| Schedule of Key Operating Data for the Reportable Segments |
Key operating data for the reportable segments for the three months ended March 31, 2026 and 2025 are set forth in the tables below (amounts in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2026 |
|
Real Estate Brokerage |
Mortgage |
Title |
Total |
| Revenue |
$ |
81,338 |
|
$ |
3,482 |
|
$ |
1,581 |
|
$ |
86,401 |
|
| Intersegment revenue |
— |
|
— |
|
32 |
|
32 |
|
| Total segment revenue |
81,338
|
|
3,482
|
|
1,613
|
|
86,433
|
|
| Corporate and other services (a) |
|
|
|
381 |
|
| Elimination of intersegment revenue |
|
|
|
(413) |
|
| Total revenue |
|
|
|
86,401
|
|
| Less: |
|
|
|
|
| Commissions |
77,901 |
|
906 |
|
265 |
|
79,072 |
|
| Compensation |
1,332 |
|
1,304 |
|
969 |
|
3,605 |
|
| Other segment expenses |
4,425 |
|
1,596 |
|
680 |
|
6,701 |
|
| Adjusted EBITDA by segment |
(2,320) |
|
(324) |
|
(301) |
|
(2,945) |
|
| Corporate and other services (a) expenses |
|
|
|
(2,696) |
|
| Total adjusted EBITDA |
|
|
|
(5,641) |
|
| Stock based compensation |
|
|
|
(588) |
|
| Litigation contingency |
|
|
|
(6) |
|
| Depreciation and amortization |
|
|
|
(1,368) |
|
| Other income (expense), net |
|
|
|
(610) |
|
| Loss before income tax |
|
|
|
$ |
(8,215) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2025 |
|
Real Estate Brokerage |
Mortgage |
Title |
Total |
| Revenue |
$ |
88,875 |
|
$ |
2,603 |
|
$ |
1,013 |
|
$ |
92,491 |
|
| Intersegment revenue |
— |
|
— |
|
34 |
|
34 |
|
| Total segment revenue |
88,875
|
|
2,603
|
|
1,047
|
|
92,525
|
|
| Corporate and other services (a) |
|
|
|
1,062 |
|
| Elimination of intersegment revenue |
|
|
|
(452) |
|
| Total revenue |
|
|
|
93,135
|
|
| Less: |
|
|
|
|
| Commissions |
84,411 |
|
703 |
|
106 |
|
85,220 |
|
| Compensation |
1,313 |
|
1,054 |
|
852 |
|
3,219 |
|
| Other segment expenses |
1,566 |
|
1,224 |
|
518 |
|
3,308 |
|
| Adjusted EBITDA by segment |
1,585
|
|
(378) |
|
(429) |
|
778
|
|
| Corporate and other services (a) expenses |
|
|
|
(2,252) |
|
| Total adjusted EBITDA |
|
|
|
(1,474) |
|
| Stock based compensation |
|
|
|
(1,506) |
|
| Litigation contingency |
|
|
|
(4) |
|
| Depreciation and amortization |
|
|
|
(1,440) |
|
| Other expense (income), net |
|
|
|
(1,205) |
|
| Loss before income tax |
|
|
|
$ |
(5,629) |
|
____________________________________________________________
(a)Transactions between segments are eliminated in consolidation. Such amounts are eliminated through the Corporate and other services line.
|