v3.25.3
SCHEDULE OF BREAKDOWN OF OPERATING EXPENSES (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Cost of Sales $ 523,692 $ 340,359 $ 1,336,623 $ 829,253
Operating Expenses        
General and Administrative Expenses 19,584 16,301 56,000 42,452
Stock-Based Compensation for Employees 19,912 15,417 50,414 37,797
Depreciation and Amortization Expense 567 358 1,344 1,024
Marketing Expenses 21,034 15,261 62,015 43,779
Research and Development Expenses 4,712 3,045 12,637 8,115
Settlement of Litigation 9,250
 Total Operating Expenses 45,330 [1],[2] 34,607 [3],[4] 130,652 [5],[6] 103,596 [7],[8]
Total Cost of Sales and Operating Expenses 569,022 374,966 1,467,275 932,849
General and Administrative Expense [Member]        
Operating Expenses        
Salaries and Benefits 9,753 7,314 29,213 19,748
Stock-Based Compensation for Employees 3,040 2,825 6,059 6,245
Administrative Expenses 758 1,066 2,871 2,835
Professional Fees 4,500 3,917 13,700 10,339
Depreciation and Amortization Expense 567 358 1,344 1,024
Other 966 821 2,813 2,261
Selling and Marketing Expense [Member]        
Operating Expenses        
Salaries and Benefits 452 279 1,255 721
Stock-Based Compensation for Employees 43 6 126 11
Stock-Based Compensation for Agents 3,935 2,665 10,528 7,137
Revenue Share 15,738 11,651 45,886 33,190
Other 866 660 4,220 2,720
Research and Development Expense [Member]        
Operating Expenses        
Salaries and Benefits 2,584 1,681 7,338 4,394
Stock-Based Compensation for Employees 339 308 944 641
Other $ 1,789 $ 1,056 $ 4,355 $ 3,080
[1] Operating expenses includes General and administrative expenses, Marketing expenses, and Research and development expenses.
[2] Operating expenses includes Revenue share expense of approximately $15,738 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 $11,651 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 $45,886 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 $33,190 thousand and is recorded in the North American Brokerage segment.