TRAVELZOO
For the period ended Mar 31, 2024. Filed May 15, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 15, 2024
TZOO$5.33+6.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except par value)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $16,190 | $15,713 |
| Accounts receivable, less allowance for doubtful accounts of $1,490 and $1,484 as of March 31, 2024 and December 31, 2023, respectively | 13,151 | 12,965 |
| Prepaid income taxes | 566 | 629 |
| Prepaid expenses and other | 1,681 | 1,460 |
| Assets from discontinued operations | — | 1 |
| Total current assets | 31,588 | 30,768 |
| Deposits and other | 225 | 1,115 |
| Deferred tax assets | 3,107 | 3,196 |
| Restricted cash | 675 | 675 |
| Operating lease right-of-use assets | 5,892 | 6,015 |
| Property and equipment, net | 532 | 578 |
| Intangible assets, net | 1,773 | 2,091 |
| Goodwill | 10,944 | 10,944 |
| Total assets | $54,736 | $55,382 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $5,514 | $4,546 |
| Merchant payables | 17,827 | 20,622 |
| Accrued expenses and other | 3,634 | 3,658 |
| Deferred revenue | 3,247 | 2,044 |
| Income tax payable | 805 | 766 |
| Operating lease liabilities | 2,463 | 2,530 |
| Liabilities from discontinued operations | 24 | 24 |
| Total current liabilities | 33,514 | 34,190 |
| Long-term tax liabilities | 5,596 | 4,681 |
| Long-term operating lease liabilities | 6,458 | 6,717 |
| Other long-term liabilities | 376 | 911 |
| Total liabilities | 45,944 | 46,499 |
| Commitments and contingencies | — | — |
| Stockholders’ equity: | ||
| Common stock, $0.01 par value (20,000 shares authorized; 13,202 shares issued and outstanding as of March 31, 2024, 13,575 shares issued and outstanding as of December 31, 2023) | 132 | 136 |
| Additional paid in capital | — | 439 |
| Tax indemnification | (9,537) | (9,537) |
| Note receivable from shareholder | (1,753) | (1,753) |
| Retained earnings | 20,125 | 19,508 |
| Accumulated other comprehensive loss | (4,861) | (4,607) |
| Total Travelzoo stockholders’ equity | 4,106 | 4,186 |
| Non-controlling interest | 4,686 | 4,697 |
| Total stockholders’ equity | 8,792 | 8,883 |
| Total liabilities and stockholders’ equity | $54,736 | $55,382 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.