XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Balance Sheets - USD ($)
Apr. 30, 2016
Jul. 31, 2015
Jul. 31, 2014
Current assets      
Cash and cash equivalents $ 2,363,465 $ 434,217 $ 254,770
Prepaid insurance 70,376 33,143 24,079
Total current assets 2,433,841 467,360 278,849
Other assets      
Computer equipment (net of accumulated amortization of $158 at April 30, 2016 and $0 at July 31, 2015) 6,370 0  
Patents and patent applications (net of accumulated amortization of $8,044 at April 30, 2016 and $7,015 at July 31, 2015 and $5,642 at July 31, 2014) 19,406 20,435 21,808
Total assets 2,459,617 487,795 300,657
Current liabilities      
Accounts payable and accrued liabilities 206,821 315,460 200,604
Accrued salaries and wages 3,630,596 3,129,060 1,416,651
Deferred revenue 250,000 0  
Due to related parties 0 130,000 350,000
Total current liabilities 4,087,417 3,574,520 1,967,255
Deferred revenue 2,083,500 5,300,000 1,411,470
Total liabilities 6,170,917 8,874,520 3,378,725
Stockholders' deficit      
Common stock; par value $0.001; 1,000,000,000 shares authorized; 1,981,433 shares issued and outstanding at April 30, 2016 and 1,841,866 shares issued and outstanding at July 31, 2015 and 1,782,073 shares issued and outstanding at July 31, 2014 1,981 1,842 1,782
Additional paid-in capital 56,381,654 44,982,519 43,253,363
Accumulated deficit (60,094,935) (53,371,086) (46,333,213)
Total stockholders' deficit (3,711,300) (8,386,725) (3,078,068)
Total liabilities and stockholders' deficit $ 2,459,617 $ 487,795 $ 300,657