Company: MMI
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001578732-25-000031
Chunk: 18

Company: Marcus & Millichap, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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 notes to condensed consolidated financial statements. 

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Table of Contents

MARCUS & MILLICHAP, INC. 

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS 

(in thousands) 

(Unaudited) 

Three Months EndedMarch 31,20252024Net loss$(4,422)$(9,987)Other comprehensive income (loss):Marketable debt securities, available-for-sale:Change in net unrealized gains and losses349 (159)Reclassification adjustment for net gains and losses included in other income, net(6)— Net change, net of tax of $110 and $(49) for the three months ended March 31, 2025 and 2024, respectively343 (159)Foreign currency translation gain (loss), net of tax of $0 for each of the three months ended March 31, 2025 and 2024, respectively10 (349)Total other comprehensive income (loss)353 (508)Comprehensive loss$(4,069)$(10,495)

See accompanying notes to condensed consolidated financial statements. 

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Table of ContentsMARCUS & MILLICHAP, INC. CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (in thousands, except for shares) (Unaudited) 

Three Months Ended March 31, 2025Preferred StockCommon StockAdditionalPaid-inCapital RetainedEarningsAccumulatedOtherComprehensive(Loss) IncomeTotal SharesAmountSharesAmountBalance at December 31, 2024— $— 38,856,790 $4 $173,340 $458,907 $(1,433)$630,818 Net and comprehensive (loss) income— — — — — (4,422)353 (4,069)Dividends— — — — — (10,230)— (10,230)Stock-based award activity       Stock-based compensation— — — — 6,179 — — 6,179 Issuance of common stock for vesting of restricted stock units— — 426,884 — — — — — Shares withheld related to net share settlement of stock-based awards— — (133,096)— (4,720)— — (4,720)Repurchases of common stock— — (12