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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 134,898 $ 108,237
Restricted cash 105,883 67,673
Accounts receivable, net of allowance for credit losses of $2,806 and $2,198, respectively 154,997 133,489
Prepaids and other assets 7,822 9,916
TOTAL CURRENT ASSETS 403,600 319,315
Property, plant, and equipment, net 19,906 15,902
Operating lease right-of-use assets 2,265 2,482
Other noncurrent assets 1,943 2,827
Intangible assets, net 7,071 7,528
Deferred tax assets 59,719 52,827
Goodwill 12,945 12,945
TOTAL ASSETS 507,449 413,826
CURRENT LIABILITIES    
Accounts payable 5,971 7,158
Customer deposits 93,566 67,673
Accrued expenses 147,393 111,672
Current portion of lease obligation - operating lease 213 311
TOTAL CURRENT LIABILITIES 247,143 186,814
Long-term payable 2,714 2,714
Long-term lease obligation - operating lease, net of current portion 720 765
TOTAL LIABILITIES 250,577 190,293
EQUITY    
Common Stock, $0.00001 par value 900,000,000 shares authorized; 161,781,042 issued and 150,293,351 outstanding in 2022; 155,516,284 issued and 148,764,592 outstanding in 2021 2 1
Additional paid-in capital 509,476 401,479
Treasury stock, at cost: 11,487,691 and 6,751,692 shares held, respectively (289,829) (210,009)
Accumulated earnings 37,007 30,510
Accumulated other comprehensive income (loss) (953) 188
Total eXp World Holdings, Inc. stockholders' equity 255,703 222,169
Equity attributable to noncontrolling interest 1,169 1,364
TOTAL EQUITY 256,872 223,533
TOTAL LIABILITIES AND EQUITY $ 507,449 $ 413,826