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SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule of Financial Information of Segments
Financial information for our segments is as follows:
 
Three months ended March 31, 2023
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$31,945 $7,516 $— $39,461 
Cost of revenue19,725 7,454 3,778 30,957 
Gross profit (loss) 12,220 62 (3,778)8,504 
Selling, general and administrative expenses2,301 1,726 8,067 12,094 
Income (loss) from operations9,919 (1,664)(11,845)(3,590)
Total other income (expense), net— — (7,748)(7,748)
Income (loss) before income taxes and
non-controlling interests
$9,919 $(1,664)$(19,593)$(11,338)
 
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)
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Total assets:
March 31, 2023$61,898 $54,681 $61,004 $177,583 
December 31, 202263,696 53,984 77,325 195,005 
Schedule of Premises and Equipment, Net by Country
Premises and equipment, net consist of the following, by country:
(in thousands)March 31,
2023
December 31,
2022
Luxembourg$2,117 $2,455 
India960 1,129 
United States376 586 
Uruguay47 52 
Total$3,500 $4,222