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Equity Investments (Tables) | 12 Months Ended
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Jul. 31, 2025
Cash and Cash Equivalents [Abstract] |
Schedule of Equity Investments | Equity investments consist of the following: Schedule of Equity Investments
July 31 (in thousands) |  | 2025 |  |  | 2024 |
Zedge, Inc. Class B common stock, 42,282 shares at July 31, 2025 and 2024 |  | $ | 170 |  |  | $ | 153 |
Rafael Holdings, Inc. (“Rafael”) Class B common stock, 446,932 and 278,810 shares at July 31, 2025 and 2024, respectively |  |  | 755 |  |  |  | 416 |
Other marketable equity securities |  |  | 146 |  |  |  | 70 |
Fixed income mutual funds |  |  | 4,566 |  |  |  | 4,370 |
Current equity investments |  | $ | 5,637 |  |  | $ | 5,009 |
Visa Inc. Series C Convertible Participating Preferred Stock (“Visa Series C Preferred”) |  | $ | 902 |  |  | $ | 695 |
Visa Inc. Series A Convertible Participating Preferred Stock (“Visa Series A Preferred”) |  |  | — |  |  |  | 877 |
Convertible preferred stock—equity method investment |  |  | — |  |  |  | 1,338 |
Hedge funds |  |  | 3,031 |  |  |  | 2,883 |
Other |  |  | 2,725 |  |  |  | 725 |
Noncurrent equity investments |  | $ | 6,658 |  |  | $ | 6,518 |
Schedule of Carrying Value of Equity Investments | The changes in the carrying value of the Company’s equity investments without readily determinable fair values for which the Company elected the measurement alternative was as follows: Schedule of Carrying Value of Equity Investments
Year ended July 31 (in thousands) |  | 2025 |  |  | 2024 |  |  | 2023 |
Balance, beginning of period |  | $ | 964 |  |  | $ | 1,632 |  |  | $ | 1,501 |
Upward adjustment |  |  | — |  |  |  | 130 |  |  |  | — |
Redemption for Visa Series C Preferred mandatory release assessment |  |  | — |  |  |  | (877 | ) |  |  | — |
Adjustment for observable transactions involving a similar investment from the same issuer |  |  | 207 |  |  |  | 309 |  |  |  | 131 |
Redemptions |  |  | — |  |  |  | (230 | ) |  |  | — |
Impairments |  |  | — |  |  |  | — |  |  |  | — |
BALANCE, END OF PERIOD |  | $ | 1,171 |  |  | $ | 964 |  |  | $ | 1,632 |
Schedule of Unrealized Gains (losses) Gains for All Equity Investments | Unrealized gains and losses for all equity investments measured at fair value included the following: Schedule of Unrealized Gains (losses) Gains for All Equity Investments
Year ended July 31 (in thousands) |  | 2025 |  |  | 2024 |  |  | 2023 |
Net gains (losses) recognized during the period on equity investments |  | $ | 1,598 |  |  | $ | 229 |  |  | $ | (2,613 | )
Less: net (loss) gains recognized during the period on equity investments sold during the period |  |  | (2 | ) |  |  | 130 |  |  |  | 18 |
Unrealized gains (losses) recognized during the period on equity investments still held at the reporting date |  | $ | 1,600 |  |  | $ | 99 |  |  | $ | (2,631 | )
The unrealized gains and losses for all equity investments measured at fair value in the table above included the following:
Year ended July 31 (in thousands) |  | 2025 |  |  | 2024 |  |  | 2023 |
Unrealized gains (losses) recognized during the period on equity investments: |  |  |  |  |  |  |  |  |  |  |  |
Rafael Class B common stock |  | $ | 125 |  |  | $ | (142 | ) |  | $ | (7 | )
Zedge Class B common stock |  | $ | 17 |  |  | $ | 64 |  |  | $ | (28 | )
Equity securities unrealized gain loss |  |  | 17 |  |  |  | 64 |  |  |  | (28 | )
Summary of Changes in Equity Method Investments | The following table summarizes the change in the balance of the Company’s equity method investment. The balance as of July 31, 2025 is classified as other current liabilities in the consolidated balance sheets. Summary of Changes in Equity Method Investments
Year ended July 31 (in thousands) |  | 2025 |  |  | 2024 |  |  | 2023 |
Balance, beginning of period |  | $ | 1,338 |  |  | $ | 2,784 |  |  | $ | 1,001 |
Purchase of convertible preferred stock |  |  | 926 |  |  |  | 2,017 |  |  |  | 840 |
Conversion of secured promissory notes into convertible preferred stock |  |  | — |  |  |  | — |  |  |  | 4,038 |
Equity in the net loss of investee |  |  | (1,291 | ) |  |  | (2,093 | ) |  |  | (2,153 | )
Amortization of equity method basis difference |  |  | (1,370 | ) |  |  | (1,370 | ) |  |  | (942 | )
BALANCE, END OF PERIOD |  | $ | (397 | ) |  | $ | 1,338 |  |  | $ | 2,784 |

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