10-K
Annual Report
Marchex, Inc.
MCHX
NASDAQ
CIK: 1224133
File #: 000-50658
Balance Sheet
35 line items · 2 periods
XBRL
| Item | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 14,607,000 | 20,474,000 |
Accounts receivable, net | 7,394,000 | 8,396,000 |
Prepaid expenses and other current assets | 1,805,000 | 2,015,000 |
Total current assets | 23,806,000 | 30,885,000 |
Property and equipment, net | 2,398,000 | 4,050,000 |
Other assets, net | 1,482,000 | 973,000 |
Right-of-use lease asset | 1,631,000 | 738,000 |
Goodwill | 17,558,000 | 17,558,000 |
Intangible assets from acquisitions, net | 602,000 | 2,590,000 |
Total assets | 47,477,000 | 56,794,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Accounts payable | 1,533,000 | 2,037,000 |
Accrued benefits and payroll | 3,294,000 | 3,566,000 |
Other accrued expenses and current liabilities | 3,217,000 | 3,825,000 |
Deferred revenue and deposits | 1,214,000 | 1,384,000 |
Lease liability current | 462,000 | 1,252,000 |
Total current liabilities | 9,720,000 | 12,064,000 |
Deferred tax liabilities | 249,000 | 233,000 |
Finance lease, non-current | 421,000 | — |
Lease liability non-current | 1,217,000 | 385,000 |
Total liabilities | 11,607,000 | 12,682,000 |
Stockholders’ equity: | ||
Class B | 386,000 | 385,000 |
Class A | 49,000 | 49,000 |
Additional paid-in capital | 356,666,000 | 354,999,000 |
Accumulated deficit | (321,231,000) | (311,321,000) |
Total stockholders’ equity | 35,870,000 | 44,112,000 |
Accumulated Deficit | (321,231,000) | (311,321,000) |
Class B - Common stock | 386,000 | 385,000 |
Additional Paid-in Capital | 356,666,000 | 354,999,000 |
Class A - Common stock | 49,000 | 49,000 |
Total liabilities and stockholders’ equity | 47,477,000 | 56,794,000 |