| Schedule of Operating Segment Revenue and Income (Loss) from Operations |
The following table provides information about
the Company’s two reportable segments (in thousands):
| | |
Three Months Ended
April 30, | | |
Nine Months Ended
April 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
| | |
| | |
| | |
| |
| Zedge Marketplace: | |
| | | |
| | | |
| | | |
| | |
| Revenues | |
$ | 7,283 | | |
$ | 6,788 | | |
$ | 20,196 | | |
$ | 19,777 | |
| Less: | |
| | | |
| | | |
| | | |
| | |
| Personnel related expenses | |
| 1,909 | | |
| 2,303 | | |
| 6,375 | | |
| 6,613 | |
| Users acquisition costs | |
| 1,927 | | |
| 1,772 | | |
| 5,010 | | |
| 3,689 | |
| Data center and SaaS costs | |
| 488 | | |
| 434 | | |
| 1,428 | | |
| 1,200 | |
| Restructuring charges | |
| 270 | | |
| - | | |
| 695 | | |
| - | |
| Other
expenses 1 | |
| 1,425 | | |
| 1,082 | | |
| 4,448 | | |
| 3,743 | |
| Zedge Marketplace segment income from operations | |
| 1,264 | | |
| 1,197 | | |
| 2,240 | | |
| 4,532 | |
| GuruShots: | |
| | | |
| | | |
| | | |
| | |
| Revenues | |
$ | 475 | | |
$ | 869 | | |
$ | 1,735 | | |
$ | 2,732 | |
| Less: | |
| | | |
| | | |
| | | |
| | |
| Personnel related expenses | |
| 592 | | |
| 978 | | |
| 2,665 | | |
| 2,550 | |
| Users acquisition costs | |
| 115 | | |
| 252 | | |
| 807 | | |
| 1,154 | |
| Platform fees | |
| 85 | | |
| 160 | | |
| 293 | | |
| 510 | |
| Data center and SaaS costs | |
| 223 | | |
| 247 | | |
| 707 | | |
| 788 | |
| Acquisition and restructuring related charges | |
| 307 | | |
| - | | |
| 1,190 | | |
| 11,959 | |
| Other
expenses 2 | |
| 257 | | |
| 561 | | |
| 830 | | |
| 2,043 | |
| GuruShots segment loss from operations | |
| (1,104 | ) | |
| (1,329 | ) | |
| (4,757 | ) | |
| (16,272 | ) |
| Total segment income (loss) from operations | |
$ | 160 | | |
$ | (132 | ) | |
$ | (2,517 | ) | |
$ | (11,740 | ) |
| 1. | Other segment items for the Zedge Marketplace reportable segment include professional services costs, platform fee, depreciation and
amortization, facilities costs, public company related expenses and other individually insignificant costs. |
| 2. | Other segment items for the GuruShots reportable segment include professional services costs, depreciation and amortization, facilities
costs, and other individually insignificant costs. |
|
| Schedule of Net Long-Lived Assets and Total Assets |
Net long-lived assets and total assets held outside
of the United States, which are located primarily in Israel, Lithuania and Norway, were as follows (in thousands):
| | |
United States | | |
Foreign | | |
Total | |
| Long-lived assets, net: | |
| | | |
| | | |
| | |
| April 30, 2025 | |
$ | 6,193 | | |
$ | 496 | | |
$ | 6,689 | |
| July 31, 2024 | |
$ | 6,570 | | |
$ | 1,460 | | |
$ | 8,030 | |
| | |
| | | |
| | | |
| | |
| Total assets: | |
| | | |
| | | |
| | |
| April 30, 2025 | |
$ | 32,230 | | |
$ | 5,601 | | |
$ | 37,831 | |
| July 31, 2024 | |
$ | 32,412 | | |
$ | 5,783 | | |
$ | 38,195 | |
|