10-Q
Quarterly Report
Marchex, Inc.
MCHX
NASDAQ
CIK: 1224133
File #: 000-50658
Balance Sheet
37 line items · 2 periods
XBRL
| Item | Sep 30, 2023 | Dec 31, 2022 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 13,717,000 | 20,474,000 |
Accounts receivable, net | 8,132,000 | 8,396,000 |
Prepaid expenses and other current assets | 2,107,000 | 2,015,000 |
Total current assets | 23,956,000 | 30,885,000 |
Property and equipment, net | 3,313,000 | 4,050,000 |
Right-of-use lease asset | 1,745,000 | 738,000 |
Other assets, net | 1,112,000 | 973,000 |
Assets held for sale | 400,000 | — |
Goodwill | 17,558,000 | 17,558,000 |
Intangible assets from acquisitions, net | 997,000 | 2,590,000 |
Total assets | 49,081,000 | 56,794,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Accounts payable | 1,177,000 | 2,037,000 |
Accrued benefits and payroll | 2,990,000 | 3,566,000 |
Other accrued expenses and current liabilities | 3,762,000 | 3,825,000 |
Deferred revenue and deposits | 1,212,000 | 1,384,000 |
Right of use liability, current | 452,000 | 1,252,000 |
Finance lease, current | 221,000 | — |
Total current liabilities | 9,814,000 | 12,064,000 |
Deferred tax liabilities | 233,000 | 233,000 |
Finance lease, non-current | 424,000 | — |
Right of use liability non-current | 1,336,000 | 385,000 |
Total liabilities | 11,807,000 | 12,682,000 |
Stockholders’ equity: | ||
Class A | 49,000 | 49,000 |
Class B | 387,000 | 385,000 |
Additional paid-in capital | 356,926,000 | 354,999,000 |
Accumulated deficit | (320,088,000) | (311,321,000) |
Total stockholders’ equity | 37,274,000 | 44,112,000 |
Class A - Common Stock | 49,000 | 49,000 |
Class B - Common Stock | 387,000 | 385,000 |
Additional Paid-in Capital | 356,926,000 | 354,999,000 |
Accumulated Deficit | (320,088,000) | (311,321,000) |
Total liabilities and stockholders’ equity | 49,081,000 | 56,794,000 |