Light & Wonder, Inc. Liquidation Value Calculator
Light & Wonder, Inc.
Current Price: N/A
Loading calculator data...
Advanced: All 134 XBRL Tags
Every XBRL tag from SEC EDGAR filings, grouped by financial statement type. total = may include children, fact = independent leaf value.
Balance Sheet
| Tag | Value | Unit | ||
|---|---|---|---|---|
| accounts_payable | ||||
| Accounts Payable Current total AccountsPayableCurrent |
$147.00M | USD | ||
| accounts_receivable | ||||
| Accounts Receivable Net Current total AccountsReceivableNetCurrent |
$614.00M | USD | ||
| cash | ||||
| Cash And Cash Equivalents At Carrying Value total CashAndCashEquivalentsAtCarryingValue |
$147.00M | USD | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents total CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
$253.00M | USD | ||
| Restricted Cash And Cash Equivalents At Carrying Value total RestrictedCashAndCashEquivalentsAtCarryingValue |
$102.00M | USD | ||
| Restricted Cash And Cash Equivalents Noncurrent total RestrictedCashAndCashEquivalentsNoncurrent |
$4.00M | USD | ||
| current_liabilities | ||||
| Accrued Liabilities Current total AccruedLiabilitiesCurrent |
$437.00M | USD | ||
| AI Insight · Accrued current liabilities of $437 million include the $55 million legal contingency accrual, the $18 million current operating lease liability, and other accrued obligations. This line is a face-value claim in liquidation. The legal settlement outflows of $137 million in Q1 2026 compressed this balance materially from the December 31, 2025 level, but remaining accruals are still significant relative to the limited asset recovery pool. | ||||
| Debt Current total DebtCurrent |
$58.00M | USD | ||
| Operating Lease Liability Current total OperatingLeaseLiabilityCurrent |
$18.00M | USD | ||
| inventory | ||||
| Inventory Finished Goods Net Of Reserves total InventoryFinishedGoodsNetOfReserves |
$39.00M | USD | ||
| Inventory Net total InventoryNet |
$185.00M | USD | ||
| AI Insight · Inventory of $185 million ($39 million finished goods, $146 million WIP and raw materials) recovers at approximately 60% under the liquidation lens, yielding approximately $111 million. Gaming machine components and WIP would face significant market discount in a forced sale scenario, and the WIP-heavy mix ($146 million of $185 million) reduces expected recovery toward the low end of the range. This is a meaningful but limited positive contributor to asset recovery. | ||||
| liabilities_current | ||||
| Liabilities Current total LiabilitiesCurrent |
$676.00M | USD | ||
| liabilities_total | ||||
| Liabilities total | $6.05B | USD | ||
| long_term_debt | ||||
| Debt Instrument Carrying Amount total DebtInstrumentCarryingAmount |
$5.18B | USD | ||
| AI Insight · Face value of total debt is $5.182 billion per XBRL tag, versus carrying value of $5.14 billion (net of $42 million discount and issuance costs). In liquidation, the face value is the obligation. The $42 million discount/issuance cost is an asset write-off with no recovery. This tag confirms the full nominal obligation that secured and unsecured creditors hold against an asset base with substantially impaired liquidation recovery. | ||||
| Long Term Debt And Capital Lease Obligations total LongTermDebtAndCapitalLeaseObligations |
$5.08B | USD | ||
| AI Insight · Long-term debt and capital lease obligations (noncurrent) of $5.08 billion, plus current portion of $58 million, total $5.14 billion carrying value against face value of $5.2 billion per MD&A. This is the dominant liability in liquidation, remaining at face value regardless of asset haircuts. Debt increased materially QoQ from the prior filing period due to the Grover acquisition financing (completed Q1 2025) and subsequent refinancing. The LNWI Credit Agreement was amended January 22, 2026 (Amendment No. 4) to reduce Term Loan B spread to SOFR+200bps. $3.1 billion of the $5.2 billion is variable-rate. Revolver had $210 million drawn at period end vs. $230 million at December 31, 2025. | ||||
| Long Term Debt And Capital Lease Obligations Current total LongTermDebtAndCapitalLeaseObligationsCurrent |
$58.00M | USD | ||
| Long Term Debt And Capital Lease Obligations Including Current Maturities total LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities |
$5.14B | USD | ||
| operating_lease_liability | ||||
| Operating Lease Liability total OperatingLeaseLiability |
$46.00M | USD | ||
| Operating Lease Liability Current fact OperatingLeaseLiabilityCurrent |
$18.00M | USD | ||
| Operating Lease Liability Noncurrent fact OperatingLeaseLiabilityNoncurrent |
$28.00M | USD | ||
| shares_outstanding | ||||
| Common Stock Shares Outstanding total CommonStockSharesOutstanding |
78.7M | shares | ||
Unmapped Tags (109)
| Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent | $614.00M | USD | ||
| Accounts Receivable Gross Current AccountsReceivableGrossCurrent | $642.00M | USD | ||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment | $686.00M | USD | ||
| Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock | $185.00M | USD | ||
| Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent | $28.00M | USD | ||
| Allowance For Doubtful Accounts Receivable Noncurrent AllowanceForDoubtfulAccountsReceivableNoncurrent | $3.00M | USD | ||
| Allowance For Notes And Loans Receivable Noncurrent AllowanceForNotesAndLoansReceivableNoncurrent | $3.00M | USD | ||
| Amortization Of Intangible Assets AmortizationOfIntangibleAssets | $38.00M | USD | ||
| Assets Assets | $6.37B | USD | ||
| Assets Current AssetsCurrent | $1.21B | USD | ||
| Capitalized Computer Software Accumulated Amortization CapitalizedComputerSoftwareAccumulatedAmortization | $973.00M | USD | ||
| Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1 | $23.00M | USD | ||
| Capitalized Computer Software Gross CapitalizedComputerSoftwareGross | $1.17B | USD | ||
| Capitalized Computer Software Net CapitalizedComputerSoftwareNet | $195.00M | USD | ||
| AI Insight · Capitalized software (net) of $195 million (gross $1.168 billion, accumulated amortization $973 million) carries zero liquidation recovery. The gaming and social gaming software platform value is entirely contingent on continued operations and cannot be independently monetized in a distressed sale at anything approaching book value. Q1 2026 amortization was $23 million. | ||||
| Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare | $0 | USD/shares | ||
| Common Stock Shares Authorized CommonStockSharesAuthorized | $199.00M | shares | ||
| Common Stock Shares Issued CommonStockSharesIssued | $78.70M | shares | ||
| Common Stock Value Outstanding CommonStockValueOutstanding | $1.00M | USD | ||
| Debt Instrument Fair Value DebtInstrumentFairValue | $5.18B | USD | ||
| Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome | $279.00M | USD | ||
| Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses | $31.00M | USD | ||
| Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization | $2.15B | USD | ||
| Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross | $2.92B | USD | ||
| Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet | $769.00M | USD | ||
| AI Insight · Finite-lived intangibles (net) of $769 million, against gross of $2.921 billion and accumulated amortization of $2.152 billion, carry zero liquidation recovery. These include gaming content licenses, technology, customer relationships, and trade names that are inseparable from going-concern operations and cannot be independently monetized in a stop-and-liquidate scenario. Amortization was $38 million in Q1 2026, elevated by Grover-related intangibles. The balance increased from the prior year period driven by Grover acquisition. | ||||
| Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt | $-2.00M | USD | ||
| Goodwill Goodwill | $3.37B | USD | ||
| AI Insight · Goodwill of $3.4 billion is the single largest asset at 53% of total assets and carries zero recovery value under the liquidation lens. This reflects the SciPlay reacquisition, Grover acquisition, and legacy gaming M&A. The balance is essentially unchanged QoQ ($3.4 billion vs. implied prior-period levels), with a $1 million FX translation decrease. In liquidation, this entire balance is destroyed, representing the primary driver of the negative equity recovery position. | ||||
| Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss | $-1.00M | USD | ||
| Inventory Work In Process And Raw Materials InventoryWorkInProcessAndRawMaterials | $146.00M | USD | ||
| Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount | $5.00M | USD | ||
| Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity | $6.37B | USD | ||
| Long Term Accounts Notes And Loans Receivable Net Noncurrent LongTermAccountsNotesAndLoansReceivableNetNoncurrent | $94.00M | USD | ||
| Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent | $94.00M | USD | ||
| Notes Receivable Gross NotesReceivableGross | $97.00M | USD | ||
| Notes Receivable Net NotesReceivableNet | $708.00M | USD | ||
| Operating Lease Lease Income OperatingLeaseLeaseIncome | $156.00M | USD | ||
| Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset | $42.00M | USD | ||
| Other Assets Noncurrent OtherAssetsNoncurrent | $60.00M | USD | ||
| Other Liabilities Noncurrent OtherLiabilitiesNoncurrent | $258.00M | USD | ||
| AI Insight · Other noncurrent liabilities of $258 million are a face-value claim in liquidation. The filing does not separately tag the composition of this balance in XBRL beyond the aggregate. This is a material undisclosed obligation stack that could include deferred revenue, pension-like obligations, indemnification reserves, or other items. The magnitude ($258 million) is significant relative to the tangible asset recovery pool and warrants attention in a liquidation analysis. | ||||
| Property Plant And Equipment Net PropertyPlantAndEquipmentNet | $347.00M | USD | ||
| AI Insight · PP&E (net) of $347 million against accumulated depreciation of $686 million yields an estimated $174-243 million under a 50-70% recovery haircut. This includes gaming machines on lease (participation units), manufacturing equipment, and technology infrastructure. The installed base of 48,600 U.S./Canada units and 18,710 international units is the primary PP&E asset class; forced-sale recovery on gaming machines is uncertain but likely in the 50-60% range given the specialized nature of the assets. | ||||
| Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses | $-1.00M | USD | ||
| Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit | $351.00M | USD | ||
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability | $4.00M | USD | ||
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | $311.00M | USD | ||
| Treasury Stock Retired Cost Method Amount TreasuryStockRetiredCostMethodAmount | $0 | USD | ||
| Treasury Stock Shares Acquired TreasuryStockSharesAcquired | $200,000 | shares | ||
| Treasury Stock Value TreasuryStockValue | $0 | USD | ||
| Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue | $17.00M | USD | ||
| Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense | $32.00M | USD | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect | $-13.00M | USD | ||
| Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet | $-42.00M | USD | ||
| Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet | $10.00M | USD | ||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents | $0 | USD | ||
| Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital | $24.00M | USD | ||
| Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue | $46.00M | USD | ||
| Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive | $3.00M | USD | ||
| Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths | $17.00M | USD | ||
| Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive | $2.00M | USD | ||
| Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour | $4.00M | USD | ||
| Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree | $10.00M | USD | ||
| Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo | $15.00M | USD | ||
| Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities | $-79.00M | USD | ||
| Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities | $-73.00M | USD | ||
| Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities | $139.00M | USD | ||
| Operating Lease Payments OperatingLeasePayments | $6.00M | USD | ||
| Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock | $22.00M | USD | ||
| Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation | $26.00M | USD | ||
| Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets | $74.00M | USD | ||
| Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets | $74.00M | USD | ||
| Proceeds From Lines Of Credit ProceedsFromLinesOfCredit | $155.00M | USD | ||
| Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit | $175.00M | USD | ||
| Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt | $5.00M | USD | ||
| Share Based Compensation ShareBasedCompensation | $32.00M | USD | ||
| Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax | $-226.00M | USD | ||
| Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities | $111.00M | USD | ||
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest | $49.00M | USD | ||
| Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized | $6.00M | USD | ||
| Cost Of Goods And Services Sold CostOfGoodsAndServicesSold | $194.00M | USD | ||
| Earnings Per Share Basic EarningsPerShareBasic | $1 | USD/shares | ||
| Earnings Per Share Diluted EarningsPerShareDiluted | $1 | USD/shares | ||
| Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate | $0 | pure | ||
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | $62.00M | USD | ||
| Income Taxes Paid Net IncomeTaxesPaidNet | $15.00M | USD | ||
| Income Tax Expense Benefit IncomeTaxExpenseBenefit | $10.00M | USD | ||
| Interest Income Expense Net InterestIncomeExpenseNet | $-81.00M | USD | ||
| Operating Income Loss OperatingIncomeLoss | $130.00M | USD | ||
| Operating Lease Expense OperatingLeaseExpense | $7.00M | USD | ||
| Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent | $0 | pure | ||
| Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent | $-4.00M | USD | ||
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax | $1.00M | USD | ||
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax | $7.00M | USD | ||
| Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent | $-3.00M | USD | ||
| Other Nonoperating Income Expense OtherNonoperatingIncomeExpense | $15.00M | USD | ||
| Research And Development Expense ResearchAndDevelopmentExpense | $67.00M | USD | ||
| Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax | $790.00M | USD | ||
| Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense | $237.00M | USD | ||
| Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability | $84.00M | USD | ||
| AI Insight · Contingent consideration liability of $84 million, arising from the Grover acquisition, is a face-value obligation in liquidation. This balance was not present in the prior year period. It represents earnout or contingent payment obligations that survive a wind-up and rank alongside other unsecured claims. Filing does not separately disclose the specific terms or payment schedule of this contingent liability in the XBRL tags beyond the aggregate balance. | ||||
| Contract With Customer Liability ContractWithCustomerLiability | $30.00M | USD | ||
| Depreciation Depreciation | $47.00M | USD | ||
| Depreciation Depletion And Amortization DepreciationDepletionAndAmortization | $108.00M | USD | ||
| Derivative Cost Of Hedge DerivativeCostOfHedge | $5.00M | USD | ||
| Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements | $1.60M | shares | ||
| Interest Paid Net InterestPaidNet | $68.00M | USD | ||
| Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue | $55.00M | USD | ||
| AI Insight · Legal contingency accrual declined from $144 million at December 31, 2025 to $55 million at March 31, 2026, a reduction of $89 million. This reflects the Aristocrat Australia settlement payment (approximately $128 million AUD-equivalent, disclosed as ~$128 million USD in the filing). The reduction is partially offset by the $50 million Q1 2026 legal reserve charge in the restructuring line. Residual accrued contingency of $55 million plus up to $14 million additional possible losses not yet accrued remain face-value obligations in liquidation. The post-period AztecGold shareholder class action is unquantified and unaccrued. | ||||
| Loss Contingency Range Of Possible Loss Portion Not Accrued LossContingencyRangeOfPossibleLossPortionNotAccrued | $14.00M | USD | ||
| Number Of Reportable Segments NumberOfReportableSegments | $3 | Segment | ||
| Profit Loss ProfitLoss | $52.00M | USD | ||
| Redemption Premium RedemptionPremium | $33.00M | USD | ||
| Restructuring Charges RestructuringCharges | $54.00M | USD | ||
| AI Insight · Restructuring and other charges of $54 million in Q1 2026 (vs. $20 million in Q1 2025), primarily driven by $50 million in legal reserve contingencies. This charge increased the liability stack without producing any liquidation-recoverable asset. The elevated restructuring run rate, if sustained, accelerates the cash consumption that erodes the already thin cash position ($147 million unrestricted) relative to the $5.2 billion debt face value. | ||||
| BilledContractReceivables BilledContractReceivables | $708.00M | USD | ||
Showing balance sheet tags only. Liquidation analysis uses balance sheet data.