10-Q Filing

MARCHEX INC CIK: 1224133 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-012432`
Period End Date	20180331
Filing Date	20180509
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	mchx-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 37 Income Statement 24 Cash Flow Statement 42

Balance Sheet 37 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.07M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$14.89M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$14.86M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.78M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$121.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$101.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.40M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.63M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$534.00K	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$326.00K	USD	Point-in-time
Total assets	`Assets`	$104.40M	USD	Point-in-time
Total assets	`Assets`	$123.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.93M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$6.08M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$5.58M	USD	Point-in-time
Deferred revenue and deposits	`DeferredRevenueAndDepositsCurrent`	$313.00K	USD	Point-in-time
Deferred revenue and deposits	`DeferredRevenueAndDepositsCurrent`	$841.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$21.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.04M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.13M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$14.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$33.82M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$344.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$343.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-253.71M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-254.45M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$90.24M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$90.00M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$123.82M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$104.40M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$21.90M	USD	1 Quarter
Revenue	`Revenues`	$24.38M	USD	1 Quarter
Service costs	`CostOfServices`	$12.82M	USD	1 Quarter
Service costs	`CostOfServices`	$13.60M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$4.99M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$3.61M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$3.65M	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$5.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.97M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.03M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$27.89M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$23.05M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-3.52M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.16M	USD	1 Quarter
Interest income and other, net	`InterestIncomeAndOtherNet`	$240.00K	USD	1 Quarter
Interest income and other, net	`InterestIncomeAndOtherNet`	$17.00K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-915.00K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$12.00K	USD	1 Quarter
Net loss applicable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-926.00K	USD	1 Quarter
Net loss applicable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.51M	USD	1 Quarter
Basic and diluted net loss per Class A and Class B share applicable to common stockholders	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Basic and diluted net loss per Class A and Class B share applicable to common stockholders	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-926.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.51M	USD	1 Quarter
Amortization and depreciation	`DepreciationAndAmortization`	$751.00K	USD	1 Quarter
Amortization and depreciation	`DepreciationAndAmortization`	$524.00K	USD	1 Quarter
Allowance for doubtful accounts and advertiser credits	`AllowanceForDoubtfulAccountsAndAdvertiserCredits`	$159.00K	USD	1 Quarter
Allowance for doubtful accounts and advertiser credits	`AllowanceForDoubtfulAccountsAndAdvertiserCredits`	$307.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.36M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$951.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.88M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-119.00K	USD	1 Quarter
Prepaid expenses, other current assets and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$292.00K	USD	1 Quarter
Prepaid expenses, other current assets and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-169.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.27M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-856.00K	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$193.00K	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-382.00K	USD	1 Quarter
Deferred revenue and deposits	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$6.00K	USD	1 Quarter
Deferred revenue and deposits	`IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits`	$528.00K	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$38.00K	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-134.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.02M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-878.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$769.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.00K	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$4.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-769.00K	USD	1 Quarter
Proceeds from exercises of stock options, issuance and vesting of restricted stock and employee stock purchase plan, net	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$31.00K	USD	1 Quarter
Proceeds from exercises of stock options, issuance and vesting of restricted stock and employee stock purchase plan, net	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$6.00K	USD	1 Quarter
Common stock cash dividends paid	`PaymentsOfDividendsCommonStock`	$21.91M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-21.88M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-878.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-19.63M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$104.19M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$103.95M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$84.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$103.07M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$104.19M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$103.95M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$84.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$103.07M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.