Marchex Inc.-B 2025年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934 For the quarterly period endedMarch 31,2025 Marchex, Inc. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of May 7, 2025, the registrant had4,660,927shares of Class A common stock outstanding. The number of shares of Registrant’s ClassB common stock outstanding as of May 7, 2025 was39,240,803. PART I.FINANCIAL INFORMATION Item 1.Consolidated Financial Statements (Unaudited)Consolidated Balance Sheets (Unaudited) PART II.OTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignature MARCHEX, INC. AND SUBSIDIARIESConsolidated Statements of Operations MARCHEX, INC. AND SUBSIDIARIESConsolidated Statements of Cash Flows MARCHEX, INC. AND SUBSIDIARIESNotes to Consolidated Financial Statements Note 1: Description of Business and Basis of Presentation Description of Business Marchex, Inc. ("Marchex" or the “Company”) is a conversation intelligence company that harnesses the power of artificialintelligence ("AI") and conversational intelligence to provide actionable insights aligned with prescriptive vertical market dataanalytics, driving operational excellence and revenue acceleration. Marchex enables executive, sales, and marketing teams tooptimize customer journey experiences across all communications channels. Through our prescriptive analytics solutions, we Marchex was incorporated in the state of Delaware on January 17, 2003. Basis of Presentation The accompanying Consolidated Financial Statements have been prepared in accordance with accounting principles generallyaccepted in the United States ("U.S. GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission("SEC"). Certain information and note disclosures normally included in annual financial statements prepared in accordance with The preparation of our Consolidated Financial Statements requires management to make estimates and assumptions thataffect the amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statementsand the reported amounts of revenue and expenses during the reporting period. The Company has used estimates related to several Recent Accounting Pronouncements Not Yet Effective In December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU")2023-09,Improvements to Income Tax Disclosures, which requires public entities to disclose disaggregated information about theireffective tax rate reconciliation as well as information on income taxes paid. ASU 2023-09 is effective for annual periods In January 2025, the FASB issued ASU 2025-01, which updates the effective date of the November 2024 issued ASU 2024-03,Disaggregation of Income Statement Expenses,that requires public entities to improve disclosures about their expenses andprovide more detailed information about the types of expenses in commonly presented expense captions. ASU 2024-03 is noweffective for annual periods beginning after December 15, 2026 and interim periods within annual periods beginning after Note 2:Revenue Recognition The Company’s AI-powered conversational analytics technology platform provides data and insights into the conversationsour clients are having with their customers across phone, text, and other communication channels. Our tools enable brands topersonalize customer interactions in order to accelerate sales and capture more opportunities to grow their business. The Companygenerates revenue from the Company's conversational analytics technology platform when customers pay the Company a fee forcall, text, or other c