---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-034624"
form_type: "8-K/A"
ticker: "ZDGE"
cik: "0001667313"
company_name: "Zedge, Inc."
filed_at: "2022-06-23T23:59:59+00:00"
generated_at: "2026-06-24T23:40:41.869587+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Zedge discloses GuruShots 2021 audited financials: $7.7M revenue, $1.4M net loss

## Summary
- GuruShots FY2021 revenue $7.7M, gross profit $4.8M, net loss $1.4M, operating loss $819k.
- As of Dec 31, 2021: total assets $1.4M, total liabilities $2.2M, capital deficiency ($10.1M).
- Going concern: GuruShots depends on parent Zedge for support; parent committed for 12 months.
- Convertible loan of $1.1M outstanding; change in fair value of $569k recognized in 2021.

## SEC filing metadata
- accession: 0001213900-22-034624
- form_type: 8-K/A
- ticker: ZDGE
- cik: 0001667313
- company_name: Zedge, Inc.
- filed_at: 2022-06-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1667313/000121390022034624/0001213900-22-034624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1667313/000121390022034624/ea161880-8ka1_zedgeinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-034624
- JSON: https://secwatch.observer/filing/0001213900-22-034624.json
- Plain text: https://secwatch.observer/filing/0001213900-22-034624.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
