Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Total revenue $ 172,276 $ 158,367 $ 317,314 $ 287,471
Operating expenses:        
Cost of services 106,618 98,081 194,966 174,949
Selling, general and administrative 71,550 65,003 143,102 133,919
Depreciation and amortization 3,153 3,329 6,002 6,751
Total operating expenses 181,321 166,413 344,070 315,619
Operating loss (9,045) (8,046) (26,756) (28,148)
Other income, net 5,498 4,812 9,477 10,380
Interest expense (200) (204) (387) (403)
Loss before provision (benefit) for income taxes (3,747) (3,438) (17,666) (18,171)
Provision (benefit) for income taxes 7,288 2,100 (2,209) (2,646)
Net loss $ (11,035) $ (5,538) $ (15,457) $ (15,525)
Net loss per share:        
Basic (in dollars per share) $ (0.28) $ (0.14) $ (0.40) $ (0.40)
Diluted (in dollars per share) $ (0.28) $ (0.14) $ (0.40) $ (0.40)
Weighted average common shares outstanding:        
Basic (in shares) 39,004 38,675 38,967 38,561
Diluted (in shares) 39,004 38,675 38,967 38,561
Real estate brokerage commissions        
Revenue:        
Total revenue $ 141,417 $ 135,423 $ 265,039 $ 244,898
Financing fees        
Revenue:        
Total revenue 26,259 18,294 44,389 32,721
Other revenue        
Revenue:        
Total revenue $ 4,600 $ 4,650 $ 7,886 $ 9,852