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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 40,531 $ 36,213 $ 119,121 $ 110,909
Cost of revenue 28,461 29,024 82,030 89,684
Gross profit 12,070 7,189 37,091 21,225
Selling, general and administrative expenses 10,965 10,734 34,451 35,169
Income (loss) from operations 1,105 (3,545) 2,640 (13,944)
Other income (expense), net:        
Interest expense (9,960) (9,890) (29,277) (26,554)
Change in fair value of warrant liability 0 2,225 0 1,145
Debt amendment costs 0 (59) 0 (3,402)
Other income (expense), net 362 407 2,143 2,357
Total other income (expense), net (9,598) (7,317) (27,134) (26,454)
Income (loss) before income taxes and non-controlling interests (8,493) (10,862) (24,494) (40,398)
Income tax provision (809) (418) (2,237) (2,586)
Net loss (9,302) (11,280) (26,731) (42,984)
Net income attributable to non-controlling interests (60) (62) (136) (155)
Net loss attributable to Altisource $ (9,362) $ (11,342) $ (26,867) $ (43,139)
Loss per share:        
Basic (in usd per share) $ (0.33) $ (0.51) $ (0.94) $ (2.10)
Diluted (in usd per share) $ (0.33) $ (0.51) $ (0.94) $ (2.10)
Weighted average shares outstanding:        
Basic (in shares) 28,672 22,181 28,469 20,538
Diluted (in shares) 28,672 22,181 28,469 20,538
Comprehensive loss:        
Comprehensive loss, net of tax $ (9,302) $ (11,280) $ (26,731) $ (42,984)
Comprehensive income attributable to non-controlling interests (60) (62) (136) (155)
Comprehensive loss attributable to Altisource $ (9,362) $ (11,342) $ (26,867) $ (43,139)