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LOSS PER SHARE | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
LOSS PER SHARE | LOSS PER SHARE Basic loss per share is computed by dividing loss available to common shareholders by the weighted average number of common shares outstanding for the period. In accordance with ASC 260, penny warrants are included in the calculation of weighted average basic and diluted loss per share for the period that they are classified as equity. For the three and six months ended June 30, 2024, 1.5 million and 1.5 million penny warrants have been included in the calculation of weighted average basic and diluted loss per share. Diluted net loss per share excludes all dilutive securities because their impact would be anti-dilutive, as described below. Basic and diluted loss per share are calculated as follows:
|  | Three months ended June 30, |  | Six months ended June 30,
(in thousands, except per share data) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Net loss attributable to Altisource |  | $ | (8,307) |  |  | $ | (18,850) |  |  | $ | (17,505) |  |  | $ | (31,797) |
Weighted average common shares outstanding, basic |  | 28,551 |  |  | 20,840 |  |  | 28,366 |  |  | 19,648 |
Weighted average common shares outstanding, diluted |  | 28,551 |  |  | 20,840 |  |  | 28,366 |  |  | 19,648 |
Loss per share: |  |  |  |  |  |  |  |
Basic |  | $ | (0.29) |  |  | $ | (0.90) |  |  | $ | (0.62) |  |  | $ | (1.62) |
Diluted |  | $ | (0.29) |  |  | $ | (0.90) |  |  | $ | (0.62) |  |  | $ | (1.62) |
For the six months ended June 30, 2024 and 2023, 2.2 million and 3.5 million, respectively (2.5 million and 4.1 million for the second quarter of 2024 and 2023, respectively), stock options, restricted shares and restricted share units were excluded from the computation of loss per share, as a result of the following: •For the six months ended June 30, 2024 and 2023, 0.7 million and 2.2 million, respectively (0.7 million and 2.8 million for the second quarter of 2024 and 2023, respectively), stock options, restricted shares and restricted share units were anti-dilutive and have been excluded from the computation of diluted loss per share because the Company incurred a net loss •For the six months ended June 30, 2024 and 2023, 0.6 million and 0.3 million, respectively (0.7 million and 0.3 million for the second quarter of 2024 and 2023, respectively), stock options were anti-dilutive and have been excluded from the computation of diluted loss per share because their exercise price was greater than the average market price of our common stock •For the six months ended June 30, 2024 and 2023, 0.9 million and 1.0 million, respectively (1.1 million and 1.0 million for the second quarter of 2024 and 2023, respectively), stock options, restricted shares and restricted share units, which begin to vest upon the achievement of certain market criteria related to our common stock price, performance criteria and a total shareholder return compared to the market benchmark, that have not yet been met in each period have been excluded from the computation of diluted loss per share

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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