v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 102,526 $ 33,213
Restricted cash 62,306 26,338
Investments in financial assets 6,933 16,731
Accounts and notes receivable, net of allowances 58,298 20,170
Short-term financing receivables, net 11,984 6,198
Other current assets 24,161 3,033
Total current assets 266,208 105,683
Non-current assets:    
Other intangible assets, net 209,781 5,856
Franchise agreements, net 297,500  
Goodwill 336,908 8,993
Property and equipment, net 5,544 758
Long-term investments 3,087 2,250
Deferred tax assets 3,927 981
Operating lease right-of-use assets 16,846  
Other assets, net of current portion 7,582 2,308
Total assets 1,147,383 126,829
Current liabilities:    
Accounts payable 4,916 1,161
Accrued liabilities 112,902 38,205
Customer deposits 42,083 26,338
Deferred revenue 20,730  
Debt 30,937  
Operating lease liabilities 9,944  
Other payables 8,752 9,530
Total current liabilities 230,264 75,234
Deferred tax liabilities 10 10
Debt, net of current portion 482,602  
Deferred revenue, net of current portion 10,268  
Operating lease liabilities, net of current portion 7,100  
Other liabilities, net of current portion 2,422  
Total liabilities 732,666 75,244
Stockholders' equity:    
Common stock, par value $.001 per share, 1,000,000,000 shares authorized; 37,710,640 and 21,047,840 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively [1] 38 21
Preferred stock, par value $.001 per share, 100,000,000 shares authorized; none issued and outstanding as of September 30, 2026 and December 31, 2025
Additional paid-in capital 609,881 164,187
Accumulated deficit (191,602) (112,851)
Accumulated other comprehensive income (deficit), net of tax 1,186 318
Treasury stock, at cost, 264,229 and 0 Common Shares at September 30, 2026 and December 31, 2025, respectively (4,707)  
Total Real REMAX Group Inc. stockholders' equity 414,796 51,675
Non-controlling interest (79) (90)
Total stockholders' equity 414,717 51,585
Total liabilities and stockholders' equity $ 1,147,383 $ 126,829
[1] After giving retroactive effect to a 1-for-10 reverse stock split that became effective August 24, 2026, as described in Note 2.