| Schedule of Financial Information for the Company's Operations Before Taxes |
Financial information for the Company’s revenues and expenses for the three and six months ended June 30, 2026 and 2025 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | June 30, | | June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Total Revenues | $ | 283,449 | | | $ | 271,366 | | | $ | 497,782 | | | $ | 524,769 | | | | | | | | | | Operating expenses: | | | | | | | | Real estate agent commissions | 224,259 | | | 204,594 | | | 391,650 | | | 391,119 | | Sales and marketing | 19,731 | | | 20,069 | | | 37,468 | | | 39,808 | | Operations and support | 17,771 | | | 17,775 | | | 34,011 | | | 35,503 | | General and administrative | 17,795 | | | 26,177 | | | 38,946 | | | 53,502 | | Technology | 5,591 | | | 5,766 | | | 10,829 | | | 11,301 | | Depreciation and amortization | 1,989 | | | 2,219 | | | 3,988 | | | 4,119 | | | | | | | | | | | | | | | | | | | Antitrust litigation settlement expense | — | | | — | | | 2,041 | | | — | | Restructuring | 146 | | | 298 | | | 193 | | | 298 | | Gain on disposal of business | (408) | | | — | | | (408) | | | — | | Operating loss | (3,425) | | | (5,532) | | | (20,936) | | | (10,881) | | Other income (expenses): | | | | | | | | | Interest expense | (2) | | | (1,545) | | | (5) | | | (3,075) | | | Interest income | 719 | | | 1,259 | | | 1,609 | | | 2,620 | | | Equity in (losses) earnings from equity-method investments | (9) | | | 199 | | | 379 | | | 201 | | Change in fair value of the derivative embedded within convertible debt | — | | | (16,969) | | | — | | | (17,715) | | Investment and other losses | (17) | | | (37) | | | (57) | | | (59) | | Loss before provision for income tax | (2,734) | | | (22,625) | | | (19,010) | | | (28,909) | | | Income tax expense | — | | | — | | | — | | | — | | | Net loss | (2,734) | | | (22,625) | | | (19,010) | | | (28,909) | | | Net (income) loss attributed to non-controlling interest | — | | | (48) | | | — | | | 251 | | | Net loss attributed to Douglas Elliman Inc. | $ | (2,734) | | | $ | (22,673) | | | $ | (19,010) | | | $ | (28,658) | |
The Company’s identifiable assets and capital expenditures for June 30, 2026 and December 31, 2025 were as follows:
| | | | | | | | | | Six Months Ended June 30, 2026 | | | Identifiable assets | | $ | 444,297 | | | Capital expenditures | | $ | 943 | | | | | Year Ended December 31, 2025 | | | Identifiable assets | | $ | 444,409 | | | Capital expenditures | | $ | 3,353 | |
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