0001193125-26-224062 | 10-Q | XBRL Viewer

Three Months Ended March 31,

Expected life (in years)

Risk-free interest rate

4.01% - 4.32%

Expected volatility

Revenue Recognition

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Note 2: Revenue Recognition

The Company’s AI-powered conversational analytics technology platform provides data and insights into the conversations our clients are having with their customers across phone, text, and other communication channels. Our tools enable brands to personalize customer interactions in order to accelerate sales and capture more opportunities to grow their business. The Company generates revenue from the Company's conversational analytics technology platform when customers pay the Company a fee for call, text, or other communication related data elements they receive from calls or texts or for each phone number tracked based on a pre-negotiated rate. Revenue is recognized as services are provided over time, which is generally measured by the delivery of each call/text or call/text related data element or each phone number tracked.

The majority of the Company’s customers are invoiced on a monthly basis following the month of the delivery of services and are required to make payments under standard credit terms. Net accounts receivable was $7.1 million, including unbilled accounts receivable of $1.7 million, at January 1, 2025. Net accounts receivable, including unbilled accounts receivable, consists of the following as of the periods below:


	March 31,			December 31,
(In Thousands)	2026			2025
Accounts receivable:
Billed	$	5,386		$	5,330
Unbilled		1,519			1,395
Allowance for expected credit losses		(79	)		(55	)
Accounts receivable, net	$	6,826		$	6,670

Customer payments received in advance of revenue recognition or the Company's unconditional right to invoice are considered contract liabilities and are recorded as deferred revenue. The beginning and ending deferred revenue balances and activity during the period consists of the following:


(In Thousands)
Balance at December 31, 2025	$	598
Current year deferral of revenue		306
Revenue earned from beginning deferred revenue		(206	)
Balance at March 31, 2026	$	698

The Company’s incremental direct costs of obtaining a contract, which consist primarily of sales incentive compensation including commissions, are generally deferred and amortized to sales and marketing expense over the estimated life of the relevant customer relationship. The Company’s net contract acquisition costs shown below consist of $0.8 million and $1.0 million in Prepaid expenses and other current assets on the March 31, 2026 and December 31, 2025 Consolidated Balance Sheets, respectively, and $0.2 million and $0.2 million in Other assets, net on the March 31, 2026 and December 31, 2025 Consolidated Balance Sheets, respectively. The gross and net amounts consist of the following:


	March 31,			December 31,
(In Thousands)	2026			2025
Contract assets:
Gross balance	$	4,874		$	4,698
Accumulated amortization		(3,875	)		(3,482	)
Contract assets, net	$	999		$	1,216

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Stockholders' Equity - Stock-based Compensation Expense by Operating Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation	$ 489	$ 455
Cost of Revenue
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation	3	2
Sales and Marketing
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation	171	25
Product Development
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation	101	27
General and Administrative
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation	$ 214	$ 401

Taxes	3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]
Taxes	Note 11: Taxes The Company regularly reviews deferred tax assets to assess whether it is more likely than not that its deferred tax assets will be realized and, if necessary, establishes a valuation allowance for portions of such assets to reduce the carrying value. In assessing whether it is more likely than not that the Company’s deferred tax assets will be realized, factors considered included: historical taxable income, historical trends related to customer usage rates, projected revenues and expenses, macroeconomic conditions, issues facing the industry, existing contracts, the Company’s ability to project future results, and any appreciation of its other assets. The ultimate realization of deferred tax assets depends on the generation of future taxable income during the periods in which those temporary differences are deductible. The Company considered the future reversal of deferred tax liabilities, carryback potential, projected taxable income, and tax planning strategies, as well as its history of taxable income or losses in the relevant jurisdictions in making this assessment. Based on the level of historical taxable losses and the uncertainty of projections for future taxable income over the periods for which the deferred tax assets are deductible, with the exception of certain insignificant foreign deferred tax assets, the Company concluded that it is not more likely than not that the gross deferred tax assets will be realized and, accordingly, recorded 100% valuation allowance against these deferred tax assets as of both March 31, 2026 and December 31, 2025. From time to time, various state, federal and other jurisdictional tax authorities undertake audits of the Company and its filings. In evaluating the exposure associated with various tax filing positions, the Company on occasion accrues charges for uncertain positions. Resolution of uncertain tax positions will impact the Company’s effective tax rate when settled. The Company does not have any significant accruals for uncertain tax positions including interest or penalties. The provision for income taxes includes the impact of contingency provisions and changes to contingencies that are considered appropriate. The Company files U.S. federal, certain U.S. state, and certain foreign tax returns. The Company's federal and state returns for all years will remain open to examination by federal and state tax authorities for three and four years, respectively, from the date of utilization of any net operating loss carryforwards.

Taxes

3 Months Ended

Mar. 31, 2026

Income Tax Disclosure [Abstract]

Taxes

Note 11: Taxes

The Company regularly reviews deferred tax assets to assess whether it is more likely than not that its deferred tax assets will be realized and, if necessary, establishes a valuation allowance for portions of such assets to reduce the carrying value. In assessing whether it is more likely than not that the Company’s deferred tax assets will be realized, factors considered included: historical taxable income, historical trends related to customer usage rates, projected revenues and expenses, macroeconomic conditions, issues facing the industry, existing contracts, the Company’s ability to project future results, and any appreciation of its other assets. The ultimate realization of deferred tax assets depends on the generation of future taxable income during the periods in which those temporary differences are deductible. The Company considered the future reversal of deferred tax liabilities, carryback potential, projected taxable income, and tax planning strategies, as well as its history of taxable income or losses in the relevant jurisdictions in making this assessment. Based on the level of historical taxable losses and the uncertainty of projections for future taxable income over the periods for which the deferred tax assets are deductible, with the exception of certain insignificant foreign deferred tax assets, the Company concluded that it is not more likely than not that the gross deferred tax assets will be realized and, accordingly, recorded 100% valuation allowance against these deferred tax assets as of both March 31, 2026 and December 31, 2025.

From time to time, various state, federal and other jurisdictional tax authorities undertake audits of the Company and its filings. In evaluating the exposure associated with various tax filing positions, the Company on occasion accrues charges for uncertain positions. Resolution of uncertain tax positions will impact the Company’s effective tax rate when settled. The Company does not have any significant accruals for uncertain tax positions including interest or penalties. The provision for income taxes includes the impact of contingency provisions and changes to contingencies that are considered appropriate. The Company files U.S. federal, certain U.S. state, and certain foreign tax returns. The Company's federal and state returns for all years will remain open to examination by federal and state tax authorities for three and four years, respectively, from the date of utilization of any net operating loss carryforwards.

- Definition

The entire disclosure for income tax.

+ References

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+ Details

Revenue Recognition - Summary of Net Accounts Receivable, Including Unbilled Accounts Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025	Jan. 01, 2025
Receivables [Abstract]
Billed	$ 5,386	$ 5,330
Unbilled	1,519	1,395	$ 1,700
Allowance for expected credit losses	(79)	(55)
Accounts receivable, net	$ 6,826	$ 6,670	$ 7,100

Leases - Schedule of Lease Cost Other than The Impairment Loss Amount Recognized in Consolidated Statement of Operations and Other Lease Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Leases [Abstract]
Operating lease cost	$ 95	$ 144
Finance lease cost:
Interest on lease liabilities		11
Variable and short-term lease cost		10
Total operating lease cost	$ 95	$ 165
Other information:
Weighted-average remaining lease term - operating leases	1 year 6 months	2 years 4 months 24 days
Weighted-average remaining lease term - finance leases		8 months 12 days
Weighted-average discount rate - operating leases	7.50%	7.10%
Weighted-average discount rate - finance leases		14.10%
Cash paid for operating leases	$ 95	$ 141
Cash paid for finance leases		$ 115

Taxes - Additional Information (Detail)	Mar. 31, 2026	Dec. 31, 2025
Income Tax Disclosure [Abstract]
Percentage of valuation allowance	100.00%	100.00%

Stockholders' Equity

3 Months Ended

Mar. 31, 2026

Share-Based Payment Arrangement [Abstract]

Stockholders' Equity

Note 6: Stockholders' Equity

Common Stock

In May 2025, the Company’s board of directors authorized a new share repurchase program, which supersedes and replaces all prior repurchase programs. Under the 2025 Repurchase Program, the Company is authorized to repurchase up to 3,000,000 shares of the Company’s Class B common stock in the aggregate through open market and privately negotiated transactions, at such times and in such amounts as the Company deems appropriate. Repurchases may also be made under a Rule 10b5-1 plan, which would permit shares to be repurchased when the Company might otherwise be precluded from doing so under insider trading laws. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, capital availability, and other market conditions. The 2025 Repurchase Program does not have an expiration date and may be expanded, limited, or terminated at any time without prior notice. The Company has made no repurchases under the 2025 Repurchase Program and additionally no repurchases were made under the superseded 2014 Repurchase Program for the three months ended March 31, 2026 and 2025. Shares repurchased but not yet retired by the Company will be classified as treasury stock on the Consolidated Balance Sheets before retirement. Retirement of treasury stock results in reductions to common stock and additional paid-in capital.

Stock-based Compensation Plans

The Company grants stock-based awards, including stock options, restricted stock awards ("RSAs"), and restricted stock units ("RSUs"). The Company measures stock-based compensation cost at the grant date based on the fair value of the award and recognizes it as expense over the vesting or service period, as applicable, of the stock-based award using the straight-line method. The Company accounts for forfeitures as they occur. Stock-based compensation expense has been included in the same lines as compensation paid to the same employees in the Consolidated Statements of Operations.

Stock-based compensation expense was included in the following operating expense categories:


	Three Months Ended March 31,
(In Thousands)	2026		2025
Cost of revenue	$	3	$	2
Sales and marketing		171		25
Product development		101		27
General and administrative		214		401
Total stock-based compensation	$	489	$	455

The Company uses the Black-Scholes option pricing model to estimate the per share fair value of stock option grants with time-based vesting. The Black-Scholes model relies on a number of key assumptions to calculate estimated fair values. There were no stock option grants during the three months ended March 31, 2026. For the three months ended March 31, 2025, the expected life of each award granted was determined based on historical experience with similar awards, giving consideration to contractual terms, anticipated exercise patterns, and vesting schedules. Expected volatility is based on historical volatility levels of the Company’s Class B common stock. The risk-free interest rate is based on the implied yield currently available on U.S. Treasury issues with terms approximately equal to the expected life of the option. The Company uses an expected annual dividend yield in consideration of the Company’s common stock dividend payments, which we consider to be zero.

The following assumptions were used in determining the fair value of time-vested stock option grants for the periods indicated (there were no stock option grants for the three months ended March 31, 2026):

As of March 31, 2026, there were $2.1 million of unrecognized compensation costs related to stock options. These costs are expected to be recognized over the weighted average periods of 2.17 years. Stock option activity during the period was as follows:


	Options (In Thousands)			Weighted average exercise price of options		Weighted average remaining contractual term (in years)
Balance at December 31, 2025		7,633		$	1.89		7.50
Options granted		—			—
Options forfeited		(221	)		1.76
Options expired		(13	)		2.43
Options exercised		(1	)		1.53
Balance at March 31, 2026		7,398		$	1.89		7.14

As of March 31, 2026, there was $1.6 million of unrecognized compensation costs related to restricted stock. These costs are expected to be recognized over the weighted average period of 1.90 years. RSA and RSU activity during the period was as follows:


	Shares/ Units (In Thousands)			Weighted Average Grant Date Fair Value
Unvested at December 31, 2025		983		$	1.84
Granted		659			1.56
Vested		(499	)		1.82
Forfeited		(23	)		1.60
Unvested at March 31, 2026		1,120		$	1.69

Leases (Tables)

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Schedule of Lease Cost Other Than the Impairment Loss Amount Recognized in Consolidated Statement of Operations and Other Lease Information

Lease cost, other than the impairment loss amount, recognized in the Consolidated Statements of Operations and other lease information is summarized as follows:


	Three Months Ended March 31,
(In Thousands, Except Terms in Years and Percentages)	2026			2025
Operating lease cost	$	95		$	144
Finance lease cost:
Interest on lease liabilities		—			11
Variable and short-term lease cost		—			10
Total lease cost	$	95		$	165
Other information:
Weighted-average remaining lease term - operating leases		1.5			2.4
Weighted-average remaining lease term - finance leases		—			0.7
Weighted-average discount rate - operating leases		7.5	%		7.1	%
Weighted-average discount rate - finance leases		—			14.1	%
Cash paid for operating leases	$	95		$	141
Cash paid for finance leases	$	—		$	115

Schedule of Future Payments Under Operating Lease Liabilities

As of March 31, 2026, the Company’s future payments under operating lease liabilities were as follows:


(In Thousands)
2026	$	302
2027		311
Gross future lease payments	$	613
Less: imputed interest		(35	)
Present value of total lease liabilities	$	578
Less: current portion of lease liabilities		(373	)
Total long-term lease liabilities	$	205

Fair Value of Financial Instruments - Fair Vale of Cash and Cash Equivalents (Details) - Level 1 - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and cash equivalents	$ 9,019	$ 9,942
Cash
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and cash equivalents	3,715	4,669
Money market funds
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and cash equivalents	$ 5,304	$ 5,273

Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment consisted of the following:


	March 31,			December 31,
(In Thousands)	2026			2025
Computer and other related equipment	$	1,129		$	1,129
Purchased software		3,240			3,240
Furniture and fixtures		13			13
Software development costs		1,446			742
Software development costs - in progress		487			748
	$	6,315		$	5,872
Less: accumulated depreciation and amortization		(4,340	)		(4,018	)
Property and equipment, net	$	1,975		$	1,854

Depreciation and amortization expense related to property and equipment was as follows:


	Three Months Ended March 31,
(In Thousands)	2026		2025
Depreciation and amortization expense	$	322	$	378

Fair Value of Financial Instruments

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

Note 5: Fair Value of Financial Instruments

The Company had the following financial instruments as of March 31, 2026 and December 31, 2025: cash and cash equivalents, accounts receivable, accounts payable, and accrued liabilities. The carrying value of these financial instruments approximates their fair value based on the liquidity of these financial instruments and their short-term nature. Further, these financial instruments are considered at Level 1 fair value with observable inputs that reflect

quoted prices for identical assets or liabilities in active markets. The following table provides information about the fair value of our cash and cash equivalents balance:


	March 31,		December 31,
(In Thousands)	2026		2025
Level 1 assets:
Cash	$	3,715	$	4,669
Money market funds		5,304		5,273
Total cash and cash equivalents	$	9,019	$	9,942

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Section 50
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+ Details

Description of Business and Basis of Presentation

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Description of Business and Basis of Presentation

Note 1: Description of Business and Basis of Presentation

Description of Business

Marchex, Inc. ("Marchex" or the “Company”) was incorporated in the state of Delaware on January 17, 2003. Marchex is a conversation intelligence company that harnesses the power of artificial intelligence ("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 meaningful business outcomes. Marchex provides AI-powered conversation intelligence solutions for market-leading companies in leading business-to-business-to-consumer ("B2B2C") vertical markets, including many of the world’s most innovative and successful brands.

Basis of Presentation

The accompanying Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP") for interim financial reporting and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). Certain information and note disclosures normally included in annual Consolidated Financial Statements have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading.

The preparation of our Consolidated Financial Statements requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The Company has used estimates related to several financial statement amounts, including revenues, the fair value of stock option awards, and the impairment of goodwill. Actual results could differ from those estimates.

The accompanying Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto contained in the Company’s Form 10-K for the year ended December 31, 2025, as filed with the SEC on March 26, 2026.

Significant Accounting Policies

During the three months ended March 31, 2026, there were no significant changes to the Company's summary of significant accounting policies contained in the Company's Form 10-K for the year ended December 31, 2025, as filed with the SEC on March 26, 2026. During the three months ended March 31, 2026, the Company established a $0.1 million line of credit with a banking institution. In connection with this line of credit, the Company was required to open a new bank account and pledge $0.1 million of its cash and cash equivalents as collateral. The pledged amount has been included in Cash and cash equivalents on the Company’s Consolidated Balance Sheets as of March 31, 2026, as the restriction does not significantly limit the Company’s use of such funds.

Recent Accounting Pronouncements Not Yet Effective

In January 2025, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2025-01, which updates the effective date of the November 2024 issued ASU 2024-03, Disaggregation of Income Statement Expenses, that requires public entities to improve disclosures about their expenses and provide more detailed information about the types of expenses in commonly presented expense captions. ASU 2024-03 is now effective for annual periods beginning after December 15, 2026 and interim periods within annual periods beginning after December 15, 2027, with early adoption permitted. The Company is currently assessing the impact of this ASU on its Consolidated Financial Statement disclosures.

In September 2025, the FASB issued ASU 2025-06, Accounting for Internal-Use Software, which makes improvements to internal-use software accounting guidance to better align with contemporary software development practices, rather than traditional, stage-based models. Under the revised guidance, a Company may begin

capitalizing internal-use software costs only when management has authorized and committed to funding the project and it's probable that the project will be completed and used for its intended function. ASU 2025-06 is effective for annual periods beginning after December 15, 2027, with early adoption permitted. The Company is currently assessing the impact of this ASU on its Consolidated Financial Statements and related disclosures.

Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Computation of Net Loss Per Share Basic and Diluted

The following tables present the computation of basic net loss per share applicable to common stockholders for the periods ended:


	Three Months Ended March 31,
	2026						2025
(In Thousands, Except Per Share Amounts)	Class A			Class B			Class A			Class B
Basic net loss per share:
Numerator:
Net loss applicable to common stockholders	$	(183	)	$	(1,541	)	$	(211	)	$	(1,771	)
Denominator:
Weighted average number of shares outstanding - basic		4,661			39,301			4,661			39,060
Basic net loss per share applicable to common stockholders	$	(0.04	)	$	(0.04	)	$	(0.05	)	$	(0.05	)

The following tables present the computation of diluted net loss per share for the periods ended:


	Three Months Ended March 31,
	2026						2025
(In Thousands, Except Per Share Amounts)	Class A			Class B			Class A			Class B
Diluted net loss per share:
Numerator:
Net loss applicable to common stockholders	$	(183	)	$	(1,541	)	$	(211	)	$	(1,771	)
Reallocation of net loss for Class A to Class B shares		—			(183	)		—			(211	)
Diluted net loss applicable to common stockholders:	$	(183	)	$	(1,724	)	$	(211	)	$	(1,982	)
Denominator:
Weighted average number of shares outstanding - basic		4,661			39,301			4,661			39,060
Conversion of Class A to B common shares outstanding		—			4,661			—			4,661
Weighted average number of shares outstanding - diluted		4,661			43,962			4,661			43,721
Diluted net loss per share applicable to common stockholders	$	(0.04	)	$	(0.04	)	$	(0.05	)	$	(0.05	)

Anti-dilutive securities		—			7,864			—			6,101

Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Class A	Class B	Common Stock Class A	Common Stock Class B	Additional Paid-in Capital	Accumulated Deficit
Beginning Balance at Dec. 31, 2024	$ 32,633			$ 49	$ 390	$ 358,372	$ (326,178)
Beginning Balance (in shares) at Dec. 31, 2024				4,661	39,025
Stock-based compensation from options and restricted stock, net of forfeitures	455					455
Issuance of common stock in connection with prior deferred issuance from acquisition	268				$ 2	266
Issuance of common stock in connection with prior deferred issuance from acquisition (in shares)					198
Net income (loss)	(1,982)						(1,982)
Ending Balance at Mar. 31, 2025	31,374			$ 49	$ 392	359,093	(328,160)
Ending Balance (in shares) at Mar. 31, 2025				4,661	39,223
Beginning Balance at Dec. 31, 2025	30,085			$ 49	$ 392	361,057	(331,413)
Beginning Balance (in shares) at Dec. 31, 2025		4,661	39,248	4,661	39,248
Stock-based compensation from options and restricted stock, net of forfeitures	489					489
Issuance of common stock upon exercise of options, and issuance and vesting of restricted stock	2				$ 4	(2)
Issuance of common stock upon exercise of options, and issuance and vesting of restricted stock (in shares)					388
Net income (loss)	(1,724)						(1,724)
Ending Balance at Mar. 31, 2026	$ 28,852			$ 49	$ 396	$ 361,544	$ (333,137)
Ending Balance (in shares) at Mar. 31, 2026		4,661	39,636	4,661	39,636

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

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+ Details

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2026	Dec. 31, 2025
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	137,500,000	137,500,000
Class A
Common stock, shares authorized	12,500,000	12,500,000
Common stock, shares issued	4,661,000	4,661,000
Common stock, shares outstanding	4,661,000	4,661,000
Class B
Common stock, shares authorized	125,000,000	125,000,000
Common stock, shares issued	39,636,000	39,248,000
Common stock, shares outstanding	39,636,000	39,248,000
Restricted stock, shares outstanding	38,000	113,000

Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Summary of Net Accounts Receivable, Including Unbilled Accounts Receivable


	March 31,			December 31,
(In Thousands)	2026			2025
Accounts receivable:
Billed	$	5,386		$	5,330
Unbilled		1,519			1,395
Allowance for expected credit losses		(79	)		(55	)
Accounts receivable, net	$	6,826		$	6,670

Summary of Contract Liabilities


(In Thousands)
Balance at December 31, 2025	$	598
Current year deferral of revenue		306
Revenue earned from beginning deferred revenue		(206	)
Balance at March 31, 2026	$	698

Summary of Contract Assets, Net


	March 31,			December 31,
(In Thousands)	2026			2025
Contract assets:
Gross balance	$	4,874		$	4,698
Accumulated amortization		(3,875	)		(3,482	)
Contract assets, net	$	999		$	1,216

Revenue Recognition - Summary of Contract Liabilities (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2026 USD ($)
Revenue from Contract with Customer [Abstract]
Balance at December 31, 2025	$ 598
Current year deferral of revenue	306
Revenue earned from beginning deferred revenue	(206)
Balance at March 31, 2026	$ 698

Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2026

Share-Based Payment Arrangement [Abstract]

Stock-based Compensation Expense Included in Operating Expense

Stock-based compensation expense was included in the following operating expense categories:


	Three Months Ended March 31,
(In Thousands)	2026		2025
Cost of revenue	$	3	$	2
Sales and marketing		171		25
Product development		101		27
General and administrative		214		401
Total stock-based compensation	$	489	$	455

Assumptions to Estimate Fair Value for Stock Options at Grant Date

Summary of Stock Option Activity

Stock option activity during the period was as follows:


	Options (In Thousands)			Weighted average exercise price of options		Weighted average remaining contractual term (in years)
Balance at December 31, 2025		7,633		$	1.89		7.50
Options granted		—			—
Options forfeited		(221	)		1.76
Options expired		(13	)		2.43
Options exercised		(1	)		1.53
Balance at March 31, 2026		7,398		$	1.89		7.14

Summary of RSA and RSU Activity

RSA and RSU activity during the period was as follows:


	Shares/ Units (In Thousands)			Weighted Average Grant Date Fair Value
Unvested at December 31, 2025		983		$	1.84
Granted		659			1.56
Vested		(499	)		1.82
Forfeited		(23	)		1.60
Unvested at March 31, 2026		1,120		$	1.69

Leases - Schedule of Future Payments Under Operating Lease Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Operating Leases Future Minimum Payments Due [Abstract]
2026	$ 302
2027	311
Gross future operating lease payments	613
Less: imputed interest	(35)
Present value of total operating lease liabilities	578
Less: current portion of operating lease liabilities	$ (373)	$ (355)
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other Accrued Liabilities, Current
Total long-term operating lease liabilities	$ 205	$ 366

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2026	May 07, 2026
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2026
Document Fiscal Year Focus	2026
Document Fiscal Period Focus	Q1
Trading Symbol	MCHX
Entity Registrant Name	Marchex, Inc.
Entity Central Index Key	0001224133
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Title of 12(b) Security	Class B Common Stock, $0.01 par value per share
Security Exchange Name	NASDAQ
Entity Shell Company	false
Entity File Number	000-50658
Entity Tax Identification Number	35-2194038
Entity Address, Address Line One	1448 NW Market St
Entity Address, Address Line Two	Suite 500
Entity Address, City or Town	Seattle
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98107
City Area Code	206
Local Phone Number	331-3300
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false
Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		4,660,927
Class B
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		39,641,872

Leases - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Apr. 30, 2026	Mar. 31, 2026
Lessee, Lease, Description [Line Items]
Impairment Loss		$ 203
Subsequent Event
Lessee, Lease, Description [Line Items]
Lesse sublease commence date	May 01, 2026
Impairment Loss	$ 200

Concentrations (Tables)

3 Months Ended

Mar. 31, 2026

Risks and Uncertainties [Abstract]

Schedules of Consolidated Revenue and Outstanding Receivable

The Company has one customer that generally represents more than 10% of consolidated revenue. The table below sets forth the percentage of the Company's consolidated revenue that was attributed to this customer for the periods presented below:


	Three Months Ended March 31,
(In Percentages)	2026			2025
Customer A		13	%		11	%

The Company has one customer that represents more than 10% of consolidated accounts receivable. The Company also has a significant concentration of credit risk arising from receivables due from a network of independent dealers that is above the 10% threshold. These dealers, while independently operated, sell the same brands and collectively represent a substantial portion of the Company's receivables. The table below sets forth the percentage of the Company's outstanding receivable balance that was attributed to this customer, and attributed to the aggregated balance due from the independent dealer network, as of the periods presented below:


	March 31,			December 31,
(In Percentages)	2026			2025
Concentration type:
Customer A		23	%		24	%
Independent dealer network A		18	%		17	%

Concentrations - Schedules of Consolidated Revenue and Outstanding Receivable (Details) - Customer Concentration Risk	3 Months Ended		12 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Customer A \| Accounts Receivable
Concentration Risk [Line Items]
Revenues by geographic region	23.00%		24.00%
Customer A \| Revenue
Concentration Risk [Line Items]
Revenues by geographic region	13.00%	11.00%
Independent dealer network A \| Accounts Receivable
Concentration Risk [Line Items]
Revenues by geographic region	18.00%		17.00%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-18

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 275
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-URI https://asc.fasb.org/1943274/2147482861/275-10-50-18

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
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+ Details

- Definition

For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division.

+ References + Details

Stockholders' Equity - Summary of RSA and RSU Activity (Detail) - Restricted Stock	3 Months Ended
	Mar. 31, 2026 $ / shares shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unvested Shares, Beginning Balance \| shares	983,000
Granted, Shares \| shares	659,000
Vested, Shares \| shares	(499,000)
Forfeited, Shares \| shares	(23,000)
Unvested Shares, Ending Balance \| shares	1,120,000
Weighted average grant date fair value, Beginning Balance \| $ / shares	$ 1.84
Granted, Weighted average grant date fair value \| $ / shares	1.56
Vested, Weighted average grant date fair value \| $ / shares	1.82
Forfeited, Weighted average grant date fair value \| $ / shares	1.6
Weighted average grant date fair value, Ending Balance \| $ / shares	$ 1.69

Stockholders' Equity - Summary of Stock Option Activity (Detail) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2026	Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]
Number of options, Beginning Balance	7,633,000
Options granted, Shares	0
Options forfeited, Shares	(221,000)
Options expired, Shares	(13,000)
Options exercised, Shares	(1,000)
Number of options, Ending Balance	7,398,000	7,633,000
Weighted average exercise price of options, Beginning Balance	$ 1.89
Options granted, Weighted average exercise price of options	0
Options forfeited, Weighted average exercise price of options	1.76
Options expired, Weighted average exercise price of options	2.43
Options exercised, Weighted average exercise price of options	1.53
Weighted average exercise price of options, Ending Balance	$ 1.89	$ 1.89
Weighted average remaining contractual term	7 years 1 month 20 days	7 years 6 months

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash flows from operating activities:
Net loss applicable to common stockholders	$ (1,724)	$ (1,982)
Adjustments to reconcile net loss to net cash from operating activities:
Amortization, depreciation, and loss on disposals	715	633
Loss on right-of-use lease assets impairment	203
Provision for credit losses	20	(59)
Deferred income taxes	138	76
Stock-based compensation	489	455
Change in certain assets and liabilities:
Accounts receivable, net	(176)	(452)
Prepaid expenses, other current assets, and other assets	(142)	(14)
Accounts payable	(208)	363
Accrued benefits and payroll, other accrued, and other liabilities	71	(1,842)
Deferred revenue and deposits	100	200
Net cash from (used in) operating activities	(514)	(2,622)
Cash flows from investing activities:
Capitalized software development costs	(443)	(289)
Proceeds from prior year domain asset sale	32
Net cash from (used in) investing activities	(411)	(289)
Cash flows from financing activities:
Proceeds from exercises of stock options, and issuance and vesting of restricted stock	2	268
Repayments under finance lease liabilities and related obligations		(104)
Net cash from (used in) financing activities	2	164
Net increase (decrease) in cash and cash equivalents	(923)	(2,747)
Cash and cash equivalents at beginning of period	9,942	12,767
Cash and cash equivalents at end of period	9,019	10,020
Supplemental disclosure of cash flow information:
Cash paid for income taxes	8
Cash paid for interest	$ 10	$ 25

Commitments and Contingencies - Future Minimum Payments on Other Contractual Obligations (Detail) $ in Thousands	Mar. 31, 2026 USD ($)
Contractual Obligation, Fiscal Year Maturity Schedule [Abstract]
Other contractual obligations 2026	$ 3,580
Other contractual obligations 2027	1,734
Other contractual obligations 2028	51
Other contractual obligations 2029	38
Other contractual obligations 2030 and thereafter	28
Other contractual obligations, Total minimum payments	$ 5,431

Stockholders' Equity - Assumptions to Estimate Fair Value for Stock Options at Grant Date (Detail) - Time Vested Stock Options	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected life (in years)	0 years	4 years
Risk-free interest rate	0.00%
Risk-free interest rate, minimum		4.01%
Risk-free interest rate, maximum		4.32%
Expected volatility	0.00%
Expected volatility, minimum		57.00%
Expected volatility, maximum		58.00%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Revenue Recognition - Summary of Contract Assets, Net (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Contract with Customer, Asset, after Allowance for Credit Loss [Abstract]
Gross balance	$ 4,874	$ 4,698
Accumulated amortization	(3,875)	(3,482)
Contract assets, net	$ 999	$ 1,216

Domain Asset Sale - Additional Information (Details) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Apr. 30, 2025	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest expense and other, net		$ (174,000)	$ (3,000)
Domain Asset Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Domain asset sale, description	In April 2025, the Company sold one of its domain assets to a third-party buyer for a total sales price of $0.8 million, with payments to be made over a four-year period. Each payment that the Company receives from the buyer will be reduced by a 15% commission fee, resulting in total net cash proceeds of approximately $0.7 million.
Domain assets, sales price	$ 800,000
Commission fee on sale of domain asset	15.00%
Net cash proceeds from commission fee	$ 700,000
Interest expense and other, net				$ 600,000
Interest income	$ 48,200
Domain Asset Sale \| Prepaid Expenses and Other Current Assets
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Receivables		200,000
Domain Asset Sale \| Other Assets, Net
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Receivables		$ 300,000

Segment Reporting and Geographic Information

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Segment Reporting and Geographic Information

Note 3: Segment Reporting and Geographic Information

Operating segments are revenue-producing components of the enterprise for which separate financial information is produced internally for the Company’s management. For the three months ended March 31, 2026 and 2025, the Company operated in a single segment comprised of its conversational analytics and related solutions. In accordance with Accounting Standards Codification ("ASC") 280, Segment Reporting, this single segment presentation is the basis upon which the Company's chief operating decision maker relies for performance evaluation and benchmarking.

Long-lived assets by geographical region are based on the location of the legal entity that owns the assets. As of March 31, 2026 and December 31, 2025, no significant long-lived assets were held by entities outside of the U.S.

Revenues from customers by geographical areas are tracked on the basis of the location of the customer. The majority of the Company’s revenue and accounts receivable are derived from sales to domestic customers.

Revenues by geographic region are as follows:


	Three Months Ended March 31,
(In Percentages)	2026			2025
United States		98	%		99	%
Canada and other countries		2	%		1	%
Total		100	%		100	%

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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-Publisher FASB
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 9,019	$ 9,942
Accounts receivable, net	6,826	6,670
Prepaid expenses	1,071	1,005
Other current assets	1,230	1,420
Total current assets	18,146	19,037
Property and equipment, net	1,975	1,854
Other assets, net	541	563
Right-of-use lease assets	326	668
Goodwill	17,558	17,558
Total assets	38,546	39,680
Current liabilities:
Accounts payable	2,990	3,198
Accrued benefits and payroll	855	1,175
Other accrued expenses and current liabilities	3,271	2,739
Deferred revenue and deposits	698	598
Operating lease liability, current	373	355
Total current liabilities	8,187	8,065
Deferred tax liabilities	802	664
Operating lease liability, non-current	205	366
Other non-current liabilities	500	500
Total liabilities	9,694	9,595
Commitments and contingencies - See Note 10
Stockholders’ equity:
Additional paid-in capital	361,544	361,057
Accumulated deficit	(333,137)	(331,413)
Total stockholders’ equity	28,852	30,085
Total liabilities and stockholders’ equity	38,546	39,680
Class A
Stockholders’ equity:
Common stock	49	49
Class B
Stockholders’ equity:
Common stock	$ 396	$ 392

Net Loss Per Share

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Net Loss Per Share

Note 7: Net Loss Per Share

The Company computes net loss per share of Class A and Class B common stock using the two class method. Under the provisions of the two class method, basic net loss per share is computed by dividing net loss applicable to common stockholders by the weighted average number of common shares outstanding during the year. Diluted net loss per share is computed by dividing net loss applicable to common stockholders by the weighted average number of common and dilutive common equivalent shares outstanding during the period. The computation of the diluted net loss per share of Class B common stock assumes the conversion of Class A to Class B common stock, while the diluted net loss per share of Class A common stock does not assume the conversion of those shares.

In accordance with the two class method, the undistributed losses for each period are allocated based on the contractual participation rights of the Class A and Class B common shares and the restricted shares as if the losses for the periods had been distributed. Considering the terms of the Company’s charter which provides that, if and when dividends are declared on its common stock in accordance with Delaware General Corporation Law ("DGCL"), equivalent dividends shall be paid with respect to the shares of Class A and Class B common stock and that both classes of common stock have identical dividend rights and would share equally in the Company’s net assets in the event of liquidation, the Company has allocated undistributed losses on a proportionate basis.

Instruments granted in unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are participating securities prior to vesting. As such, the Company’s RSAs are considered participating securities for purposes of calculating loss per share. Under the two class method, dividends paid on unvested restricted stock are allocated to these participating securities and therefore impact the calculation of amounts allocated to common stock.

The following tables present the computation of basic net loss per share applicable to common stockholders for the periods ended:


	Three Months Ended March 31,
	2026						2025
(In Thousands, Except Per Share Amounts)	Class A			Class B			Class A			Class B
Basic net loss per share:
Numerator:
Net loss applicable to common stockholders	$	(183	)	$	(1,541	)	$	(211	)	$	(1,771	)
Denominator:
Weighted average number of shares outstanding - basic		4,661			39,301			4,661			39,060
Basic net loss per share applicable to common stockholders	$	(0.04	)	$	(0.04	)	$	(0.05	)	$	(0.05	)

The following tables present the computation of diluted net loss per share for the periods ended:


	Three Months Ended March 31,
	2026						2025
(In Thousands, Except Per Share Amounts)	Class A			Class B			Class A			Class B
Diluted net loss per share:
Numerator:
Net loss applicable to common stockholders	$	(183	)	$	(1,541	)	$	(211	)	$	(1,771	)
Reallocation of net loss for Class A to Class B shares		—			(183	)		—			(211	)
Diluted net loss applicable to common stockholders:	$	(183	)	$	(1,724	)	$	(211	)	$	(1,982	)
Denominator:
Weighted average number of shares outstanding - basic		4,661			39,301			4,661			39,060
Conversion of Class A to B common shares outstanding		—			4,661			—			4,661
Weighted average number of shares outstanding - diluted		4,661			43,962			4,661			43,721
Diluted net loss per share applicable to common stockholders	$	(0.04	)	$	(0.04	)	$	(0.05	)	$	(0.05	)

Anti-dilutive securities		—			7,864			—			6,101

Property and Equipment - Property and Equipment (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 6,315		$ 5,872
Less: accumulated depreciation and amortization	(4,340)		(4,018)
Property and equipment, net	1,975		1,854
Depreciation and amortization expense	322	$ 378
Computer and Other Related Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,129		1,129
Purchased Software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,240		3,240
Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	13		13
Software Development Costs
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,446		742
Software Development Costs - In progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 487		$ 748

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Mar. 31, 2026	Mar. 31, 2025
Pay vs Performance Disclosure
Net Income (Loss)	$ (1,724)	$ (1,982)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Segment Reporting and Geographic Information - Schedule of Revenues by Geographic Region (Detail) - Geographic Concentration Risk - Revenue	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Segment Reporting Information
Revenues by geographic region	100.00%	100.00%
United States
Segment Reporting Information
Revenues by geographic region	98.00%	99.00%
Canada and Other Countries
Segment Reporting Information
Revenues by geographic region	2.00%	1.00%

- Definition

+ References + Details

Concentrations - Additional Information (Details)	Mar. 31, 2026 Entity
Risks and Uncertainties [Abstract]
Number of financial institution	2
Concentration risk, threshold percentage	10.00%

Acquisition Stock Purchase Agreement ("SPA") - Additional Information (Details) - Archenia, Inc. - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended
	May 08, 2026	Mar. 31, 2026
Subsequent Event
Business Combination [Line Items]
Stock acquire percent	100.00%
Acquisition agreement date	May 08, 2026
Convertible Promissory Note
Business Combination [Line Items]
Debt instrument payable terms		convertible promissory notes to be issued to the sellers, with interest at 6%, payable in three equal tranches on the 12-, 18- and 24-month anniversaries of the closing date of the transaction.
Convertible Promissory Note \| Subsequent Event
Business Combination [Line Items]
Purchase consideration	$ 10.0
Interest percent	6.00%
Class B \| Subsequent Event
Business Combination [Line Items]
Share price	$ 1.8
Aggregate shares issue to sellers	2.0

Revenue Recognition - Additional Information (Details) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025	Jan. 01, 2025
Disaggregation of Revenue [Line Items]
Contract assets	$ 4,874	$ 4,698
Accounts receivable, net	6,826	6,670	$ 7,100
Unbilled accounts receivable	1,519	1,395	$ 1,700
Prepaid Expenses and Other Current Assets
Disaggregation of Revenue [Line Items]
Contract assets	800	1,000
Other Assets, Net
Disaggregation of Revenue [Line Items]
Contract assets	$ 200	$ 200

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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-Paragraph 7
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+ Details

Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2026

Commitments and Contingencies Disclosure [Abstract]

Future Minimum Payments on Other Contractual Obligations

Future minimum payments on the Company's other contractual obligations are approximately as follows:


(In Thousands)
2026	$	3,580
2027		1,734
2028		51
2029		38
2030 and thereafter		28
Total minimum payments	$	5,431

Commitments and Contingencies - Additional Information (Detail) - USD ($)		12 Months Ended
	Oct. 21, 2022	Dec. 31, 2025	Apr. 14, 2026
Loss Contingencies [Line Items]
Loss related to acquisition		$ 1,400,000
Loss accural		2,100,000
May 14, 2026 \| Subsequent Event
Loss Contingencies [Line Items]
Litigation Settlement Amount			$ 750,000
Held in Escrow			250,000
November 16, 2026 \| Subsequent Event
Loss Contingencies [Line Items]
Accrued settlement liability			500,000
May 17, 2027 \| Subsequent Event
Loss Contingencies [Line Items]
Accrued settlement liability			$ 500,000
Other Current Liabilities
Loss Contingencies [Line Items]
Loss Accural current		1,600,000
Other Noncurrent Liabilities
Loss Contingencies [Line Items]
Loss Accural non-current		$ 500,000
Share Purchase Agreement
Loss Contingencies [Line Items]
Loss contingency, maximum earnout amount	$ 3,000,000
Escrow Agreement
Loss Contingencies [Line Items]
Loss contingency, maximum earnout amount	$ 1,000,000

Description of Business and Basis of Presentation (Policies)

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Description of Business

Basis of Presentation

Significant Accounting Policies

Recent Accounting Pronouncements Not Yet Effective

Revenue Recognition


	March 31,			December 31,
(In Thousands)	2026			2025
Accounts receivable:
Billed	$	5,386		$	5,330
Unbilled		1,519			1,395
Allowance for expected credit losses		(79	)		(55	)
Accounts receivable, net	$	6,826		$	6,670


(In Thousands)
Balance at December 31, 2025	$	598
Current year deferral of revenue		306
Revenue earned from beginning deferred revenue		(206	)
Balance at March 31, 2026	$	698


	March 31,			December 31,
(In Thousands)	2026			2025
Contract assets:
Gross balance	$	4,874		$	4,698
Accumulated amortization		(3,875	)		(3,482	)
Contract assets, net	$	999		$	1,216

Stock-Based Compensation

- Definition

Disclosure of accounting policy for award under share-based payment arrangement. Includes, but is not limited to, methodology and assumption used in measuring cost.

+ References

+ Details

Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Fair Value of Cash and Cash Equivalents

The following table provides information about the fair value of our cash and cash equivalents balance:


	March 31,		December 31,
(In Thousands)	2026		2025
Level 1 assets:
Cash	$	3,715	$	4,669
Money market funds		5,304		5,273
Total cash and cash equivalents	$	9,019	$	9,942

Leases

3 Months Ended

Mar. 31, 2026

Leases [Abstract]

Leases

Note 9: Leases

The Company has an operating lease for its corporate office headquarters in Seattle, WA. In April 2026, the Company entered into a sublease agreement for the full premises of this operating lease. The sublease commences on May 1, 2026 and will run through the end of the Company's existing lease term in September 2027. Under ASC 842, Leases, and ASC 360, Property, Plant, and Equipment, subleasing the entire premises of the head lease qualifies as a triggering event to assess for impairment. Under the ASC 360 two-step recoverability test, the Company assessed there to be an impairment loss of approximately $0.2 million from the terms of the sublease agreement.

The Company notes that under ASC 855, Subsequent Events, this impairment loss qualifies as a recognized subsequent event for the purposes of the three months ended March 31, 2026, as the sublease contract had been approved and committed to by management in March 2026. The $0.2 million impairment loss is included within Interest income (expense) and other, net on the Consolidated Statement of Operations for the three months ended March 31, 2026. The remaining entries related to the sublease agreement will occur in subsequent periods through the termination of the operating head lease and sublease agreement in September 2027.

The Company recognizes its operating lease agreements in accordance with ASC 842, Leases, and recognizes rent expense on a straight-line basis over the lease term with any lease incentives amortized as a reduction of rent expense over the lease term. Assets under operating leases are included in Right-of-use lease assets, and the related liabilities are included in Operating lease liability, current and Operating lease liability, non-current on the Consolidated Balance Sheets.

Lease cost, other than the impairment loss amount, recognized in the Consolidated Statements of Operations and other lease information is summarized as follows:


	Three Months Ended March 31,
(In Thousands, Except Terms in Years and Percentages)	2026			2025
Operating lease cost	$	95		$	144
Finance lease cost:
Interest on lease liabilities		—			11
Variable and short-term lease cost		—			10
Total lease cost	$	95		$	165
Other information:
Weighted-average remaining lease term - operating leases		1.5			2.4
Weighted-average remaining lease term - finance leases		—			0.7
Weighted-average discount rate - operating leases		7.5	%		7.1	%
Weighted-average discount rate - finance leases		—			14.1	%
Cash paid for operating leases	$	95		$	141
Cash paid for finance leases	$	—		$	115

As of March 31, 2026, the Company’s future payments under operating lease liabilities were as follows:


(In Thousands)
2026	$	302
2027		311
Gross future lease payments	$	613
Less: imputed interest		(35	)
Present value of total lease liabilities	$	578
Less: current portion of lease liabilities		(373	)
Total long-term lease liabilities	$	205

Segment Reporting and Geographic Information (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Revenues by Geographic Region

Revenues by geographic region are as follows:


	Three Months Ended March 31,
(In Percentages)	2026			2025
United States		98	%		99	%
Canada and other countries		2	%		1	%
Total		100	%		100	%

Stockholders' Equity - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	May 31, 2025
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock option grants	0
Common stock dividend payments	$ 0
Class B
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares authorized to be repurchased			3,000,000
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized stock option compensation not yet recognized	$ 2,100,000
Unrecognized compensation cost, weighted average recognition period	2 years 2 months 1 day
Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized stock option compensation not yet recognized	$ 1,600,000
Unrecognized compensation cost, weighted average recognition period	1 year 10 months 24 days
2014 Share Repurchase Program
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock repurchased during period, shares	0	0
2025 Share Repurchase Program
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock repurchased during period, shares	0	0

Description of Business and Basis of Presentation - Additional Information (Details) $ in Millions	Mar. 31, 2026 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Line of credit	$ 0.1
Collateral amount	$ 0.1

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Segment Reporting and Geographic Information - Additional Information (Detail) - Segment	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Segment Reporting [Abstract]
Number of operating segments	1	1

Concentrations

3 Months Ended

Mar. 31, 2026

Risks and Uncertainties [Abstract]

Concentrations

Note 4: Concentrations

The Company maintains substantially all of its cash and cash equivalents with two financial institutions. The Company has one customer that generally represents more than 10% of consolidated revenue. The table below sets forth the percentage of the Company's consolidated revenue that was attributed to this customer for the periods presented below:


	Three Months Ended March 31,
(In Percentages)	2026			2025
Customer A		13	%		11	%


	March 31,			December 31,
(In Percentages)	2026			2025
Concentration type:
Customer A		23	%		24	%
Independent dealer network A		18	%		17	%

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References

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+ Details

Commitments and Contingencies

3 Months Ended

Mar. 31, 2026

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Note 10: Commitments and Contingencies

Commitments

The Company has commitments for future payments related to its office facility, as well as other contractual obligations primarily related to minimum payments due to outside service providers. For information regarding the Company's lease commitments, see Note 9: Leases above.

Future minimum payments on the Company's other contractual obligations are approximately as follows:


(In Thousands)
2026	$	3,580
2027		1,734
2028		51
2029		38
2030 and thereafter		28
Total minimum payments	$	5,431

Contingencies

The Company from time to time is a party to disputes and legal and administrative proceedings arising from the ordinary course of business. We could become in the future subject to legal proceedings, governmental investigations, and claims in the ordinary course of business, including employment claims, contract-related claims, and claims of alleged infringement of third-party patents, trademarks, and other intellectual property rights. Such claims, even if not meritorious, could force us to expend significant financial and managerial resources and could be material.

In certain agreements, the Company has agreed to indemnification provisions of varying scope and terms with customers, vendors and other parties with respect to certain matters, including, but not limited to, losses arising out of the Company’s breach of agreements or representations and warranties made by the Company, services to be provided by the Company and intellectual property infringement claims made by third-parties. As a result of these provisions, the Company may from time to time provide certain levels of financial support to contract parties to seek to minimize the impact of any associated litigation in which they may be involved. To date, there have been no known events or circumstances that have resulted in any material costs related to these indemnification provisions and no liabilities therefore have been recorded in the accompanying Consolidated Financial Statements. However, the maximum potential amount of the future payments the Company could be required to make under these indemnification provisions could be material.

On October 21, 2022, the Shareholder Representatives for the former shareholders of Telmetrics, Inc. (an entity acquired by the Company in 2018) filed litigation against the Company in the U.S. District Court for the District of Delaware. The plaintiffs asserted claims under a share purchase agreement and escrow agreement regarding entitlement to an earnout of up to $3.0 million and $1.0 million that was placed in escrow to secure indemnification obligations.

During the fourth quarter of 2025, the Company and the plaintiffs made significant progress in negotiating a settlement and based on the status of those discussions and an evaluation of the relevant facts and circumstances, the Company determined that a loss was probable and reasonably estimable. Accordingly, the Company recorded an

additional $1.4 million as Acquisition expense in the Consolidated Statement of Operations and an accrual of $2.1 million, the expected settlement amount related to this matter, of which $1.6 million is recorded in Other accrued expenses and current liabilities and $0.5 million in Other non-current within liabilities on the March 31, 2026 and December 31, 2025 Consolidated Balance Sheets.

On April 14, 2026, the Company entered into a settlement agreement with respect to this civil action for such expected settlement amount, which resolves all claims related to this matter. Pursuant to the agreement, the Company will pay $750.0 thousand, and agree to the release of $250.0 thousand held in escrow, on or before May 14, 2026, and $500.0 thousand on each of November 16, 2026 and May 17, 2027.

While any litigation contains an element of uncertainty, the Company is not aware of any other legal proceedings or claims which are pending that the Company believes, based on current knowledge, will have, individually or taken together, a material adverse effect on the Company’s financial condition, results of operations, or liquidity.

Net Loss Per Share - Computation of Net Loss Per Share Basic and Diluted (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Numerator:
Basic net loss applicable to common stockholders	$ (1,724)	$ (1,982)
Denominator:
Basic net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Diluted net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Class A
Numerator:
Basic net loss applicable to common stockholders	$ (183)	$ (211)
Diluted net loss applicable to common stockholders	$ (183)	$ (211)
Denominator:
Weighted average number of shares outstanding - basic	4,661	4,661
Weighted average number of shares outstanding - diluted	4,661	4,661
Basic net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Diluted net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Class B
Numerator:
Basic net loss applicable to common stockholders	$ (1,541)	$ (1,771)
Reallocation of net loss for Class A to Class B shares	(183)	(211)
Diluted net loss applicable to common stockholders	$ (1,724)	$ (1,982)
Denominator:
Weighted average number of shares outstanding - basic	39,301	39,060
Conversion of Class A to B common shares outstanding	4,661	4,661
Weighted average number of shares outstanding - diluted	43,962	43,721
Basic net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Diluted net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Anti-dilutive shares	7,864	6,101

Acquisition Stock Purchase Agreement ("SPA")

3 Months Ended

Mar. 31, 2026

Business Combination [Abstract]

Acquisition Stock Purchase Agreement ("SPA")

Note 13: Acquisition Stock Purchase Agreement ("SPA")

The Company has entered into an SPA dated May 8, 2026 to acquire 100% of the outstanding shares of capital stock of Archenia, Inc. from the Archenia stockholders for a base consideration consisting of an aggregate of $10.0 million in convertible promissory notes to be issued to the sellers, with interest at 6%, payable in three equal tranches on the 12-, 18- and 24-month anniversaries of the closing date of the transaction. Principal and interest under the notes would be convertible in whole or in part into shares of Marchex’s Class B common stock at $1.80 per share. In addition, for each of the first and second 12-month periods following the closing date, to the extent (1) Archenia’s revenue or Adjusted EBITDA exceed such amounts for the 12-month period prior to the closing date, and (2) Archenia achieves certain specified integration or customer retention targets, Marchex will issue to the sellers an aggregate of 2.0 million shares of its Class B common stock for each such period.

The SPA contains customary representations, warranties and covenants, termination rights, as well as indemnification provisions subject to specified limitations. The completion of the transaction is subject to certain closing conditions, including the receipt of approval of a majority of the Company’s stockholders disinterested in the transaction.

A special committee of Marchex’s Board of Directors, consisting solely of independent directors, has approved Marchex entering into the SPA because certain of the sellers are related parties. In considering the SPA, the special committee retained Craig-Hallum Capital Group LLC as financial advisor, which provided a fairness opinion with respect to the purchase price. DLA Piper LLP (US) served as independent legal counsel to the special committee. Subject to receiving the requisite stockholder approval and satisfaction of other closing conditions, the Company expects the transaction to close early in the third quarter of 2026.

- Definition

The entire disclosure for business combination.

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+ Details

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Revenue	$ 10,618	$ 11,402
Expenses:
Cost of revenue	$ 4,120	$ 4,189
Type of Cost, Good or Service [Extensible List]	us-gaap:ServiceMember	us-gaap:ServiceMember
Amortization of capitalized software development costs	$ 78
Total cost of revenue	4,198	$ 4,189
Sales and marketing	3,258	3,267
Product development	2,407	2,671
General and administrative	2,106	3,146
Total operating expenses	11,969	13,273
Loss from operations	(1,351)	(1,871)
Interest expense and other, net	(174)	(3)
Loss before income tax expense	(1,525)	(1,874)
Income tax expense	199	108
Net loss applicable to common stockholders	$ (1,724)	$ (1,982)
Basic net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Diluted net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Class A
Expenses:
Net loss applicable to common stockholders	$ (183)	$ (211)
Basic net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Diluted net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Shares used to calculate basic net loss per share applicable to common stockholders:
Shares used to calculate basic net loss per share applicable to common stockholders	4,661	4,661
Shares used to calculate diluted net loss per share applicable to common stockholders:
Shares used to calculate diluted net loss per share applicable to common stockholders	4,661	4,661
Class B
Expenses:
Net loss applicable to common stockholders	$ (1,541)	$ (1,771)
Basic net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Diluted net loss per Class A and B share applicable to common stockholders	$ (0.04)	$ (0.05)
Shares used to calculate basic net loss per share applicable to common stockholders:
Shares used to calculate basic net loss per share applicable to common stockholders	39,301	39,060
Shares used to calculate diluted net loss per share applicable to common stockholders:
Shares used to calculate diluted net loss per share applicable to common stockholders	43,962	43,721

Domain Asset Sale

3 Months Ended

Mar. 31, 2026

Discontinued Operations and Disposal Groups [Abstract]

Domain Asset Sale

Note 12: Domain Asset Sale

In April 2025, the Company sold one of its domain assets to a third-party buyer for a total sales price of $0.8 million, with payments to be made over a four-year period. Each payment that the Company receives from the buyer will be reduced by a 15% commission fee, resulting in total net cash proceeds of approximately $0.7 million. Approximately $0.6 million was recognized as a gain within Interest income (expense) and other, net on the Consolidated Statement of Operations in the previous year. The remaining amount of approximately $48.2 thousand will be recognized as interest income over the four-year payment period due to the financing component of the agreement. At March 31, 2026, there was $0.2 million of the receivable recorded within Prepaid expenses and other current assets and $0.3 million within Other assets, net on the Consolidated Balance Sheet.

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Mar. 31, 2026
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Property and Equipment

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 8: Property and Equipment

Property and equipment consisted of the following:


	March 31,			December 31,
(In Thousands)	2026			2025
Computer and other related equipment	$	1,129		$	1,129
Purchased software		3,240			3,240
Furniture and fixtures		13			13
Software development costs		1,446			742
Software development costs - in progress		487			748
	$	6,315		$	5,872
Less: accumulated depreciation and amortization		(4,340	)		(4,018	)
Property and equipment, net	$	1,975		$	1,854

Depreciation and amortization expense related to property and equipment was as follows:


	Three Months Ended March 31,
(In Thousands)	2026		2025
Depreciation and amortization expense	$	322	$	378