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Share-Based Compensation (Tables)
12 Months Ended
Jul. 31, 2013
Share-Based Compensation [Abstract]  
Schedule Of Weighted-Average Assumptions Used To Estimate Fair Value Of Option Grant

 

 

 

 

 

 

 

 

 

For the years ended July 31,

 

2013

 

2012

Volatility

134.80% 

 

85.41% 

Risk-free interest rate

0.85% 

 

0.75% 

Dividend yield

0.0% 

 

0.0% 

Expected life

5.06 years

 

4 years

 

Schedule Of Share-Based Compensation Expense Related To Stock Options And Restricted Stock Awards

 

 

 

 

 

 

 

 

 

 

 

 

 

For the years ended July 31,

 

2013

 

2012

Share-based compensation for employees and directors:

 

 

 

 

 

Selling, general and administrative

$

564,000 

 

$

825,000 

Research and development

 

154,000 

 

 

257,000 

 

 

718,000 

 

 

1,082,000 

 

 

 

 

 

 

Share-based compensation for consultants:

 

 

 

 

 

Selling, general and administrative

 

 

 

(5,000)

Research and development

 

2,000 

 

 

 

 

2,000 

 

 

(5,000)

 

 

 

 

 

 

Total share-based compensation expense

$

720,000 

 

$

1,077,000