MCHX — what changed in the latest 10-Q
A section-by-section comparison of MCHX's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-13 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +19 | −14 | ~4 | 19 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 3 |
| Risk factors | Text added/removed | +13 | −8 | ~13 | 93 |
| Other information | Text added/removed | 0 | 0 | ~1 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-13
Marchex and Archenia together harness proprietary AI-powered conversational intelligence and advanced customer acquisition technologies to transform consumer intent into actionable, outcome-driven business results. The combination of Marchex's prescriptive analytics and omnichannel intelligence with…
On July 1, 2026, the Company consummated the previously-announced acquisition of 100% of the outstanding shares of capital stock of Archenia, Inc. from its stockholders, pursuant to the SPA, dated May 8, 2026, by and among the Company and sellers. In acquiring 100% of the outstanding shares of capit…
Cost of revenue - amortization of capitalized software development costs
Cost of Revenue. Cost of revenue increased $0.3 million, or 7%, to $4.4 million for the three months ended June 30, 2026 from $4.1 million for the three months ended June 30, 2025. As a percentage of revenue, cost of revenue was 40% and 35% for the three months ended June 30, 2026 and 2025, respecti…
Cost of revenue increased $0.3 million, or 4%, to $8.6 million for the six months ended June 30, 2026 from $8.3 million for the six months ended June 30, 2025. As a percentage of revenue, cost of revenue was 40% and 36% for the six months ended June 30, 2026 and 2025, respectively. During the six mo…
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Marchex harnesses the power of AI and conversation intelligence to provide actionable insights derived from prescriptive vertical market data analytics. Marchex enables organizations across business functions to optimize customer acquisitions and experiences, transforming conversations into meaningf…
on deferred tax assets and liabilities of a change in tax law is recognized in results of operations in the period that includes the enactment date.
Cost of Revenue. Cost of revenue was $4.2 million for both the three months ended March 31, 2026 and 2025. As a percentage of revenue, cost of revenue was 40% and 37% for the three months ended March 31, 2026 and 2025, respectively. During the three months ended March 31, 2026 payroll costs increase…
Sales and Marketing. Sales and marketing expenses were $3.3 million for both the three months ended March 31, 2026 and 2025. As a percentage of revenue, sales and marketing expenses were 31% and 29% for the three months ended March 31, 2026 and 2025, respectively. During the three months ended March…
Product Development. Product development expenses decreased $0.3 million, or 11%, to $2.4 million for the three months ended March 31, 2026 from $2.7 million for the three months ended March 31, 2025. As a percentage of revenue, product development expenses were 23% and 24% for the three months ende…
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-13
We depend on distribution partners for call and other consumer traffic, and the loss of distribution partners or a decrease in the volume, quality or economic contribution of traffic from them could adversely affect our business.
A portion of our performance advertising services depends on distribution partners that supply calls, leads or other consumer traffic to be delivered to advertisers and other customers. Our agreements with many distribution partners may permit termination on short notice and are generally structured…
volumes and new budgets for many customers and advertisers whose fiscal years end December 31. However, there can be no assurance that these seasonal trends will consistently repeat each year, particularly as customers and advertisers may adjust budgets, marketing strategies, agency relationships or…
enhance our products and services and to develop and introduce, on a timely and cost-effective basis, new products and services that meet changing customer requirements and incorporate technological enhancements. If we are unable to develop or acquire new products, services, functionalities, or tech…
If we do not maintain a sufficient base of advertisers and distribution partners, the value and scale of our performance advertising services could decline.
Text removed vs the prior filing · source: 10-Q · 2026-05-14
implementation or operation, could harm our operating results, or cause us to fail to meet our financial reporting obligations. Inadequate internal controls could also cause investors to lose confidence in our reported financial information, which could have a negative effect on the trading price of…
adequate to compensate us for all losses that may occur as a result of a catastrophic system failure or other loss, and our insurers may not be able to compensate us for all losses that may occur or may decline to do so for a variety of reasons. If we fail to address these issues in a timely manner,…
We store and transmit data and information about our customers and their respective users. We also work with vendors and partners who may come into contact with certain data, such as carriers, and data processing and storage providers. We deploy security measures to protect this data and information…
utilize to process and store data and information relating to our customers and their respective users could expose us to significant potential liability. Similarly, security breaches of our vendors and partners, or ineffective data security by our vendors or partners, may result in similar signific…
results could also be adversely affected. The following existing and possible future federal and state laws could impact the growth and profitability of our business:
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice