XML 115 R99.htm IDEA: XBRL DOCUMENT v3.25.1
SEGMENT INFORMATION - Operations Before Taxes (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Revenues $ 995,627 $ 955,578 $ 1,153,177
Operating expenses:      
Sales and marketing 82,606 83,670 85,763
Depreciation and amortization 7,736 8,026 8,012
Antitrust litigation settlement expense 17,750 0 0
Stock-based Compensation 6,574 13,075 11,138
Restructuring 1,041 2,377 0
Operating loss (68,826) (64,497) (4,541)
Interest expense (2,939) (28) (148)
Interest income 5,533 5,841 1,927
Equity in earnings (losses) from equity-method investments 36 (168) (563)
Change in fair value of derivative embedded within convertible debt (14,978) 0 0
Investment and other income 5,289 633 3,429
(Loss) income before provision for income taxes (75,885) (58,219) 104
Identifiable assets 493,888 493,419 550,402
Capital expenditures 5,534 6,143 8,537
Equity-method investments 2,020 1,960  
General and administrative expenses      
Operating expenses:      
Stock-based Compensation 5,510 12,145 10,361
Operations and support      
Operating expenses:      
Stock-based Compensation 1,064 930 777
Real estate agent commissions      
Operating expenses:      
Costs related to sales 743,819 706,162 836,803
Technology      
Operating expenses:      
Costs related to sales 23,386 23,788 22,773
Real Estate Brokerage | General and administrative expenses      
Operating expenses:      
Stock-based Compensation 3,261 3,609 3,418
Corporate Activities and Other | General and administrative expenses      
Operating expenses:      
Stock-based Compensation 2,249 8,536 6,943
Operating Segments      
Operating expenses:      
Operating loss (68,826) (64,497) (4,541)
Operating Segments | Real Estate Brokerage      
Segment Reporting Information [Line Items]      
Revenues 995,627 955,578 1,153,177
Operating expenses:      
Sales and marketing 82,606 83,670 85,763
Operations and support (1) 69,278 69,675 72,169
General and administrative (1) 83,465 94,110 101,469
Depreciation and amortization 7,736 8,026 8,012
Antitrust litigation settlement expense 17,750    
Stock-based Compensation 4,325 4,539 4,195
Restructuring 616 2,377  
Operating loss (37,354) (36,769) 21,993
Identifiable assets 425,148 455,021 512,524
Capital expenditures 5,534 6,143 8,537
Equity-method investments 1,401 1,390 1,366
Operating Segments | Real Estate Brokerage | Real estate agent commissions      
Operating expenses:      
Costs related to sales 743,819 706,162 836,803
Operating Segments | Real Estate Brokerage | Technology      
Operating expenses:      
Costs related to sales 23,386 23,788 22,773
Operating Segments | Corporate Activities and Other      
Segment Reporting Information [Line Items]      
Revenues 0 0 0
Operating expenses:      
Sales and marketing 0 0 0
Operations and support (1) 0 0 0
General and administrative (1) 28,798 19,192 19,591
Depreciation and amortization 0 0 0
Antitrust litigation settlement expense 0    
Stock-based Compensation 2,249 8,536 6,943
Restructuring 425 0  
Operating loss (31,472) (27,728) (26,534)
Identifiable assets 68,740 38,398 37,878
Capital expenditures 0 0 0
Equity-method investments 619 570 263
Operating Segments | Corporate Activities and Other | Real estate agent commissions      
Operating expenses:      
Costs related to sales 0 0 0
Operating Segments | Corporate Activities and Other | Technology      
Operating expenses:      
Costs related to sales $ 0 $ 0 $ 0