Zedge Inc
For the period ended Jan 31, 2024. Filed Mar 15, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jan 31, 2024 · Filed Mar 15, 2024
ZDGE$2.290.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income
(in thousands, except for per share data)
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| January 31, | January 31, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Revenues | $7,771 | $6,983 | $14,852 | $13,883 |
| Costs and expenses: | ||||
| Direct cost of revenues (excluding amortization of capitalized software and technology development costs which is included below) | 458 | 632 | 944 | 1,264 |
| Selling, general and administrative | 6,523 | 5,871 | 12,022 | 11,697 |
| Depreciation and amortization | 762 | 815 | 1,537 | 1,608 |
| Impairment of intangible assets | 11,958 | - | 11,958 | - |
| Change in fair value of contingent consideration | - | (1,793) | - | (1,943) |
| (Loss) income from operations | (11,930) | 1,458 | (11,609) | 1,257 |
| Interest and other income, net | 165 | 77 | 246 | 112 |
| Net gain (loss) resulting from foreign exchange transactions | 76 | 160 | (143) | 84 |
| (Loss) income before income taxes | (11,689) | 1,695 | (11,506) | 1,453 |
| Income tax (benefit) provision | (2,459) | 89 | (2,260) | 16 |
| Net (loss) income | $(9,230) | $1,606 | $(9,246) | $1,437 |
| Other comprehensive gain (loss): | ||||
| Changes in foreign currency translation adjustment | 250 | 152 | (117) | (107) |
| Total other comprehensive gain (loss) | 250 | 152 | (117) | (107) |
| Total comprehensive (loss) income | $(8,980) | $1,758 | $(9,363) | $1,330 |
| (Loss) income per share attributable to Zedge, Inc. common stockholders: | ||||
| Basic | $(0.66) | $0.11 | $(0.66) | $0.10 |
| Diluted | $(0.66) | $0.11 | $(0.66) | $0.10 |
| Weighted-average number of shares used in calculation of income (loss) per share: | ||||
| Basic | 14,068 | 14,087 | 14,022 | 14,208 |
| Diluted | 14,068 | 14,259 | 14,022 | 14,440 |
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