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Revenue Recognition (Tables) | 6 Months Ended
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Jan. 31, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Revenues Disaggregated by Business Segment and Service Offered to Customers | The following table shows the Company’s revenues disaggregated by business segment and service offered to customers: Schedule of Revenues Disaggregated by Business Segment and Service Offered to Customers
|  | Three Months Ended January 31, |  |  | Six Months Ended January 31, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
|  | (in thousands) |
BOSS Money |  | $ | 17,649 |  |  | $ | 12,029 |  |  | $ | 35,203 |  |  | $ | 24,123 |
Other |  |  | 2,672 |  |  |  | 2,570 |  |  |  | 5,005 |  |  |  | 4,706 |
Total Fintech |  |  | 20,321 |  |  |  | 14,599 |  |  |  | 40,208 |  |  |  | 28,829 |
National Retail Solutions |  |  | 19,822 |  |  |  | 10,620 |  |  |  | 39,135 |  |  |  | 20,692 |
net2phone |  |  | 17,794 |  |  |  | 13,535 |  |  |  | 34,744 |  |  |  | 26,448 |
Mobile Top-Up |  |  | 106,127 |  |  |  | 116,246 |  |  |  | 215,176 |  |  |  | 244,731 |
BOSS Revolution Calling |  |  | 82,831 |  |  |  | 99,951 |  |  |  | 169,083 |  |  |  | 205,920 |
IDT Global |  |  | 58,631 |  |  |  | 73,117 |  |  |  | 120,242 |  |  |  | 162,312 |
Other |  |  | 8,410 |  |  |  | 8,990 |  |  |  | 17,164 |  |  |  | 18,209 |
Total Traditional Communications |  |  | 255,999 |  |  |  | 298,304 |  |  |  | 521,665 |  |  |  | 631,172 |
Total |  | $ | 313,936 |  |  | $ | 337,058 |  |  | $ | 635,752 |  |  | $ | 707,141 |
Schedule of Revenues Disaggregated by Geographic Region | The following table shows the Company’s revenues disaggregated by geographic region, which is determined based on selling location: Schedule of Revenues Disaggregated by Geographic Region
(in thousands) |  | Fintech |  |  | National Retail Solutions |  |  | net2phone |  |  | Traditional Communications |  |  | Total |
Three Months Ended January 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 19,612 |  |  | $ | 19,822 |  |  | $ | 9,514 |  |  | $ | 176,424 |  |  | $ | 225,372 |
Outside the United States: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United Kingdom |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 69,000 |  |  |  | 69,000 |
Other |  |  | 709 |  |  |  | — |  |  |  | 8,280 |  |  |  | 10,575 |  |  |  | 19,564 |
Total outside the United States |  |  | 709 |  |  |  | — |  |  |  | 8,280 |  |  |  | 79,575 |  |  |  | 88,564 |
Total |  | $ | 20,321 |  |  | $ | 19,822 |  |  | $ | 17,794 |  |  | $ | 255,999 |  |  | $ | 313,936 |
(in thousands) |  | Fintech |  |  | National Retail Solutions |  |  | net2phone |  |  | Traditional Communications |  |  | Total |
Three Months Ended January 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 14,166 |  |  | $ | 10,620 |  |  | $ | 7,157 |  |  | $ | 209,065 |  |  | $ | 241,008 |
Outside the United States: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United Kingdom |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 77,337 |  |  |  | 77,337 |
Other |  |  | 433 |  |  |  | — |  |  |  | 6,378 |  |  |  | 11,902 |  |  |  | 18,713 |
Total outside the United States |  |  | 433 |  |  |  | — |  |  |  | 6,378 |  |  |  | 89,239 |  |  |  | 96,050 |
Total |  | $ | 14,599 |  |  | $ | 10,620 |  |  | $ | 13,535 |  |  | $ | 298,304 |  |  | $ | 337,058 |
(in thousands) |  | Fintech |  |  | National Retail Solutions |  |  | net2phone |  |  | Traditional Communications |  |  | Total |
Six Months Ended January 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 38,867 |  |  | $ | 39,135 |  |  | $ | 18,316 |  |  | $ | 361,262 |  |  | $ | 457,580 |
Outside the United States: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United Kingdom |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 137,940 |  |  |  | 137,940 |
Other |  |  | 1,341 |  |  |  | — |  |  |  | 16,428 |  |  |  | 22,463 |  |  |  | 40,232 |
Total outside the United States |  |  | 1,341 |  |  |  | — |  |  |  | 16,428 |  |  |  | 160,403 |  |  |  | 178,172 |
Total |  | $ | 40,208 |  |  | $ | 39,135 |  |  | $ | 34,744 |  |  | $ | 521,665 |  |  | $ | 635,752 |
(in thousands) |  | Fintech |  |  | National Retail Solutions |  |  | net2phone |  |  | Traditional Communications |  |  | Total |
Six Months Ended January 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 27,966 |  |  | $ | 20,692 |  |  | $ | 13,981 |  |  | $ | 445,992 |  |  | $ | 508,631 |
Outside the United States: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United Kingdom |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 159,080 |  |  |  | 159,080 |
Other |  |  | 863 |  |  |  | — |  |  |  | 12,467 |  |  |  | 26,100 |  |  |  | 39,430 |
Total outside the United States |  |  | 863 |  |  |  | — |  |  |  | 12,467 |  |  |  | 185,180 |  |  |  | 198,510 |
Total |  | $ | 28,829 |  |  | $ | 20,692 |  |  | $ | 26,448 |  |  | $ | 631,172 |  |  | $ | 707,141 |
Schedule of Information About Contract Liabilities | The following table presents information about the Company’s contract liability balance: Schedule of Information About Contract Liabilities
|  | Three Months Ended January 31, |  |  | Six Months Ended January 31, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
|  | (in thousands) |
Revenue recognized in the period from amounts included in the contract liability balance at the beginning of the period |  | $ | 17,072 |  |  | $ | 20,152 |  |  | $ | 21,205 |  |  | $ | 24,378 |
Schedule of Deferred Customer Contract Acquisition Costs | The Company’s deferred customer contract acquisition costs were as follows: Schedule of Deferred Customer Contract Acquisition Costs
|  | January 31, 2023 |  |  | July 31, 2022 |
|  | (in thousands) |
Deferred customer contract acquisition costs included in “Other current assets” |  | $ | 4,265 |  |  | $ | 4,085 |
Deferred customer contract acquisition costs included in “Other assets” |  |  | 3,465 |  |  |  | 3,469 |
Total |  | $ | 7,730 |  |  | $ | 7,554 |
Schedule of Amortization of Deferred Customer Contract Acquisition Costs | The Company’s amortization of deferred customer contract acquisition costs during the periods were as follows: Schedule of Amortization of Deferred Customer Contract Acquisition Costs
|  | Three Months Ended January 31, |  |  | Six Months Ended January 31, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
|  | (in thousands) |
Amortization of deferred customer contract acquisition costs |  | $ | 1,228 |  |  | $ | 1,030 |  |  | $ | 2,405 |  |  | $ | 2,042 |

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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 + Details
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