Revenue (Tables)

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of disaggregation of revenue

Total revenues consisted of the following:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Vertical Software segment
Software and service subscriptions	$	17,307	$	18,086	$	51,640	$	55,164
Move-related transactions	12,488		21,569		32,503		51,155
Post-move transactions	4,533		5,364		13,247		15,644
Total Vertical Software segment revenue	34,328		45,019		97,390		121,963
Insurance segment
Insurance and warranty premiums, commissions and policy fees	95,228		32,334		218,300		89,872
Total Insurance segment revenue	95,228		32,334		218,300		89,872
Total revenue(1)	$	129,556	$	77,353	$	315,690	$	211,835

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(1)Revenue recognized during the three months ended September 30, 2023 and 2022, includes revenue of $88.2 million and $19.1 million, respectively, which is accounted for separately from the revenue from contracts with customers. Revenue accounted separately from the revenue from contracts with customers for the nine months ended September 30, 2023 and 2022, was $193.2 million and $56.4 million, respectively.

Summary of the activity impacting the contract assets

A summary of the activity impacting the contract assets during the nine months ended September 30, 2023, is presented below:

	Contract Assets
Balance at December 31, 2022	$	15,521
Estimated lifetime value of commissions on insurance policies sold by carriers	5,531
Cash receipts	(3,636)
Balance at September 30, 2023	$	17,416

Summary of the activity impacting deferred revenue

A summary of the activity impacting deferred revenue balances during the nine months ended September 30, 2023, is presented below:

	Vertical Software Deferred Revenue
Balance at December 31, 2022	$	3,874
Revenue recognized	(12,635)
Additional amounts deferred	12,378
Balance at September 30, 2023	$	3,617