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This quarterly report details the financial performance, management discussions, and operational insights of eXp World Holdings, Inc. for the third quarter of 2024. The report includes unaudited condensed consolidated financial statements, analysis of market risks, and updates on legal proceedings affecting the company. Highlights also cover the impact of the discontinuation of the Virbela business and strategic initiatives aimed at sustaining growth in a fluctuating real estate market.
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01
Gather necessary financial information including balance sheet, income statement, and cash flow statement.
02
Ensure compliance with GAAP (Generally Accepted Accounting Principles).
03
Begin with Section 1: Financial Statements, providing a balance sheet, income and earnings per share data.
04
Complete Section 2: Management's Discussion and Analysis (MD&A), summarizing financial condition and results of operations.
05
Fill out Section 3: Legal Proceedings by disclosing any substantial legal matters.
06
Review Section 4: Controls and Procedures to confirm the effectiveness of internal controls.
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Ensure all required disclosures and segment information are completed accurately.
08
Confirm all sections are signed by the appropriate officers before submission.
09
Submit the completed form to the SEC via the EDGAR electronic filing system.
Who needs form 10-q?
01
Publicly traded companies in the United States are required to file Form 10-Q.
02
Investors and analysts use Form 10-Q to assess company performance and financial health.
03
Regulatory bodies like the SEC require Form 10-Q to ensure compliance with reporting standards.
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What is form 10-q?
Form 10-Q is a quarterly report that publicly traded companies in the United States are required to file with the Securities and Exchange Commission (SEC). It provides financial performance updates and other key information about the company's financial conditions.
Who is required to file form 10-q?
All publicly traded companies in the United States that are registered with the SEC are required to file Form 10-Q.
How to fill out form 10-q?
To fill out Form 10-Q, a company must provide information on its financial statements, management analysis, and disclosures about the company's financial condition, results of operations, and risk factors, typically using the SEC's standardized format.
What is the purpose of form 10-q?
The purpose of Form 10-Q is to provide ongoing financial information to investors, analysts, and regulators, ensuring transparency and accountability for public companies on a quarterly basis.
What information must be reported on form 10-q?
Form 10-Q must report financial statements, management discussion and analysis, disclosures about market risk, and any legal proceedings or changes in shareholding patterns, among other information.
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