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Statements of Operations - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Jan. 31, 2016
Jan. 31, 2015
Jul. 31, 2015
Jul. 31, 2014
Revenue $ 6,860,000 $ 560,000 $ 6,980,000 $ 560,000 $ 1,550,000 $ 0
Operating expenses            
General and administrative 2,485,578 2,138,609 13,276,958 2,846,622 6,034,520 10,838,760
Research and development 373,059 1,191,747 802,509 1,243,848 2,414,973 464,609
Total operating expenses 2,858,637 3,330,356 14,079,467 4,090,470 8,449,493 11,303,369
Income (loss) from operations 4,001,363 (2,770,356) (7,099,467) (3,530,470) (6,899,493) (11,303,369)
Other income (expense)            
Interest expense (5,491) (19,370) (11,319) (27,582) (28,232) (160,303)
Change in derivative         0 (27,067)
Income (loss) on foreign exchange (25,832) 14,112 (29,191) 7,101 (110,148) (12,730)
Gain on debt settlement/forgiveness         0 20,651
Total other income (expense) (31,323) (5,258) (40,510) (20,481) (138,380) (179,449)
Income (loss) before provision for income taxes 3,970,040 (2,775,614) (7,139,977) (3,550,951) (7,037,873) (11,482,818)
Provision for income taxes 0 0 0 0 0 0
Net income (loss) $ 3,970,040 $ (2,775,614) $ (7,139,977) $ (3,550,951) $ (7,037,873) $ (11,482,818)
Basic income (loss) per common share $ 2.11 $ (1.54) $ (3.83) $ (1.98) $ (3.88) $ (6.57)
Diluted income (loss) per common share $ 1.52 $ (1.54) $ (3.83) $ (1.98)    
Basic weighted average common shares outstanding 1,880,279 1,806,303 1,865,230 1,797,032 1,813,069 1,747,881
Diluted weighted average common shares outstanding 2,605,270 1,806,303 1,865,230 1,797,032