Share-Based Compensation (Tables)

3 Months Ended

Oct. 31, 2020

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, 2020	2,012,500
Granted	—
Issued	—
Forfeited	—
Outstanding at October 31, 2020 (of which 1,512,500 have vested and are issuable)	2,012,500

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, 2020		9,432,875	$	0.88	$	5,255,000
Granted		—	$	—		—
Exercised		—	$	—		—
Cancelled		—	$	—		—
Outstanding at October 31, 2020		9,432,875	$	0.88	$	4,039,000

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,
	2020			2019
Volatility		—	%		79.16	%
Risk-free interest rate		—	%		1.52	%
Dividend yield		—	%		0.0	%
Expected life		—			5.36 years