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Consolidated Balance Sheets - USD ($)
Jul. 31, 2017
Jul. 31, 2016
Current assets    
Cash and cash equivalents $ 6,872,555 $ 1,481,393
Accounts receivable 3,750,000 312,498
Prepaid expenses and other current assets 164,887 62,404
Total current assets 10,787,442 1,856,295
Other assets    
Computer equipment (net of accumulated depreciation of $4,784 at July 31, 2017 and $1,016 at July 31, 2016) 2,753 6,521
Patents and patent applications (net of accumulated amortization of $9,760 at July 31, 2017 and $8,388 at July 31, 2016) 17,690 19,062
Total assets 10,807,885 1,881,878
Current liabilities    
Accounts payable and accrued liabilities 2,211,971 140,584
Accrued salaries and wages 1,701,359 3,681,250
Note payable 0 165,000
Deferred revenue 253,619 250,000
Total current liabilities 4,166,949 4,236,834
Long-term Liabilities    
Deferred revenue 2,306,527 2,350,000
Total liabilities 6,473,476 6,586,834
Stockholders' equity (deficit)    
Common stock; par value $0.001; 200,000,000 shares authorized; 2,026,608 shares issued and outstanding at July 31, 2017 and 1,992,433 shares issued and outstanding at July 31, 2016 2,026 1,992
Additional paid-in capital 58,937,112 56,478,394
Accumulated deficit (54,604,729) (61,185,342)
Total stockholders' equity (deficit) 4,334,409 (4,704,956)
Total liabilities and stockholders' equity (deficit) $ 10,807,885 $ 1,881,878