Form 10 Explorer
10-K
Annual Report
Marchex, Inc.

MCHX

NASDAQ

CIK: 1224133

File #: 000-50658

Period End: Dec 31, 2024

Fiscal Year: 2024

View on EDGAR
Balance Sheet
35 line items · 2 periods
XBRL
ItemDec 31, 2024Dec 31, 2023
Assets
Current assets:
Cash and cash equivalents
12,767,00014,607,000
Accounts receivable, net
7,072,0007,394,000
Prepaid expenses and other current assets
2,439,0001,805,000
Total current assets
22,278,00023,806,000
Property and equipment, net
1,811,0002,398,000
Other assets, net
397,0001,482,000
Right-of-use lease assets
1,156,0001,631,000
Goodwill
17,558,00017,558,000
Intangible assets from acquisitions, net
602,000
Total assets
43,200,00047,477,000
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable
1,349,0001,533,000
Accrued benefits and payroll
2,133,0003,294,000
Other accrued expenses and current liabilities
4,197,0003,217,000
Deferred revenue and deposits
1,093,0001,214,000
Operating lease liability, current
495,000462,000
Total current liabilities
9,267,0009,720,000
Deferred tax liabilities
579,000249,000
Finance lease liability, non-current
421,000
Operating lease liability, non-current
721,0001,217,000
Total liabilities
10,567,00011,607,000
Stockholders’ equity:
Class A
49,00049,000
Class B
390,000386,000
Additional paid-in capital
358,372,000356,666,000
Accumulated deficit
(326,178,000)(321,231,000)
Total stockholders’ equity
32,633,00035,870,000
Class B - Common stock
390,000386,000
Class A - Common stock
49,00049,000
Additional Paid-in Capital
358,372,000356,666,000
Accumulated Deficit
(326,178,000)(321,231,000)
Total liabilities and stockholders’ equity
43,200,00047,477,000