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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue    
Rental revenue $ 243,978 $ 218,347
Other revenue 3,216 3,241
Total revenue 247,194 221,588
Cost of revenue 201,423 179,881
Gross profit 45,771 41,707
Operating expenses:    
Servicing costs 4,589 4,311
Underwriting fees 2,304 1,919
Professional and consulting fees 5,201 6,694
Technology and data analytics 7,170 6,905
Compensation costs 20,076 22,732
General and administrative 10,866 10,938
Litigation settlement, net 3,666 7,000
Total operating expenses 53,872 60,499
Loss from operations (8,101) (18,792)
Loss on partial extinguishment of debt 0 (2,391)
Interest expense and other fees (18,851) (17,822)
Interest income 1,163 1,697
Change in fair value of warrant liability 17 807
Loss before income taxes (25,772) (36,501)
Provision for income taxes (143) (165)
Net loss $ (25,915) $ (36,666)
Weighted average common shares outstanding - basic (in shares) 4,347,000 4,088,000
Weighted average common shares outstanding - diluted (in shares) 4,347,000 4,088,000
Net loss per common share - basic (in dollars per share) $ (5.96) $ (8.97)
Net loss per common share - diluted (in dollars per share) $ (5.96) $ (8.97)