Company: EVCM
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001853145-25-000009
Chunk: 178

Company: EverCommerce Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 178
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 or range of loss is not reasonably estimable.The Company is party to additional legal proceedings incidental to its business. While the outcome of these additional matters could differ from management’s expectations, the Company does not believe that the resolution of such matters is reasonably likely to have a material effect on its results of operations or financial condition.The Company assesses the applicability of nexus in jurisdictions in which the Company sells products and services. As of December 31, 2024 and 2023, the Company recorded a liability in the amount of $10.7 million and $10.9 million, respectively, within current liabilities and other long-term liabilities as a provision for sales and use and gross receipts tax. In connection with the Company's accounting for acquisitions, the Company has recorded liabilities and corresponding provisional escrow or indemnity receivables within the purchase price allocations for instances in which the Company is indemnified for tax matters.

Note 18. Geographic AreasThe following table sets forth long-lived assets by geographic area:December 31,20242023(in thousands)United States$40,252 $41,134 International$10,072 $11,111 

Note 19. Segment ReportingThe Company operates in a single reportable segment. The segment derives revenue from providing SaaS and other technology-based solutions to help service SMB’s optimize their operations, improve customer relationships and experience, and accelerate growth. The Company primarily focuses on three core vertical markets: EverPro for Home Services, EverHealth for Health Services, and EverWell for Wellness Services.The Company’s chief operating decision maker (“CODM”) is the Chief Executive Officer.The accounting policies of the segment are the same as those described in the summary of significant accounting policies. Based on being a single reportable segment company, the Company has disclosed net loss as its primary measure of profit or loss used by the CODM, which is reported on the consolidated statement of operations and comprehensive loss as net loss. The CODM is provided financial information inclusive of net loss, which is used to assess performance of the segment and decide how to allocate resources. The CODM uses net loss, among other metrics, to assist in evaluating the financial performance of the Company and monitoring budget versus actual results. The CODM does not review assets in evaluating segments results, and therefore, such information is not presented. The measure of segment assets is reported on the consolidated balance sheets as total assets.Disaggregated information is not used for assessing the performance of the Company or for making resource allocation decisions. The CODM reviews financial