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Consolidated Balance Sheets - USD ($)
Apr. 30, 2017
Jul. 31, 2016
Current assets    
Cash and cash equivalents $ 9,680,454 $ 1,481,393
Accounts receivable 0 312,498
Prepaid expenses 98,911 62,404
Total current assets 9,779,365 1,856,295
Other assets    
Computer equipment (net of accumulated amortization of $3,842 at April 30, 2017 and $1,016 at July 31, 2016) 3,695 6,521
Patents and patent applications (net of accumulated amortization of $9,417 at April 30, 2017 and $8,388 at July 31, 2016) 18,033 19,062
Total assets 9,801,093 1,881,878
Current liabilities    
Accounts payable and accrued liabilities 1,390,780 140,584
Accrued salaries and wages 1,543,142 3,681,250
Note payable 0 165,000
Deferred revenue 194,800 250,000
Total current liabilities 3,128,722 4,236,834
Deferred revenue 2,387,084 2,350,000
Total liabilities 5,515,806 6,586,834
Stockholders' equity (deficit)    
Common stock; par value $0.001; 1,000,000,000 shares authorized; 2,020,380 shares issued and outstanding at April 30, 2017 and 1,992,433 shares issued and outstanding at July 31, 2016 2,020 1,992
Additional paid-in capital 58,549,055 56,478,394
Accumulated deficit (54,265,788) (61,185,342)
Total stockholders' equity (deficit) 4,285,287 (4,704,956)
Total liabilities and stockholders' equity (deficit) $ 9,801,093 $ 1,881,878