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Balance Sheet Details
12 Months Ended
Jul. 31, 2012
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Details

3. Balance Sheet Details 

 

Inventories consist of the following: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 31,

 

2012

 

2011

Raw materials

$

476,000 

 

$

498,000 

Finished goods

 

178,000 

 

 

363,000 

 

$

654,000 

 

$

861,000 

 

 

 

Property, plant, and equipment consist of the following: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 31,

 

2012

 

2011

Computers and equipment

$

909,000 

 

$

899,000 

Furniture and fixtures

 

21,000 

 

 

21,000 

Leasehold improvements

 

622,000 

 

 

622,000 

 

 

1,552,000 

 

 

1,542,000 

Less accumulated depreciation

 

(1,295,000)

 

 

(1,116,000)

 

$

257,000 

 

$

426,000 

 

 

Depreciation expense was $179,000 and $285,000 for the years ended July 31, 2012 and 2011, respectively.   

 

Patents consist of the following: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 31,

 

2012

 

2011

Patents

$

3,773,000 

 

$

3,534,000 

Less accumulated amortization

 

(1,823,000)

 

 

(1,617,000)

 

$

1,950,000 

 

$

1,917,000 

 

Patent amortization expense was $206,000 and $186,000 for the years ended July 31, 2012 and 2011, respectively. At July 31, 2012, the weighted average remaining amortization period for all patents was approximately ten years. The annual patent amortization expense for the next five years is estimated to be approximately $226,000 per year.