{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-020317","form_type":"8-K","ticker":"ZDGE","cik":"0001667313","company_name":"Zedge, Inc.","filed_at":"2023-03-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.074528+00:00","generated_at":"2026-06-18T02:08:43.199378+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Zedge Q2 revenue flat at $7M; net income falls 31% to $1.6M, announces cost cuts","bullets":["Revenue $7.0M, up 1% YoY; net income $1.6M ($0.11 diluted EPS) vs $2.3M ($0.16) a year ago.","Adjusted EBITDA $1.4M, down 63% from $3.9M; advertising revenue fell 19% to $4.6M.","Digital goods/services revenue $1.2M (from $0) driven by gaming; subscription revenue down 8.3%.","MAU declined 11.3% to 32.2M; active subscriptions fell 14.2% to 654,000.","Announced $2.5-$3.0M annualized cost savings plan; management cites macro headwinds and Apple ATT impact."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-020317","json":"https://secwatch.observer/filing/0001213900-23-020317.json","markdown":"https://secwatch.observer/filing/0001213900-23-020317.md","text":"https://secwatch.observer/filing/0001213900-23-020317.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1667313/000121390023020317/0001213900-23-020317-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1667313/000121390023020317/ea175253-8k_zedge.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T02:08:43.199378+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1d9db3db7c2da67f46610521f8375e8a8e4e4d38","claim":"Zedge, Inc. reported second quarter fiscal year 2023, ended January 31, 2023 results: revenue $7.0 million, net income $1.6 million, EPS $0.11.","evidence_excerpt":"positioning the business for profitable growth as conditions improve.” Second Quarter Highlights Financial (fiscal 2023 compared to fiscal 2022) ● Revenue increased 1.0% to $7.0 million; ● Net income and earnings per share of $1.6 million and $0.11, respectively; ● Adjusted EBITDA of $1.4 million; ● Zedge Premium Gross Transaction Value (GTV) 2 increased 1.0% to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1667313/000121390023020317/0001213900-23-020317-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter fiscal year 2023, ended January 31, 2023"},{"label":"Revenue","value":"$7.0 million"},{"label":"Net income","value":"$1.6 million"},{"label":"EPS","value":"$0.11"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}