Risk factors

Fathom Holdings (FTHM) risk factors

Item 1A of every Fathom Holdings Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    58 risks, 15 new, 7 dropped, 25 reworded since the prior year. Legal and antitrust pressures surrounding broker commissions and agent classifications intensified significantly this year.

    Filed Mar 30, 2026
  • FY2024 10-K risk factors

    50 risks. Fathom Holdings faces ongoing net losses of $21.6 million in 2024 alongside declining annual revenues of $335 million. The company relies heavily on agent recruitment commission plans like Fathom Max and Fathom Share. A newly adopted bitcoin treasury strategy introduces significant digital asset volatility and regulatory risks. Extensive regulatory oversight spans RESPA, fair housing, mortgage, and title insurance operations.

    Filed Mar 28, 2025