TRAVELZOO
For the period ended Mar 31, 2025. Filed May 13, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed May 13, 2025
TZOO$5.33+6.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 2024
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except par value)
| March 31,2025 | December 31,2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $11,474 | $17,064 |
| Accounts receivable, less allowance for doubtful accounts of $1,754 and $1,612 as of March 31, 2025 and December 31, 2024, respectively | 12,387 | 12,825 |
| Prepaid income taxes | 799 | 736 |
| Prepaid expenses and other | 1,665 | 1,148 |
| Total current assets | 26,325 | 31,773 |
| Deposits and other | 279 | 374 |
| Deferred tax assets | 3,426 | 3,380 |
| Restricted cash | 753 | 675 |
| Operating lease right-of-use assets | 5,605 | 5,655 |
| Property and equipment, net | 399 | 423 |
| Intangible assets, net | 1,471 | 1,498 |
| Goodwill | 10,944 | 10,944 |
| Total assets | $49,202 | $54,722 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $6,054 | $6,162 |
| Merchant payables | 14,833 | 16,294 |
| Accrued expenses and other | 4,464 | 3,404 |
| Deferred revenue | 7,838 | 6,545 |
| Income tax payable | 709 | 1,619 |
| Operating lease liabilities | 2,690 | 2,472 |
| Total current liabilities | 36,588 | 36,496 |
| Long-term tax liabilities | 8,508 | 7,851 |
| Long-term operating lease liabilities | 5,251 | 5,646 |
| Other long-term liabilities | — | 376 |
| Total liabilities | 50,347 | 50,369 |
| Stockholders’ equity (deficit): | ||
| Preferred stock, $0.01 par value per share ( 5,000 shares authorized; none issued)Common stock, $0.01 par value (20,000 shares authorized; 11,245 shares issued and outstanding as of March 31, 2025, 11,836 shares issued and outstanding as of December 31, 2024) | 112 | 118 |
| Additional paid in capital | — | — |
| Tax indemnification | (9,537) | (9,537) |
| Retained earnings | 8,819 | 14,284 |
| Accumulated other comprehensive loss | (5,447) | (5,327) |
| Total Travelzoo stockholders’ equity (deficit) | (6,053) | (462) |
| Non-controlling interest | 4,908 | 4,815 |
| Total stockholders’ equity (deficit) | (1,145) | 4,353 |
| Total liabilities and stockholders’ equity (deficit) | $49,202 | $54,722 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.