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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jan. 31, 2016
Accounting Policies [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
The carrying amounts of the intangible assets as of January 31, 2016 and July 31, 2015 are as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Useful
 
 
 
July 31,
 
Additions
 
January 31,
 
July 31,
 
 
 
 
 
 
 
January 31,
 
Life
 
 
 
2015
 
(impairment)
 
2016
 
2015
 
Expense
 
January 31, 2016
 
July 31, 2015
 
2016
 
(Years)
 
Developed technology
 
$
4,767,286
 
$
(3,626,573)
 
$
1,140,713
 
$
(797,897)
 
$
(342,816)
 
$
(1,140,713)
 
$
3,969,389
 
$
-
 
 
7
 
Trade names
 
 
816,800
 
 
(617,174)
 
 
199,626
 
 
(141,283)
 
 
(58,343)
 
 
(199,626)
 
 
675,517
 
 
-
 
 
7
 
Total intangible assets, net
 
$
5,584,086
 
$
(4,243,747)
 
$
1,340,339
 
$
(939,180)
 
$
(401,159)
 
$
(1,340,339)
 
$
4,644,906
 
$
-
 
 
 
 
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 financial instruments as follows:
 
 
 
Derivative Liability
 
Balance at August 1, 2015
 
$
881,993
 
Issuance
 
 
211,000
 
Reduction upon conversion to common stock
 
 
(399,552)
 
Change in fair value recorded in other income (expense), net
 
 
(57,498)
 
Balance at January 31, 2016
 
$
635,943