XML 55 R39.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Segment Information [Abstract] |
Schedule of Net Sales from External Customers | The following table summarizes net sales from external customers (in thousands):
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
United States |  | $ | 1,362,423 |  |  | $ | 1,553,389 |  |  | $ | 2,101,975 |
Canada |  |  | 114,948 |  |  |  | 138,123 |  |  |  | 211,778 |
Rest of world |  |  | 19,592 |  |  |  | 28,761 |  |  |  | 62,472 |
Total |  | $ | 1,496,963 |  |  | $ | 1,720,273 |  |  | $ | 2,376,225 |
Schedule of Net Sales by Product Category and Revenue Stream | The following table summarizes net sales by product category and revenue stream (in thousands):
|  | Year Ended December 31, |
Net Sales by Product Category |  | 2023 |  |  | 2022 |  |  | 2021 |
Components & Storage |  | $ | 910,772 |  |  | $ | 1,046,095 |  |  | $ | 1,346,053 |
Computer System |  |  | 327,263 |  |  |  | 345,949 |  |  |  | 644,923 |
Office Solutions |  |  | 80,767 |  |  |  | 96,679 |  |  |  | 155,526 |
Software & Services |  |  | 55,091 |  |  |  | 58,424 |  |  |  | 56,402 |
Electronics |  |  | 31,020 |  |  |  | 38,302 |  |  |  | 52,058 |
Others |  |  | 92,050 |  |  |  | 134,824 |  |  |  | 121,263 |
Total Net Sales |  | $ | 1,496,963 |  |  | $ | 1,720,273 |  |  | $ | 2,376,225 |
|  | Year Ended December 31, |
Net Sales by Revenue Stream |  | 2023 |  |  | 2022 |  |  | 2021 |
Direct sales revenues(1) |  | $ | 1,396,624 |  |  | $ | 1,607,027 |  |  | $ | 2,243,421 |
Marketplace revenues(2) |  |  | 32,330 |  |  |  | 47,005 |  |  |  | 63,492 |
Services revenues(3) |  |  | 68,009 |  |  |  | 66,241 |  |  |  | 69,312 |
Total Net Sales |  | $ | 1,496,963 |  |  | $ | 1,720,273 |  |  | $ | 2,376,225 |
| (1) | Includes all first-party product sales where Newegg owns and sells its own inventories within its websites and third-party marketplace platforms.
| (2) | Includes all the commission revenues earned from sales made by sellers on its websites.
| (3) | Includes all revenue recognized from providing services to customers, including third-party logistics services, advertising services, and all other third-party seller services.
Schedule of Net Property, Plant and Equipment | The following table summarizes net property, plant and equipment by country (in thousands):
|  | As of December 31, |
|  | 2023 |  |  | 2022 |
United States |  | $ | 40,063 |  |  | $ | 21,637 |
Canada |  |  | 76 |  |  |  | 94 |
Rest of world |  |  | 21,340 |  |  |  | 23,344 |
Total |  | $ | 61,479 |  |  | $ | 45,075 |

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph a -SubTopic 10 -Topic 280 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRevenueByMajorCustomersByReportingSegmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration