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Revenue (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table provides detail of total revenue:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Vertical Software segment
Software and service subscriptions$18,582 $17,307 $53,771 $51,640 
Move-related transactions8,311 12,488 24,289 32,503 
Post-move transactions4,359 4,533 13,280 13,247 
Total Vertical Software segment revenue31,252 34,328 91,340 97,390 
Insurance segment
Insurance and warranty premiums, commissions and policy fees(1)
79,948 95,228 246,147 218,300 
Total Insurance segment revenue79,948 95,228 246,147 218,300 
Total revenue
$111,200 $129,556 $337,487 $315,690 
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(1)Revenue recognized during the three months ended September 30, 2024 and 2023, includes revenue of $73.6 million and $88.2 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, 2024 and 2023, was $229.5 million and $193.2 million, respectively.
Schedule of the Activity Impacting the Contract Assets
A summary of the activity impacting the contract assets during the nine months ended September 30, 2024, is presented below:
Contract Assets
Balance at December 31, 2023$17,393 
Estimated lifetime value of commissions on insurance policies sold by carriers1,056 
Cash receipts(381)
Value of commissions sold with business disposition (Note 15)(16,982)
Balance at September 30, 2024$1,086 
Schedule of the Activity Impacting Deferred Revenue and Warranty Revenue
A summary of the activity impacting Vertical Software segment deferred revenue balances during the nine months ended September 30, 2024, is presented below:
Balance at December 31, 2023$3,715 
Revenue recognized(14,639)
Additional amounts deferred14,816 
Balance at September 30, 2024$3,892 
The following table provides balances as of the dates shown.
September 30, 2024December 31, 2023
Refundable customer deposits$13,054 $17,911 
Deferred revenue$4,404 $3,887 
Non-current deferred revenue (1)
$2,539 $2,856 
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(1)Non-current deferred revenue is included in other liabilities in Condensed Consolidated Balance Sheets.