v3.26.1
Note 6 - Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents
 9 Months Ended
Apr. 30, 2026
Notes to Financial Statements  
Cash and Cash Equivalents Disclosure [Text Block]

Note  6—Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents

 

The following table provides a reconciliation of cash, cash equivalents, and restricted cash and cash equivalents reported in the condensed consolidated balance sheets that equal the total of the same amounts reported in the condensed consolidated statements of cash flows:

 

(in thousands)

 

April 30, 2026

 

 

July 31, 2025

 

Cash and cash equivalents

 

$

214,957

 

 

$

226,505

 

 

 

 

 

 

 

 

 

 

Restricted cash and cash equivalents:

 

 

 

 

 

 

 

 

IDT Financial Services (Gibraltar)

 

 

105,665

 

 

 

104,161

 

Disbursement Payments VIE

 

 

21,878

 

 

 

11,000

 

Other

 

 

843

 

 

 

166

 

Total restricted cash and cash equivalents

 

$

128,385

 

 

$

115,327

 

 

 

 

 

 

 

 

 

 

Total cash, cash equivalents, and restricted cash and cash equivalents

 

$

343,342

 

 

$

341,832

 

 

Certain of the electronic money financial services regulations in Gibraltar require IDT Financial Services to safeguard cash held for customer deposits, segregate cash held for customer deposits from any other cash that IDT Financial Services holds and utilize the cash only for the intended payment transaction. In addition, the Disbursement Payments VIE is contractually required to use customer funds only for the customers’ pending money disbursements. IDTS is subject to similar regulatory obligations under the Maltese financial services regulations, which also mandate the safeguard of electronic money, the segregation of the cash held for customer deposits from any other cash that IDTS holds and utilize the cash only for the intended payment transaction.