XML 12 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 $ 29,702 $ 32,522
Accounts receivable, net of allowance for doubtful accounts of 13,190 11,682
Prepaid expenses and other current assets 8,309 11,336
Total current assets 51,201 55,540
Premises and equipment, net 1,124 1,709
Right-of-use assets under operating leases 2,612 3,379
Goodwill 55,960 55,960
Intangible assets, net 24,008 26,548
Deferred tax assets, net 4,983 4,992
Other assets 6,669 6,730
Total assets 146,557 154,858
Current liabilities:    
Accounts payable and accrued expenses 30,044 30,088
Current portion of long-term debt 223,009 0
Deferred revenue $ 3,634 $ 3,195
Other current liabilities Other current liabilities Other current liabilities
Other current liabilities $ 2,245 $ 2,477
Total current liabilities 258,932 35,760
Long-term debt 0 215,615
Deferred tax liabilities, net $ 9,047 $ 9,028
Other non-current liabilities Other non-current liabilities Other non-current liabilities
Other non-current liabilities $ 18,778 $ 19,510
Commitments, contingencies and regulatory matters (Note 21)
Deficit:    
Common stock ($1.00 par value; 100,000 shares authorized, 29,963 issued and 27,110 outstanding as of June 30, 2024; 29,963 issued and 26,496 outstanding as of December 31, 2023) 29,963 29,963
Additional paid-in capital 179,937 177,278
Accumulated deficit (234,351) (180,162)
Treasury stock, at cost (2,853 shares as of June 30, 2024 and 3,467 shares as of December 31, 2023) (116,389) (152,749)
Altisource deficit (140,840) (125,670)
Non-controlling interests 640 615
Total deficit (140,200) (125,055)
Total liabilities and deficit $ 146,557 $ 154,858