MARCHEX INC
For the period ended Sep 30, 2024. Filed Nov 1, 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.
Sep 30, 2024 · Filed Nov 1, 2024
MCHX$1.40+7.7%Stored close · as of Nov 10, 2026
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Condensed Consolidated Balance Sheets (unaudited)
Condensed Consolidated Balance Sheets
| (unaudited) | ||
|---|---|---|
| September 30, | December 31, | |
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $12,078 | $14,607 |
| Accounts receivable, net | 7,760 | 7,394 |
| Prepaid expenses and other current assets | 1,971 | 1,805 |
| Total current assets | 21,809 | 23,806 |
| Property and equipment, net | 2,067 | 2,398 |
| Other assets, net | 1,213 | 1,482 |
| Right-of-use lease assets | 1,277 | 1,631 |
| Goodwill | 17,558 | 17,558 |
| Intangible assets from acquisitions, net | 151 | 602 |
| Total assets | $44,075 | $47,477 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $1,200 | $1,533 |
| Accrued benefits and payroll | 2,641 | 3,294 |
| Other accrued expenses and current liabilities | 3,465 | 3,217 |
| Deferred revenue and deposits | 859 | 1,214 |
| Operating lease liability, current | 499 | 462 |
| Total current liabilities | 8,664 | 9,720 |
| Deferred tax liabilities | 289 | 249 |
| Finance lease liability, non-current | 170 | 421 |
| Operating lease liability, non-current | 837 | 1,217 |
| Total liabilities | $9,960 | $11,607 |
| 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 September 30, 2024 and December 31, 2023 | 49 | 49 |
| Class B: 125,000 shares authorized; 39,021 shares issued and outstanding at September 30, 2024, including 365 shares of restricted stock; and 38,661 shares issued and outstanding at December 31, 2023, including 720 shares of restricted stock | 390 | 386 |
| Additional paid-in capital | 357,944 | 356,666 |
| Accumulated deficit | (324,268) | (321,231) |
| Total stockholders’ equity | 34,115 | 35,870 |
| Total liabilities and stockholders’ equity | $44,075 | $47,477 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.