10-Q
Quarterly Report
Marchex, Inc.
MCHX
NASDAQ
CIK: 1224133
File #: 000-50658
Balance Sheet
35 line items · 2 periods
XBRL
| Item | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 12,032,000 | 14,607,000 |
Accounts receivable, net | 8,145,000 | 7,394,000 |
Prepaid expenses and other current assets | 2,298,000 | 1,805,000 |
Total current assets | 22,475,000 | 23,806,000 |
Property and equipment, net | 2,093,000 | 2,398,000 |
Other assets, net | 1,489,000 | 1,482,000 |
Right-of-use lease asset | 1,515,000 | 1,631,000 |
Goodwill | 17,558,000 | 17,558,000 |
Intangible assets from acquisitions, net | 452,000 | 602,000 |
Total assets | 45,582,000 | 47,477,000 |
Liabilities and Stockholders’ Equity | ||
Current liabilities: | ||
Accounts payable | 1,455,000 | 1,533,000 |
Accrued benefits and payroll | 1,566,000 | 3,294,000 |
Other accrued expenses and current liabilities | 3,608,000 | 3,217,000 |
Deferred revenue and deposits | 1,916,000 | 1,214,000 |
Lease liability current | 472,000 | 462,000 |
Total current liabilities | 9,017,000 | 9,720,000 |
Deferred tax liabilities | 276,000 | 249,000 |
Finance lease, non-current | 340,000 | 421,000 |
Lease liability, non-current | 1,096,000 | 1,217,000 |
Total liabilities | 10,729,000 | 11,607,000 |
Stockholders’ equity: | ||
Class A | 49,000 | 49,000 |
Class B | 389,000 | 386,000 |
Additional paid-in capital | 357,096,000 | 356,666,000 |
Accumulated deficit | (322,681,000) | (321,231,000) |
Total stockholders’ equity | 34,853,000 | 35,870,000 |
Accumulated Deficit | (322,681,000) | (321,231,000) |
Class A - Common Stock | 49,000 | 49,000 |
Additional Paid-in Capital | 357,096,000 | 356,666,000 |
Class B - Common Stock | 389,000 | 386,000 |
Total liabilities and stockholders’ equity | 45,582,000 | 47,477,000 |