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v3.25.1

Segment Information - Schedule of Net Sales by Product Category and Revenue Stream (Details) - CODM [Member] - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Revenue, Major Customer [Line Items] |  |  |  |
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 | [1] | 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) | [2] | (8,223) | (12,094) | 7,891
Net loss |  | (43,328) | (58,990) | (57,429)
Direct sales revenues [Member] |  |  |  |
Revenue, Major Customer [Line Items] |  |  |  |
Net sales | [3] | 1,123,489 | 1,396,624 | 1,607,027
Marketplace revenues [Member] |  |  |  |
Revenue, Major Customer [Line Items] |  |  |  |
Net sales | [4] | 25,205 | 32,330 | 47,005
Services revenues [Member] |  |  |  |
Revenue, Major Customer [Line Items] |  |  |  |
Net sales | [5] | $ 86,882 | $ 68,009 | $ 66,241
[1] | Consists primarily of warehouse rent, warehouse supplies, software support & subscription, small equipment expenses, and bad debt expenses.
[2] | 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.
[3] | Includes all first-party product sales where Newegg owns and sells its own inventories within its websites and third-party marketplace platforms.
[4] | Includes all the commission revenues earned from sales made by sellers on its websites.
[5] | Includes all revenue recognized from providing services to customers, including third-party logistics services, advertising services, and all other third-party seller services.

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