Marchex Inc. Files 2024 Annual Report

TL;DR

Marchex filed its 2024 10-K. All systems go.

AI Summary

Marchex Inc. filed its 10-K report for the fiscal year ending December 31, 2024, on March 14, 2025. The company, headquartered in Seattle, WA, operates in the business services sector. The filing details its financial performance and business operations for the period, including information on its common stock and various assets. Marchex Inc. is incorporated in Delaware and its IRS number is 352194038.

Why It Matters

This 10-K filing provides a comprehensive overview of Marchex Inc.'s financial health and operational status for the past fiscal year, crucial for investors and stakeholders to assess the company's performance and future prospects.

Risk Assessment

Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant positive news that would alter the risk profile.

Key Numbers

• 2024-12-31 — Fiscal Year End (The report covers the period up to this date.)
• 2025-03-14 — Filing Date (The date the 10-K was officially submitted to the SEC.)

Key Players & Entities

• MARCHEX INC (company) — Filer
• 2024-12-31 (date) — Fiscal Year End
• 2025-03-14 (date) — Filing Date
• SEATTLE (location) — Business Address City
• DE (location) — State of Incorporation
• 7389 (number) — Standard Industrial Classification Code
• 352194038 (number) — IRS Number

FAQ

From the Filing

0000950170-25-039513.txt : 20250314 0000950170-25-039513.hdr.sgml : 20250314 20250314164020 ACCESSION NUMBER: 0000950170-25-039513 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 82 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250314 DATE AS OF CHANGE: 20250314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARCHEX INC CENTRAL INDEX KEY: 0001224133 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 352194038 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50658 FILM NUMBER: 25740858 BUSINESS ADDRESS: STREET 1: 1200 FIFTH AVE STREET 2: SUITE 1300 CITY: SEATTLE STATE: WA ZIP: 98101 BUSINESS PHONE: 206-331-3300 MAIL ADDRESS: STREET 1: 1200 FIFTH AVE STREET 2: SUITE 1300 CITY: SEATTLE STATE: WA ZIP: 98101 10-K 1 mchx-20241231.htm 10-K 10-K false FY 0001224133 http://fasb.org/us-gaap/2024#ServiceMember http://fasb.org/us-gaap/2024#ServiceMember 5 1 1 http://fasb.org/srt/2024#ChiefExecutiveOfficerMember http://fasb.org/us-gaap/2024#AccountingStandardsUpdate202307Member http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent 1 http://fasb.org/us-gaap/2024#RelatedPartyMember http://fasb.org/us-gaap/2024#RelatedPartyMember 0001224133 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-12-31 0001224133 us-gaap:CustomerRelationshipsMember 2024-01-01 2024-12-31 0001224133 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2022-12-31 0001224133 us-gaap:ConstructionInProgressMember 2023-12-31 0001224133 us-gaap:RestrictedStockMember 2024-01-01 2024-12-31 0001224133 us-gaap:FairValueInputsLevel1Member us-gaap:CashMember 2024-12-31 0001224133 us-gaap:ComputerEquipmentMember 2024-12-31 0001224133 us-gaap:CommonClassAMember 2024-12-31 0001224133 us-gaap:EmployeeStockOptionMember 2024-01-01 2024-12-31 0001224133 us-gaap:RevenueFromContractWithCustomerMember us-gaap:GeographicConcentrationRiskMember 2023-01-01 2023-12-31 0001224133 mchx:CustomerAMember us-gaap:AccountsReceivableMember us-gaap:CustomerConcentrationRiskMember 2024-01-01 2024-12-31 0001224133 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0001224133 mchx:ServiceCostsMember 2023-01-01 2023-12-31 0001224133 2024-12-31 0001224133 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember mchx:AdministrativeSupportServicesAgreementMember 2023-12-31 0001224133 us-gaap:LeaseholdImprovementsMember srt:MinimumMember 2024-12-31 0001224133 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-01-01 2024-12-31 0001224133 srt:MinimumMember 2024-01-01 2024-12-31 0001224133 us-gaap:TradeNamesMember 2024-12-31 0001224133 us-gaap:CommonClassAMember 2024-01-01 2024-12-31 0001224133 us-gaap:AccountsReceivableMember mchx:IndependentDealerNetworkAMember us-gaap:CustomerConcentrationRiskMember 2023-01-01 2023-12-31 0001224133 2024-01-01 2024-12-31 0001224133 us-gaap:CommonClassAMember 2025-03-07 0001224133 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-12-31 0001224133 us-gaap:CommonClassBMember 2023-12-31 0001224133 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001224133 us-gaap:NoncompeteAgreementsMember 2023-12-31 0001224133 us-gaap:OtherAssetsMember 2024-12-31 0001224133 us-gaap:RevenueFromContractWithCustomerMember country:US us-gaap:GeographicConcentrationRiskMember 2024-01-01 2024-12-31 0001224133 2023-12-31 0001224133 2022-12-31 0001224133 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember mchx:AdministrativeSupportServicesAgreementMember 2024-12-31 0001224133 us-gaap:RelatedPartyMember us-gaap:GeneralAndAdministrativeExpenseMember 2024-01-01 2024-12-31 0001224133 mchx:CanadaAndOtherCountriesMember us-gaap:RevenueFromContractWithCustomerMember us-gaap:GeographicConcentrationRiskMember 2023-01-01 2023-12-31 0001224133 srt:MaximumMember us-gaap:CustomerContractsMember 2024-01-01 2024-12-31 0001224133 us-gaap:FairValueInputsLevel1Member 2023-12-31 000