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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Information [Abstract] |
Schedule of Net Sales by Product Category and Revenue Stream | The CODM does not use Balance Sheet information in connection with operating and investment decisions and as such that information is not presented.
|  | For the Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Direct sales revenues (1) |  | $ | 1,123,489 |  |  | $ | 1,396,624 |  |  | $ | 1,607,027 |
Marketplace revenues (2) |  |  | 25,205 |  |  |  | 32,330 |  |  |  | 47,005 |
Services revenues (3) |  |  | 86,882 |  |  |  | 68,009 |  |  |  | 66,241 |
Net sales |  |  | 1,235,576 |  |  |  | 1,496,963 |  |  |  | 1,720,273 |
Gross profit |  |  | 131,488 |  |  |  | 167,557 |  |  |  | 216,626 |
Salary and compensation |  |  | 62,064 |  |  |  | 88,108 |  |  |  | 100,615 |
Credit card fees |  |  | 28,045 |  |  |  | 35,324 |  |  |  | 42,737 |
Marketing expense |  |  | 13,950 |  |  |  | 12,674 |  |  |  | 14,701 |
Professional fees |  |  | 7,719 |  |  |  | 11,525 |  |  |  | 16,803 |
Other operating expenses (4) |  |  | 33,302 |  |  |  | 43,909 |  |  |  | 46,348 |
Total operating expenses |  |  | 145,080 |  |  |  | 191,540 |  |  |  | 221,204 |
Depreciation and amortization |  |  | 10,704 |  |  |  | 13,441 |  |  |  | 11,021 |
Stock based compensation |  |  | 27,255 |  |  |  | 33,660 |  |  |  | 33,939 |
Other expenses (income) (5) |  |  | (8,223 | ) |  |  | (12,094 | ) |  |  | 7,891 |
Net loss |  | $ | (43,328 | ) |  | $ | (58,990 | ) |  | $ | (57,429 | )
(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.
(4) | Consists primarily of warehouse rent, warehouse supplies, software support & subscription, small equipment expenses, and bad debt expenses.
(5) | Consists primarily of other non-operating related income, provision for income taxes, gain from sales of investment, interest income/expense, and impairment of equity method investment.
Schedule of Net Sales by Product Category | The following table summarizes net sales by product category (in thousands):
|  | Year Ended December 31, |
Net Sales by Product Category |  | 2024 |  |  | 2023 |  |  | 2022 |
Components & Storage |  | $ | 743,514 |  |  | $ | 910,772 |  |  | $ | 1,046,095 |
Computer System |  |  | 269,414 |  |  |  | 327,263 |  |  |  | 345,949 |
Office Solutions |  |  | 71,083 |  |  |  | 80,767 |  |  |  | 96,679 |
Software & Services |  |  | 59,097 |  |  |  | 55,091 |  |  |  | 58,424 |
Networking & Smart Home |  |  | 19,999 |  |  |  | 19,191 |  |  |  | 27,198 |
Others |  |  | 72,469 |  |  |  | 103,879 |  |  |  | 145,928 |
Total Net Sales |  | $ | 1,235,576 |  |  | $ | 1,496,963 |  |  | $ | 1,720,273 |
Schedule of Revenue and Long-Lived Assets, Net by Geographic Aera | The following tables set forth revenue and long-lived assets, net by geographic area (in thousands):
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
United States |  | $ | 1,131,697 |  |  | $ | 1,362,423 |  |  | $ | 1,553,389 |
Canada |  |  | 90,037 |  |  |  | 114,948 |  |  |  | 138,123 |
Rest of world |  |  | 13,842 |  |  |  | 19,592 |  |  |  | 28,761 |
Total |  | $ | 1,235,576 |  |  | $ | 1,496,963 |  |  | $ | 1,720,273 |
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
United States |  | $ | 33,391 |  |  | $ | 40,063 |
Canada |  |  | 51 |  |  |  | 76 |
Rest of world |  |  | 17,733 |  |  |  | 21,340 |
Total |  | $ | 51,175 |  |  | $ | 61,479 |

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