XML 28 R19.htm IDEA: XBRL DOCUMENT
v3.23.3

Note 11 - Segment Information | 9 Months Ended
--- | ---
Sep. 30, 2023
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | 11. SEGMENT INFORMATION The Company sells products to a member network that operates in a seamless manner from market to market, except for the China market where it sells to some consumers through an e-commerce platform, and the Russia and Kazakhstan market where the Company’s engagement of a third-party service provider results in a different economic structure than its other markets. Otherwise, the Company believes that all of its other operating segments have similar economic characteristics and are similar in the nature of the products sold, the product acquisition process, the types of customers products are sold to, the methods used to distribute the products, and the nature of the regulatory environment. Therefore, the Company aggregates its other operating segments (including its Hong Kong operating segment) into a single reporting segment (the “Primary Reporting Segment”). The Company reviews its net sales and operating income (loss) by operating segment, and reviews its assets and capital expenditures on a consolidated basis and not by operating segment. As such, net sales and operating income (loss) are presented by reportable segment and assets and capital expenditures by operating segment are not presented. Segment operating income is adjusted for certain direct costs and commission allocation. The Company’s operating information by geographic area are as follows (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary Reporting Segment |  | $ | 10,249 |  |  | $ | 11,241 |  |  | $ | 31,719 |  |  | $ | 34,888 |
China |  |  | 254 |  |  |  | 346 |  |  |  | 917 |  |  |  | 1,313 |
Russia and Kazakhstan |  |  | 112 |  |  |  | 129 |  |  |  | 351 |  |  |  | 421 |
Total net sales |  | $ | 10,615 |  |  | $ | 11,716 |  |  | $ | 32,987 |  |  | $ | 36,622 |
Income (loss) from operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary Reporting Segment |  | $ | 1,880 |  |  | $ | 1,967 |  |  | $ | 5,208 |  |  | $ | 6,124 |
China |  |  | (160 | ) |  |  | (71 | ) |  |  | (423 | ) |  |  | (86 | )
Russia and Kazakhstan |  |  | (47 | ) |  |  | (36 | ) |  |  | (131 | ) |  |  | (132 | )
Income from operations for reportable segments, net |  |  | 1,673 |  |  |  | 1,860 |  |  |  | 4,654 |  |  |  | 5,906 |
Unallocated corporate expenses |  |  | (1,965 | ) |  |  | (2,005 | ) |  |  | (6,083 | ) |  |  | (6,219 | )
Other income, net |  |  | 585 |  |  |  | 187 |  |  |  | 1,708 |  |  |  | 472 |
Income before income taxes |  | $ | 293 |  |  | $ | 42 |  |  | $ | 279 |  |  | $ | 159 |
The Company’s net sales by geographic area are as follows (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Net sales from external customers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 276 |  |  | $ | 332 |  |  | $ | 827 |  |  | $ | 860 |
Canada |  |  | 180 |  |  |  | 149 |  |  |  | 507 |  |  |  | 450 |
Peru |  |  | 365 |  |  |  | 290 |  |  |  | 1,175 |  |  |  | 1,099 |
Hong Kong1 |  |  | 8,412 |  |  |  | 9,424 |  |  |  | 26,391 |  |  |  | 28,916 |
China |  |  | 254 |  |  |  | 346 |  |  |  | 917 |  |  |  | 1,313 |
Taiwan |  |  | 552 |  |  |  | 482 |  |  |  | 1,460 |  |  |  | 1,675 |
Japan |  |  | 152 |  |  |  | 157 |  |  |  | 341 |  |  |  | 528 |
Malaysia and Singapore |  |  | 54 |  |  |  | 96 |  |  |  | 207 |  |  |  | 316 |
Russia and Kazakhstan |  |  | 112 |  |  |  | 129 |  |  |  | 351 |  |  |  | 421 |
Europe |  |  | 182 |  |  |  | 188 |  |  |  | 567 |  |  |  | 693 |
Other foreign countries |  |  | 76 |  |  |  | 123 |  |  |  | 244 |  |  |  | 351 |
Total net sales |  | $ | 10,615 |  |  | $ | 11,716 |  |  | $ | 32,987 |  |  | $ | 36,622 |
1 Substantially all of our Hong Kong revenues are derived from the sale of products that are delivered to members in China. See “Item 1A. Risk Factors” in our most recent Annual Report on Form 10-K.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration