Fathom Holdings Inc 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended March 31, 2026 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-39412 FATHOM HOLDINGS INC.(Exact name of Registrant as specified in its Charter) 82-1518164 2000 Regency Parkway Drive, Suite 300,Cary, North Carolina 27518(Address of principal executive offices) (Zip Code)(888) 455-6040(Registrant’s telephone number, including area code)Securities registered pursuant to Section 12(b) of the Exchange Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and(2) has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant wasrequired to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company”,and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filer Accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YesNo As of July15, 2026, the registrant had33,178,880 shares of common stock outstanding. FATHOM HOLDINGS INC.FORM 10-QFor the Quarterly Period Ended March31, 2026 TABLE OF CONTENTS PART I - FINANCIAL INFORMATION ITEM 1.Financial StatementsCondensed Consolidated Balance Sheets as of March 31, 2026(Unaudited) and December 31, 20253Unaudited CondensedConsolidated Statements of Operations for the three months ended March 31, 2026 and20254Unaudited CondensedConsolidated Statements of Changes in Shareholders’ Equity for the three months endedMarch 31, 2026 and 20255Unaudited Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and20256Notes to Unaudited Condensed Consolidated Financial Statements7ITEM 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations26ITEM 3.Quantitative and Qualitative Disclosures About Market Risk35ITEM 4.Controls and Procedures35PART II - OTHER INFORMATION38ITEM 1.Legal Proceedings38ITEM 1A.Risk Factors39ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds39ITEM 5.Other Information42ITEM 6.Exhibits40SIGNATURES42 PART I FINANCIAL INFORMATION FATHOM HOLDINGS INC.CONDENSED CONSOLIDATED BALANCE SHEETS(UNAUDITED)(in thousands, except share data) FATHOM HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED)(in thousands, except share data) FATHOM HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY(UNAUDITED)(in thousands, except share data) FATHOM HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(UNAUDITED)(in thousands) FATHOM HOLDINGS INC.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Note 1. Organization, Consolidation and Presentation of Financial Statements Fathom Holdings Inc. (“Fathom,” “Fathom Holdings,” and collectively with its consolidated subsidiaries and affiliates, the“Company”) is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insuranceservices and supporting software called intelliAgent. The Company's brands include Fathom Realty, Encompass Lending, intelliAgent,Real Results, MHG, and Verus Title. The unaudited interim condensed consolidated financial statements include the accounts of Fathom Holdings’ wholly-ownedsubsidiaries. All transactions and accounts between and among its subsidiaries have been eliminated. All adjustments and disclosuresnecessary for a fair presentation of these unaudited interim condensed consolidated financial statements have been included. The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with generallyaccepted accounting principles in the United States of America (“GAAP”) as determined by the Financial Accounting Standards Board(“FASB”) Accounting Standards Codification (“ASC”) for inter