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Stockholders’ Equity (Tables)
6 Months Ended
Jan. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Activity

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

 

  

Total RSU

Shares

  

Vested and

Issuable

 
Outstanding at July 31, 2023   712,500    712,500 
Granted        
Issued        
Forfeited        
Outstanding at January 31, 2024   712,500    712,500 
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, 2023   6,700,625   $0.48   $     
Granted   2,000,000   $0.12     
Exercised      $     
Cancelled   (345,000)  $0.29     
Outstanding at January 31, 2024   8,355,625   $0.40   $ 
Schedule of Fair Value Assumptions

  

For the six months ended

January 31,

 
   2024   2023 
Volatility   110.95%   91.90%
Risk-free interest rate   4.18%   4.00%
Dividend yield   %   %
Expected life   5.36    5.34