secwatch.observer — SEC 8-K summary
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Issuer:     Zedge, Inc. (ZDGE)
CIK:        0001667313
Form:       8-K
Filed at:   2025-06-12T23:59:59+00:00
Accession:  0001213900-25-053848
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zedge Q3 revenue up 1.3% to $7.8M; GAAP net income $0.2M; active subscribers hit record 896k
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- Revenue $7.8M (+1.3% YoY); GAAP operating income $0.2M vs loss $0.1M; GAAP EPS $0.01 vs $0.01.
- Non-GAAP net income $0.9M (+81.5% YoY), non-GAAP EPS $0.06; Adjusted EBITDA $1.2M (+46% YoY).
- Active subscribers 896k (+37% YoY); subscription revenue $1.3M (+13%); deferred revenue ~$5M.
- Free cash flow $0.8M after ~$1.0M restructuring/retention payments; repurchased 219k shares in Q3.
- Launched DataSeeds.AI marketplace for AI training sets; signed first AI dataset partnership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1667313/000121390025053848/0001213900-25-053848-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1667313/000121390025053848/ea0245560-8k_zedge.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-053848

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer