2021 Q4 Form 10-K Financial Statement

#000113331122000012 Filed on March 31, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $13.66M $62.71M $12.48M
YoY Change 9.44% 17.0% -50.71%
Cost Of Revenue $2.856M $11.39M $2.795M
YoY Change 2.18% 7.81% -8.24%
Gross Profit $10.81M $51.32M $9.688M
YoY Change 11.53% 19.25% -56.52%
Gross Profit Margin 79.09% 81.84% 77.61%
Selling, General & Admin $14.03M $50.05M $10.09M
YoY Change 39.03% -2.08% -42.35%
% of Gross Profit 129.83% 97.51% 104.15%
Research & Development $538.0K $2.590M $495.0K
YoY Change 8.69% -15.94% -73.29%
% of Gross Profit 4.98% 5.05% 5.11%
Depreciation & Amortization $412.0K $710.0K $500.0K
YoY Change -17.6% -19.68% 56.25%
% of Gross Profit 3.81% 1.38% 5.16%
Operating Expenses $14.57M $52.64M $10.59M
YoY Change 37.61% -7.83% -45.31%
Operating Profit -$3.761M -$1.313M -$897.0K
YoY Change 319.29% -90.67% -130.66%
Interest Expense $0.00 -$80.00K $25.00K
YoY Change -100.0% -420.0%
% of Operating Profit
Other Income/Expense, Net $73.00K $4.006M $677.0K
YoY Change -89.22% 780.44% -852.22%
Pretax Income -$3.617M $2.693M -$220.0K
YoY Change 1544.09% -119.78% -107.76%
Income Tax -$333.0K $1.778M -$368.0K
% Of Pretax Income 66.02%
Net Earnings -$3.284M $911.0K $727.0K
YoY Change -551.72% -106.79% -221.37%
Net Earnings / Revenue -24.04% 1.45% 5.82%
Basic Earnings Per Share $0.08 $0.06
Diluted Earnings Per Share -$272.4K $0.07 $0.06
COMMON SHARES
Basic Shares Outstanding 12.26M shares 11.65M shares 11.31M shares
Diluted Shares Outstanding 12.99M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $43.82M $43.82M $63.10M
YoY Change -30.56% -30.56% 237.43%
Cash & Equivalents $43.82M $43.82M $63.06M
Short-Term Investments
Other Short-Term Assets $81.00K $3.112M $93.00K
YoY Change -12.9% 94.5% 38.81%
Inventory
Prepaid Expenses $1.620M $1.073M
Receivables $14.87M $14.87M $4.519M
Other Receivables $3.325M $3.325M $1.000M
Total Short-Term Assets $65.12M $65.12M $70.04M
YoY Change -7.03% -6.97% 93.97%
LONG-TERM ASSETS
Property, Plant & Equipment $659.0K $8.359M $1.347M
YoY Change -51.08% -15.57% -52.92%
Goodwill $10.94M $10.94M
YoY Change 0.0%
Intangibles $3.426M $4.534M
YoY Change -24.44%
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $11.88M $11.88M $7.000M
YoY Change 69.64% 69.64% 42.86%
Total Long-Term Assets $34.60M $34.60M $32.36M
YoY Change 6.95% 6.8% 75.58%
TOTAL ASSETS
Total Short-Term Assets $65.12M $65.12M $70.04M
Total Long-Term Assets $34.60M $34.60M $32.36M
Total Assets $99.73M $99.73M $102.4M
YoY Change -2.61% -2.61% 87.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.411M $72.09M $6.996M
YoY Change -51.24% 12.46% 9.62%
Accrued Expenses $10.21M $13.39M $8.649M
YoY Change 18.07% 9.77% 37.7%
Deferred Revenue $1.733M $2.688M
YoY Change -35.53% 241.98%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $2.800M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $87.88M $87.88M $82.87M
YoY Change 6.05% 6.01% 136.81%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $800.0K
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $2.364M $11.48M $1.085M
YoY Change 117.88% -3.57% 144.92%
Total Long-Term Liabilities $2.364M $11.48M $1.085M
YoY Change 117.88% -9.65% 144.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $87.88M $87.88M $82.87M
Total Long-Term Liabilities $2.364M $11.48M $1.085M
Total Liabilities $99.36M $104.0M $95.90M
YoY Change 3.61% 3.44% 119.58%
SHAREHOLDERS EQUITY
Retained Earnings $508.0K -$403.0K
YoY Change -226.05% -102.84%
Common Stock $4.541M $6.353M
YoY Change -28.52% 5424.35%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.488M $0.00
YoY Change
Treasury Stock Shares 495.0K shares 0.000 shares
Shareholders Equity -$4.232M -$4.232M $1.891M
YoY Change
Total Liabilities & Shareholders Equity $99.73M $99.73M $102.4M
YoY Change -2.61% -2.61% 87.76%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$3.284M $911.0K $727.0K
YoY Change -551.72% -106.79% -221.37%
Depreciation, Depletion And Amortization $412.0K $710.0K $500.0K
YoY Change -17.6% -19.68% 56.25%
Cash From Operating Activities -$17.37M -$8.100M $9.440M
YoY Change -283.96% -117.23% 1.4%
INVESTING ACTIVITIES
Capital Expenditures -$5.000K $29.00K $0.00
YoY Change -88.54% -100.0%
Acquisitions
YoY Change
Other Investing Activities $133.0K $133.0K $3.430M
YoY Change -96.12% -94.27%
Cash From Investing Activities $128.0K $104.0K $3.430M
YoY Change -96.27% -94.97% -2738.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.488M
YoY Change 355.44%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.041M -$11.16M -1.640M
YoY Change 146.4% 59.81% -20.0%
NET CHANGE
Cash From Operating Activities -17.37M -$8.100M 9.440M
Cash From Investing Activities 128.0K $104.0K 3.430M
Cash From Financing Activities -4.041M -$11.16M -1.640M
Net Change In Cash -21.28M -$19.40M 11.23M
YoY Change -289.48% -144.41% 57.5%
FREE CASH FLOW
Cash From Operating Activities -$17.37M -$8.100M $9.440M
Capital Expenditures -$5.000K $29.00K $0.00
Free Cash Flow -$17.36M -$8.129M $9.440M
YoY Change -283.91% -117.38% 0.11%

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CY2020 us-gaap Notes Issued1
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17200000 USD
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68700000 USD
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810000 USD
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2100000 USD
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Certain Risks and Uncertainties<div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s business is subject to risks associated with its ability to attract and retain advertisers and offer products or services on compelling terms to our members. The global pandemic is having an unprecedented impact on the global travel and hospitality industries. Governmental authorities have implemented numerous measures to try to contain the virus, including restrictions on travel, quarantines, shelter-in-place orders, business restrictions and complete shut-downs. The measures implemented to contain the global pandemic have had, and are expected to continue to have, a significant negative effect on our business, financial condition, results of operations and cash flows. </span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">cash, cash equivalents and a</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ccounts receivable are potentially subject to concentration of credit risk. Cash and cash equivalents are placed with financial institutions that the management believes are of high credit quality. The accounts receivables are derived from revenue earned from customers located in the U.S. and internationally. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2021 and 2020</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the Company did not have any customers that accounted for 10% or more of accounts receivable.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Many of the Company’s advertisers and partners are part of the global travel and hospitality industry. The measures implemented to contain COVID-19 have had, and are expected to continue to have, a significant negative effect on the Company’s business, financial condition, results of operations, and cash flows. The measures implemented led to many of the Company’s advertisers pausing, canceling, or stopping advertising with us, as well as a high level of cancellations for our hotel partners and travel package partners, and refund requests for vouchers sold by Travelzoo for restaurant and spa partners. It is difficult to estimate the impact of the global pandemic on the Company’s future revenues, results of operations, cash flows, liquidity, or financial condition.</span></div>
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11344000 shares
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CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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17828000 USD
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18027000 USD
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659000 USD
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5166000 USD
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4085000 USD
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021 us-gaap Current Federal Tax Expense Benefit
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219000 USD
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
416000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
183000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
93000 USD
CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
276000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
973000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
805000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1778000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2006000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-3775000 USD
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-1769000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
360000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-646000 USD
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-286000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-32000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-351000 USD
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-383000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2334000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4772000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2438000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
566000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2860000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
297000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-248000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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7000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
349000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
458000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
624000 USD
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
66000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-770000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
270000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
595000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2438000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
12000 USD
CY2021 tzoo Income Tax Reconciliation Ppp Loan Forgiveness
IncomeTaxReconciliationPPPLoanForgiveness
768000 USD
CY2020 tzoo Income Tax Reconciliation Ppp Loan Forgiveness
IncomeTaxReconciliationPPPLoanForgiveness
0 USD
CY2021 tzoo Income Tax Reconciliation Nondeductible Expense And Other Reconciling Items
IncomeTaxReconciliationNondeductibleExpenseAndOtherReconcilingItems
1422000 USD
CY2020 tzoo Income Tax Reconciliation Nondeductible Expense And Other Reconciling Items
IncomeTaxReconciliationNondeductibleExpenseAndOtherReconcilingItems
1050000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1778000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
9175000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
10506000 USD
CY2021Q4 tzoo Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
2797000 USD
CY2020Q4 tzoo Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
3337000 USD
CY2021Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
0 USD
CY2020Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
70000 USD
CY2021Q4 tzoo Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowances And Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowancesAndAccruedLiabilities
1461000 USD
CY2020Q4 tzoo Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowances And Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowancesAndAccruedLiabilities
1374000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
465000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
545000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1651000 USD
CY2021Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
273000 USD
CY2020Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
176000 USD
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
70000 USD
CY2020Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
87000 USD
CY2021Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
410000 USD
CY2020Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
410000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
14731000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17611000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8717000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10145000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
6014000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
7466000 USD
CY2021Q4 tzoo Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
1600000 USD
CY2020Q4 tzoo Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
1908000 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
3949000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
4710000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
848000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2065000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2756000 USD
CY2021Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
651000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
178000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
596000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1044000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
774000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
270000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
424000 USD
CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
CY2020 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-599000 USD
CY2021 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
0 USD
CY2020 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
599000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.86
CY2021 tzoo Defined Contribution Plan Maximum Annual Contribution By Employee Percent Of Eligible Earnings
DefinedContributionPlanMaximumAnnualContributionByEmployeePercentOfEligibleEarnings
0.80
CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
1500 USD
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
766000 USD
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
986000 USD
CY2021Q2 tzoo Share Based Compensation Arrangement By Share Based Payment Award Options Number Of Key Employees
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNumberOfKeyEmployees
1 employee
CY2021Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
9.44
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
431000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.47
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.78
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
3.49
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.78
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0025
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0019
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y9M18D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y10M24D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
750000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.35
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y3D
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2850000 shares
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
75000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.49
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
200000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
17.48
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3325000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.49
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y4M20D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
50000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
9.44
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2160000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.49
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
125000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
3.49
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1090000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.76
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y11M1D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
6167000 USD
CY2021Q4 tzoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable And Fully Vested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableAndFullyVestedNumber
640000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.49
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
4.15
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
-14073000 USD
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y9M7D
CY2021Q4 tzoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExercisableAggregateIntrinsicValue
3795000 USD
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
450000 shares
CY2021 tzoo Sharebased Compensation Arrangementby Sharebased Payment Award Options Nonvested Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsNonvestedWeightedAverageRemainingContractualTerm
P3Y1M20D
CY2021Q4 tzoo Sharebased Compensation Arrangementby Sharebased Payment Award Options Nonvested Intrinsic Value
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsNonvestedIntrinsicValue
2372000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
62712000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
62712000 USD
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-1313000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
53601000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
53601000 USD
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
659000 USD
CY2021Q4 tzoo Long Lived Assets Excluding Discontinued Operations
LongLivedAssetsExcludingDiscontinuedOperations
99656000 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
1347000 USD
CY2020Q4 tzoo Long Lived Assets Excluding Discontinued Operations
LongLivedAssetsExcludingDiscontinuedOperations
102170000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
62712000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
53601000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
62712000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
53601000 USD
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
659000 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
1347000 USD
CY2021Q4 tzoo Prepaid Expense Related Party Current
PrepaidExpenseRelatedPartyCurrent
1150000 USD
CY2020Q4 us-gaap Share Price
SharePrice
7.80
CY2021Q4 tzoo Lessee Operating Lease Renewal Option
LesseeOperatingLeaseRenewalOption
1 option
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
3270000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
4435000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
12000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
26000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
992000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
1060000 USD
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
359000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
336000 USD
CY2021 us-gaap Lease Cost
LeaseCost
3915000 USD
CY2020 us-gaap Lease Cost
LeaseCost
5185000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
4300000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
4700000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1800000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3200000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7700000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8541000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3180000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3587000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9111000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10774000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
12291000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
14361000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y8M4D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M10D
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3196000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2125000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1426000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1350000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1350000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4275000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13722000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1431000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
12291000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
0 USD
CY2020 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
5756000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1147000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
4609000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-9000 USD
CY2021Q4 us-gaap Minority Interest
MinorityInterest
4600000 USD

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