ALTISOURCE PORTFOLIO SOLUTIONS SA
For the period ended Sep 30, 2024. Filed Oct 24, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 24, 2024
ASPS$5.50-3.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Equity (Deficit)
| Altisource Equity (Deficit) | |||||||
|---|---|---|---|---|---|---|---|
| Common stock · Additional paid-in capital · Retained earnings · Treasury stock, at cost · Non-controlling interests · Total | |||||||
| Shares | |||||||
| Balance, December 31, 2022 | 25,413 | $25,413 | $149,348 | $118,948 | $(413,358) | $775 | $(118,874) |
| Net loss | — | — | — | (12,947) | — | 80 | (12,867) |
| Distributions to non-controlling interest holders | — | — | — | — | — | (102) | (102) |
| Share-based compensation expense | — | — | 1,445 | — | — | — | 1,445 |
| Issuance of restricted share units and restricted shares | — | — | — | (6,058) | 6,058 | — | — |
| Issuance of common stock, net of issuance costs | 4,550 | 4,550 | 15,911 | — | — | — | 20,461 |
| Treasury shares withheld for the payment of tax on restricted share unit and restricted share issuances | — | — | — | (3,700) | 3,240 | — | (460) |
| Balance, March 31, 2023 | 29,963 | $29,963 | $166,704 | $96,243 | $(404,060) | $753 | $(110,397) |
| Net loss | — | — | — | (18,850) | — | 13 | (18,837) |
| Distributions to non-controlling interest holders | — | — | — | — | — | (100) | (100) |
| Share-based compensation expense | — | — | 1,242 | — | — | — | 1,242 |
| Issuance of restricted share units and restricted shares | — | — | — | (2,259) | 2,259 | — | — |
| Treasury shares withheld for the payment of tax on restricted share unit and restricted share issuances | — | — | — | (30) | 27 | — | (3) |
| Balance, June 30, 2023 | 29,963 | $29,963 | $167,946 | $75,104 | $(401,774) | $666 | $(128,095) |
| Net loss | — | — | — | (11,342) | — | 62 | (11,280) |
| Distribution to non-controlling interest holders | — | — | — | — | — | (67) | (67) |
| Reclassification of warrant liability to equity | — | — | 6,951 | — | — | — | 6,951 |
| Share-based compensation expense | — | — | 1,231 | — | — | — | 1,231 |
| Sale of treasury stock, net of transaction costs | — | — | — | (228,269) | 246,643 | — | 18,374 |
| Issuance of restricted share units and restricted shares | — | — | — | (1,153) | 1,153 | — | — |
| Treasury shares withheld for the payment of tax on restricted share unit and restricted share issuances | — | — | — | (465) | 417 | — | (48) |
| Balance, September 30, 2023 | 29,963 | $29,963 | $176,128 | $(166,125) | $(153,561) | $661 | $(112,934) |
Condensed Consolidated Statements of Equity (Deficit)
| Altisource Equity (Deficit) | |||||||
|---|---|---|---|---|---|---|---|
| Common stock · Additional paid-in capital · Retained earnings · Treasury stock, at cost · Non-controlling interests · Total | |||||||
| Shares | |||||||
| Balance, December 31, 2023 | 29,963 | $29,963 | $177,278 | $(180,162) | $(152,749) | $615 | $(125,055) |
| Net loss | — | — | — | (9,198) | — | 41 | (9,157) |
| Distributions to non-controlling interest holders | — | — | — | — | — | (19) | (19) |
| Share-based compensation expense | — | — | 2,213 | — | — | — | 2,213 |
| Exercise of warrants, net of costs | — | — | (398) | (3,722) | 4,030 | — | (90) |
| Issuance of restricted share units and restricted shares | — | — | — | (15,860) | 15,860 | — | — |
| Treasury shares withheld for the payment of tax on restricted share unit and restricted share issuances | — | — | — | (9,575) | 8,985 | — | (590) |
| Balance, March 31, 2024 | 29,963 | $29,963 | $179,093 | $(218,517) | $(123,874) | $637 | $(132,698) |
| Net loss | — | — | — | (8,307) | — | 35 | (8,272) |
| Distributions to non-controlling interest holders | — | — | — | — | — | (32) | (32) |
| Share-based compensation expense | — | — | 844 | — | — | — | 844 |
| Issuance of restricted share units and restricted shares | — | — | — | (6,427) | 6,427 | — | — |
| Treasury shares withheld for the payment of tax on restricted share unit and restricted share issuances | — | — | — | (1,100) | 1,058 | — | (42) |
| Balance, June 30, 2024 | 29,963 | $29,963 | $179,937 | $(234,351) | $(116,389) | $640 | $(140,200) |
| Net loss | — | — | — | (9,362) | — | 60 | (9,302) |
| Share-based compensation expense | — | — | 859 | — | — | — | 859 |
| Exercise of warrants, net of costs | — | — | (20) | (171) | 191 | — | — |
| Issuance of restricted share units and restricted shares | — | — | — | (2,290) | 2,290 | — | — |
| Treasury shares withheld for the payment of tax on restricted share unit and restricted share issuances | — | — | — | (1,371) | 1,328 | — | (43) |
| Balance, September 30, 2024 | 29,963 | $29,963 | $180,776 | $(247,545) | $(112,580) | $700 | $(148,686) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.