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SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of financial information of segments
Financial information for our segments is as follows:
 
Three months ended March 31, 2022
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$28,536 $10,980 $— $39,516 
Cost of revenue19,740 9,307 4,822 33,869 
Gross profit (loss)8,796 1,673 (4,822)5,647 
Selling, general and administrative expenses3,059 2,120 8,795 13,974 
Income (loss) from operations5,737 (447)(13,617)(8,327)
Total other income (expense), net— — (2,816)(2,816)
Income (loss) before income taxes and
non-controlling interests
$5,737 $(447)$(16,433)$(11,143)
 
Three months ended March 31, 2021
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$32,641 $17,267 $557 $50,465 
Cost of revenue25,771 14,286 10,101 50,158 
Gross profit (loss)6,870 2,981 (9,544)307 
Selling, general and administrative expenses3,854 1,310 13,722 18,886 
Income (loss) from operations3,016 1,671 (23,266)(18,579)
Total other income (expense), net— (2,495)(2,493)
Income (loss) before income taxes and
non-controlling interests
$3,018 $1,671 $(25,761)$(21,072)
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Total assets:
March 31, 2022$64,451 $59,829 $115,497 $239,777 
December 31, 202161,832 59,741 136,235 257,808 
Schedule of premises and equipment, net by country
Our services are provided to customers primarily located in the United States. Premises and equipment net, consist of the following, by country:
(in thousands)March 31,
2022
December 31,
2021
Luxembourg$3,526 $3,883 
United States1,475 1,932 
India878 999 
Uruguay48 59 
Total$5,927 $6,873