XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 108,395 $ 125,873
Restricted cash 85,126 44,020
Accounts receivable, net of allowance for credit losses of $1,527 and $2,204, respectively 133,896 85,343
Prepaids and other assets 7,082 9,275
Current assets of discontinued operations 1,068 1,964
TOTAL CURRENT ASSETS 335,567 266,475
Property, plant, and equipment, net 11,789 12,967
Other noncurrent assets 10,815 7,410
Intangible assets, net 5,965 7,012
Deferred tax assets 66,916 69,253
Goodwill 19,673 16,982
Noncurrent assets of discontinued operations 6,706 5,569
TOTAL ASSETS 457,431 385,668
CURRENT LIABILITIES    
Accounts payable 11,529 8,788
Customer deposits 86,496 44,550
Accrued expenses 122,497 86,483
Litigation contingency 16,000  
Other liabilities 23 10
Current liabilities of discontinued operations 560 1,809
TOTAL CURRENT LIABILITIES 237,105 141,640
Long-term payable   20
TOTAL LIABILITIES 237,105 141,660
EQUITY    
Common Stock, $0.00001 par value 900,000,000 shares authorized; 189,947,235 issued and 153,733,373 outstanding at June 30, 2024; 183,606,708 issued and 154,669,037 outstanding at December 31, 2023 2 2
Additional paid-in capital 883,704 804,833
Treasury stock, at cost: 36,213,862 and 28,937,671 shares held, respectively (626,825) (545,559)
Accumulated deficit (35,100) (16,769)
Accumulated other comprehensive (loss) income (1,455) 332
Total eXp World Holdings, Inc. stockholders' equity 220,326 242,839
Equity attributable to noncontrolling interest   1,169
TOTAL EQUITY 220,326 244,008
TOTAL LIABILITIES AND EQUITY $ 457,431 $ 385,668