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Segment Reporting and Significant Customer Information
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Reporting and Significant Customer Information Segment Reporting and Significant Customer Information
The Company determines its reportable segments based upon the Company's chief operating decision maker managing the performance of the business. Historically, the Company managed its business geographically and operated in three reportable segments including Asia Pacific, Europe and North America. During the year ended December 31, 2022, the Company classified the results of its Asia Pacific segment as discontinued operations in its consolidated financial statements for current and prior years presented. On January 13, 2020, Travelzoo agreed to the SPA with the Sellers of Jack’s Flight Club to purchase 60% of the Shares. Upon acquisition, the Company's chief operating decision maker reviewed and evaluated Jack's Flight Club as a separate segment. The Company currently has three reportable operating segments: Travelzoo North America, Travelzoo Europe and Jack’s Flight Club. Travelzoo North America consists of the Company’s operations in Canada and the U.S. Travelzoo Europe consists of the Company’s operations in France, Germany, Spain, and the U.K. Jack’s Flight Club consists of subscription revenue from premium members to access and receive newsletter with flight deals from Jack’s Flight Club via email or via Android or Apple mobile applications.
Management relies on an internal management reporting process that provides revenue and segment operating profit (loss) for making financial decisions and allocating resources. Management believes that segment revenues and operating profit (loss) are appropriate measures of evaluating the operational performance of the Company’s segments.
The following is a summary of operating results and assets by business segment (in thousands):
Year Ended December 31, 2022Travelzoo North AmericaTravelzoo EuropeJack's Flight ClubEliminationConsolidated
Revenues from unaffiliated customers$47,054 $20,068 $3,477 $— $70,599 
Intersegment revenues613 (613)— — — 
Total net revenues$47,667 $19,455 $3,477 $— $70,599 
Operating income (loss)$9,360 $(1,803)$— $— $7,557 
  
Year Ended December 31, 2021Travelzoo North AmericaTravelzoo EuropeJack's Flight ClubEliminationConsolidated
Revenues from unaffiliated customers$41,683 $17,683 $3,346 $— $62,712 
Intersegment revenues363 (363)— — — 
Total net revenues$42,046 $17,320 $3,346 $— $62,712 
Operating income (loss)$550 $(1,997)$134 $— $(1,313)
As of December 31, 2022Travelzoo North AmericaTravelzoo EuropeJack's Flight ClubEliminationConsolidated
Long-lived assets$571 $86 $— $— $657 
Total assets$97,960 $19,253 $18,737 $(68,687)$67,263 
 
As of December 31, 2021Travelzoo North AmericaTravelzoo EuropeJack's Flight ClubEliminationConsolidated
Long-lived assets$573 $86 $— $— $659 
Total assets$116,700 $28,167 $18,436 $(63,647)$99,656 

Revenue for each segment is recognized based on the customer location within a designated geographic region. Property and equipment are attributed to the geographic region in which the assets are located.
For the years ended December 31, 2022 and 2021, the Company did not have any customers that accounted for 10% or more of revenue. As of December 31, 2022 and 2021, the Company did not have any customers that accounted for 10% or more of accounts receivable.
The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications (such as Top 20, Travelzoo website, Travelzoo Network), Getaways vouchers, hotel platform and vacation packages. Local revenue includes Local Deals vouchers and entertainment offers.
Year Ended December 31,
 20222021
Travelzoo North America
Travel$44,471 $38,834 
Local3,196 3,212 
Total Travelzoo North America revenues47,667 42,046 
Travelzoo Europe
Travel18,053 15,178 
Local1,402 2,142 
Total Travelzoo Europe revenues19,455 17,320 
Jack's Flight Club3,477 3,346 
Travel62,524 54,012 
Local4,598 5,354 
Jack's Flight Club3,477 3,346 
Total revenues$70,599 $62,712 
Revenue by geography is based on the billing address of the advertiser. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned.
The following table sets forth revenue for individual countries that were 10% or more of total revenue (in thousands):
Year Ended December 31,
 20222021
Revenue
United States $43,151 $38,489 
United Kingdom15,795 13,473 
Rest of the world11,653 10,750 
Total revenues$70,599 $62,712 
The following table sets forth long lived assets by geographic area (in thousands):  
 December 31,
 20222021
United States $274 $409 
Rest of the world 383 250 
Total long lived assets$657 $659