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Share-Based Compensation (Tables)
12 Months Ended
Jul. 31, 2012
Share-Based Compensation [Abstract]  
Schedule Of Valuation Assumptions [Table Text Block]

 

 

 

 

 

 

 

 

 

For the years ended July 31,

 

2012

 

2011

Volatility

81.05% - 89.77%

 

80.01% - 87.16%

Risk-free interest rate

0.18% - 1.32%

 

0.50% - 2.14%

Dividend yield

0.0% 

 

0.0% 

Expected life

4 years

 

5 years

 

Schedule Of Share Based Compensation Expense Related To Employees Directors And Consultants Stock Options [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

For the years ended July 31,

 

2012

 

2011

Share-based compensation for employees and directors:

 

 

 

 

 

Selling, general and administrative

$

825,000 

 

$

1,032,000 

Research and development

 

257,000 

 

 

127,000 

 

 

1,082,000 

 

 

1,159,000 

 

 

 

 

 

 

Share-based compensation for consultants:

 

 

 

 

 

Selling, general and administrative

 

(5,000)

 

 

41,000 

Research and development

 

 

 

(6,000)

 

 

(5,000)

 

 

35,000 

 

 

 

 

 

 

Total share-based compensation expense

$

1,077,000 

 

$

1,194,000