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Consolidated Balance Sheets - USD ($)
Jul. 31, 2022
Jul. 31, 2021
Current assets    
Cash and cash equivalents $ 3,391,000 $ 2,390,000
Accounts receivable 201,000 368,000
Inventories, net 179,000 332,000
Restricted cash 75,000 75,000
Prepaid expenses 18,000 32,000
Total current assets 3,864,000 3,197,000
Property, plant and equipment, net 620,000 740,000
Patents, net 366,000
Total assets 4,484,000 4,303,000
Current liabilities    
Accounts payable 488,000 593,000
Accrued liabilities 87,000 138,000
Loan payable 239,000
Total current liabilities 575,000 970,000
Total liabilities 575,000 970,000
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, 111,356,473 shares issued and outstanding at July 31, 2022, and 87,223,141 shares issued and outstanding at July 31, 2021 1,114,000 873,000
Additional paid-in capital 132,079,000 128,253,000
Accumulated deficit (129,284,000) (125,793,000)
Total stockholders’ equity 3,909,000 3,333,000
Total liabilities and stockholders’ equity $ 4,484,000 $ 4,303,000