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Fair Value of Financial Instruments (Tables)
3 Months Ended
Oct. 31, 2015
Fair Value of Financial Instruments [Abstract]  
Schedule of Derivative Liabilities at Fair Value

The following table provides a reconciliation of the beginning and ending balances of the derivative liabilities for the three months ended October 31, 2015:

 

 

 

 

 

 

 

 

    

    

 

    

 

 

Warrant

 

 

 

Liability

 

Balance at July 31, 2015

 

$

4,000

 

Issuances

 

 

7,008,000

 

Settlement of warrant liability

 

 

 —

 

Adjustments to estimated fair value

 

 

(43,000)

 

Balance at October 31, 2015

 

$

6,969,000