Zedge, Inc. (NYSEAM:ZDGE) is looking for mergers and acquisitions (M&A). Jonathan Reich, Chief Executive Officer said, "So our primary focus, and we've talked about in the past quarters, is how can we continue to grow the company and invest that cash, whether it be through internal development or M&A. And the Board will continue to evaluate these options over time in order to prioritize whether we continue down that path or potentially consider using some of that for a buyback".
Zedge, Inc. is engaged in building digital marketplaces and competitive games. The Company's products include Zedge Ringtones and Wallpapers, which is a freemium digital content marketplace offering mobile phone wallpapers, video wallpapers, ringtones and notification sounds; pAInt, a generative artificial intelligence (AI) wallpaper maker; GuruShots, a skill-based photo challenge game, and Emojipedia. It uses open-source software in connection with its services. The Zedge Ringtones and Wallpapers app is available both in Google Play and the App Store. Its GuruShots product offers a platform spanning iOS, Android, and the Web that provides an educational and structured way for amateur photographers to compete in a variety of contests. It has added non-fungible token (NFT) functionality to a limited number of Zedge Premium creators via NFTs Made Easy, and all NFT Made Easy transactions are made using Zedge Credits.
ZEDGE, INC. 
