$TRUE
TrueCar Inc Stock $true

$true Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000132731816000040 Filed on May 10, 2016

Income Statement

Concept	2016 Q2	2016 Q1	2015 Q1
Revenue	$66.43M	$61.86M	$58.55M
YoY Change	1.74%	5.65%	33.29%
Cost Of Revenue	$6.370M	$6.230M	$5.790M
YoY Change	7.42%	7.6%	55.65%
Gross Profit	$60.06M	$55.64M	$52.76M
YoY Change	1.18%	5.46%	31.21%
Gross Profit Margin	90.42%	89.95%	90.1%
Selling, General & Admin	$54.13M	$47.61M	$50.48M
YoY Change	-8.05%	-5.69%	35.04%
% of Gross Profit	90.12%	85.56%	95.67%
Research & Development	$14.02M	$13.14M	$9.760M
YoY Change	27.69%	34.63%	33.15%
% of Gross Profit	23.34%	23.62%	18.5%
Depreciation & Amortization	$5.780M	$5.902M	$3.897M
YoY Change	40.29%	51.45%	33.46%
% of Gross Profit	9.62%	10.61%	7.39%
Operating Expenses	$54.13M	$47.61M	$50.48M
YoY Change	-8.05%	-5.69%	5.54%
Operating Profit	-$13.96M	-$11.02M	-$11.40M
YoY Change	-4.4%	-3.37%	49.61%
Interest Expense	$632.0K	$608.0K	$45.00K
YoY Change	435.59%	1251.11%	-102.2%
% of Operating Profit
Other Income/Expense, Net	$0.00	$0.00	$11.00K
YoY Change	-100.0%	-100.0%
Pretax Income	-$14.49M	-$11.53M	-$11.41M
YoY Change	-1.39%	1.03%	18.04%
Income Tax	$170.0K	$136.0K	$209.0K
% Of Pretax Income
Net Earnings	-$14.66M	-$11.67M	-$11.62M
YoY Change	-0.57%	0.38%	17.17%
Net Earnings / Revenue	-22.06%	-18.86%	-19.85%
Basic Earnings Per Share
Diluted Earnings Per Share	-$174.7K	-$139.8K	-$144.4K
COMMON SHARES
Basic Shares Outstanding	83.77M shares	83.52M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q2	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$103.1M	$106.0M	$143.1M
YoY Change	-18.17%	-25.93%	235.92%
Cash & Equivalents	$103.1M	$106.0M	$143.1M
Short-Term Investments
Other Short-Term Assets	$982.0K	$606.0K	$5.700M
YoY Change	-68.38%	-89.37%	-1.72%
Inventory
Prepaid Expenses	$7.387M	$5.136M
Receivables	$32.71M	$29.91M	$28.90M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$144.2M	$141.6M	$177.7M
YoY Change	-14.29%	-20.3%	155.32%
LONG-TERM ASSETS
Property, Plant & Equipment	$68.74M	$70.10M	$56.10M
YoY Change	13.87%	24.96%	252.83%
Goodwill	$53.27M	$53.27M
YoY Change	0.0%
Intangibles	$21.75M	$22.78M
YoY Change	-15.97%
Long-Term Investments
YoY Change
Other Assets	$1.256M	$942.0K	$700.0K
YoY Change	81.77%	34.57%	-82.93%
Total Long-Term Assets	$145.0M	$147.1M	$137.0M
YoY Change	3.43%	7.37%	31.35%
TOTAL ASSETS
Total Short-Term Assets	$144.2M	$141.6M	$177.7M
Total Long-Term Assets	$145.0M	$147.1M	$137.0M
Total Assets	$289.2M	$288.7M	$314.7M
YoY Change	-6.23%	-8.26%	80.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$13.75M	$12.12M	$12.30M
YoY Change	8.37%	-1.5%	46.43%
Accrued Expenses	$12.82M	$11.04M	$22.00M
YoY Change	-8.98%	-49.84%	25.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change			-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$35.52M	$30.24M	$34.30M
YoY Change	9.0%	-11.83%	9.24%
LONG-TERM LIABILITIES
Long-Term Debt	$28.70M	$27.10M	$26.60M
YoY Change	8.3%	1.88%
Other Long-Term Liabilities	$2.479M	$1.132M	$600.0K
YoY Change	333.39%	88.67%	0.0%
Total Long-Term Liabilities	$2.479M	$1.132M	$27.20M
YoY Change	333.39%	-95.84%	4433.33%
TOTAL LIABILITIES
Total Short-Term Liabilities	$35.52M	$30.24M	$34.30M
Total Long-Term Liabilities	$2.479M	$1.132M	$27.20M
Total Liabilities	$69.40M	$61.05M	$63.90M
YoY Change	11.59%	-4.45%	87.94%
SHAREHOLDERS EQUITY
Retained Earnings	-$302.2M	-$287.6M
YoY Change	27.33%
Common Stock	$522.0M	$515.2M
YoY Change	7.95%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$219.8M	$227.7M	$250.7M
YoY Change
Total Liabilities & Shareholders Equity	$289.2M	$288.7M	$314.7M
YoY Change	-6.23%	-8.26%	80.97%

Cashflow Statement

Concept	2016 Q2	2016 Q1	2015 Q1
OPERATING ACTIVITIES
Net Income	-$14.66M	-$11.67M	-$11.62M
YoY Change	-0.57%	0.38%	17.17%
Depreciation, Depletion And Amortization	$5.780M	$5.902M	$3.897M
YoY Change	40.29%	51.45%	33.46%
Cash From Operating Activities	-$1.580M	-$490.0K	-$3.160M
YoY Change	-83.01%	-84.49%	38.6%
INVESTING ACTIVITIES
Capital Expenditures	-$3.480M	$6.308M	$5.174M
YoY Change	-60.72%	21.92%	-301.32%
Acquisitions
YoY Change
Other Investing Activities			$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$3.480M	-$6.310M	-$5.170M
YoY Change	-60.72%	22.05%	-530.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	2.200M	400.0K	3.860M
YoY Change	107.55%	-89.64%	-2512.5%
NET CHANGE
Cash From Operating Activities	-1.580M	-490.0K	-3.160M
Cash From Investing Activities	-3.480M	-6.310M	-5.170M
Cash From Financing Activities	2.200M	400.0K	3.860M
Net Change In Cash	-2.860M	-6.400M	-4.470M
YoY Change	-83.27%	43.18%	260.48%
FREE CASH FLOW
Cash From Operating Activities	-$1.580M	-$490.0K	-$3.160M
Capital Expenditures	-$3.480M	$6.308M	$5.174M
Free Cash Flow	$1.900M	-$6.798M	-$8.334M
YoY Change	-531.82%	-18.43%	-2973.79%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q1	dei	Amendment Flag AmendmentFlag	false
CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001327318
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	83772005	shares
CY2016Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	TrueCar, Inc.
CY2015Q4	true	Accrued Expenses And Other Current Liabilities Related Parties AccruedExpensesAndOtherCurrentLiabilitiesRelatedParties	318000	USD
CY2016Q1	true	Accrued Expenses And Other Current Liabilities Related Parties AccruedExpensesAndOtherCurrentLiabilitiesRelatedParties	0	USD
CY2015Q4	true	Lease Financing Obligation LeaseFinancingObligation	26987000	USD
CY2016Q1	true	Lease Financing Obligation LeaseFinancingObligation	27142000	USD
CY2015Q1	true	Noncash Interest Expense NoncashInterestExpense	0	USD
CY2016Q1	true	Noncash Interest Expense NoncashInterestExpense	158000	USD
CY2015Q1	true	Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets	3925000	USD
CY2016Q1	true	Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets	5904000	USD
CY2015Q1	true	Paymentsfor Repurchaseof Stock Option Awards PaymentsforRepurchaseofStockOptionAwards	0	USD
CY2016Q1	true	Paymentsfor Repurchaseof Stock Option Awards PaymentsforRepurchaseofStockOptionAwards	100000	USD
CY2016Q1	true	Paymentsfor Severance PaymentsforSeverance	985000	USD
CY2015Q1	true	Proceeds From Build To Suit Lease Financing Obligations ProceedsFromBuildToSuitLeaseFinancingObligations	345000	USD
CY2016Q1	true	Proceeds From Build To Suit Lease Financing Obligations ProceedsFromBuildToSuitLeaseFinancingObligations	0	USD
CY2015Q4	true	Property Plant And Equipment Gross Assets Not Placed In Service PropertyPlantAndEquipmentGrossAssetsNotPlacedInService	5300000	USD
CY2016Q1	true	Property Plant And Equipment Gross Assets Not Placed In Service PropertyPlantAndEquipmentGrossAssetsNotPlacedInService	2100000	USD
CY2015Q1	true	Provision For Doubtful Accounts And Other Reserves ProvisionForDoubtfulAccountsAndOtherReserves	65000	USD
CY2016Q1	true	Provision For Doubtful Accounts And Other Reserves ProvisionForDoubtfulAccountsAndOtherReserves	384000	USD
CY2015Q1	true	Recognition Of Leased Facility Asset And Related Lease Financing Obligation RecognitionOfLeasedFacilityAssetAndRelatedLeaseFinancingObligation	22412000	USD
CY2016Q1	true	Recognition Of Leased Facility Asset And Related Lease Financing Obligation RecognitionOfLeasedFacilityAssetAndRelatedLeaseFinancingObligation	0	USD
CY2015Q1	true	Repaymentsof Financing Lease Obligation RepaymentsofFinancingLeaseObligation	15000	USD
CY2016Q1	true	Repaymentsof Financing Lease Obligation RepaymentsofFinancingLeaseObligation	0	USD
CY2015Q4	true	Severance Liability SeveranceLiability	2803000	USD
CY2016Q1	true	Severance Liability SeveranceLiability	1818000	USD
CY2015Q1	true	Technology And Development TechnologyAndDevelopment	9760000	USD
CY2016Q1	true	Technology And Development TechnologyAndDevelopment	13140000	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	18880000	USD
CY2016Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	12115000	USD
CY2015Q4	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	7490000	USD
CY2016Q1	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	2135000	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	33761000	USD
CY2016Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	29906000	USD
CY2015Q4	us-gaap	Accounts Receivable Related Parties Current AccountsReceivableRelatedPartiesCurrent	328000	USD
CY2016Q1	us-gaap	Accounts Receivable Related Parties Current AccountsReceivableRelatedPartiesCurrent	906000	USD
CY2015Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	12425000	USD
CY2016Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	11036000	USD
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	29611000	USD
CY2016Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	34435000	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	508584000	USD
CY2016Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	515219000	USD
CY2015Q1	us-gaap	Adjustment Of Warrants Granted For Services AdjustmentOfWarrantsGrantedForServices	-147000	USD
CY2016Q1	us-gaap	Adjustment Of Warrants Granted For Services AdjustmentOfWarrantsGrantedForServices	0	USD
CY2016Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6137000	USD
CY2015Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9453000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5892000	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	2720000	USD
CY2016Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	2555000	USD
CY2015Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	28177000	shares
CY2016Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	30011000	shares
CY2015Q4	us-gaap	Assets Assets	302374000	USD
CY2016Q1	us-gaap	Assets Assets	288714000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	152959000	USD
CY2016Q1	us-gaap	Assets Current AssetsCurrent	141619000	USD
CY2015Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	1181000	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	2413000	USD
CY2016Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	-2707000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	147539000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	143069000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	112371000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	105971000	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2016Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2016Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	83016735	shares
CY2016Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	83739806	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	83016735	shares
CY2016Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	83739806	shares
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	8000	USD
CY2016Q1	us-gaap	Common Stock Value CommonStockValue	8000	USD
CY2015Q1	us-gaap	Cost Of Services Excluding Depreciation Depletion And Amortization CostOfServicesExcludingDepreciationDepletionAndAmortization	5791000	USD
CY2016Q1	us-gaap	Cost Of Services Excluding Depreciation Depletion And Amortization CostOfServicesExcludingDepreciationDepletionAndAmortization	6225000	USD
CY2015Q1	us-gaap	Costs And Expenses CostsAndExpenses	69954000	USD
CY2016Q1	us-gaap	Costs And Expenses CostsAndExpenses	72876000	USD
CY2015Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	203000	USD
CY2016Q1	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	125000	USD
CY2016Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	2538000	USD
CY2015Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3897000	USD
CY2016Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5902000	USD
CY2015Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.14
CY2016Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.14
CY2015Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	7799000	USD
CY2016Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	7091000	USD
CY2015Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	331000	USD
CY2016Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	245000	USD
CY2015Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-28000	USD
CY2016Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-258000	USD
CY2015Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	18769000	USD
CY2016Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	15496000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	53270000	USD
CY2016Q1	us-gaap	Goodwill Goodwill	53270000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-11414000	USD
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-11531000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	209000	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	136000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-683000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-6058000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	256000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-3471000	USD
CY2015Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1508000	USD
CY2016Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	708000	USD
CY2015Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-7407000	USD
CY2016Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-708000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-1338000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-173000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	206000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	2000	USD
CY2015Q1	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	65000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-46000	USD
CY2015Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-608000	USD
CY2016Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-920000	USD
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	23815000	USD
CY2016Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	22782000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	45000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	608000	USD
CY2015Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	20000	USD
CY2016Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	93000	USD
CY2016Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	4600000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	69682000	USD
CY2016Q1	us-gaap	Liabilities Liabilities	61054000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	302374000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	288714000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	39104000	USD
CY2016Q1	us-gaap	Liabilities Current LiabilitiesCurrent	30242000	USD
CY2015Q4	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2016Q1	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2016Q1	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	30400000.0	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-4470000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-6400000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	3861000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	398000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-5174000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-6308000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-3157000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-490000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	-11623000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	-11667000	USD
CY2016Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-11400000	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-11016000	USD
CY2015Q4	us-gaap	Other Assets Current OtherAssetsCurrent	779000	USD
CY2016Q1	us-gaap	Other Assets Current OtherAssetsCurrent	606000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	940000	USD
CY2016Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	942000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-11623000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-11667000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1178000	USD
CY2016Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1132000	USD
CY2015Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	11000	USD
CY2016Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	0	USD
CY2015Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	362000	USD
CY2016Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	161000	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5174000	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6308000	USD
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2016Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2016Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	6048000	USD
CY2016Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	5136000	USD
CY2015Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3893000	USD
CY2016Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	659000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	101001000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	104536000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	71390000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	70101000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-275900000	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-287567000	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	58554000	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	61860000	USD
CY2015Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	31709000	USD
CY2016Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	32111000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	9453000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5892000	USD
CY2015Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	9784000	USD
CY2016Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	6137000	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	498000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	232692000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	227660000	USD
CY2015Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	80461000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	83462000	shares
CY2016Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization and Nature of Business</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TrueCar, Inc. (“TrueCar”) is an Internet-based information, technology, and communication services company. Hereinafter, TrueCar, Inc. and its wholly owned subsidiaries TrueCar.com, Inc. and ALG, Inc. are collectively referred to as “TrueCar” or the “Company”; TrueCar.com, Inc. is referred to as “TrueCar.com” and ALG, Inc. is referred to as “ALG”. TrueCar was incorporated in the state of Delaware in February 2005 and began business operations in April 2005. Its principal corporate offices are located in Santa Monica, California.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TrueCar is a digital automotive marketplace that (i) provides pricing transparency about what other people paid for their cars and enables consumers to engage with TrueCar Certified Dealers who are committed to providing a superior purchase experience; (ii) empowers Certified Dealers to attract these informed, in-market consumers in a cost-effective, accountable manner; and (iii) allows automobile manufacturers ("OEMs") to more effectively target their incentive spending at deep-in-market consumers during their purchase process. TrueCar has established an intelligent, data-driven online platform operating on a common technology infrastructure, powered by proprietary data and analytics. Consumers access TrueCar’s platform through the TrueCar.com website and TrueCar mobile applications or through the car buying websites and mobile applications that TrueCar operates for its affinity group marketing partners (“Auto Buying Programs”). An affinity group is comprised of a network of members or employees that provides discounts to its members.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ALG provides forecasts, consulting, and other services regarding determination of the residual value of an automobile at future given points in time, which are used to underwrite automotive loans and leases and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. ALG also obtains automobile purchase data from a variety of sources and uses this data to provide consumers and dealers with highly accurate, geographically specific, real-time pricing information.</font></div></div>
CY2016Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Assets and liabilities which are subject to judgment and use of estimates include sales allowances and allowances for doubtful accounts, the fair value of assets and liabilities assumed in business combinations, fair value of the capitalized facility leases, the recoverability of goodwill and long-lived assets, valuation allowances with respect to deferred tax assets, useful lives associated with property and equipment and intangible assets, lease exit liabilities, contingencies, and the valuation and assumptions underlying stock-based compensation and other equity instruments. On an ongoing basis, the Company evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of assets and liabilities. In addition, the Company engaged valuation specialists to assist with management’s determination of the valuation of its capitalized facility leases, fair values of assets and liabilities assumed in business combinations, the fair value of reporting units in connection with annual goodwill impairment testing, and in periods prior to the Company’s initial public offering, valuation of common stock.</font></div></div>

Files In Submission

Name	View Source	Status
0001327318-16-000040-index-headers.html	Edgar Link	pending
0001327318-16-000040-index.html	Edgar Link	pending
0001327318-16-000040.txt	Edgar Link	pending
0001327318-16-000040-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
true-20160331.xml	Edgar Link	completed
true-20160331.xsd	Edgar Link	pending
true-20160331_cal.xml	Edgar Link	unprocessable
true-20160331_def.xml	Edgar Link	unprocessable
true-20160331_lab.xml	Edgar Link	unprocessable
true-20160331_pre.xml	Edgar Link	unprocessable
truecarq1201610q.htm	Edgar Link	pending
trueq12016ex311.htm	Edgar Link	pending
trueq12016ex312.htm	Edgar Link	pending
trueq12016ex321.htm	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$TRUE
TrueCar Inc Stock $true

2016 Q2 Form 10-Q Financial Statement

#000132731816000040 Filed on May 10, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TRUE TrueCar Inc Stock $true

2016 Q2 Form 10-Q Financial Statement

#000132731816000040 Filed on May 10, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TRUE
TrueCar Inc Stock $true