MediaAlpha, Inc.
For the period ended Mar 31, 2025. Filed Apr 30, 2025.
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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, 2025 · Filed Apr 30, 2025
MAX$14.37+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
(Unaudited; in thousands)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities | ||
| Net (loss) | $(2,334) | $(1,491) |
| Adjustments to reconcile net (loss) to net cash provided by operating activities: | ||
| Equity-based compensation expense | 7,024 | 8,634 |
| Non-cash lease expense | 227 | 196 |
| Depreciation expense on property and equipment | 62 | 61 |
| Amortization of intangible assets | 1,444 | 1,609 |
| Amortization of deferred debt issuance costs | 180 | 191 |
| Write-off of intangible assets | 13,416 | — |
| Credit losses | (95) | (82) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 28,181 | (3,640) |
| Prepaid expenses and other current assets | (363) | (147) |
| Other assets | 125 | 125 |
| Accounts payable | (23,209) | (2,693) |
| Accrued expenses | (957) | (1,085) |
| Net cash provided by operating activities | $23,701 | $1,678 |
| Cash flows from investing activities | ||
| Purchases of property and equipment | (57) | (34) |
| Net cash (used in) investing activities | $(57) | $(34) |
| Cash flows from financing activities | ||
| Repayments on long-term debt | (2,375) | (2,375) |
| Distributions to non-controlling interests | (107) | (113) |
| Shares withheld for taxes on vesting of restricted stock units | (867) | (1,956) |
| Net cash (used in) financing activities | $(3,349) | $(4,444) |
| Net increase (decrease) in cash and cash equivalents | 20,295 | (2,800) |
| Cash and cash equivalents, beginning of period | 43,266 | 17,271 |
| Cash and cash equivalents, end of period | $63,561 | $14,471 |
| Supplemental disclosures of cash flow information | ||
| Cash paid during the period for: | ||
| Interest | $2,961 | $3,783 |
| Non-cash Investing and Financing Activities: | ||
| Right-of-use assets obtained in exchange of lease obligations | $176 | $— |
| Vesting of performance-based restricted stock units | $1,649 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.