v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 8,090 $ 10,007
Accounts receivable, less allowance for doubtful accounts of $780 and $1,222 as of September 30, 2026 and December 31, 2025, respectively 11,198 10,723
Prepaid income taxes 2,093 1,364
Prepaid expenses and other 1,958 1,302
Total current assets 23,339 23,396
Deposits and other 397 166
Deferred tax assets 4,964 4,202
Restricted cash 754 756
Operating lease right-of-use assets 4,737 4,047
Property and equipment, net 117 231
Intangible assets, net 1,450 1,450
Goodwill 10,944 10,944
Total assets 46,702 45,192
Current liabilities:    
Accounts payable 10,468 7,761
Merchant payables 10,419 11,665
Accrued expenses and other 5,003 3,926
Deferred revenue 13,523 8,728
Income tax payable 27 279
Operating lease liabilities 2,197 1,811
Total current liabilities 41,637 34,170
Long-term tax liabilities 10,675 9,260
Long-term operating lease liabilities 4,151 4,184
Total liabilities 56,463 47,614
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; 9,975 shares issued and outstanding as of September 30, 2026, 10,932 shares issued and outstanding as of December 31, 2025) 100 109
Additional paid-in capital 0 0
Tax indemnification (9,537) (9,537)
Retained earnings (losses) (151) 7,243
Accumulated other comprehensive loss (5,368) (5,331)
Total Travelzoo stockholders’ equity (deficit) (14,956) (7,516)
Non-controlling interest 5,195 5,094
Total stockholders’ equity (deficit) (9,761) (2,422)
Total liabilities and stockholders’ equity $ 46,702 $ 45,192