XML 21 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Combined and Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jan. 31, 2014
Jul. 31, 2013
Current Assets:    
Cash and cash equivalents $ 14,295 $ 15,000
Trade accounts receivable, net of allowance for doubtful accounts of $4 at January 31, 2014 and July 31, 2013 3,841 60
Other current assets 1,075 90
Total current assets 19,211 15,150
Prepaid expenses 846 239
Intangibles 350 350
Total assets 20,407 15,739
Current liabilities:    
Trade accounts payable 7 1
Accrued expenses 3,345 1,473
Due to IDT Corporation 159   
Deferred revenue 2,224 145
Income taxes payable 15 15
Total current liabilities 5,750 1,634
Deferred revenue - long-term portion 1,589 250
Total liabilities 7,339 1,884
Commitments and contingencies      
Straight Path Communications stockholders' equity:    
Preferred stock, $.01 par value; authorized shares - 3,000; no shares issued      
Additional paid-in capital 14,609 14,114
Accumulated deficit (1,118)   
Total Straight Path Communications stockholders'equity 13,609 14,229
Noncontrolling interests (541) (374)
Total equity 13,068 13,855
Total liabilities and equity 20,407 15,739
Class A common stock
   
Straight Path Communications stockholders' equity:    
Common stock value 8 8
Class B common stock
   
Straight Path Communications stockholders' equity:    
Common stock value $ 110 $ 107