Company: MMI
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001578732-25-000015
Chunk: 30

Company: Marcus & Millichap, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 30
---
, 2023, respectively, and $0 allowance for credit losses)189,667 168,881 Advances and loans, net17,519 3,574 Other assets, current15,543 16,203 Total current assets410,319 393,694 Property and equipment, net26,139 27,450 Operating lease right-of-use assets, net81,120 90,058 Marketable debt securities, available-for-sale (amortized cost of $52,366 and $69,538 at December 31, 2024 and December 31, 2023 respectively, and $0 allowance for credit losses)51,147 67,459 Assets held in rabbi trust12,191 10,838 Deferred tax assets, net48,080 46,930 Goodwill and other intangible assets, net43,521 51,183 Advances and loans, net173,657 175,827 Other assets, non-current23,626 14,972 Total assets$869,800 $878,411 Liabilities and stockholders’ equityCurrent liabilities:Accounts payable and accrued expenses$13,737 $8,126 Deferred compensation and commissions67,197 55,769 Operating lease liabilities18,522 18,336 Accrued bonuses and other employee related expenses25,485 19,119 Other liabilities, current8,076 3,919 Total current liabilities133,017 105,269 Deferred compensation and commissions33,257 47,771 Operating lease liabilities65,701 69,407 Other liabilities, non-current7,007 10,690 Total liabilities238,982 233,137 Commitments and contingencies— — Stockholders’ equity:Preferred stock, $0.0001 par value:Authorized shares – 25,000,000; issued and outstanding shares – none at December 31, 2024 and December 31, 2023, respectively— — Common stock, $0.0001 par value:Authorized shares – 150,000,000; issued and outstanding shares – 38,856,790 and 38,412,484 at December 31, 2024 and December 31, 2023, respectively4 4 Additional paid-in capital173,340 153,740 Retained earnings458,907 492,298 Accum