leverage ratio does not exceed the lower of 3.4:1 and the then applicable ratio with respect to the consolidated total net leverage financial covenant summarized further below, plus (B) an amount equal to the greater of £16.0 million ($19.2 million) and 25% of the consolidated pro forma EBITDA of the Company and its subsidiaries for the relevant period (as defined, but disregarding, for the purposes of calculating the usage of such cap, any financial indebtedness applied to refinancing other financial indebtedness, together with any related interest, fees, costs and expenses),
Prepayment premium rate			0.75%	0.75%

Schedule of Outstanding Derivat

Schedule of Outstanding Derivatives Designated as Cash Flow Hedges (Details)	Dec. 31, 2022 Instrument
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Cross Currency Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Number of instruments	2

Schedule of Outstanding Deriv_2

Schedule of Outstanding Derivatives Designated as Cash Flow Hedges (Details) (Parenthetical) € in Millions, £ in Millions, $ in Millions	Dec. 31, 2022 USD ($)	Dec. 31, 2022 EUR (€)	Dec. 31, 2022 GBP (£)
Derivative Instruments, Gain (Loss) [Line Items]
Principal amount	$ 24.1		£ 20
Fixed rate	5.50%	5.50%	5.50%
Interest Rate Swap Instrument One [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Principal amount	$ 114.4		£ 95
Fixed rate	0.9255%	0.9255%	0.9255%
Interest Rate Swap Instrument Two [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Principal amount	$ 64.1	€ 60
Fixed rate	0.102%	0.102%	0.102%

Schedule of Accumulated Other C

Schedule of Accumulated Other Comprehensive Income (Details) - Fair Value and Cash Flow Hedging [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain/(Loss) Recognized in Other Comprehensive Income on Derivative	$ 0.3	$ (2.9)
Location of Gain/(Loss) Reclassified from Accumulated Other Comprehensive Income into Income	(1.5)	(1.5)
Interest Rate and Foreign Exchange Products [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain/(Loss) Recognized in Other Comprehensive Income on Derivative	$ 0.3	$ (2.9)

Schedule of Consolidated Statem

Schedule of Consolidated Statements of Operations (Details) - Interest Expense [Member] - Fair Value and Cash Flow Hedging [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Derivative Instruments, Gain (Loss) [Line Items]
Total amounts of income and expense line items presented in the statement of operations and comprehensive loss in which the effects of fair value or cash flow hedges are recorded	$ 39.8	$ 36.1
Gain/(loss) on cash flow hedging relationships in Subtopic 815-20	$ (1.5)	$ (1.5)

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities (Details Narrative) € in Millions, £ in Millions, $ in Millions		1 Months Ended			12 Months Ended
	Jan. 15, 2020 USD ($)	May 20, 2021 USD ($)	May 20, 2021 EUR (€)	May 20, 2021 GBP (£)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 GBP (£)	Jan. 15, 2020 EUR (€)	Jan. 15, 2020 GBP (£)
Derivative [Line Items]
Principal amount					$ 24.1	£ 20
Fixed rate					5.50%	5.50%
Derivative reclassified as increase to interest expense					$ 0.3
Interest expenses					$ 0.7
Interest Rate Swap One [Member]
Derivative [Line Items]
Termination fees		$ 1.9		£ 1.3
Interest Rate Swap Two [Member]
Derivative [Line Items]
Termination fees		$ 0.2	€ 0.1
London Interbank Offered Rate Libor Swap Rates [Member]
Derivative [Line Items]
Derivative description of terms	On January 15, 2020, the Company entered into two interest rate swaps with UBS AG designed to protect the Company against adverse fluctuations in interest rates by reducing its exposure to variability in cash flows on a portion of the previous floating rate debt facilities. The swaps fixed the variable interest rate of the debt facilities and provided protection over potential interest rate increases by providing a fixed rate of interest payment in return. The interest rate swaps were for £95.0 million ($114.4 million) at a fixed rate of 0.9255% based on the 6-month LIBOR rate and for €60.0 million ($64.1 million) at a fixed rate of 0.102% based on the 6-month EURIBOR rate
London Interbank Offered Rate Libor Swap Rates [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Principal amount	$ 114.4							£ 95
Fixed rate	0.9255%						0.9255%	0.9255%
6-month EURO LIBOR [Member] | Interest Rate Swap One [Member]
Derivative [Line Items]
Principal amount	$ 64.1						€ 60
6-month EURO LIBOR [Member] | Interest Rate Swap One [Member] | EUR [Member]
Derivative [Line Items]
Fixed rate	0.102%						0.102%	0.102%

Schedule of Derivative Financia

Schedule of Derivative Financial Instrument Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long term receivable (included in other assets)	$ 3	$ 3.5
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long term receivable (included in other assets)	$ 3	$ 3.5

Fair Value Measurements, as r_3

Fair Value Measurements, as restated (Details Narrative) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trademarks	$ 20.5	$ 22.4
Customer Relationships [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trademarks	1.3
Trademarks [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trademarks	$ 0.5
Senior Debt [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long term debt, fair value			$ 261

Stockholders_ Deficit (Details

Stockholders’ Deficit (Details Narrative) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Subsidiary, Sale of Stock [Line Items]
Preferred stock, authorized	1,000,000	1,000,000
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, authorized	49,000,000	49,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, voting right	Holders of the Company’s common stock are entitled to one vote for each common share.
Outstanding warrants	0	0
Public Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Aggregate shares of common stock			7,999,900
Private Placement Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Aggregate shares of common stock			11,079,230
Common Stock [Member] | Public Warrant [Member]
Subsidiary, Sale of Stock [Line Items]
Stock issued during period shares exercsie of warrants		2,651,129
Exercise of warrants		5,302,258
Common Stock [Member] | Private Warrants [Member]
Subsidiary, Sale of Stock [Line Items]
Stock issued during period shares exercsie of warrants		1,027,836
Exercise of warrants		9,049,230
IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Outstanding warrants			19,079,130
Aggregate shares of common stock			9,539,565
Warrant exercise price			$ 11.50

Schedule of Restricted Stock Un

Schedule of Restricted Stock Unit Activity (Details) - $ / shares		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares, vested		(1,703,142)	(1,583,650)	(1,373,022)
Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares, beginning		2,039,254
Weighted Average Grant Date Fair Value per Share, Unvested Outstanding, Beginning balance		$ 8.60
Number of shares, granted	[1]	543,178
Weighted Average Grant Date Fair Value per Share, Granted	[1]	$ 14.36
Number of shares, forfeited		(55,198)
Weighted Average Grant Date Fair Value per Share, Forfeited		$ (11.06)
Number of shares, vested	[2]	(879,690)
Weighted Average Grant Date Fair Value per Share, Vested	[2]	$ (7.18)
Number of shares, ending		1,647,544	2,039,254
Weighted Average Grant Date Fair Value per Share, Unvested Outstanding, Ending balance		$ 11.11	$ 8.60
[1]The RSUs that were granted during the year ended December 31, 2022 included: (a) 48,716 450,882 119,492 that are subject to deferred settlement terms; and (b) 682,474 374,546 307,928 374,546 42,319 332,227

Schedule of Restricted Stock _2

Schedule of Restricted Stock Unit Activity (Details) (Parenthetical) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Vested stock shares	119,492
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares settlement	682,474
Shares, issued	374,546	374,546
Shares taxes	307,928
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Tranche Two [Member] | December 2022 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares, issued	42,319
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Tranche Two [Member] | January 2023 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares, issued	332,227
Incentive Program for Management [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock shares granted	450,882
Non-employee Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock shares granted	48,716

Schedule of Stock Based Compens

Schedule of Stock Based Compensation Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation	$ 10.8	$ 13	$ 4.8
RSAs and RSUs [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation	10.1	11.9	4.6
Payroll Taxes On Vesting Of Restricted Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock-based compensation	$ 0.7	$ 1.1	$ 0.2

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Narrative) $ / shares in Units, $ in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2022 GBP (£)	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2020 USD ($) $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Purchased for Award		76,000
Closing price per share | $ / shares		$ 9.25
Weighted average grant date fair value of awards granted | $ / shares		$ 14.36	$ 10.15	$ 4.13
Weighted average recognition period		1 year 7 months 6 days
Employee Stock Purchase Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Monthly savings | £	£ 350
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Vesting date value of RSUs | $		$ 10.8	$ 16.1	$ 2.5
Unrecognized compensation expense | $		$ 8.8
Restricted Stock Units (RSUs) [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based payment award, shares issued in period		543,294
Number of shares issued RUSs			442,817
Employee Stock Purchase Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards plan, description		(i) 1,857,036 shares subject to outstanding awards under the 2021 Plan, including 341,647 shares subject to performance-based target awards, 232,500 shares subject to market-price vesting conditions, 311,558 shares subject to awards that were previously subject to performance criteria that were determined to have been met for the applicable performance year which awards continue to remain subject to a time-based vesting schedule and 259,492 shares subject to awards as to which the applicable vesting conditions have been met which remain subject to deferred settlement
Number of shares available for grants		467,751
Issuance of an aggregate shares of common stock		500,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Purchased for Award		4,000
Percentage of share-based payment award		10%
Share based compensation arrangement by share based payment, maximum number of shares per employee		1,000
Share based compensation arrangement by share based payment, purchase price of common stock, percent		85%
Closing price per share | $ / shares		$ 10.20
Share price | $ / shares		$ 11.53		$ 3.2215
Stock Issued During Period, Shares, Employee Stock Purchase Plans		0	0	7,649
2021 Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards, shares		1,857,036
Number of shares available for grants		1,002,805
2021 Plan [Member] | Market Price Vesting [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards, shares		232,500
2021 Plan [Member] | Time Based Vesting Schedule [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards, shares		311,558
2021 Plan [Member] | Deferred Settlement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards, shares		259,492
2021 Plan [Member] | Performance Shares [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards, shares		341,647
2018 Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards, shares		174,964
2018 Plan [Member] | Deferred Settlement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards, shares		124,964
2018 Plan [Member] | Performance Shares [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards, shares		25,000
Prior Plans [Member] | Deferred Settlement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding awards, shares		1,318,686
Sub Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Purchased for Award		72,000

Schedule of Accumulated Other_2

Schedule of Accumulated Other Comprehensive Loss (Income) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Foreign currency translation adjustments, balance	$ (71.5)	$ (70.8)	$ (76.5)
Change in fair value of hedging instrument, balance	1	2.8	1.4
Unrecognized pension benefit costs, balance	26.7	37.2	30
Accumulated other comprehensive (income), balance	(43.8)	(30.8)	(45.1)
Foreign currency translation adjustments, changes during the period	(12.7)	(0.7)	5.7
Change in fair value of hedging instrument, change during the period	(0.7)	(1.8)	1.4
Unrecognized pension benefit costs, change during the period	6.4	(10.5)	7.2
Accumulated other comprehensive (Income), change during the period	7	(13)	14.3
Accumulated other comprehensive (Income), change during the period	(7)	13	(14.3)
Foreign currency translation adjustments, balance	(84.2)	(71.5)	(70.8)
Change in fair value of hedging instrument, balance	0.3	1	2.8
Unrecognized pension benefit costs, balance	33.1	26.7	37.2
Accumulated other comprehensive (income), balance	$ (50.8)	$ (43.8)	$ (30.8)

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Income), as restated (Details Narrative) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Equity [Abstract]
Accumulated other comprehensive income (loss), discontinued net of tax	$ 0.3

Schedule of Anti-dilutive Secur

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	382,500	2,039,254	12,215,637
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	382,500	2,039,254	2,051,956
Unvested Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities			624,116
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities			9,539,565

Schedule of Numerators and Deno

Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Net income loss basic	$ 20.6
Weighted average, shares	28,049,918	24,402,461	23,717,521
Earnings per share basic	$ 0.73	$ (1.66)	$ (2.39)
Restricted stock units	1,042,937
RSU, per share amount	$ (0.02)
Net income loss diluted	$ 20.6
Weighted average, shares	29,092,855	24,402,461	23,717,521
Earnings per share diluted	$ 0.71	$ (1.66)	$ (2.39)

Net Income (Loss) per Share, _3

Net Income (Loss) per Share, as restated (Details Narrative) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Effect of RSU awards vested	1,703,142	1,583,650	1,373,022

Repurchase of Common Stock (Det

Repurchase of Common Stock (Details Narrative) - USD ($) $ in Millions		12 Months Ended
	May 10, 2022	Dec. 31, 2022
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Repurchased of common shares, value		$ 10.4
Repurchased of common shares		1,067,340
Available for future repurchases		$ 14.6
Board of Directors[Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Repurchased of common shares, value	$ 25

Schedule of Other Finance Incom

Schedule of Other Finance Income (expense) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Income and Expenses [Abstract]
Pension interest cost	$ (2.2)	$ (1.7)	$ (2.2)
Expected return on pension plan assets	3.3	2.8	3.1
Foreign currency translation on senior bank debt		4.6	(5.6)
Other finance income (Costs)	$ 1.1	$ 5.7	$ (4.7)

Schedule of Earnings (Loss) Bef

Schedule of Earnings (Loss) Before Income Tax (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
United States	$ (8.1)	$ (13.5)	$ (14.4)
Foreign jurisdictions	30.8	(28.7)	(42)
Total earnings (loss) before income taxes	$ 22.7	$ (42.2)	$ (56.4)

Schedule of Provision for Incom

Schedule of Provision for Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Federal	$ 0.7
State
Foreign	1.4	(1.6)	0.4
Total current	2.1	(1.6)	0.4
Federal
State
Foreign
Total deferred

Schedule of Differences Between

Schedule of Differences Between the Federal Statutory Tax Rate and our Effective Rate (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Statutory income tax	21%	21%	21%
State taxes (net of federal)	0.40%	0%	0%
Non-deductible officers’ compensation	7.50%	(4.90%)	0%
Global intangible low-taxed income	33.10%	0%	0%
Goodwill impairment	0%	0%	(9.00%)
Other permanent differences	0.30%	(2.20%)	(2.80%)
Effect of rates different than statutory	(2.20%)	(0.70%)	0.30%
Non-creditable withholding taxes	4.70%	0%	0%
Foreign tax true ups	(0.10%)	4.20%	0.10%
Research and development tax credits	(1.20%)	0.30%	0%
Change in valuation allowance	(54.30%)	(13.90%)	(10.20%)
Effective income tax rate	9.20%	3.80%	(0.60%)

Schedule of Deferred Tax Assets

Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Depreciation	$ 52.3	$ 71.4
Net operating losses	23.4	30.9
Other temporary differences	2.5	1.8
Intangible Assets	4.8	5
Right of Use Liability	4.1	5.1
Total gross deferred tax assets	87.1	114.2
Valuation allowance balance	(83.1)	(109.2)	$ (79.8)
Gross deferred tax assets	4	5
Intangible assets
Other temporary differences
Right of Use Asset	(4)	(5)
Gross deferred tax liabilities	(4)	(5)
Net deferred tax assets

Schedule of Changes in the Valu

Schedule of Changes in the Valuation Allowance (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Beginning balance	$ 109.2	$ 79.8
(Decrease) increase	(26.1)	29.4
Reversal of allowance
Ending balance	$ 83.1	$ 109.2

Income Taxes, as restated (Deta

Income Taxes, as restated (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Effective Income Tax Rate Reconciliation, Percent	9.20%	3.80%	(0.60%)
Effective Income Tax Rate Reconciliation, Percent	(9.20%)	(3.80%)	0.60%
Federal net operating loss carryforwards	$ 58,400,000
Deferred Tax Assets, Valuation Allowance	83,100,000	$ 109,200,000	$ 79,800,000
Income tax penalties and interest expense	0	0
UNITED KINGDOM
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	82,200,000	84,700,000
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 3,800,000	$ 36,600,000

Related Parties (Details Narrat

Related Parties (Details Narrative) - USD ($)			1 Months Ended	7 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2021	Mar. 31, 2020	Apr. 30, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Interest expense					$ 25,300,000	$ 44,300,000	$ 30,000,000
Invoice for reimbursement						200,000
Number of sale of stock, shares					6,217,628
Offering price					$ 9.25
Discounts and commissions price per share					$ 0.4625
Macquarie Capital Inc [Member]
Related Party Transaction [Line Items]
Number of shares issued					870,468
Over-Allotment Option [Member]
Related Party Transaction [Line Items]
Number of shares issued					810,995
Over-Allotment Option [Member] | Macquarie Capital Inc [Member]
Related Party Transaction [Line Items]
Number of shares issued					113,539
Consultancy Agreement [Member]
Related Party Transaction [Line Items]
Consulting fees					$ 100,000
Macquarie Corporate Holdings Pty Limited [Member]
Related Party Transaction [Line Items]
Due from related parties		$ 600,000				$ 600,000	300,000
Richard Weil [Member] | Consultancy Agreement [Member]
Related Party Transaction [Line Items]
Consulting fees		$ 100,000
Richard Weil [Member] | Consultancy Agreement [Member] | Subsequent Event [Member]
Related Party Transaction [Line Items]
Consulting fees	$ 10,000
Related Party [Member]
Related Party Transaction [Line Items]
Amounts owed							200,000
Macquarie Corporate Holdings Pty Limited [Member]
Related Party Transaction [Line Items]
Related party beneficially owned		11.40%			11.70%	11.40%
Interest and debt expense					$ 0	$ 900,000	2,200,000
Debt fee		$ 5,500,000				5,500,000	3,100,000
Outstanding shares percentage					5%
HG Vora Special Opportunitie Master Fund Limited [Member]
Related Party Transaction [Line Items]
Interest expense						$ 1,700,000
Innov8 Gaming Limited [Member]
Related Party Transaction [Line Items]
Non-controlling equity interest, percentage				40%
Revenue earned							$ 600,000
Innov8 Gaming Limited [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Impairment of investments			$ 700,000
Innov8 Gaming Limited [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Impairment of investments

Schedule of Lease Expense (Deta

Schedule of Lease Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finance lease costs:
Depreciation	$ 0.9	$ 0.5	$ 0.1
Interest	0.2	0.2	0.1
Operating lease costs	5.8	6.4	5.8
Short-term lease costs	1.2	1.3	1.5
Variable lease costs	2.5	1	0.1
Total	$ 10.6	$ 9.4	$ 7.6
Weighted average remaining lease term - finance leases	29 months 24 days	39 months 3 days
Weighted average remaining lease term - operating leases	68 months 3 days	74 months
Weighted average discount rate - finance leases	9%	8.90%
Weighted average discount rate - operating leases	8.70%	8.60%

Schedule of Future Minimum Fina

Schedule of Future Minimum Finance Lease Payments (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
2023	$ 1.2
2024	0.9
2025	0.5
2026
2027
Thereafter
Total future minimum lease payments	2.6
Less: imputed interest	(0.4)
Total	$ 2.2	$ 2.8

Schedule of Future Minimum Oper

Schedule of Future Minimum Operating Lease Payments (Details) $ in Millions	Dec. 31, 2022 USD ($)
Leases [Abstract]
2023	$ 4.6
2024	4.2
2025	3.1
2026	2.6
2027	1.3
Thereafter	5.9
Total future minimum lease payments	21.7
Less: imputed interest	(5.5)
Total	$ 16.2

Leases, as restated (Details Na

Leases, as restated (Details Narrative) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Finance lease cost	$ 2.3	$ 4.2
Accumulated depreciation	$ 1.2	$ 0.6
Minimum [Member]
Remaining lease term	1 year
Remaining finance lease term	24 months
Maximum [Member]
Remaining lease term	10 years
Remaining finance lease term	36 months

Schedule of Pension Plans and t

Schedule of Pension Plans and their Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Retirement Benefits [Abstract]
Benefit obligation at beginning of period	$ 122.7	$ 134.6
Interest cost	2.2	1.7
Actuarial (gain) loss	(39)	(8.6)
Benefits paid	(3.5)	(3.5)
Foreign currency translation adjustments	(11.2)	(1.5)
Benefit obligation at end of period	71.2	122.7
Fair value of plan assets at beginning of period	125.7	125.5
Actual (loss) gain on plan assets	(42.4)	3.8
Employer contributions	1.4	1.5
Benefits paid	(3.5)	(3.5)
Foreign currency translation adjustments	(12.1)	(1.6)
Fair value of assets at end of period	69.1	125.7
Overfunded status (non-current)	(2.1)	3
Net amount recognized	$ (2.1)	$ 3

Schedule of Defined Benefit Pla

Schedule of Defined Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Retirement Benefits [Abstract]
Interest cost	$ 2.2	$ 1.7	$ 2.2
Expected return on plan assets	(3.3)	(2.8)	(3.1)
Amortization of net loss	0.5	0.9	0.6
Net periodic (benefit) cost	$ (0.6)	$ (0.2)	$ (0.3)

Schedule of Fair Value of Plan

Schedule of Fair Value of Plan Assets (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	$ 69.1	$ 125.7	$ 125.5
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	0.3	0.5
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	40.7	79.1
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	28.1	46.1
Diversified Fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	40.7	79.1
Diversified Fund [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets
Diversified Fund [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	40.7	79.1
Diversified Fund [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets
Buy- in Contract [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	28.1	46.1
Buy- in Contract [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets
Buy- in Contract [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets
Buy- in Contract [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	28.1	46.1
Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	0.3	0.5
Cash [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets	0.3	0.5
Cash [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets
Cash [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of the plan assets

Schedule of Benefit Obligation

Schedule of Benefit Obligation and Net Periodic Benefit Cost for Plan (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Retirement Benefits [Abstract]
Discount rate	5%	2%
Expected return on assets	5.70%	3%
RPI inflation	3.13%	3.25%
CPI inflation - pre 2030	2.13%	2.25%
CPI inflation - post 2030	2.93%	3.05%
Pension increases - pre-2006 service	2.90%	3.15%
Pension increases - post-2006 service	1.89%	2.20%
Pension increases - post 1988 GMP - pre 2030	1.83%	2.10%
Pension increases - post 1988 GMP - post 2030	2.21%	2.60%

Schedule of Benefit Payments ar

Schedule of Benefit Payments are Expected to Be Paid (Details) $ in Millions	Dec. 31, 2022 USD ($)
Retirement Benefits [Abstract]
2023	$ 3.2
2024	2.8
2025	3.2
2026	3.3
2027	3.6
2028 to 2032	$ 20.5

Pension Plan, as restated (Deta

Pension Plan, as restated (Details Narrative) £ in Millions, $ in Millions	1 Months Ended		12 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2022 GBP (£)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 GBP (£)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Contributions payable amount			$ 2.9		$ 2.4	$ 2.3
Contributions total			$ 1.2		0.8
Statutory funding	$ 9.9	£ 8.2
Defined contribution plan, description			it was agreed that the shortfall will be met by contributions of £0.9 million ($1.1 million) for each the years ended December 31 2021, 2022, 2023 and 2024, of £0.7 million ($0.8 million) for the year ended December 31, 2025 and of £0.5 million ($0.6 million) for the period January 1, 2026 to October 31, 2026.	it was agreed that the shortfall will be met by contributions of £0.9 million ($1.1 million) for each the years ended December 31 2021, 2022, 2023 and 2024, of £0.7 million ($0.8 million) for the year ended December 31, 2025 and of £0.5 million ($0.6 million) for the period January 1, 2026 to October 31, 2026.
Contingent contributions			$ 0.4	£ 0.3
Defined benefit pension plans			71.2		122.7
Defined benefit pension plans asset/liability			(2.1)		3
Accumulated other comprehensive income			$ 0.9
Schemes Investment Policy [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, description			The scheme’s investment policy is to maximize long-term financial return commensurate with security and minimizing risk, with an objective of achieving a return of around 3% per annum above the return on UK Government bonds. This is achieved by holding a portfolio of marketable investments that avoids over-concentration of investment and spreads assets both over industries and geographies. In setting investment strategy, the trustees considered the lowest risk strategy that they could adopt in relation to the scheme’s liabilities and designed an asset allocation to achieve a higher return while maintaining a cautious approach to meeting the scheme’s liabilities. The trustees undertake periodic reviews of the investment strategy and take advice from their investment advisors. They consider a full range of asset classes, the risks and rewards of a range of alternative asset allocation strategies, the suitability of each asset class and the need for appropriate diversification. The current strategy is to hold 12% in a diversified growth fund, 24% in diversified credit, 18% in a equity-linked liability-driven investment funds, 6% in credit-linked liability-driven investment funds and 40% in a buy-in policy	The scheme’s investment policy is to maximize long-term financial return commensurate with security and minimizing risk, with an objective of achieving a return of around 3% per annum above the return on UK Government bonds. This is achieved by holding a portfolio of marketable investments that avoids over-concentration of investment and spreads assets both over industries and geographies. In setting investment strategy, the trustees considered the lowest risk strategy that they could adopt in relation to the scheme’s liabilities and designed an asset allocation to achieve a higher return while maintaining a cautious approach to meeting the scheme’s liabilities. The trustees undertake periodic reviews of the investment strategy and take advice from their investment advisors. They consider a full range of asset classes, the risks and rewards of a range of alternative asset allocation strategies, the suitability of each asset class and the need for appropriate diversification. The current strategy is to hold 12% in a diversified growth fund, 24% in diversified credit, 18% in a equity-linked liability-driven investment funds, 6% in credit-linked liability-driven investment funds and 40% in a buy-in policy

Schedule of Segment Reporting I

Schedule of Segment Reporting Information by Segment (Details) £ in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2022 USD ($)		Dec. 31, 2021 USD ($)		Dec. 31, 2020 USD ($)		Oct. 01, 2019 GBP (£)
Segment Reporting Information [Line Items]
Total revenue		$ 281.6		$ 205.8		$ 198.3
Cost of service	[1]	(71.4)		(51.8)		(45.9)
Cost of product sales		(21.9)		(17.8)		(15)
Selling, general and administrative expenses		(91.1)		(77.3)		(67.6)
Stock-based compensation expense		(10.8)		(13)		(4.8)
Acquisition and integration related transaction expenses		(0.5)		(1.6)		(7)
Depreciation and amortization		(39.9)		(48.8)		(53.6)
Segment operating income (loss)		46		(4.5)		(18)
Net operating loss		46		(4.5)		(18)
Total assets		287.2		308.7
Total goodwill at beginning of period		82.7	[2]	83.5		83.5	[2]
Accumulated goodwill impairment losses	[3]	(20.5)		(20.5)
Balance at beginning of period, net		62.2		63
Foreign currency translation adjustments		(6.7)		(0.8)
Ending balance, net		55.5		62.2		63
Total capital expenditures for the year ended December 31, 2020		32.5		23.4		24.1
Total goodwill at beginning of period		83.5		83.5	[2]
Total goodwill		55.5		62.2		63		£ 26.1
Impairment of goodwill and other intangible assets						(22.4)
Service [Member]
Segment Reporting Information [Line Items]
Total revenue		248.4		180.2		176.6
Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue		33.2		25.6		21.7
Gaming [Member]
Segment Reporting Information [Line Items]
Total revenue		111.3		81.4		111.1
Cost of service		(23.7)		(17.3)		(21.9)
Cost of product sales		(20.4)		(15)		(13)
Selling, general and administrative expenses		(23.8)		(22.4)		(16.9)
Stock-based compensation expense		(1.6)		(1.8)		(0.8)
Acquisition and integration related transaction expenses
Depreciation and amortization		(19.6)		(24.6)		(29.5)
Segment operating income (loss)		22.2		0.3		29
Total assets		104.3		95.9
Total goodwill at beginning of period	[2]	13		13.2
Accumulated goodwill impairment losses	[3]
Balance at beginning of period, net		13		13.2
Foreign currency translation adjustments		(1.4)		(0.2)
Ending balance, net		11.6		13		13.2
Total capital expenditures for the year ended December 31, 2020		13.1		8.7		5.9
Total goodwill at beginning of period	[2]	13.2
Total goodwill		11.6		13		13.2
Impairment of goodwill and other intangible assets
Gaming [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		80.4		58.8		92.2
Gaming [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue		30.9		22.6		18.9
Virtual Sports [Member]
Segment Reporting Information [Line Items]
Total revenue		54.2		35		31.4
Cost of service		(1.8)		(1.2)		(2.2)
Cost of product sales
Selling, general and administrative expenses		(8)		(7.7)		(5.4)
Stock-based compensation expense		(0.7)		(0.8)		(0.4)
Acquisition and integration related transaction expenses
Depreciation and amortization		(2.7)		(3.8)		(3.9)
Segment operating income (loss)		41		21.5		19.5
Total assets		56.6		59.1
Total goodwill at beginning of period	[2]	47.2		47.8
Accumulated goodwill impairment losses	[3]
Balance at beginning of period, net		47.2		47.8
Foreign currency translation adjustments		(5.1)		(0.6)
Ending balance, net		42.1		47.2		47.8
Total capital expenditures for the year ended December 31, 2020		1.7		2.1		3.1
Total goodwill at beginning of period	[2]	47.8
Total goodwill		42.1		47.2		47.8
Impairment of goodwill and other intangible assets
Virtual Sports [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		54.2		35		31.4
Virtual Sports [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue
Interactive [Member]
Segment Reporting Information [Line Items]
Total revenue		20.6		20.7		12.2
Cost of service		(1.3)		(1.8)		(1.5)
Cost of product sales
Selling, general and administrative expenses		(8)		(6.8)		(4)
Stock-based compensation expense		(0.7)		(0.6)		(0.3)
Acquisition and integration related transaction expenses
Depreciation and amortization		(2)		(2.7)		(1.6)
Segment operating income (loss)		8.6		8.8		4.8
Total assets		12		9.3
Total goodwill at beginning of period	[2]	2		2
Accumulated goodwill impairment losses	[3]
Balance at beginning of period, net		2		2
Foreign currency translation adjustments		(0.2)
Ending balance, net		1.8		2		2
Total capital expenditures for the year ended December 31, 2020		3.2		2.4		1.5
Total goodwill at beginning of period	[2]	2
Total goodwill		1.8		2		2
Impairment of goodwill and other intangible assets
Interactive [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		20.6		20.7		12.2
Interactive [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue
Leisure [Member]
Segment Reporting Information [Line Items]
Total revenue		95.5		68.7		43.6
Cost of service		(44.6)		(31.5)		(20.3)
Cost of product sales		(1.5)		(2.8)		(2)
Selling, general and administrative expenses		(25.4)		(19.5)		(20.1)
Stock-based compensation expense		(0.6)		(0.6)		(0.1)
Acquisition and integration related transaction expenses
Depreciation and amortization		(13.5)		(15.9)		(16.8)
Segment operating income (loss)		9.9		(1.6)		(38.1)
Total assets		68.3		72.5
Total goodwill at beginning of period	[2]	20.5		20.5
Accumulated goodwill impairment losses	[3]	(20.5)		(20.5)
Balance at beginning of period, net
Foreign currency translation adjustments
Ending balance, net
Total capital expenditures for the year ended December 31, 2020		10.9		8.8		8.7
Total goodwill at beginning of period	[2]	20.5
Total goodwill
Impairment of goodwill and other intangible assets						(22.4)
Leisure [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue		93.2		65.7		40.8
Leisure [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue		2.3		3		2.8
Corporate Functions [Member]
Segment Reporting Information [Line Items]
Total revenue
Cost of service
Cost of product sales
Selling, general and administrative expenses		(25.9)		(20.9)		(21.2)
Stock-based compensation expense		(7.2)		(9.2)		(3.2)
Acquisition and integration related transaction expenses		(0.5)		(1.6)		(7)
Depreciation and amortization		(2.1)		(1.8)		(1.8)
Segment operating income (loss)		(35.7)		(33.5)		(33.2)
Total assets		46		71.9
Total goodwill at beginning of period	[2]
Accumulated goodwill impairment losses	[3]
Balance at beginning of period, net
Foreign currency translation adjustments
Ending balance, net
Total capital expenditures for the year ended December 31, 2020		3.6		1.4		4.9
Total goodwill at beginning of period	[2]
Total goodwill
Impairment of goodwill and other intangible assets
Corporate Functions [Member] | Service [Member]
Segment Reporting Information [Line Items]
Total revenue
Corporate Functions [Member] | Product Sales [Member]
Segment Reporting Information [Line Items]
Total revenue
[1]Excluding depreciation and amortization[2]As a result of the October 1, 2019 acquisition of the Acquired Businesses, the Company recognized £ 26.1 Intangibles—Goodwill and Other—Goodwill 9.6 1.4

Schedule of Segment Reporting_2

Schedule of Segment Reporting Information by Segment (Details) (Parenthetical) £ in Millions, $ in Millions	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Oct. 01, 2019 GBP (£)
Segment Reporting [Abstract]
Goodwill	$ 55.5	$ 62.2	$ 63	£ 26.1
Goodwill				9.6
Intangible assets net	$ 14.6	$ 17.4		£ 1.4

Schedule of Geographic Informat

Schedule of Geographic Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 281.6	$ 205.8	$ 198.3
Total non- current assets excluding goodwill	104.8	122.4
UNITED KINGDOM
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	208.6	148.6	151.9
Total non- current assets excluding goodwill	82.7	91.4
GREECE
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	22.4	18.2	16.8
Total non- current assets excluding goodwill	5.8	11.7
Rest Of World [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	50.6	39	$ 29.6
Total non- current assets excluding goodwill	$ 16.3	$ 19.3

Customer Concentration, as re_2

Customer Concentration, as restated (Details Narrative) - Customer Concentration Risk [Member]	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue Benchmark [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	13%		21%
Revenue Benchmark [Member] | No Customer [Member]
Concentration Risk [Line Items]
Concentration risk, percentage		10%
Accounts Receivable [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	24%
Accounts Receivable [Member] | No Customer [Member]
Concentration Risk [Line Items]
Concentration risk, percentage		10%