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Segment Reporting and Significant Customer Information
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segments Reporting and Significant Customer Information Segment Reporting and Significant Customer Information
The Company determines its reportable segments based upon the chief operating decision maker’s management of the business. The Company currently has four reportable operating segments: Travelzoo North America, Travelzoo Europe, Jack’s Flight Club and New Initiatives. Travelzoo North America consists of the Company’s operations in the U.S. and Canada. Travelzoo Europe consists of the Company’s operations in France, Germany, Spain and the U.K. Jack’s Flight Club consists of subscription revenues from premium members to access and receive flight deals from Jack’s Flight Club via email or mobile applications. New Initiatives consists of Travelzoo’s licensing activities in certain Asia Pacific territories, the Travelzoo META subscription service and MTE.
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 for evaluating the operational performance of the Company’s segments.
The following is a summary of operating results by business segment (in thousands):
Three Months Ended September 30, 2024Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$12,846 $6,021 $1,198 $33 $20,098 
Intersegment revenues(24)(3)27 — — 
Total net revenues12,822 6,018 1,225 33 20,098 
Operating profit (loss)$3,150 $1,028 $27 $(160)$4,045 
Three Months Ended September 30, 2023Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$13,094 $6,397 $1,080 $28 $20,599 
Intersegment revenues 314 (414)100 — — 
Total net revenues13,408 5,983 1,180 28 20,599 
Operating profit (loss)$3,015 $267 $144 $(317)$3,109 
Nine Months Ended September 30, 2024Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$41,134 $18,605 $3,397 $88 $63,224 
Intersegment revenues50 26 (76)— — 
Total net revenues41,184 18,631 3,321 88 63,224 
Operating profit (loss)$11,305 $2,922 $(106)$(474)$13,647 
Nine Months Ended September 30, 2023Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$41,303 $18,937 $3,039 $49 $63,328 
Intersegment revenues 996 (1,180)184 — — 
Total net revenues42,299 17,757 3,223 49 63,328 
Operating profit (loss)$11,284 $485 $196 $(872)$11,093 

Property and equipment are attributed to the geographic region in which the assets are located. Revenues from unaffiliated customers excludes intersegment revenues and represents revenue with parties unaffiliated with the Company and its wholly owned subsidiaries.
The following is a summary of assets by business segment (in thousands):
As of September 30, 2024Travelzoo North
America		Travelzoo EuropeJack’s Flight ClubNew InitiativesEliminationConsolidated
Long-lived assets$90 $151 $— $229 $— $470 
Total assets excluding discontinued operations$98,754 $24,052 $20,303 $3,405 $(95,986)$50,528 
As of December 31, 2023Travelzoo North
America		Travelzoo EuropeJack’s Flight ClubNew InitiativesEliminationConsolidated
Long-lived assets$152 $106 $— $320 $— $578 
Total assets excluding discontinued operations$96,865 $22,655 $19,472 $3,570 $(87,181)$55,381 
For the three and nine months ended September 30, 2024 and 2023, the Company did not have any customers that accounted for 10% or more of revenue. As of September 30, 2024 and December 31, 2023, 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: Advertising, Membership Fees, and Other. Advertising includes travel publications (Top 20, Travelzoo website, Standalone email newsletters, Travelzoo Network), Getaways vouchers, hotel platform, vacation packages, Local Deals vouchers and entertainment offers (vouchers and direct bookings). Membership Fees includes subscription fees paid by Travelzoo, Jack's Flight Club and Travelzoo META members. Travelzoo and Jack's Flight Club members. Other includes licensing fees from license agreements and the existing retail business acquired by the Company in the MTE transaction.
Three Months EndedNine Months Ended
 September 30,September 30,
 2024202320242023
Advertising$18,619 $19,391 $59,426 $60,056 
Membership Fees1,446 1,190 3,711 3,233 
Other33 18 87 39 
Total revenues$20,098 $20,599 $63,224 $63,328 
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 EndedNine Months Ended
September 30,September 30,
 2024202320242023
Revenue
United States $11,666 $12,225 $37,242 $38,447 
United Kingdom5,199 4,915 15,569 14,735 
Germany1,744 1,992 5,411 5,225 
Rest of the world1,489 1,467 5,002 4,921 
Total revenues$20,098 $20,599 $63,224 $63,328 

The following table sets forth property and equipment by geographic area (in thousands):  
 September 30,December 31,
 20242023
United States $78 $115 
China (Hong Kong)221 308 
Rest of the world 171 155 
Total long-lived assets$470 $578