Intangible Assets and Goodwill (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Intangible Assets and Goodwill |
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| Schedule of components and carrying amount of intangible assets |
The following table provides the components and Carrying Amount of the Company’s intangible assets (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | December 31, | | | | | December 31, | | | | | | REMAX | | | | | September 30, | | | 2024 | | Additions | | 2025 | | Additions | | | Acquisition | | Impairment | | 2026 | Cost | | | | | | | | | | | | | | | | | | | | | | Indefinite-lived trademarks | | $ | 25 | | $ | — | | $ | 25 | | $ | — | | $ | 205,000 | | $ | (11) | | $ | 205,014 | Franchise agreements | | | — | | | — | | | — | | | — | | | 300,000 | | | — | | | 300,000 | Acquired Technology | | | 1,168 | | | 2,750 | | | 3,918 | | | — | | | — | | | — | | | 3,918 | Computer software | | | 2,234 | | | 563 | | | 2,797 | | | 361 | | | — | | | — | | | 3,158 | Customer Relationship | | | 2,839 | | | — | | | 2,839 | | | — | | | — | | | — | | | 2,839 | Other | | | 456 | | | — | | | 456 | | | — | | | — | | | — | | | 456 | Total cost | | $ | 6,722 | | $ | 3,313 | | $ | 10,035 | | $ | 361 | | $ | 505,000 | | $ | (11) | | $ | 515,385 | | | | | | | | | | | | | | | | | | | | | | | Accumulated Amortization | | | | | | | | | | | | | | | | | | | | | | Franchise agreements | | $ | — | | $ | — | | $ | — | | $ | 2,500 | | $ | — | | $ | — | | $ | 2,500 | Acquired Technology | | | 632 | | | 509 | | | 1,141 | | | 503 | | | — | | | — | | | 1,644 | Computer software | | | 615 | | | 483 | | | 1,098 | | | 428 | | | — | | | — | | | 1,526 | Customer Relationships | | | 1,136 | | | 567 | | | 1,703 | | | 426 | | | — | | | — | | | 2,129 | Other | | | 145 | | | 92 | | | 237 | | | 68 | | | — | | | — | | | 305 | Total accumulated amortization | | $ | 2,528 | | $ | 1,651 | | $ | 4,179 | | $ | 3,925 | | $ | — | | $ | — | | $ | 8,104 | | | | | | | | | | | | | | | | | | | | | | | Carrying amounts | | $ | 4,194 | | | 1,662 | | $ | 5,856 | | $ | (3,564) | | $ | 505,000 | | $ | (11) | | $ | 507,281 |
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| Schedule of components and carrying amount of indefinite-lived intangible assets |
The following table provides the components and Carrying Amount of the Company’s intangible assets (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | December 31, | | | | | December 31, | | | | | | REMAX | | | | | September 30, | | | 2024 | | Additions | | 2025 | | Additions | | | Acquisition | | Impairment | | 2026 | Cost | | | | | | | | | | | | | | | | | | | | | | Indefinite-lived trademarks | | $ | 25 | | $ | — | | $ | 25 | | $ | — | | $ | 205,000 | | $ | (11) | | $ | 205,014 | Franchise agreements | | | — | | | — | | | — | | | — | | | 300,000 | | | — | | | 300,000 | Acquired Technology | | | 1,168 | | | 2,750 | | | 3,918 | | | — | | | — | | | — | | | 3,918 | Computer software | | | 2,234 | | | 563 | | | 2,797 | | | 361 | | | — | | | — | | | 3,158 | Customer Relationship | | | 2,839 | | | — | | | 2,839 | | | — | | | — | | | — | | | 2,839 | Other | | | 456 | | | — | | | 456 | | | — | | | — | | | — | | | 456 | Total cost | | $ | 6,722 | | $ | 3,313 | | $ | 10,035 | | $ | 361 | | $ | 505,000 | | $ | (11) | | $ | 515,385 | | | | | | | | | | | | | | | | | | | | | | | Accumulated Amortization | | | | | | | | | | | | | | | | | | | | | | Franchise agreements | | $ | — | | $ | — | | $ | — | | $ | 2,500 | | $ | — | | $ | — | | $ | 2,500 | Acquired Technology | | | 632 | | | 509 | | | 1,141 | | | 503 | | | — | | | — | | | 1,644 | Computer software | | | 615 | | | 483 | | | 1,098 | | | 428 | | | — | | | — | | | 1,526 | Customer Relationships | | | 1,136 | | | 567 | | | 1,703 | | | 426 | | | — | | | — | | | 2,129 | Other | | | 145 | | | 92 | | | 237 | | | 68 | | | — | | | — | | | 305 | Total accumulated amortization | | $ | 2,528 | | $ | 1,651 | | $ | 4,179 | | $ | 3,925 | | $ | — | | $ | — | | $ | 8,104 | | | | | | | | | | | | | | | | | | | | | | | Carrying amounts | | $ | 4,194 | | | 1,662 | | $ | 5,856 | | $ | (3,564) | | $ | 505,000 | | $ | (11) | | $ | 507,281 |
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| Schedule of estimated future amortization of finite-lived intangible assets, other than goodwill |
As of September 30, 2026, the estimated future amortization expense related to finite-lived intangible assets, including the estimated amortization expense associated with intangible assets assumed with the Company’s acquisitions, is as follows (in thousands): | | | | Remainder of 2026 | | $ | 7,977 | 2027 | | | 31,856 | 2028 | | | 31,039 | 2029 | | | 30,765 | 2030 | | | 30,375 | Thereafter | | | 170,008 | | | $ | 302,020 |
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| Schedule of goodwill by reporting unit |
The following table presents goodwill by reporting unit (in thousands): | | | | | | | | | | | | | | | Brokerage | | Franchise | | Other | | Total | Balance, January 1, 2026 | | $ | 602 | | $ | — | | $ | 8,391 | | $ | 8,993 | REMAX Acquisition | | | — | | | 327,915 | | | — | | | 327,915 | Balance, September 30, 2026 | | $ | 602 | | $ | 327,915 | | $ | 8,391 | | $ | 336,908 |
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