Zedge Inc
For the period ended Apr 30, 2024. Filed Jun 11, 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.
Apr 30, 2024 · Filed Jun 11, 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
(in thousands, except for per share data)
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| April 30, | April 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Revenues | $7,658 | $6,726 | $22,510 | $20,609 |
| Costs and expenses: | ||||
| Direct cost of revenues (excluding amortization of capitalized software and technology development costs which is included below) | 455 | 498 | 1,399 | 1,762 |
| Selling, general and administrative | 6,752 | 5,016 | 18,773 | 16,713 |
| Depreciation and amortization | 583 | 897 | 2,120 | 2,505 |
| Impairment of intangible assets | - | - | 11,958 | - |
| Impairment of goodwill | - | 8,727 | - | 8,727 |
| Change in fair value of contingent consideration | - | - | - | (1,943) |
| Loss from operations | (132) | (8,412) | (11,740) | (7,155) |
| Interest and other income, net | 188 | 84 | 434 | 196 |
| Net loss resulting from foreign exchange transactions | (80) | (84) | (223) | - |
| Loss before income taxes | (24) | (8,412) | (11,529) | (6,959) |
| Income tax benefit | (137) | (718) | (2,397) | (702) |
| Net income (loss) | $113 | $(7,694) | $(9,132) | $(6,257) |
| Other comprehensive loss: | ||||
| Changes in foreign currency translation adjustment | (224) | (214) | (341) | (321) |
| Total other comprehensive loss | (224) | (214) | (341) | (321) |
| Total comprehensive loss | $(111) | $(7,908) | $(9,473) | $(6,578) |
| Income (loss) per share attributable to Zedge, Inc. common stockholders: | ||||
| Basic | $0.01 | $(0.55) | $(0.65) | $(0.44) |
| Diluted | $0.01 | $(0.55) | $(0.65) | $(0.44) |
| Weighted-average number of shares used in calculation of income (loss) per share: | ||||
| Basic | 14,191 | 14,017 | 14,077 | 14,221 |
| Diluted | 14,542 | 14,017 | 14,077 | 14,221 |
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