Basis of Presentation and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2022

Basis of Presentation and Summary of Significant Accounting Policies

Schedule of property and equipment useful lives

	Useful Life
Redbox kiosks and components		3 - 5 years
Computers and software		2 - 3 years
Leasehold improvements (shorter of life of asset or remaining lease term)		3 - 6 years
Office furniture and equipment		5 - 7 years
Vehicles		3 - 4 years

Schedule of property and equipment

The value of the Company’s property and equipment as of September 30, 2022 is included in Other assets, net on the Consolidated Balance Sheets and is as follows (in thousands):

	September 30,
	2022
Redbox kiosks and components	$	8,507,604
Computers and software		4,766,582
Leasehold improvements (shorter of life of asset or remaining lease term)		4,983,222
Office furniture and equipment		1,363,208
Vehicles		2,642,217
Property and equipment, at cost		22,262,833
Accumulated depreciation and amortization		(3,934,466)
Property and equipment, net	$	18,328,367