Basis of Presentation (Tables)

3 Months Ended

Oct. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Transactions related to note payable

The following represents transactions related to the note payable for the three months ended October 31, 2013 (in thousands):

Beginning fair value - August 1, 2013	$	3,004
Imputed interest		115
Change in estimates		(43)
Interest expense		72
Payments		-
Ending fair value - October 31, 2013	$	3,076