Net Loss Per Share

6 Months Ended

Jan. 31, 2015

Net Loss Per Share [Abstract]

Net Loss Per Share

3.Net Loss Per Share

Basic net loss per common share is computed as net loss divided by the weighted average number of common shares outstanding for the period. Our diluted net loss per common share is the same as our basic net loss per common share because we incurred a net loss during each period presented, and the potentially dilutive securities from the assumed exercise of all outstanding stock options, restricted stock units,and warrants would have an anti-dilutive effect. As of January 31, 2015 and 2014, the number of shares issuable upon the exercise of stock options, the vesting of restricted stock units, andthe exercise of warrants,  none of which are included in the computation of basic net loss per common share, was 10,348,667 and 7,602,488, respectively.