Stockholders' Equity (Tables)

6 Months Ended

12 Months Ended

Jan. 31, 2016

Jul. 31, 2015

Stockholders' Equity Note [Abstract]

Schedule of Assumptions Used in the Valuation

The assumptions used in the valuation for all of the options granted for the six months ended January 31, 2016 were as follows:

Market value of stock on measurement date	$	7.00
Risk-free interest rate		2.05	%
Dividend yield		0	%
Volatility factor		373	%
Term		10 years

The assumptions used in the valuation for all of the options granted for the year ended July 31, 2015 were as follows:

Market value of stock on measurement date	$ 3.75 to 7.30		$ 2.40 to 5.40
Risk-free interest rate	1.00 to 1.73	%	2.19-2.99	%
Dividend yield	0	%	0	%
Volatility factor	147 to 407	%	418-459	%
Term	3 to 5 years		7-10 years

Schedule of Options and Warrants Outstanding

Stock option activity for six months ended January 31, 2016 is presented in the table below:

					Weighted-
					average
			Weighted-		Remaining
			average		Contractual		Aggregate
	Number of		Exercise		Term		Intrinsic
	Shares		Price		(years)		Value
Outstanding at July 31, 2015		3,157,500		9.42		7.58
Granted		1,437,500		7.25
Forfeited/expired/cancelled		–		–
Outstanding at January 31, 2016		4,595,000		8.74		7.91	$	9,768,125
Exercisable at January 31, 2016		4,302,083		8.34		8.30	$	9,768,125

Warrant activity for the three months ended January 31, 2016 is presented in the table below:

					Weighted-
			Weighted-		average
			average		Remaining		Aggregate
	Number of		Exercise		Contractual		Intrinsic
	Shares		Price		Term (years)		Value
Outstanding at July 31, 2015		1,338,552	$	19.53		3.55	$	–
Issued		–				–		–
Expired		(90,167)		30.27		–		–
Outstanding at January 31, 2016		1,248,385	$	17.49		3.06	$	–
Exercisable at January 31, 2016		523,385	$	23.95		5.17	$	–

Stock option activity for year ended July 31, 2015 is presented in the table below:

					Weighted-
					average
			Weighted-		Remaining
			average		Contractual		Aggregate
	Number of		Exercise		Term		Intrinsic
	Shares		Price		(years)		Value
Outstanding at July 31, 2014		3,047,500		9.00		8.56
Granted		195,000		11.33
Forfeited/expired/cancelled		(85,000)		11.21
Outstanding at July 31, 2015		3,157,500		9.42		7.58	$	1,569,000
Exercisable at July 31, 2015		2,743,750		8.88		8.11	$	1,569,000

Warrant activity for the year ended July 31, 2015 is presented in the table below:

					Weighted-
			Weighted-		average
			average		Remaining		Aggregate
	Number of		Exercise		Contractual		Intrinsic
	Shares		Price		Term (years)		Value
Outstanding at July 31, 2014		1,254,752	$	20.00		4.33	$	-
Issued		83,800		9.07		-		-
Exercised		-				-		-
Outstanding at July 31, 2015		1,338,552	$	19.53		3.55	$	-
Exercisable at July 31, 2015		613,552	$	24.88		4.89	$	-

Schedule of Nonvested Share Activity

A summary of the status of Opiant’s non-vested options as of January 31, 2016 and changes during the three months ended January 31, 2016 are presented below:

			Weighted Average
	Number of		Grant Date
Non-vested options	Options		Fair Value
Non-vested at July 31, 2015		37,500	$	3.85
Granted		1,437,500		7.00
Vested		(1,445,834)		7.00
Non-vested at January 31, 2016		29,166	$	3.85

A summary of the status of Opiant’s non-vested options as of July 31, 2015 and changes during the year ended July 31, 2015 are presented below:

			Weighted Average
	Number of		Grant Date
Non-vested options	Options		Fair Value
Non-vested at July 31, 2014		17,500	$	3.11
Granted		195,000		5.09
Vested		(175,000)		5.06
Non-vested at July 31, 2015		37,500	$	3.85