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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenue $ 36,213 $ 38,380 $ 110,909 $ 118,317
Cost of revenue 29,024 34,387 89,684 104,611
Gross profit 7,189 3,993 21,225 13,706
Selling, general and administrative expenses 10,734 14,556 35,169 43,055
Loss from operations (3,545) (10,563) (13,944) (29,349)
Other income (expense), net:        
Interest expense (9,890) (4,349) (26,554) (11,439)
Change in fair value of warrant liability 2,225 0 1,145 0
Debt amendment costs (59) 0 (3,402) 0
Other income (expense), net 407 459 2,357 1,392
Total other income (expense), net (7,317) (3,890) (26,454) (10,047)
Loss before income taxes and non-controlling interests (10,862) (14,453) (40,398) (39,396)
Income tax (provision) benefit (418) 197 (2,586) (2,210)
Net loss (11,280) (14,256) (42,984) (41,606)
Net income attributable to non-controlling interests (62) (133) (155) (468)
Net loss attributable to Altisource $ (11,342) $ (14,389) $ (43,139) $ (42,074)
Loss per share:        
Basic (in usd per share) $ (0.51) $ (0.89) $ (2.10) $ (2.62)
Diluted (in usd per share) $ (0.51) $ (0.89) $ (2.10) $ (2.62)
Weighted average shares outstanding:        
Basic (in shares) 22,181 16,087 20,538 16,051
Diluted (in shares) 22,181 16,087 20,538 16,051
Comprehensive loss:        
Comprehensive loss, net of tax $ (11,280) $ (14,256) $ (42,984) $ (41,606)
Comprehensive income attributable to non-controlling interests (62) (133) (155) (468)
Comprehensive loss attributable to Altisource $ (11,342) $ (14,389) $ (43,139) $ (42,074)