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Stockholders’ Equity (Tables)
9 Months Ended
Apr. 30, 2025
Equity [Abstract]  
Schedule of Restricted Stock Activity

A summary of the Company’s restricted stock unit activity and related data is as follows:

 

  

Total RSU

Shares

  

Vested and

Issuable

 
Outstanding at July 31, 2024   712,500    712,500 
Granted   30,000    30,000 
Issued        
Forfeited        
Outstanding at April 30, 2025   742,500    742,500 
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, 2024   7,740,000   $0.40   $ 
Granted   2,665,000   $0.07     
Exercised      $     
Cancelled   (345,000)  $0.11     
Outstanding at April 30, 2025   10,060,000   $0.32   $ 
Schedule of Fair Value Assumptions

 

  

For the nine months ended

April 30,

 
   2025   2024 
Volatility   118.49%   110.95%
Risk-free interest rate   4.17%   4.18%
Dividend yield   %   %
Expected life   5.25    5.36 

 

  

For the three months ended

April 30,

 
   2025   2024 
Volatility   125.48%   %
Risk-free interest rate   4.47%   %
Dividend yield   %   %
Expected life   5.31