PLAYSTUDIOS to end Tetris Block Party; $3M–$3.5M charge

Q: How much impairment will MYPS record for Tetris Block Party?

PLAYSTUDIOS will recognize a non-cash, pre-tax charge of $3.0 million to $3.5 million in the third quarter of 2026. It relates primarily to capitalized internal-use software development costs and acquired technology associated with Tetris Block Party.

The assets’ carrying value was deemed unrecoverable; related accounting and potential income-tax effects remain under assessment.

Filing Impact

(Moderate)

Filing Sentiment

(Very Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

8-K

Rhea-AI Filing Summary

PLAYSTUDIOS, Inc. (MYPS) will recognize a non-cash, pre-tax impairment charge of $3.0 million to $3.5 million in the third quarter of 2026 after deciding to cease operating Tetris Block Party. The company identified the decision as an impairment indicator during the quarter, concluded the assets’ carrying value was not recoverable, and deemed a reduction in their remaining useful life appropriate. The charge relates primarily to capitalized internal-use software development costs and acquired technology.

PLAYSTUDIOS expects to cease operating Tetris Block Party in October 2026 and reduce the estimated remaining useful life of any assets that remain. The company is evaluating related accounting effects, and management expects to conclude its assessment and finalize the impairment charge with the quarterly report for the period ended September 30, 2026.

0 points · 0 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

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How the balance works How Sentiment works

0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

None.

Negative

Moderate point. Forward-looking: it has not happened yet and may not happen.Expected October shutdown accompanies a $3.0 million to $3.5 million third-quarter 2026 impairment. 5.3% of market cap

Filing Explained

Beyond the disclosed Tetris asset charge, an open question is whether the shutdown triggers an interim goodwill impairment assessment; PLAYSTUDIOS is also reassessing contingent consideration and income-tax effects, with conclusions expected in its September-quarter Form 10-Q.

8-K Event Classification

2 items: 2.06, 9.01

2 items

Item 2.06 Material Impairments Financial

The company concluded that a material charge for impairment of assets (goodwill, intangibles, etc.) is required.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Impairment charge: $3.0 million to $3.5 million Expected cessation of Tetris Block Party operations: October 2026 Quarterly report period end: September 30, 2026

3 metrics

Impairment charge $3.0 million to $3.5 million Non-cash, pre-tax; third quarter of 2026

Expected cessation of Tetris Block Party operations October 2026 PLAYSTUDIOS expects to cease operations

Quarterly report period end September 30, 2026 Management expects to conclude its assessment and finalize the impairment charge with the report

Key Terms

impairment charge, carrying value, contingent consideration, interim goodwill impairment assessment

4 terms

impairment charge financial

"non-cash, pre-tax impairment charge in the third quarter of 2026"

An impairment charge is an accounting write-down taken when a company determines an asset—like a building, patent, or investment—is worth less than its recorded value, similar to lowering the price tag on a used car when damage reduces its resale value. It matters to investors because it reduces reported profits and the company’s asset base, can signal business challenges or one-time losses, and may affect future earnings, creditworthiness, and valuation.

carrying value financial

"the carrying value was not recoverable"

Carrying value is the amount an asset is listed for on a company’s balance sheet after subtracting reductions for wear, age or loss of value from its original purchase cost. Think of it like the price shown in your records for a car after accounting for years of use; it may differ from what you could sell it for today. Investors watch carrying value because it affects reported profits when assets are sold or written down and influences balance-sheet strength and valuation ratios.

contingent consideration financial

"the reassessment of contingent consideration"

Contingent consideration is an additional payment agreed when one company buys another that will be paid later only if specific future targets are met, such as revenue, profit, or regulatory milestones. It matters to investors because it shifts risk between buyer and seller and affects the acquiring company's future cash flow and reported value — like promising a bonus after results are proven.

interim goodwill impairment assessment financial

"requiring an interim goodwill impairment assessment"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much impairment will MYPS record for Tetris Block Party?

PLAYSTUDIOS will recognize a non-cash, pre-tax charge of $3.0 million to $3.5 million in the third quarter of 2026. It relates primarily to capitalized internal-use software development costs and acquired technology associated with Tetris Block Party.

What other accounting effects is MYPS assessing?

PLAYSTUDIOS is reassessing contingent consideration and evaluating whether the events constitute a triggering event requiring an interim goodwill impairment assessment. Management also expects to assess potential income tax expense effects with the quarterly report for the period ended September 30, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/06/2026 - 04:38 PM Accepted by SEC EDGAR 10/06/2026 - 04:38 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

September 30, 2026

Date of Report (date of earliest event reported)

PLAYSTUDIOS, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-39652

88-1802794

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

10150 Covington Cross Drive, Las Vegas, Nevada

89144

(Address of Principal Executive Offices)

(Zip Code)

Registrant's telephone number, including area code: (725) 877-7000

Not applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A common stock

MYPS

The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.06 Material Impairments.

On September 30, 2026, PLAYSTUDIOS, Inc. (the “Company”) made the decision to cease operation of the Company’s product called Tetris Block Party. The Company has determined that this decision constituted an indicator of impairment during the third quarter of 2026. An analysis was performed and as a result, a reduction in the Tetris Block Party assets’ useful life was deemed appropriate, and it was determined that the carrying value was not recoverable. In connection with these developments, on September 30, 2026 the Company concluded that it will recognize a non-cash, pre-tax impairment charge in the third quarter of 2026 in the range of $3.0 million to $3.5 million, in accordance with U.S. generally accepted accounting principles (“GAAP”). The impairment charge relates primarily to capitalized internal-use software development costs and acquired technology associated with Tetris Block Party. The Company expects to cease operation of Tetris Block Party in October 2026 and will reduce the estimated remaining useful life of any remaining Tetris Block Party assets accordingly.

The Company is also evaluating other potential accounting effects associated with these events, including the reassessment of contingent consideration and whether these events constitute a triggering event requiring an interim goodwill impairment assessment.

Management expects to conclude its assessment and finalize the impairment charges along with the assessment of the potential impact to income tax expense with the submission of its Quarterly Report on Form 10-Q for the period ending on September 30, 2026.

Item 9.01. Financial Statements and Exhibits

(a)None

(b)None

(c)None

(d)Exhibits


Exhibit Number						Description
101						Inline XBRL Document Set for the Cover Page from this Current Report on Form 8-K, formatted as Inline XBRL
104						Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 6, 2026


PLAYSTUDIOS, Inc.

By:	/s/ Scott Peterson
	Name:	Scott Peterson
	Title:	Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents