Company: TRUE
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-033025
Chunk: 95

Company: TrueCar, Inc.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 95
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 quarter of 2023 to improve efficiency and reduce expenses. We consider these charges to be unrelated to our underlying results of operations and believe that their exclusion is appropriate to facilitate period-to-period operating performance comparisons. (6) The excluded amounts represent a non-cash impairment charge we recognized on our goodwill during the third quarter of 2022. (7) The excluded amount represents the accretion of interest on the lease liability associated with the terminated office lease at 1401 Ocean Avenue, Santa Monica, California. We consider these charges to be unrelated to our underlying results of operations and believe that their exclusion is appropriate to facilitate period-to-period operating performance comparisons. The following table presents a reconciliation of cash flow from operating activities to free cash flow for the period presented:

| ​ | ​                                                                        | ​ | ​ |   |   |        | Three Months EndedDecember 31, 2024 | ​ |
|:--|:-------------------------------------------------------------------------|:--|:--|:--|:--|-------:|:------------------------------------|:--|
| ​ | Reconciliation of Cash Flows from Operating Activities to Free Cash Flow | ​ | ​ | ​ | ​ |      ​ | ​                                   | ​ |
| ​ | Net cash provided by operating activities                                | ​ | ​ | ​ | $ |  5,855 | ​                                   | ​ |
| ​ | Non-GAAP Adjustments:                                                    | ​ | ​ | ​ | ​ |      ​ | ​                                   | ​ |
| ​ | Purchase of property and equipment                                       | ​ | ​ | ​ | ​ | -1,709 | ​                                   | ​ |
| ​ | Free cash flow                                                           | ​ | ​ | ​ | $ |  4,146 | ​                                   | ​ |
| ​ | Net cash used in investing activities(1)                                 | ​ | ​ | ​ | $ | -1,709 | ​                                   | ​ |
| ​ | Net cash used in financing activities                                    | ​ | ​ | ​ | $ | -6,820 | ​                                   | ​ |

(1) Net cash used in investing activities includes purchase of property and equipment, which is included in our computation of Free Cash Flow.

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TABLE OF CONTENTS TRUECAR, INC.225 SANTA MONICA BLVD, 12TH FLOORSANTA MONICA, CA 90401 SCAN TOVIEW MATERIALS & VOTE VOTE BY INTERNETBefore The Meeting - Go to www.proxyvote.com or scan the QR Barcode aboveUse the Internet to transmit