Note 9 - Investments in Equity Securities

9 Months Ended

Apr. 30, 2023

Notes to Financial Statements

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

NOTE 9: INVESTMENTS IN EQUITY SECURITIES

On August 19, 2022, we completed the UEX Acquisition (refer to Note 3), and our investment in UEX shares in the amount of $6,914 as of July 31, 2022 was re-measured to its fair value of $5,830 based on the closing price of UEX on August 19, 2022 and transferred as the consideration for the UEX Acquisition.

During the nine months ended April 30, 2023, the changes in our investments in equity securities are summarized as follows:

Balance, July 31, 2022	$	14,834
Transferred as consideration for UEX Acquisition (Note 3)		(5,830	)
Acquired from UEX Acquisition (Note 3)		135
Additions		42,219
Loss on revaluation of equity securities		(12,992	)
Foreign exchange difference		(5	)
Balance, April 30, 2023	$	38,361