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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jan. 31, 2016
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 six months ended January 31, 2016:

 

 

 

 

 

 

 

 

Warrant

 

 

 

Liability

 

Balance at July 31, 2015

 

$

4,000

 

Issuances

 

 

9,867,000

 

Settlement of warrant liability

 

 

 —

 

Adjustments to estimated fair value

 

 

7,747,000

 

Balance at January 31, 2016

 

$

17,618,000