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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Components of Revenue and Cost of Revenue

The following table presents the components of revenue and cost of revenue (in thousands):

															Three Months Ended March 31,
															2025						2024
Revenue:
Residence and hotel travel															$	38,281					$	44,190
Experiences and bespoke travel															3,442						5,484
Total Travel															41,723						49,674
Subscription															20,892						28,065
Rewards and other revenue															3,274						2,506
Total revenue															65,889						80,245
Cost of revenue:
Lease costs															17,190						20,029
Booking fees															13,940						20,015
Fixed operating costs															3,138						3,769
Variable operating costs															2,960						3,264
Depreciation expense															1,503						1,295
Other cost of revenue															1,613						153
Total cost of revenue															40,344						48,524
Gross margin															25,545						31,721
General and administrative															11,386						14,649
Sales and marketing															5,007						8,726
Operations															5,230						7,023
Technology and development															1,287						2,050
Depreciation and amortization															1,004						1,001
Interest expense, net															466						323
Gain on fair value instruments															(487)						(4,149)
Other income, net															(7)						(295)
Income and comprehensive income before income taxes															1,659						2,393
Income tax expense															37						144
Net income and comprehensive income															$	1,622					$	2,249

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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