Company: TRUE
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001327318-25-000065
Chunk: 162

Company: TrueCar, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 162
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181 118,137 Total liabilities and stockholders’ equity$148,687 $159,691 

See accompanying notes to condensed consolidated financial statements.

5

TRUECAR, INC. 

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(in thousands except per share data)

(Unaudited)

 Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024Revenues$43,207 $46,544 $135,015 $129,391 Costs and operating expenses:Cost of revenue (exclusive of depreciation and amortization presented separately below)8,804 7,736 28,843 17,481 Sales and marketing 23,059 25,049 73,181 71,076 Technology and development6,969 7,179 22,183 22,735 General and administrative9,154 9,560 28,050 34,484 Depreciation and amortization2,569 4,408 9,883 13,677 Total costs and operating expenses50,555 53,932 162,140 159,453 Loss from operations(7,348)(7,388)(27,125)(30,062)Interest income950 1,560 2,973 4,876 Other income11,397 — 11,397 — Income (loss) before income taxes4,999 (5,828)(12,755)(25,186)Provision for income taxes2 3 11 13 Net income (loss)$4,997 $(5,831)$(12,766)$(25,199)Net income (loss) per share, basic$0.06 $(0.06)$(0.15)$(0.28)Net income (loss) per share, diluted$0.06 $(0.06)$(0.15)$(0.28)Weighted average common shares outstanding, basic88,526 90,323 87,903 91,133 Weighted average common shares outstanding, diluted88,938 90,323 87,903 91,133 Other comprehensive income (loss):  Comprehensive income (loss)$4,997 $(5,831)$(12,766)$(25,199) 

See accompanying notes to condensed consolidated