In 2025, the Company initiated a process to exit its title operations as part of a strategic shift to a platform-first business model and entered into an agreement to sell its title subsidiary. Upon meeting the held-for-sale criteria, the assets and liabilities of the disposal group were classified as held for sale, and the results of operations of the disposal group were presented as discontinued operations, as the disposal represents a strategic shift that has a major effect on the Company's operations and financial results. During the first quarter of 2026, the Company and the buyer agreed to change the structure of the transaction, which resulted in certain assets and liabilities previously included in the disposal group being excluded from the final transaction. As a result of the change in the plan of sale, the assets and liabilities excluded from the final transaction no longer met the held-for-sale criteria and, accordingly, have been reclassified from held for sale to held and used in the accompanying unaudited condensed consolidated balance sheets for all periods presented. The change in the plan of sale did not have a material effect on the results of operations of the disposal group presented as discontinued operations for the periods presented.

Disposal group net assets are recorded at the lower of their carrying amount or estimated fair value less costs to sell. In 2025, the Company recorded an impairment charge of $2.0 million related to the indefinite-lived intangible assets held within the disposal group as the carrying value was determined to be not recoverable.

The Company recognized a $2.1 million loss on the sale of title assets during the six months ended June 30, 2026. Cash proceeds of $1.0 million from the sale are included in net cash provided by investing activities - discontinued operations on the unaudited condensed consolidated statement of cash flows, and $0.4 million of remaining consideration is recorded as a receivable as of June 30, 2026, which was received subsequent to June 30, 2026. The total consideration under the agreement also includes variable consideration tied to the performance of the title business over the three year period following the closing date. The Company elected to account for this consideration as a gain contingency, with amounts recognized in earnings within discontinued operations as the contingency is resolved. For the three months ended June 30, 2026, the Company recognized $0.1 million in earnings related to the contingent consideration received based on volumes of transactions processed during the period.


		December 31, 2025
	(In thousands)
Cash and cash equivalents		$	—
Trade and other receivables, net of allowance for credit losses		3,346
Prepaid expenses and other current assets		612
Current assets held for sale from discontinued operations		$	3,958

Property and equipment, net		$	652
Operating lease right-of-use assets		349

Other non-current assets		2
Non-current assets held for sale from discontinued operations		$	1,003

Accounts payable		$	311
Accrued compensation		433
Other current liabilities		1,384
Current liabilities held for sale from discontinued operations		$	2,128

Operating results from the disposal group for the three and six months ended June 30, 2026 and 2025 are reported as loss from discontinued operations, on the unaudited condensed consolidated statements of operations and comprehensive income (loss), as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(in thousands)
Revenue	$	—	$	9,249	$	4,465	$	17,963
Cost of revenue	—		8,171		3,881		17,072
Operating expenses:

Sales and marketing	—		329		252		666
General and administrative	—		1,414		725		3,098
Impairment of intangible asset	—		2,000		—		2,000
Restructuring	—		483		—		1,155
Loss from operations	—		(3,148)		(393)		(6,028)
Other income (expense), net	—		150		269		227
Gain (loss) on sale of assets	329		—		(2,131)		—
Income (loss) before income taxes	329		(2,998)		(2,255)		(5,801)
Income tax benefit	—		—		—		—
Income (loss) from discontinued operations	$	329	$	(2,998)	$	(2,255)	$	(5,801)