XML 33 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value of Financial Instruments (Tables)
12 Months Ended
Jul. 31, 2017
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, 2017 and 2016:

 

Fair Value of Significant Unobservable Inputs (Level 3)

 

    Warrant  
    Liability  
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  
Issuances      
Settlement of warrant liability     (226,000 )
Adjustments to estimated fair value     277,000  
Balance at July 31, 2017   $ 1,853,000