MARCHEX INC
For the period ended Mar 31, 2024. Filed May 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 14, 2024
MCHX$1.32+3.9%Stored close · as of Nov 6, 2026
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Condensed Consolidated Balance Sheets (unaudited)
| December 31, | March 31, | |
|---|---|---|
| 2023 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $14,607 | $12,032 |
| Accounts receivable, net | 7,394 | 8,145 |
| Prepaid expenses and other current assets | 1,805 | 2,298 |
| Total current assets | 23,806 | 22,475 |
| Property and equipment, net | 2,398 | 2,093 |
| Other assets, net | 1,482 | 1,489 |
| Right-of-use lease asset | 1,631 | 1,515 |
| Goodwill | 17,558 | 17,558 |
| Intangible assets from acquisitions, net | 602 | 452 |
| Total assets | $47,477 | $45,582 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $1,533 | $1,455 |
| Accrued benefits and payroll | 3,294 | 1,566 |
| Other accrued expenses and current liabilities | 3,217 | 3,608 |
| Deferred revenue and deposits | 1,214 | 1,916 |
| Lease liability current | 462 | 472 |
| Total current liabilities | 9,720 | 9,017 |
| Deferred tax liabilities | 249 | 276 |
| Finance lease, non-current | 421 | 340 |
| Lease liability, non-current | 1,217 | 1,096 |
| Total liabilities | $11,607 | $10,729 |
| Stockholders’ equity: | ||
| Common stock, $0.01 par value. Authorized 137,500 shares | ||
| Class A: 12,500 shares authorized; 4,661 shares issued and outstanding at December 31, 2023 and March 31, 2024 | 49 | 49 |
| Class B: 125,000 shares authorized; 38,661 shares issued and outstanding at December 31, 2023 including 720 shares of restricted stock; and 39,017 shares issued and outstanding at March 31, 2024, including 615 shares of restricted stock | 386 | 389 |
| Additional paid-in capital | 356,666 | 357,096 |
| Accumulated deficit | (321,231) | (322,681) |
| Total stockholders’ equity | 35,870 | 34,853 |
| Total liabilities and stockholders’ equity | $47,477 | $45,582 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.