v3.26.1
Restructuring, Impairments, and Related Charges (Tables)
9 Months Ended
Apr. 30, 2026
Restructuring, Impairments, and Related Charges [Abstract]  
Schedule of Restructuring, Impairments, and Related Charges

The following table summarizes total restructuring, impairments, and related charges for the Company’s two reportable segments (in thousands):

 

    Three Months Ended
April 30,
    Nine Months Ended
April 30,
 
    2026     2025     2026     2025  
Zedge Marketplace   $             -     $ 270     $            -     $ 695  
GuruShots     -       307       -       1,190  
Total restructuring, impairments, and related charges   $ -     $ 577     $ -     $ 1,885  
Schedule of Provides Information About Restructuring, Impairments, and Related Charges

The following table provides information about restructuring, impairments, and related charges for the Company’s two reportable segments (in thousands):

 

    Restructuring, Impairment, and Related Charges  
    Termination
Benefits (1)
    Impairments and
Assets Disposal (2)
    Total  
Zedge Marketplace   $ 270     $         -     $ 270  
GuruShots     307       -       307  
Three Months Ended April 30, 2025   $ 577     $ -     $ 577  
Zedge Marketplace   $ 695     $ -     $ 695  
GuruShots     363       827       1,190  
Nine Months Ended April 30, 2025   $ 1,058     $ 827     $ 1,885  

 

  1)

Primarily relates to the global restructuring initiated in January 2025 and consists of termination benefits related to workforce reduction actions across all segments. Additionally, one-time severance and termination benefits of approximately $0.3 million, impairment of ROU assets, lease termination costs and other charges of approximately $0.2 million, were expected to be incurred but were not recognized as of April 30, 2025.

     
  2) Primarily represents impairment of capitalized software and technology development costs resulting from the strategy assessment related to the restructuring initiative implemented in GuruShots.