Company: TRUE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001327318-25-000036
Chunk: 149

Company: TrueCar, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 149
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358 118,137 Total liabilities and stockholders’ equity$139,816 $159,691 

See accompanying notes to condensed consolidated financial statements.

5

TRUECAR, INC. 

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in thousands except per share data)

(Unaudited)

 Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Revenues$46,998 $41,795 $91,808 $82,847 Costs and operating expenses:Cost of revenue (exclusive of depreciation and amortization presented separately below)11,149 5,484 20,039 9,745 Sales and marketing 25,105 23,945 50,122 46,027 Technology and development7,095 7,433 15,214 15,556 General and administrative8,812 15,438 18,896 24,924 Depreciation and amortization3,416 4,684 7,314 9,269 Total costs and operating expenses55,577 56,984 111,585 105,521 Loss from operations(8,579)(15,189)(19,777)(22,674)Interest income955 1,672 2,023 3,316 Loss before income taxes(7,624)(13,517)(17,754)(19,358)Provision for income taxes3 3 9 10 Net loss$(7,627)$(13,520)$(17,763)$(19,368)Net loss per share, basic and diluted$(0.09)$(0.15)$(0.20)$(0.21)Weighted average common shares outstanding, basic and diluted87,865 91,849 87,587 91,542 Other comprehensive loss:  Comprehensive loss$(7,627)$(13,520)$(17,763)$(19,368) 

See accompanying notes to condensed consolidated financial statements.

6

TRUECAR, INC. 

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(in thousands except share data)

(Unaudited) 

Six Months Ended June 30, 2025 Common Stock AccumulatedDeficitStockholders’Equity SharesAmountAPICBalance at December 31