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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue $ 39,121 $ 35,235 $ 78,590 $ 74,696
Cost of revenue 26,404 29,703 53,569 60,660
Gross profit 12,717 5,532 25,021 14,036
Selling, general and administrative expenses 10,634 12,341 23,486 24,435
Income (loss) from operations 2,083 (6,809) 1,535 (10,399)
Other income (expense), net:        
Interest expense (9,788) (9,904) (19,317) (16,664)
Change in fair value of warrant liability 0 (1,774) 0 (1,080)
Debt amendment costs 0 (101) 0 (3,343)
Other income (expense), net 139 390 1,781 1,950
Total other income (expense), net (9,649) (11,389) (17,536) (19,137)
Loss before income taxes and non-controlling interests (7,566) (18,198) (16,001) (29,536)
Income tax provision (706) (639) (1,428) (2,168)
Net loss (8,272) (18,837) (17,429) (31,704)
Net income attributable to non-controlling interests (35) (13) (76) (93)
Net loss attributable to Altisource $ (8,307) $ (18,850) $ (17,505) $ (31,797)
Loss per share:        
Basic (in usd per share) $ (0.29) $ (0.90) $ (0.62) $ (1.62)
Diluted (in usd per share) $ (0.29) $ (0.90) $ (0.62) $ (1.62)
Weighted average shares outstanding:        
Basic (in shares) 28,551 20,840 28,366 19,648
Diluted (in shares) 28,551 20,840 28,366 19,648
Comprehensive loss:        
Comprehensive loss, net of tax $ (8,272) $ (18,837) $ (17,429) $ (31,704)
Comprehensive income attributable to non-controlling interests (35) (13) (76) (93)
Comprehensive loss attributable to Altisource $ (8,307) $ (18,850) $ (17,505) $ (31,797)