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Segment Information
 12 Months Ended
Dec. 31, 2023
Segment Information [Abstract]  
Segment Information
19.Segment Information

 

The Company’s Chief Executive Officer, who is the chief operating decision maker (“CODM”), reviews financial information presented on a consolidated basis. There are no segment managers who are held accountable for operations, operating results and plans for levels or components below the consolidated unit level. The Company considers itself to be operating within one reportable segment.

 

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 

 

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.

 

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