XML 61 R51.htm IDEA: XBRL DOCUMENT v3.25.2

SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Financial Information of Segments

Financial Information

Financial information for our segments is as follows:

						Three months ended June 30, 2025
(in thousands)						Servicer and Real Estate						Origination						Corporate and Others						Consolidated Altisource
Revenue						$	34,198					$	9,090					$	—					$	43,288
Cost of revenue						21,886						6,779						1,596						30,261
Gross profit (loss)						12,312						2,311						(1,596)						13,027
Selling, general and administrative expenses						1,023						1,758						7,015						9,796
Income (loss) from operations						11,289						553						(8,611)						3,231
Other income (expense), net:
Interest income (expense)						(34)						—						(2,581)						(2,615)
Debt amendment costs						—						—						(472)						(472)
Other, net1						16						—						27						43
Total other income (expense), net						(18)						—						(3,026)						(3,044)
Income (loss) before income taxes and non-controlling interests						$	11,271					$	553					$	(11,637)					$	187

____________________________________________________

1.Corporate and Others other income primarily include other non-operating gains and losses.

						Three months ended June 30, 2024
(in thousands)						Servicer and Real Estate						Origination						Corporate and Others						Consolidated Altisource
Revenue						$	31,124					$	7,997					$	—					$	39,121
Cost of revenue						18,716						6,356						1,332						26,404
Gross profit (loss)						12,408						1,641						(1,332)						12,717
Selling, general and administrative expenses						2,395						1,746						6,493						10,634
Income (loss) from operations						10,013						(105)						(7,825)						2,083
Other income (expense), net:
Interest income (expense)						(1)						—						(9,787)						(9,788)
Other, net1						—						—						139						139
Total other income (expense), net						(1)						—						(9,648)						(9,649)
Income (loss) before income taxes and non-controlling interests						$	10,012					$	(105)					$	(17,473)					$	(7,566)

____________________________________________________

1.Corporate and Others other income primarily include other non-operating gains and losses.

						Six months ended June 30, 2025
(in thousands)						Servicer and Real Estate						Origination						Corporate and Others						Consolidated Altisource
Revenue						$	69,355					$	17,372					$	—					$	86,727
Cost of revenue						43,747						13,469						3,159						60,375
Gross profit (loss)						25,608						3,903						(3,159)						26,352
Selling, general and administrative expenses						3,363						3,423						13,090						19,876
Income (loss) from operations						22,245						480						(16,249)						6,476
Other income (expense), net:
Interest income (expense)						(67)						—						(7,486)						(7,553)
Debt amendment costs						—						—						(3,452)						(3,452)
Other, net1						22						—						165						187
Total other income (expense), net						(45)						—						(10,773)						(10,818)
Income (loss) before income taxes and non-controlling interests						$	22,200					$	480					$	(27,022)					$	(4,342)

____________________________________________________

1.Corporate and Others other income primarily include other non-operating gains and losses.

						Six months ended June 30, 2024
(in thousands)						Servicer and Real Estate						Origination						Corporate and Others						Consolidated Altisource
Revenue						$	62,626					$	15,964					$	—					$	78,590
Cost of revenue						37,848						12,489						3,232						53,569
Gross profit (loss)						24,778						3,475						(3,232)						25,021
Selling, general and administrative expenses						5,493						3,705						14,288						23,486
Income (loss) from operations						19,285						(230)						(17,520)						1,535
Other income (expense), net:
Interest income (expense)						(1)						—						(19,316)						(19,317)
Other, net1						—						—						1,781						1,781
Total other income (expense), net						(1)						—						(17,535)						(17,536)
Income (loss) before income taxes and non-controlling interests						$	19,284					$	(230)					$	(35,055)					$	(16,001)

_________________________________________________

1.Corporate and Others other income primarily include other non-operating gains and losses.

Total Assets

Total assets for our segments are as follows:

(in thousands)						Servicer and Real Estate						Origination						Corporate and Others						Consolidated Altisource
Total assets:
June 30, 2025						$	60,383					$	47,167					$	35,391					$	142,941
December 31, 2024						58,000						47,251						38,355						143,606

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration