Year Ended July 31,

2025

2024

2023

Salaries and management fees

$

9,960

$

7,705

$

5,168

Office, investor relations, communication, insurance and travel

6,995

5,807

6,801

Foreign exchange (gain) loss

(100

)

(151

)

71

Professional fees

4,390

3,340

2,609

Sub-total

21,245

16,701

14,649

Stock-based compensation

6,015

5,172

5,415

Total general and administrative expenses

$

27,260

$

21,873

$

20,064