XML 47 R38.htm IDEA: XBRL DOCUMENT
v3.25.1

Segment Reporting (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Key Operating Data for the Reportable Segments | Key operating data for the reportable segments for the three months ended March 31, 2025 and 2024 are set forth in the tables below (amounts in thousands):
| Three Months Ended March 31, 2025
| Real Estate Brokerage | Mortgage | Technology | Total
Revenue | $ | 88,875 |  | $ | 2,603 |  | $ | 644 |  | $ | 92,122 |
Intersegment revenue | — |  | — |  | 419 |  | 419 |
Total segment revenue | 88,875 |  | 2,603 |  | 1,063 |  | 92,541 |
Corporate and other services (a) |  |  |  | 1,047 |
Elimination of intersegment revenue |  |  |  | (453) |
Total revenue |  |  |  | 93,135 |
Less: |  |  |  |
Commissions | 84,411 |  | 703 |  | — |  | 85,114 |
Compensation | 1,313 |  | 1,054 |  | 452 |  | 2,819 |
Other segment expenses | 1,566 |  | 1,224 |  | 139 |  | 2,929 |
Adjusted EBITDA by segment | 1,585 |  | (378) |  | 472 |  | 1,679 |
Corporate and other services (a) expenses |  |  |  | (3,153) |
Total adjusted EBITDA |  |  |  | (1,474) |
Stock based compensation |  |  |  | (1,506) |
Litigation contingency |  |  |  | (4) |
Depreciation and amortization |  |  |  | (1,440) |
Other income (expense), net |  |  |  | (1,205) |
Loss before income tax |  |  |  | $ | (5,629) |
| Three Months Ended March 31, 2024
| Real Estate Brokerage | Mortgage | Technology | Total
Revenue | $ | 65,385 |  | $ | 2,264 |  | $ | 765 |  | $ | 68,414 |
Intersegment revenue | — |  | — |  | 352 |  | 352 |
Total segment revenue | 65,385 |  | 2,264 |  | 1,117 |  | 68,766 |
Corporate and other services (a) |  |  |  | 1,385 |
Elimination of intersegment revenue |  |  |  | (352) |
Total revenue |  |  |  | 70,503 |
Less: |  |  |  |
Commissions | 61,329 |  | 670 |  | 9 |  | 62,008 |
Compensation | 1,034 |  | 1,010 |  | 569 |  | 2,613 |
Other segment expenses | 2,179 |  | 1,104 |  | 566 |  | 3,849 |
Adjusted EBITDA by segment | 843 |  | (520) |  | (27) |  | 296 |
Corporate and other services (a) expenses |  |  |  | (1,817) |
Total adjusted EBITDA |  |  |  | (1,521) |
Stock based compensation |  |  |  | (2,652) |
Litigation contingency |  |  |  | — |
Depreciation and amortization |  |  |  | (1,480) |
Other expense (income), net |  |  |  | (257) |
Loss before income tax |  |  |  | $ | (5,910) |
_____________________________________________________________ (a)Transactions between segments are eliminated in consolidation. Such amounts are eliminated through the Corporate and other services line.

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