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Leases (Tables)
9 Months Ended
Apr. 30, 2022
Leases [Abstract]  
Schedule of leased properties have a remaining lease term
Location  Annual
Rent
   Lease
Expiration
Date
  Business Use  Approx.
Sq. Ft.
 
               
825 W. Bitters, Suite 104, San Antonio, TX 78216  $26,529   Jul-22  Executive offices   1,546 
8023 Vantage Dr., Suite 660, San Antonio, Texas 78230  $49,752   Sep-22  Office space   2,843 
10967 Via Frontera, San Diego, CA 92127  $366,767   Mar-26  Office space   18,541 
1610 Royal Palm Avenue, Suite 300, Fort Myers, FL 33901  $82,102   Dec-25  Office space and network facilities   6,800 
2121 Ponce de Leon Blvd., Suite 200, Coral Gables FL 33134  $164,475   Jul-22  Office space & wireless internet network   4,623 
7218 McNeil Dr., FL-1, Austin, TX  78729  $21,000   Mar-24  Network facilities   25 
6606 Lyndon B. Johnson, Fwy., FL1, Suite 125, Dallas, TX 75240  $14,200   May-22  Network facilities   25 
9701 S. John Young Parkway, Orlando, FL 32819  $30,528   May-23  Network facilities   540 
50 NE 9th St, Miami, FL 3313  $49,560   May-23  Network facilities   25 
350 NW 215 St., Miami Gardens, FL 33169  $23,403   May-22  Wireless internet network   100 
8333 NW 53rd St, Doral, FL 33166  $13,612   Jul-25  Wireless internet network   100 
100 SE 2nd Street, Miami, FL 33131  $36,024   Jan-24  Wireless internet network   100 
9055 SW 73rd Ct, Miami, FL 33156  $8,674   Dec-23  Wireless internet network   100 
9517 Fontainebleau Blvd., Miami, FL 33172  $11,860   Aug-24  Wireless internet network   100 

 

Schedule of recognition of ROU assets and lease liabilities for operating leases
ROU Asset  July 31, 2021  $934,260 
Amortization     $(213,662)
Addition - Asset     $1,246,262 
ROU Asset  April 30, 2022  $1,966,860 
         
Lease Liability  July 31, 2021  $934,260 
Amortization     $(268,000)
Addition - Liability     $1,455,978 
Lease Liability  April 30, 2022  $2,122,238 
         
Lease Liability  Short term  $773,233 
Lease Liability  Long term  $1,349,005 
Lease Liability  Total:  $2,122,238 

 

Operating  lease cost:  $470,935 
      
Cash paid for amounts included in the measurement of lease labilities   
 
 
      
Operating cashflow from operating leases:  $470,935 
      
Weighted-average remain lease term-operating lease:   3.4 years 
      
Weighted-average discount rate   5.0%

 

Schedule of future minimum lease payment
Period Ending July 31,  Lease Payments 
2022*  $218,569 
2023   658,144 
2024   532,546 
2025   491,145 
2026   260,209 
Total:  $2,160,613