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Revenue (Tables)
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table provides detail of total revenue.
Year Ended December 31,
202420232022
Vertical Software segment
Software and service subscriptions$71,944 $67,697 $72,777 
Move-related transactions31,892 40,350 62,317 
Post-move transactions16,771 17,069 19,821 
Total Vertical Software segment revenue120,607 125,116 154,915 
Insurance segment
Insurance and warranty premiums, commissions and policy fees(1)
318,190 305,186 121,033 
Total Insurance segment revenue318,190 305,186 121,033 
Intersegment revenue(2)
(949)— — 
Total revenue
$437,848 $430,302 $275,948 
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(1)Revenue recognized during the years ended December 31, 2024, 2023 and 2022, includes revenue in the Insurance segment of $296.2 million, $271.1 million and $83.9 million, respectively, which is accounted for in accordance with ASC Topic 944, Financial Services-Insurance, and ASC Topic 460, Guarantees, separately from revenue from contracts with customers.
(2)Intersegment revenue relates to sales of software and service subscriptions from the Vertical Software segment to the Insurance segment.
Summary of the Activity Impacting the Contract Assets
A summary of the activity impacting insurance commissions receivable is presented below:
Balance at January 1, 2022$9,384 
Estimated lifetime value of commissions on insurance policies sold by carriers9,925
Cash receipts(3,788)
Balance at December 31, 202215,521
Estimated lifetime value of commissions on insurance policies sold by carriers6,583
Cash receipts(4,711)
Balance at December 31, 202317,393
Estimated lifetime value of commissions on insurance policies sold by carriers1,506
Cash receipts(491)
Value of commissions sold with business disposition (Note 12)(16,982)
Balance at December 31, 2024$1,426 
Schedule of the Activity Impacting Deferred Revenue and Warranty Revenue
A summary of the activity impacting deferred revenue in the Vertical Software segment is presented below:
Vertical Software Segment Deferred Revenue
Balance at January 1, 2022$3,814 
Additional amounts deferred19,421 
Impact of acquisitions137 
Revenue recognized(19,498)
Balance at December 31, 20223,874 
Additional amounts deferred16,142 
Revenue recognized(16,301)
Balance at December 31, 20233,715 
Additional amounts deferred19,436 
Revenue recognized(19,716)
Balance at December 31, 2024$3,435 
The following table provides balances as of the dates shown:
December 31, 2024December 31, 2023
Refundable customer deposits$12,598 $17,911 
Deferred revenue$2,751 $3,887 
Non-current deferred revenue (1)
$2,433 $2,856 
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(1)Non-current deferred revenue is included in other liabilities in the Consolidated Balance Sheets.