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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 12,567 $ 15,713
Accounts receivable, less allowance for doubtful accounts of $1,554 and $1,484 as of June 30, 2024 and December 31, 2023, respectively 13,220 12,965
Prepaid income taxes 998 629
Prepaid expenses and other 1,726 1,461
Total current assets 28,511 30,768
Deposits and other 223 1,115
Deferred tax assets 3,102 3,196
Restricted cash 675 675
Operating lease right-of-use assets 5,873 6,015
Property and equipment, net 499 578
Intangible assets, net 1,686 2,091
Goodwill 10,944 10,944
Total assets 51,513 55,382
Current liabilities:    
Accounts payable 5,212 4,546
Merchant payables 16,708 20,622
Accrued expenses and other 4,217 3,658
Deferred revenue 3,207 2,044
Income tax payable 1,070 766
Operating lease liabilities 2,389 2,530
Liabilities from discontinued operations 24 24
Total current liabilities 32,827 34,190
Long-term tax liabilities 6,323 4,681
Long-term operating lease liabilities 6,342 6,717
Other long-term liabilities 376 911
Total liabilities 45,868 46,499
Commitments and contingencies 0 0
Stockholders’ equity:    
Common stock, $0.01 par value (20,000 shares authorized; 12,402 shares issued and outstanding as of June 30, 2024, 13,575 shares issued and outstanding as of December 31, 2023) 124 136
Additional paid in capital 0 439
Tax indemnification (9,537) (9,537)
Note receivable from shareholder (1,753) (1,753)
Retained earnings 17,083 19,508
Accumulated other comprehensive loss (4,951) (4,607)
Total Travelzoo stockholders’ equity 966 4,186
Non-controlling interest 4,679 4,697
Total stockholders’ equity 5,645 8,883
Total liabilities and stockholders’ equity $ 51,513 $ 55,382