Firy Inc. reported unaudited financial results for the second quarter ended June 30, 2026, posting revenue of $31.0 million and a net loss of $24.5 million. Revenue rose 6% sequentially and 23% year over year, driven by RZR which surpassed $10 million in quarterly revenue for the first time. The company reported an Adjusted EBITDA loss of $2.7 million excluding litigation expenses, a significant improvement from the prior quarter's $7.1 million loss. In July, a court entered judgment against Papaya Gaming for $719 million in disgorgement plus approximately $10 million in fees and costs; Papaya has since filed for Chapter 15 protection in Delaware. Additionally, Firy announced the redemption of $80 million of debt in August, leaving approximately $50 million outstanding as it seeks to strengthen its capital structure. Firy Inc. operates a global holding company portfolio including Skillz, RZR, and Beamable at the intersection of content, identity, commerce, and performance marketing.

Firy Inc. delivered a notice to redeem $80.0 million of its outstanding 10.250% Secured Notes due 2026 at 100.000% of principal plus accrued interest, with the redemption effective August 14, 2026. As of August 4, 2026, $129,671,000 in aggregate principal amount remained outstanding. Firy Inc. operates in the mobile gaming platform industry.

Firy Inc. announced that a U.S. District Court ordered Papaya Gaming to pay $719 million in disgorgement of unjust profits to Firy’s subsidiary, Skillz Platform Inc., plus approximately $10 million in attorney’s fees and costs. This post-trial judgment, entered by Judge Denise Cote on July 27, 2026, nearly triples the $420 million actual damages awarded by a jury in April 2026. The ruling resolves a false advertising lawsuit filed in 2024 alleging Papaya used bots to fake competition and misrepresent prize payouts between 2021 and 2024. While Firy intends to pursue full collection, it cautioned that recovery timing and amount are uncertain due to potential appeals. Firy Inc. operates as a global holding company with a portfolio including Skillz, a mobile gaming platform, RZR, a performance marketing firm, and Beamable, a game backend provider.

Skillz Inc. changed its corporate name to Firy Inc. on June 18, 2026, by filing a Certificate of Amendment to its Fifth Amended and Restated Certificate of Incorporation in Delaware. The company's Class A common stock will transition from the ticker symbol "SKLZ" to "FIRY" on the New York Stock Exchange, with an expected effective date of June 22, 2026. The CUSIP number remains unchanged. The Board of Directors also approved amended and restated bylaws to reflect the new name. Skillz Inc. operates in the mobile gaming and competitive esports industry.

On June 18, 2026, Skillz Inc. changed its corporate name to Firy Inc. The company also announced an investor presentation to be delivered at its 2026 annual meeting of stockholders and posted to its investor website. Skillz Inc. operates in the mobile gaming industry, providing a platform for competitive esports.