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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of financial information of segments
Financial information for our segments is as follows:
 
For the year ended December 31, 2023
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$115,467 $29,599 $— $145,066 
Cost of revenue73,746 27,946 13,722 115,414 
Gross profit (loss) 41,721 1,653 (13,722)29,652 
Selling, general and administrative expenses9,622 7,693 29,105 46,420 
Income (loss) from operations32,099 (6,040)(42,827)(16,768)
Total other income (expense), net— — (35,580)(35,580)
Income (loss) before income taxes and non-controlling interests$32,099 $(6,040)$(78,407)$(52,348)
 
For the year ended December 31, 2022
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$119,661 $33,459 $— $153,120 
Cost of revenue81,148 32,052 18,105 131,305 
Gross profit (loss) 38,513 1,407 (18,105)21,815 
Selling, general and administrative expenses12,057 8,825 33,873 54,755 
Gain on sale of business
— — 242 242 
Income (loss) from operations26,456 (7,418)(52,220)(33,182)
Total other income (expense), net— (14,389)(14,385)
Income (loss) before income taxes and non-controlling interests$26,460 $(7,418)$(66,609)$(47,567)
Total Assets
Total assets for our segments are as follows:
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Total assets:
December 31, 2023$57,535 $50,431 $46,892 $154,858 
December 31, 202263,696 53,984 77,588 195,268