Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue $ 70,503 $ 77,541
Operating expenses    
Commission and other agent-related costs 61,167 69,172
Operations and support 2,109 1,614
Technology and development 1,950 1,579
General and administrative 9,602 9,312
Marketing 600 715
Depreciation and amortization 728 695
Total operating expenses 76,156 83,087
Loss from operations (5,653) (5,546)
Other expense (income), net    
Interest expense (income), net 105 (16)
Other nonoperating expense 152 159
Other expense (income), net 257 143
Loss before income taxes (5,910) (5,689)
Income tax expense 17 12
Net loss $ (5,927) $ (5,701)
Net loss per share:    
Basic (in dollars per share) $ (0.31) $ (0.36)
Diluted (in dollars per share) $ (0.31) $ (0.36)
Weighted average common shares outstanding:    
Basic (in shares) 19,178,474 16,011,068
Diluted (in shares) 19,178,474 16,011,068
Gross commission income    
Revenue $ 65,385 $ 73,170
Other service revenue    
Revenue $ 5,118 $ 4,371