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Fair Value of Financial Instruments (Tables)
12 Months Ended
Jul. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of Derivative Liabilities at Fair Value

The following table provides a reconciliation of the beginning and ending balances of the derivative liabilities for the years ended July 31, 2016 and 2015:

 

Fair Value of Significant Unobservable Inputs (Level 3)

 

    Warrant  
    Liability  
Balance at July 31, 2014   $ 9,000  
Issuances      
Settlement of warrant liability      
Adjustments to estimated fair value     (5,000 )
Balance at July 31, 2015   $ 4,000  
Issuances     9,867,000  
Settlement of warrant liability     (13,550,000 )
Adjustments to estimated fair value     5,481,000  
Balance at July 31, 2016   $ 1,802,000