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Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2021
Jul. 31, 2021
Current assets    
Cash and cash equivalents $ 1,760,000 $ 2,390,000
Accounts receivable 238,000 368,000
Inventories, net 312,000 332,000
Restricted cash 75,000 75,000
Prepaid expenses 68,000 32,000
Total current assets 2,453,000 3,197,000
Property, plant and equipment, net 769,000 740,000
Patents, net 333,000 366,000
Total assets 3,555,000 4,303,000
Current liabilities    
Accounts payable 465,000 593,000
Accrued liabilities 124,000 138,000
Loan payable 239,000 239,000
Total current liabilities 828,000 970,000
Commitments and contingencies  
Stockholders’ equity    
Preferred stock, $0.01 par value: 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.01 par value: 150,000,000 shares authorized, 87,873,141 shares issued and outstanding at October 31, 2021, and 87,223,141shares issued and outstanding at July 31, 2021 879,000 873,000
Additional paid-in capital 128,437,000 128,253,000
Accumulated deficit (126,589,000) (125,793,000)
Total stockholders’ equity 2,727,000 3,333,000
Total liabilities and stockholders’ equity $ 3,555,000 $ 4,303,000