Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Total revenue $ 77,541,000 $ 90,082,000
Operating expenses    
Commission and other agent-related costs 69,172,000 79,479,000
Operations and support 1,614,000 2,175,000
Technology and development 1,290,000 1,474,000
General and administrative 9,601,000 10,854,000
Marketing 715,000 1,163,000
Depreciation and amortization 695,000 572,000
Total operating expenses 83,087,000 95,717,000
Loss from operations (5,546,000) (5,635,000)
Other expense (income), net    
Interest expense (income), net (16,000) 1,000
Other nonoperating expense (income), net 159,000 336,000
Other expense (income), net 143,000 337,000
Loss before income taxes (5,689,000) (5,972,000)
Income tax expense (benefit) 12,000 25,000
Net loss $ (5,701,000) $ (5,997,000)
Net loss per share:    
Basic $ (0.36) $ (0.37)
Diluted $ (0.36) $ (0.37)
Weighted average common shares outstanding:    
Basic 16,011,068 16,323,157
Diluted 16,011,068 16,323,157
Gross commission income    
Total revenue $ 73,170,000 $ 84,044,000
Other service revenue    
Total revenue $ 4,371,000 $ 6,038,000