Company: TRUE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001327318-25-000006
Chunk: 13

Company: TrueCar, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 13
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766)$(118,685)

The accompanying notes are an integral part of these consolidated financial statements.

F-5

TrueCar, Inc.

Consolidated Statements of Stockholders’ Equity

(in thousands except share data)

 Common Stock APICAccumulated DeficitStockholders’ Equity SharesAmountBalance at December 31, 202196,213,243 $10 $723,623 $(393,847)$329,786 Net loss— — — (118,685)(118,685)Repurchase of common stock(9,838,785)(1)(29,782)— (29,783)Stock-based compensation— — 18,700 — 18,700 Shares issued in connection with employee stock plans, net of shares withheld for employee taxes2,064,630 — (2,751)— (2,751)Balance at December 31, 202288,439,088 $9 $709,790 $(512,532)$197,267 Net loss— — — (49,766)(49,766)Stock-based compensation— — 15,137 — 15,137 Shares issued in connection with employee stock plans, net of shares withheld for employee taxes2,652,453 — (2,423)— (2,423)Balance at December 31, 202391,091,541 $9 $722,504 $(562,298)$160,215 Net loss— — — (31,048)(31,048)Repurchase of common stock, including excise tax(6,051,170)— (20,219)— (20,219)Stock-based compensation— — 12,458 — 12,458 Shares issued in connection with employee stock plans, net of shares withheld for employee taxes2,149,765 — (3,269)— (3,269)Balance at December 31, 202487,190,136 $9 $711,474 $(593,346)$118,137 

The accompanying notes are an integral part of these consolidated financial statements.

F-6

TrueCar, Inc.

Consolidated Statements of Cash Flows

(in thousands) For the Year Ended December 31, 202420232022Cash flows from operating activities            Net loss