Company: MMI
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050707
Chunk: 19

Company: Marcus & Millichap, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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oss) Income TotalSharesAmountSharesAmountBalance at December 31, 2023— $— 38,412,484$4 $153,740 $492,298 $(768)$645,274 Net and comprehensive (loss) income— — — — — (20,910)903 (20,007)Dividends— — — — — (20,244)— (20,244)Stock-based award activityStock-based compensation— — — — 17,755 — — 17,755 Shares issued pursuant to employee stock purchase plan— — 16,348 — 424 — — 424 Issuance of common stock for vesting of restricted stock units— — 535,569 — — — — — Issuance of common stock for unvested restricted stock awards— — 16,121 — — — — — Shares withheld related to net share settlement of stock-based awards— — (165,863)— (5,753)— — (5,753)Issuance of common stock for stock settled deferred consideration— — 25,945 — 833 — — 833 Repurchases of common stock— — (16,900)— — (554)— (554)Balance as of September 30, 2024— $— 38,823,704$4 $166,999 $450,590 $135 $617,728 

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Table of ContentsMARCUS & MILLICHAP, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(Unaudited)

Nine Months Ended September 30,20252024Cash flows from operating activitiesNet loss$(15,217)$(20,910)Adjustments to reconcile net loss to net cash provided by (used in) operating activities:Depreciation and amortization8,745 11,301 Non-cash lease expense15,997 16,855 Credit loss expense(99)379 Stock-based compensation18,368 17,755 Deferred taxes, net(978)(3,613)Unrealized foreign exchange (gains) losses(95)3 Net realized gains on marketable debt securities, available-for-sale(8)—