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Condensed Consolidated Statements of Stockholders’ Equity (Deficit) and Noncontrolling Interest (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Variable Interest Entity, Primary Beneficiary
Porch Stockholders' Equity (Deficit)
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Accumulated Deficit
Noncontrolling Interest Related to the Reciprocal
Beginning balance (in shares) at Dec. 31, 2023       97,061        
Beginning balance at Dec. 31, 2023 $ (35,683)   $ (35,683) $ 10 $ 690,223 $ (3,860) $ (722,056) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (13,362)   (13,362)       (13,362)  
Other comprehensive income (loss), net of tax (830)   (830)     (830)   0
Stock-based compensation (in shares)       620        
Stock-based compensation 5,368   5,368   5,368      
Exercise of stock options (in shares)       243        
Exercise of stock options 814   814   814      
Income tax withholdings (in shares)       (55)        
Income tax withholdings (165)   (165)   (165)      
Ending balance (in shares) at Mar. 31, 2024       97,869        
Ending balance at Mar. 31, 2024 (43,858)   (43,858) $ 10 696,240 (4,690) (735,418) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Contributions to subsidiary (in shares)   18,300            
Beginning balance (in shares) at Dec. 31, 2024 [1]       101,458        
Beginning balance at Dec. 31, 2024 (43,225)   (43,225) $ 10 717,066 (5,446) (754,855) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 3,736   8,395       8,395 (4,659)
Other comprehensive income (loss), net of tax 2,610   228     228   2,382
Formation of Reciprocal 0   (22,646)   (138,096) 5,502 109,948 22,646
Stock-based compensation (in shares)       374        
Stock-based compensation 4,910   4,910   4,910      
Exercise of stock options (in shares)       41        
Exercise of stock options 93   93   93      
Income tax withholdings (in shares)       (36)        
Income tax withholdings (173)   (173)   (173)      
Ending balance (in shares) at Mar. 31, 2025 [2]       101,837        
Ending balance at Mar. 31, 2025 $ (32,049)   $ (52,418) $ 10 $ 583,800 $ 284 $ (636,512) $ 20,369
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Contributions to subsidiary (in shares)   18,300            
[1] Excludes 18.3 million shares of common stock held by Homeowners of America (“HOA”) as of December 31, 2024.
[2] Excludes 18.3 million shares of common stock held by the Reciprocal as of March 31, 2025 (following the distribution of such shares to the Reciprocal in connection with the sale of HOA to the Reciproca