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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)

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(a)Transactions between segments are eliminated in consolidation. Such amounts are eliminated through the Corporate and other services line.

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- 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

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X

- References

No definition available.

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