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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 30,817 $ 29,811
Accounts receivable, net of allowance for credit losses of $2,628 and $3,124, respectively 18,188 15,050
Prepaid expenses and other current assets 5,904 6,240
Total current assets 54,909 51,101
Premises and equipment, net 541 701
Right-of-use assets under operating leases 1,922 2,243
Goodwill 55,960 55,960
Intangible assets, net 20,198 21,468
Deferred tax assets, net 5,630 5,629
Other assets 6,499 6,504
Total assets 145,659 143,606
Current liabilities:    
Accounts payable and accrued expenses 33,927 33,512
Current portion of long-term debt 1,225 230,544
Deferred revenue 3,594 3,979
Other current liabilities 3,431 3,238
Total current liabilities 42,177 271,273
Long-Term Debt, Excluding Current Maturities 193,732 0
Deferred tax liabilities, net 9,074 9,028
Other non-current liabilities 19,705 20,016
Commitments, contingencies and regulatory matters (Note 21)
Deficit:    
Common stock ($0.01 par value; 250,000 shares authorized, 88,130 issued and 87,582 outstanding as of March 31, 2025; 29,963 issued and 27,226 outstanding as of December 31, 2024) 882 300
Additional paid-in capital 253,951 211,260
Accumulated deficit (363,082) (259,977)
Treasury stock, at cost (548 shares as of March 31, 2025 and 2,737 shares as of December 31, 2024) (11,516) (108,959)
Altisource deficit (119,765) (157,376)
Non-controlling interests 736 665
Total deficit (119,029) (156,711)
Total liabilities and deficit $ 145,659 $ 143,606