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Share-Based Compensation (Tables)
9 Months Ended
Apr. 30, 2013
Share-based Compensation [Abstract]  
Schedule of Share-based Compensation, Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended April 30,

 

2013

 

2012

Share-based compensation for employees and directors:

 

 

 

 

 

Selling, general and administrative

$

132,000 

 

$

155,000 

Research and development

 

12,000 

 

 

63,000 

 

 

144,000 

 

 

218,000 

 

 

 

 

 

 

Share-based compensation for consultants:

 

 

 

 

 

Selling, general and administrative

 

 

 

Research and development

 

9,000 

 

 

 

 

9,000 

 

 

 

 

 

 

 

 

Total share-based compensation expense

$

153,000 

 

$

218,000 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended April 30,

 

2013

 

2012

Share-based compensation for employees and directors:

 

 

 

 

 

Selling, general and administrative

$

457,000 

 

$

658,000 

Research and development

 

115,000 

 

 

190,000 

 

 

572,000 

 

 

848,000 

 

 

 

 

 

 

Share-based compensation for consultants:

 

 

 

 

 

Selling, general and administrative

 

 

 

(7,000)

Research and development

 

11,000 

 

 

 

 

11,000 

 

 

(7,000)

 

 

 

 

 

 

Total share-based compensation expense

$

583,000 

 

$

841,000 

 

Schedule of Other Share-based Compensation, Activity

 

 

 

 

 

 

 

 

 

For the nine months ended April 30,

 

2013

 

2012

Volatility

134.80% 

 

81.59% 

Risk-free interest rate

0.85% 

 

1.17% 

Dividend yield

0.0% 

 

0.0% 

Expected life

5.06 years

 

4.82 years