Firy Inc（FIRY）資訊與事件FIRYFiry Inc

FIRY Reports Q2 Revenue of $31M, Below Consensus

Reports Q2 revenue $31M, consensus $32.14M. Reports paying monthly active users of 117 thousand and average revenue per PMAU of $59.1. "Q2 2026 was, without question, the most consequential period in the Company's recent history," said FIRY CEO Andrew Paradise.

Firy Wins $719M Judgment Against Papaya Gaming

Firy announced a post-trial victory over Papaya Gaming: the U.S. District Court for the Southern District of New York issued an order stating that it will enter judgment against Papaya Gaming of $719M in disgorgement of Papaya's unjust profits to FIRY's wholly owned subsidiary, Skillz Platform, plus an award of certain attorney's fees and costs, nearly $300M more than the jury's April award. The false advertising lawsuit was filed in 2024 against Papaya Gaming for violations of the federal Lanham Act and the New York General Business Law. The $719M disgorgement, found by both the jury and the Court as the appropriate measure of recovery, was entered in lieu of the $420M in actual damages awarded in April 2026, as the Company is entitled to recover once for its injury. A unanimous federal jury found Papaya's advertising was false. The evidence showed that between 2021 and 2024, approximately 70% of the $6.7B in prize money Papaya advertised, roughly $4.7B, was never actually paid to customers because Papaya's bots "won" the prizes instead. Papaya's more than 13M bot participants outnumbered its roughly 11 million real human players. In April 2026, the jury awarded the Company $420M in actual damages, the largest false advertising verdict in U.S. history under the Lanham Act. The Court has now denied all of Papaya's post-trial motions challenging the verdict. The Court also awarded the Company approximately $10M in attorney's fees for 2024 and 2025. Separately, the Court awarded certain litigation costs arising from Papaya executives' invocation of the Fifth Amendment during discovery. A separate opinion addressing the Company's request for injunctive relief is forthcoming. The Company intends to vigorously pursue full collection of the judgment; however, no assurance can be given as to the timing or amount of any ultimate recovery, including in light of any appeal or further proceedings.