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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 29,985 $ 29,811
Accounts receivable, net of allowance for credit losses of $2,575 and $3,124, respectively 18,442 15,050
Prepaid expenses and other current assets 5,503 6,240
Total current assets 53,930 51,101
Premises and equipment, net 366 701
Right-of-use assets under operating leases 1,612 2,243
Goodwill 55,960 55,960
Intangible assets, net 18,928 21,468
Deferred tax assets, net 5,632 5,629
Other assets 6,513 6,504
Total assets 142,941 143,606
Current liabilities:    
Accounts payable and accrued expenses 31,991 33,512
Current portion of long-term debt 1,225 230,544
Deferred revenue 3,401 3,979
Other current liabilities 3,507 3,238
Total current liabilities 40,124 271,273
Long-term debt 192,641 0
Deferred tax liabilities, net 9,098 9,028
Other non-current liabilities 3,008 20,016
Commitments, contingencies and regulatory matters (Note 21)
Deficit:    
Common stock ($0.01 par value; 250,000 shares authorized, 11,016 issued and 10,983 outstanding as of June 30, 2025; 3,745 issued and 3,403 outstanding as of December 31, 2024) 110 37
Additional paid-in capital 255,228 211,523
Accumulated deficit (352,608) (259,977)
Treasury stock, at cost (33 shares as of June 30, 2025 and 342 shares as of December 31, 2024) (5,419) (108,959)
Altisource deficit (102,689) (157,376)
Non-controlling interests 759 665
Total deficit (101,930) (156,711)
Total liabilities and deficit $ 142,941 $ 143,606