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Consolidated Balance Sheets - USD ($)
Jul. 31, 2017
Jul. 31, 2016
Current assets    
Cash and cash equivalents $ 1,640,000 $ 5,194,000
Accounts receivable 297,000 263,000
Inventories, net 273,000 350,000
Restricted cash 75,000 75,000
Prepaid expenses 174,000 260,000
Total current assets 2,459,000 6,142,000
Property, plant and equipment, net 548,000 440,000
Patents, net 822,000 980,000
Total assets 3,829,000 7,562,000
Current liabilities    
Accounts payable 426,000 479,000
Restructuring liability 19,000 39,000
Accrued liabilities 230,000 216,000
Derivative liabilities 1,853,000 1,802,000
Total current liabilities 2,528,000 2,536,000
Deferred rent 11,000 3,000
Total liabilities 2,539,000 2,539,000
Commitments and contingencies (See Note 4)
Stockholders' equity    
Preferred stock, $0.01 par value: 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.01 par value: 100,000,000 shares authorized, 63,093,153 shares issued and outstanding at July 31, 2017, and 64,823,917 shares issued and outstanding at July 31, 2016 631,000 649,000
Additional paid-in capital 110,141,000 107,593,000
Accumulated deficit (109,482,000) (103,219,000)
Total stockholders' equity 1,290,000 5,023,000
Total liabilities and stockholders' equity $ 3,829,000 $ 7,562,000