v3.26.3
Note 8 - Equity Investments (Tables)
12 Months Ended
Jul. 31, 2026
Notes Tables  
Investment [Table Text Block]

(in thousands)

 

 

 

 

 

 

 

 

July 31,

 

2026

 

 

2025

 

Zedge, Inc. Class B common stock, 42,282 shares at July 31, 2026 and 2025

 

$

125

 

 

$

170

 

Rafael Holdings, Inc. Class B common stock, 446,932 shares at July 31, 2026 and 2025

 

 

867

 

 

 

755

 

Other marketable equity securities

 

 

8,853

 

 

 

146

 

Fixed income mutual funds

 

 

2,797

 

 

 

4,566

 

Current equity investments

 

$

12,642

 

 

$

5,637

 

 

 

 

 

 

 

 

 

 

Visa Inc. Series C Convertible Participating Preferred Stock (“Visa Series C Preferred”)

 

$

383

 

 

$

902

 

Hedge funds

 

 

4,265

 

 

 

3,031

 

Other

 

 

1,420

 

 

 

2,725

 

Noncurrent equity investments

 

$

6,068

 

 

$

6,658

 

Equity Securities without Readily Determinable Fair Value [Table Text Block]

(in thousands)

 

 

 

​

 

 

 

​

 

 

 

​

Year ended July 31,

 

2026

 

 

2025

 

 

2024

 

Balance, beginning of period

 

$

1,171

 

 

$

964

 

 

$

1,632

 

Adjustment for observable transactions involving a similar investment from the same issuer

 

 

(519

)

 

 

207

 

 

 

309

 

Redemption for Visa Series C Preferred mandatory release assessment

 

 

—

 

 

 

—

 

 

 

(877

)

Upward adjustment

 

 

—

 

 

 

—

 

 

 

130

 

Purchase

 

 

695

 

 

 

—

 

 

 

—

 

Redemptions

 

 

—

 

 

 

—

 

 

 

(230

)

Impairments

 

 

—

 

 

 

—

 

 

 

—

 

BALANCE, END OF PERIOD

 

$

1,347

 

 

$

1,171

 

 

$

964

 

Unrealized Gain (Loss) on Investments [Table Text Block]

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Year ended July 31,

 

2026

 

 

2025

 

 

2024

 

Net gains recognized during the period on equity investments

 

$

3,407

 

 

$

1,598

 

 

$

229

 

Less: net (loss) gains recognized during the period on equity investments sold during the period

 

 

(130

)

 

 

(2

)

 

 

130

 

Unrealized gains recognized during the period on equity investments still held at the reporting date

 

$

3,537

 

 

$

1,600

 

 

$

99

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Year ended July 31,

 

2026

 

 

2025

 

 

2024

 

Unrealized gains (losses) recognized on equity investments:

 

 

 

 

 

 

 

 

 

 

 

 

Rafael Class B common stock

 

$

112

 

 

$

125

 

 

$

(142

)

Zedge Class B common stock

 

$

(45)

 

 

$

17

 

 

$

64

 

Equity Method Investments [Table Text Block]

(in thousands)

 

 

 

 

 

 

 

 

 

Year ended July 31,

 

2026

 

 

2025

 

 

2024

 

Balance, beginning of period

 

$

(397

)

 

$

1,338

 

 

$

2,784

 

Purchase of convertible preferred stock

 

 

—

 

 

 

926

 

 

 

2,017

 

Equity in the net loss of investee

 

 

(183

)

 

 

(1,291

)

 

 

(2,093

)

Amortization of equity method basis difference

 

 

(1,370

)

 

 

(1,370

)

 

 

(1,370

)

BALANCE, END OF PERIOD

 

$

(1,950

)

 

$

(397

)

 

$

1,338