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Segment Reporting and Significant Customer Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Operating Results from Continuing Operations and Assets by Business Segment

The following is a summary of operating results by business segment (in thousands):

Three Months Ended September 30, 2023			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Consolidated
Revenues from unaffiliated customers			$	13,094					$	6,397					$	1,080					$	28					$	20,599
Intersegment revenues (expenses)			314						(414)						100						—						—
Total net revenues			13,408						5,983						1,180						28						20,599
Operating profit (loss)			$	3,015					$	267					$	144					$	(317)					$	3,109

Three Months Ended September 30, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Consolidated
Revenues from unaffiliated customers			$	10,273					$	4,721					$	847					$	8					$	15,849
Intersegment revenues (expenses)			217						(217)						—						—						—
Total net revenues			10,490						4,504						847						8						15,849
Operating profit (loss)			$	1,021					$	(551)					$	12					$	(209)					$	273

Nine Months Ended September 30, 2023			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Consolidated
Revenues from unaffiliated customers			$	41,303					$	18,937					$	3,039					$	49					$	63,328
Intersegment revenues (expenses)			996						(1,180)						184						—						—
Total net revenues			42,299						17,757						3,223						49						63,328
Operating profit (loss)			$	11,284					$	485					$	196					$	(872)					$	11,093

Nine Months Ended September 30, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Consolidated
Revenues from unaffiliated customers			$	34,108					$	15,243					$	2,622					$	18					$	51,991
Intersegment revenues (expenses)			451						(451)						—						—						—
Total net revenues			34,559						14,792						2,622						18						51,991
Operating profit (loss)			$	6,113					$	(1,845)					$	196					$	(491)					$	3,973

Schedule of Revenue and Long Lived Assets by Geographical Location

The following is a summary of assets by business segment (in thousands):

As of September 30, 2023			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Elimination						Consolidated
Long-lived assets			$	183					$	102					$	—					$	336					$	—					$	621
Total assets excluding discontinued operations			$	95,181					$	19,563					$	19,744					$	467					$	(79,154)					$	55,801

As of December 31, 2022			Travelzoo North America						Travelzoo Europe						Jack’s Flight Club						New Initiatives						Elimination						Consolidated
Long-lived assets			$	375					$	86					$	—					$	196					$	—					$	657
Total assets excluding discontinued operations			$	97,693					$	19,253					$	18,737					$	267					$	(68,687)					$	67,263

The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications (Top 20, Travelzoo website, Standalone email newsletters, Travelzoo Network), Getaways vouchers, hotel platform and vacation packages. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings). 

			Three Months Ended												Nine Months Ended
			September 30,												September 30,
			2023						2022						2023						2022
Travelzoo North America
Travel			$	12,751					$	9,660					$	40,349					$	32,149
Local			657						830						1,950						2,410
Total Travelzoo North America revenues			13,408						10,490						42,299						34,559
Travelzoo Europe
Travel			5,650						4,230						16,746						13,926
Local			333						274						1,011						866
Total Travelzoo Europe revenues			5,983						4,504						17,757						14,792
Jack’s Flight Club			1,180						847						3,223						2,622
New Initiatives			28						8						49						18
Consolidated
Travelzoo Travel			18,401						13,890						57,095						46,075
Travelzoo Local			990						1,104						2,961						3,276
Jack’s Flight Club			1,180						847						3,223						2,622
New Initiatives			28						8						49						18
Total revenues			$	20,599					$	15,849					$	63,328					$	51,991

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 countries that exceed 10% of total revenue (in thousands):

			Three Months Ended												Nine Months Ended
			September 30,												September 30,
			2023						2022						2023						2022
Revenue
United States			$	12,225					$	9,599					$	38,447					$	31,464
United Kingdom			4,915						3,883						14,735						11,919
Germany			1,992						1,276						5,225						4,485
Rest of the world			1,467						1,091						4,921						4,123
Total revenues			$	20,599					$	15,849					$	63,328					$	51,991

The following table sets forth property and equipment by geographic area (in thousands):  

			September 30,						December 31,
			2023						2022
United States			$	122					$	274
China (Hong Kong)			336						196
Rest of the world			163						187
Total long-lived assets			$	621					$	657

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

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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