Company: TRUE
Filing Date: 2025-02-21
Form Type: 10-K/A
Source: 0001327318-25-000010
Chunk: 47

Company: TrueCar, Inc.
Filing Date: 2025-02-21
Form: 10-K/A
Chunk 47
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| Purchase obligations |     | $     | 10,127 |     | $                | 8,069 |     | $           | 2,058 |     | $           | — |     | $                 | — |

Purchase obligations include long-term agreements to purchase data information, software-related licenses, and support services, and other obligations that are enforceable and legally binding as of December 31, 2024. Purchase obligations exclude agreements that are cancellable without penalty.

Credit Facility

In March 2023, the Company terminated its third amended and restated loan and security agreement (the “Credit Facility”) with a financial institution that provided for advances under a $ 35.0million revolving line of credit. As of the date of the termination, the company had nooutstanding amounts under the Credit Facility.

<div align='center'>F-27</div>

#### TrueCar, Inc.

### Notes to Consolidated Financial Statements (Continued)

#### 10. Stockholders’ Equity
Share Repurchase Program

In July 2020, the Company’s board of directors authorized an open market stock repurchase program (the “Program”) of up to $ 75million to allow for the repurchase of shares of the Company’s common stock through September 30, 2022. In May 2021, the Company’s board of directors increased the authorization of the Program by an additional $ 75million, bringing the total authorization to $ 150million. In July 2022, the Company’s board of directors extended the expiration of the Program until September 30, 2024. In February 2024, the Program had a remaining authorization of $ 45.8million and the Company’s board of directors increased the authorization of the Program by $ 54.2million, bringing the total remaining authorization to $ 100million, as well as extended the expiration of the program until December 31, 2026. Following this increase, the Company had $ 100million of remaining authorization for future repurchases. The timing and amount of any repurchases will be determined by Company management based on its evaluation of market conditions and other factors. Repurchases of the Company’s common stock may be made under a Rule 10b5-1 plan, which would permit common stock to be repurchased when the Company might otherwise be precluded from doing so under insider trading laws, open market purchases, privately-negotiated transactions, block purchases or otherwise in accordance with applicable federal securities laws. The Program may