Share-Based Compensation (Tables)

3 Months Ended

Oct. 31, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Restricted Stock Activity

A summary of our restricted stock unit activity and related data is as follows:

Outstanding at July 31, 2019	1,912,500
Granted	—
Vested	(400,000	)
Forfeited	—
Outstanding at October 31, 2019	1,512,500

Schedule of Stock Option Activity

A summary of our stock option activity is as follows:

	Shares		Weighted- Average Exercise Price		Aggregate Intrinsic Value
Outstanding at July 31, 2019		7,363,125	$	1.04	$	—
Granted		375,000	$	0.29	$	2,000
Exercised		—	$	—		—
Cancelled		—	$	—		—
Outstanding at October 31, 2019		7,738,125	$	1.01	$	—

Schedule of Fair Value Assumptions

The fair value of stock options was estimated at the grant date using the following weighted average assumptions:

	For the three months ended October 31,
	2019			2018
Volatility		79.16	%		62.52	%
Risk-free interest rate		1.52	%		2.80	%
Dividend yield		0.0	%		0.0	%
Expected life		5.36 years			3.02 years