Company: MMI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001578732-25-000040
Chunk: 43

Company: Marcus & Millichap, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 43
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Adjusted net loss$(11,035)$(5,535)$(15,452)$(15,501)Denominator:BasicWeighted average common shares issued and outstanding39,02138,69238,98438,578Deduct: Unvested RSAs (2)(17)(17)(17)(17)Weighted average common shares outstanding39,00438,67538,96738,561Basic loss per common share$(0.28)$(0.14)$(0.40)$(0.40)DilutedWeighted average common shares outstanding from above39,00438,67538,96738,561Add: Dilutive effect of RSUs, RSAs, PSUs & ESPP(3)————Add: Contingently issuable shares(1)(3)————Weighted average common shares outstanding39,00438,67538,96738,561Diluted loss per common share$(0.28)$(0.14)$(0.40)$(0.40)Antidilutive shares excluded from diluted loss per common share(4)1,2971,2961,1841,220(1)Relates to contingently issuable stock settled consideration. (2)RSAs were issued to the non-employee directors and will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of stockholders, subject to service requirements. See Note 9 – “Stock-Based Compensation Plans” for additional information. (3)Shares related to the Company's RSUs, RSAs, PSUs, Amended ESPP, and contingently issuable shares were excluded from the weighted average common shares outstanding for each of the three and six months ended June 30, 2025 and 2024 because inclusion of such shares would be antidilutive in a period of loss.

(4)Primarily pertaining to RSU grants to the Company’s employees and independent contractors. 

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Table of ContentsMARCUS & MILLICHAP, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 

12. Segment Information

The Company's single reportable segment, the commercial real estate services segment, derives revenues from customers by providing investment sales and financing services to investors in commercial real estate. The measure of segment assets is reported on the consolidated balance sheets as total assets.The following table presents selected financial information with respect to the Company's single reportable segment for the