XML 447 R29.htm IDEA: XBRL DOCUMENT v3.23.1
Reportable Segments (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Reconciliation of Operations of Segments
The following tables are a reconciliation of the operations of our segments to (loss) income from operations (in thousands):

Years Ended December 31,
20222021
Net revenue$391,148 $427,935 
Brand Direct204,240 253,787 
Marketplace216,385 224,158 
Technology Solutions9,807 9,640 
Intercompany eliminations(39,284)(59,650)
Cost of revenue (exclusive of depreciation and amortization)287,820 303,025 
Brand Direct161,445 195,488 
Marketplace164,226 163,637 
Technology Solutions1,433 3,550 
Intercompany eliminations(39,284)(59,650)
Gross profit (exclusive of depreciation and amortization)103,328 124,910 
Brand Direct42,795 58,299 
Marketplace52,159 60,521 
Technology Solutions8,374 6,090 
Salaries and related costs49,872 48,014 
General and administrative expenses41,878 40,040 
Depreciation and amortization28,242 25,401 
Impairment of intangible assets21,570 — 
Acquisition costs1,650 1,967 
Change in fair value of contingent consideration liabilities2,583 1,106 
(Loss) income from operations$(42,467)$8,382