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Consolidated Balance Sheets - USD ($)
Jan. 31, 2017
Jul. 31, 2016
Current assets    
Cash and cash equivalents $ 12,925,829 $ 1,481,393
Accounts receivable 0 312,498
Prepaid expenses 52,017 62,404
Total current assets 12,977,846 1,856,295
Other assets    
Computer equipment (net of accumulated amortization of $2,900 at January 31, 2017 and $1,016 at July 31, 2016) 4,637 6,521
Patents and patent applications (net of accumulated amortization of $9,074 at January 31, 2017 and $8,388 at July 31, 2016) 18,376 19,062
Total assets 13,000,859 1,881,878
Current liabilities    
Accounts payable and accrued liabilities 756,212 140,584
Accrued salaries and wages 3,690,289 3,681,250
Note payable 0 165,000
Deferred revenue 750,000 250,000
Total current liabilities 5,196,501 4,236,834
Deferred revenue 1,850,000 2,350,000
Total liabilities 7,046,501 6,586,834
Stockholders' equity (deficit)    
Common stock; par value $0.001; 1,000,000,000 shares authorized; 2,007,760 shares issued and outstanding at January 31, 2017 and 1,992,433 shares issued and outstanding at July 31, 2016 2,008 1,992
Additional paid-in capital 57,088,530 56,478,394
Accumulated deficit (51,136,180) (61,185,342)
Total stockholders' equity (deficit) 5,954,358 (4,704,956)
Total liabilities and stockholders' equity (deficit) $ 13,000,859 $ 1,881,878