Company: EVCM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001853145-25-000047
Chunk: 79

Company: EverCommerce Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 79
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154 $96,799 $105,285 Operating expenses:Cost of revenues (exclusive of depreciation and amortization presented separately below)24,830 28,650 71,598 83,728 Sales and marketing1,989 2,032 7,274 6,229 Product development1,138 965 3,647 2,795 General and administrative2,555 2,705 7,274 7,796 Depreciation and amortization— 2,040 1,191 6,124 (Gain) loss on held for sale and impairments(2,146)— 6,875 (11)Total operating expenses28,366 36,392 97,859 106,661 Operating income (loss)5,265 (238)(1,060)(1,376)Other income, net— 1 3 1 Net income (loss) before income tax benefit5,265 (237)(1,057)(1,375)Income tax benefit47 196 114 196 Income (loss) from discontinued operations, net of income tax$5,312 $(41)$(943)$(1,179)

8

EverCommerce Inc.Notes to Unaudited Condensed Consolidated Financial Statements

The components of assets and liabilities classified as held for sale on our condensed consolidated balance sheets were as follows:September 30,December 31,20252024(in thousands)Assets:Cash and cash equivalents$400 $— Accounts receivable, net11,762 9,065 Contract assets468 474 Prepaid expenses and other current assets1,826 1,883 Property and equipment, net517 529 Capitalized software, net2,749 2,071 Other non-current assets3,039 3,359 Intangible assets, net14,670 15,668 Goodwill16,288 23,152 Total assets51,719 56,201 Valuation allowance(8)— Assets held for sale$51,711 $56,201 Liabilities:Accounts payable$551 $1,442 Accrued expenses and other7,113 7,659 Deferred revenue3,168 3,009 Customer deposits71 2,188 Other long-term liabilities379 973 Liabilities held for sale11,282 15,271 Assets held