Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.23.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting  
Schedule of key operating data for the reportable segments

Key operating data for the reportable segments for the three months ended March 31, 2023 and 2022 are set forth in the tables below (amounts in thousands).

    

Revenue

Three Months

March 31, 

    

2023

    

2022

Real Estate Brokerage

$

73,170

$

84,044

Mortgage

1,464

2,864

Technology

756

645

Corporate and other services (a)

2,151

2,529

Total revenue

$

77,541

$

90,082

Adjusted EBITDA

Three Months

March 31, 

    

2023

    

2022

Real Estate Brokerage

$

1,298

$

945

Mortgage

(567)

(490)

Technology

(212)

(395)

Total Segment Adjusted EBITDA

519

60

Corporate and other services (a)

(1,888)

(2,176)

Total Company Adjusted EBITDA

(1,369)

(2,116)

Depreciation and amortization

(1,357)

(1,061)

Other (expense) income, net

(143)

(337)

Income tax (expense) benefit

(12)

(25)

Stock based compensation

(2,820)

(2,407)

Transaction-related costs

(51)

Net loss

$

(5,701)

$

(5,997)

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