Company: TRUE
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001327318-25-000065
Chunk: 238

Company: TrueCar, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 238
---
 $1.5 million decrease in general outsourced consulting and professional fees, a $0.3 million decrease in recurring employee-related expenses, and a $0.3 million decrease in charges associated with a realignment of the Company’s leadership structure in the prior year. These decreases were partially offset by a $2.5 million increase in outsourced legal, accounting, and other third-party fees incurred in connection with negotiating the Merger.

Depreciation and Amortization Expenses Three Months Ended September 30,Nine Months Ended September 30,  2025202420252024 (in thousands)Depreciation and amortization expenses$2,569 $4,408 $9,883 $13,677 

Three months ended September 30, 2025 compared to three months ended September 30, 2024. Depreciation and amortization expenses decreased $1.8 million, or 41.7%, for the three months ended September 30, 2025 as compared to the three months ended September 30, 2024. We expect our depreciation and amortization expenses to continue to be affected by the amount of capitalized internally developed software costs and the timing of placing projects in service.

Nine months ended September 30, 2025 compared to nine months ended September 30, 2024. Depreciation and amortization expenses decreased $3.8 million, or 27.7%, for the nine months ended September 30, 2025 as compared to the nine months ended September 30, 2024. We expect our depreciation and amortization expenses to continue to be affected by the amount of capitalized internally developed software costs and the timing of placing projects in service.

34

Other Income Three Months Ended September 30,Nine Months Ended September 30,  2025202420252024 (in thousands)Other income$11,397 $— $11,397 $— 

Three months ended September 30, 2025 compared to three months ended September 30, 2024. Other income for the three months ended September 30, 2025 was solely comprised of the gain on legal settlement resulting from the CDK Settlement Agreement as described in Note 5.

Nine months ended September 30, 2025 compared to nine months ended September 30, 2024. Other income for the nine months ended September 30, 2025 was solely comprised of the gain on legal settlement resulting