v3.25.2
SCHEDULE OF BREAKDOWN OF OPERATING EXPENSES (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Cost of Sales $ 492,886 $ 308,910 $ 812,931 $ 488,894
Operating Expenses        
General and Administrative Expenses 18,900 14,015 36,416 26,151
Stock-Based Compensation for Employees 17,795 13,536 30,502 22,380
Depreciation and Amortization Expense 398 340 777 666
Marketing Expenses 23,284 15,889 40,981 28,518
Research and Development Expenses 3,993 2,608 7,925 5,070
Settlement of Litigation 9,250
 Total Operating Expenses 46,177 [1],[2] 32,512 [3],[4] 85,322 [5],[6] 68,989 [7],[8]
Total Cost of Sales and Operating Expenses 539,063 341,422 898,253 557,883
General and Administrative Expense [Member]        
Operating Expenses        
Salaries and Benefits 9,758 6,566 19,460 12,434
Stock-Based Compensation for Employees 1,714 2,066 3,019 3,420
Administrative Expenses 1,221 933 2,113 1,769
Professional Fees 5,007 3,304 9,200 6,422
Depreciation and Amortization Expense 398 340 777 666
Other General and Administrative Expenses 802 806 1,847 1,440
Selling and Marketing Expense [Member]        
Operating Expenses        
Salaries and Benefits 413 237 803 442
Stock-Based Compensation for Employees 43 1 83 5
Stock-Based Compensation for Agents 3,478 2,335 6,593 4,472
Revenue Share 17,644 12,475 30,148 21,539
Other Marketing and Advertising Cost 1,707 841 3,355 2,060
Research and Development Expense [Member]        
Operating Expenses        
Salaries and Benefits 2,360 1,322 4,754 2,713
Stock-Based Compensation for Employees 300 198 605 333
Other Research and Development $ 1,333 $ 1,088 $ 2,567 $ 2,024
[1] Operating expenses includes General and administrative expenses, Marketing expenses, and Research and development expenses.
[2] Operating expenses includes Revenue share expense of approximately $17,644 thousand and is recorded in the North American Brokerage segment.
[3] Operating expenses includes General and administrative expenses, Marketing expenses, Research and development expenses and Settlement of Litigation.
[4] Operating expenses includes Revenue share expense of approximately $12,475 thousand and is recorded in the North American Brokerage segment.
[5] Operating expenses includes General and administrative expenses, Marketing expenses, and Research and development expenses.
[6] Operating expenses includes Revenue share expense of approximately $30,148 thousand and is recorded in the North American Brokerage segment.
[7] Operating expenses includes General and administrative expenses, Marketing expenses, Research and development expenses and Settlement of Litigation.
[8] Operating expenses includes Revenue share expense of approximately $21,539 thousand and is recorded in the North American Brokerage segment.