On November 1, 2023, Angi Inc. completed the sale of 100% of its wholly-owned subsidiary, THR, and has reflected it as a discontinued operation in its financial statements. The financial information for prior periods has been recast to conform to this presentation.

The components of the loss from discontinued operations for the three and nine months ended September 30, 2023, in the statement of operations consisted of the following:


	Three Months Ended September 30,		Nine Months Ended September 30,
	2023		2023
	(In thousands)
Revenue	$	21,400	$	84,254
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	15,074		57,132
Selling and marketing expense	4,695		16,293
General and administrative expense	3,774		13,443

Depreciation	103		523


Total operating costs and expenses	23,646		87,391
Operating loss from discontinued operations	(2,246)		(3,137)
Interest income	1		9

Loss from discontinued operations before tax	(2,245)		(3,128)
Income tax (provision) benefit	(90)		892
Loss from discontinued operations, net of tax	$	(2,335)	$	(2,236)

During the period in which Angi owned THR, the Ads & Leads segment provided services to the Roofing segment totaling $0.8 million and $3.3 million for the three and nine months ended September 30, 2023, respectively.