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Consolidated Statements of Operations - USD ($)
12 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Revenues    
Royalty and licensing revenue $ 18,406,142 $ 5,097,595
Treatment investment revenue 39,854 4,800,000
Total revenue 18,445,996 9,897,595
Operating expenses    
General and administrative 6,530,533 14,509,400
Research and development 3,171,599 2,808,757
Selling expenses 1,651,099 317,917
Total operating expenses 11,353,231 17,636,074
Income (loss) from operations 7,092,765 (7,738,479)
Other income (expense)    
Interest income (expense), net 19,966 (11,890)
Income (loss) on foreign exchange 18,356 (63,887)
Total other income (expense) 38,322 (75,777)
Income (loss) before provision for income taxes 7,131,087 (7,814,256)
Provision for income taxes 550,474 0
Net income (loss) $ 6,580,613 $ (7,814,256)
Income (loss) per share of common stock:    
Basic income (loss) per share $ 3.27 $ (4.09)
Diluted income (loss) per share $ 2.94 $ (4.09)
Weighted average number of common stock outstanding:    
Basic (in shares) 2,014,540 1,910,489
Diluted (in shares) 2,235,851 1,910,489