Company: TRUE
Filing Date: 2025-02-21
Form Type: 10-K/A
Source: 0001327318-25-000010
Chunk: 37

Company: TrueCar, Inc.
Filing Date: 2025-02-21
Form: 10-K/A
Chunk 37
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abilities assumed       |     |                |        |
| Accounts payable          |     | $              |  1,244 |
| Accrued employee expenses |     |                |    984 |
| Deferred tax liabilities  |     |                |  2,298 |
| Other liabilities assumed |     |                |    507 |
| Total liabilities assumed |     | $              |  5,033 |
| Net assets acquired       |     |                | 21,786 |
| Consideration paid        |     |                |        |
| Cash paid                 |     | $              | 15,484 |
| Contingent consideration  |     |                |  6,302 |
| Total consideration       |     | $              | 21,786 |

The finalized purchase price allocation is reflected in the consolidated balance sheet as of December 31, 2022.

The estimated useful life for acquired technology was 4years at the time of acquisition, but a change in estimate during the third quarter of 2023 resulted in revision of the useful life to 3 years. Total liabilities assumed include $ 1.8million of accrued Digital Motors transaction expenses, which were paid by the Company shortly after the Acquisition Date and included in cash paid for acquisition, net of cash acquired on the accompanying consolidated statements of cash flows.

The Company incurred transaction co sts of $ 1.0million in connection with the Digital Motors acquisition which were expensed as incurred and included in “General and administrative” expense in the accompanying consolidated statements of comprehensive loss.

The Company’s consolidated financial statements include the operating results of Digital Motors from the Acquisition Date through December 31, 2024. Separate operating results and pro forma results of operations for Digital Motors have not been presented as the effect of the acquisition is not material to the Company’s financial results.

<div align='center'>F-21</div>

#### TrueCar, Inc.

### Notes to Consolidated Financial Statements (Continued)

#### 4. Leases
Lease Costs

For the years ended December 31, 2024, 2023, and 2022, the Company recorded operating lease costs of corporate offices, excluding subleases, in the consolidated statements of comprehensive loss as follows (in thousands):

|                             | Operating lease costs recorded within: |   | Year Ended December 31, 2024 |     |   | Year Ended December 31, 2023 |     |   | Year Ended December 31, 2022 |