v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 23,186 $ 26,603
Accounts receivable, net of allowance for credit losses of $1,935 and $2,492, respectively 26,930 17,984
Prepaid expenses and other current assets 6,464 9,690
Total current assets 56,580 54,277
Premises and equipment, net 508 253
Right-of-use assets under operating leases 708 1,117
Goodwill 55,960 55,960
Intangible assets, net 14,238 17,085
Deferred tax assets, net 6,242 6,342
Other assets 2,252 4,767
Total assets 136,488 139,801
Current liabilities:    
Accounts payable and accrued expenses 42,497 39,595
Current portion of long-term debt 1,211 1,225
Deferred revenue 3,047 3,440
Other current liabilities 1,691 2,805
Total current liabilities 48,446 47,065
Long-term debt 185,000 189,861
Deferred tax liabilities, net 8,668 8,641
Other non-current liabilities 3,703 3,697
Commitments, contingencies and regulatory matters (Note 21)
Deficit:    
Common stock ($0.01 par value; 250,000 shares authorized, 11,420 issued and outstanding as of June 30, 2026; 11,021 issued and 10,994 outstanding as of December 31, 2025) 114 110
Additional paid-in capital 258,673 257,359
Accumulated deficit (368,899) (363,735)
Treasury stock, at cost (27 shares as of December 31, 2025) 0 (3,948)
Altisource deficit (110,112) (110,214)
Non-controlling interests 783 751
Total deficit (109,329) (109,463)
Total liabilities and deficit $ 136,488 $ 139,801