v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 85,381 $ 43,266
Accounts receivable, net of allowance for credit losses of $729 and $1,005, respectively 102,776 142,932
Prepaid expenses and other current assets 4,317 3,711
Total current assets 192,474 189,909
Intangible assets, net 4,613 19,985
Goodwill 47,739 47,739
Other assets 4,592 4,814
Total assets 249,418 262,447
Current liabilities    
Accounts payable 75,838 105,563
Accrued expenses 63,980 18,542
Current portion of long-term debt 8,869 8,849
Total current liabilities 148,687 132,954
Long-term debt, net of current portion 149,154 153,596
Liabilities under tax receivables agreement, net of current portion 0 7,006
Other long-term liabilities 8,534 15,123
Total liabilities 306,375 308,679
Commitments and contingencies (Note 5)
Stockholders' deficit    
Preferred stock, $0.01 par value - 50 million shares authorized; 0 shares issued and outstanding as of June 30, 2025 and December 31, 2024 0 0
Additional paid-in capital 522,169 507,640
Accumulated deficit (526,623) (505,933)
Total stockholders' (deficit) equity attributable to MediaAlpha, Inc. (3,774) 2,378
Non-controlling interests (53,183) (48,610)
Total stockholders' deficit (56,957) (46,232)
Total liabilities and stockholders' deficit 249,418 262,447
Class A Common    
Stockholders' deficit    
Common stock 564 555
Class B Common    
Stockholders' deficit    
Common stock $ 116 $ 116