XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jan. 31, 2014
Jul. 31, 2013
Current assets:    
Cash and cash equivalents $ 407,989 $ 596,871
Accounts receivable, net of allowance for doubtful accounts of $26 and $26 as of January 31, 2014 and July 31, 2013, respectively 212,329 191,835
Inventory, net of reserve balances of $2,080 and $10,360 as of January 31, 2014 and July 31, 2013, respectively 84,993 89,732
Prepaid expenses and other current assets 104,568 167,274
Total current assets 809,879 1,045,712
Property and equipment, net 110,527 15,201
Deposit 20,695 20,695
Total assets 941,101 1,081,608
Current liabilities:    
Accounts payable and accrued liabilities 86,009 39,077
Accounts payable - other 24,485 23,733
Deferred revenue 1,980 381,980
Notes payable - current portion 15,688 0
Total current liabilities 128,162 444,790
Notes payable, net of current 65,429 0
Total liabilities 193,591 444,790
Commitment and contingency (Note 10)      
Stockholders' equity:    
Common stock, $0.008 par value; 125,000,000 shares authorized; 11,322,280 and 10,806,520 shares issued and outstanding at January 31, 2014 and July 31, 2013, respectively 90,576 86,449
Additional paid in capital 11,590,919 11,493,738
Accumulated deficit (10,946,085) (10,952,519)
Total stockholders' equity 747,510 636,818
Total liabilities and stockholders' equity 941,101 1,081,608
Series A Preferred Stock [Member]
   
Stockholders' equity:    
Preferred stock 10,000 7,050
Series B Preferred Stock [Member]
   
Stockholders' equity:    
Preferred stock $ 2,100 $ 2,100