Combined and Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 31, 2015	Jul. 31, 2014
Current assets:
Cash and cash equivalents	$ 18,620	$ 21,232
Trade accounts receivable, net of allowance for doubtful accounts of $0 and $0, respectively	82	61
Prepaid expenses - related to settlements and licensing	$ 783	4,999
Deferred tax assets		2,392
Other current assets	$ 273	92
Total current assets	$ 19,758	28,776
Prepaid expenses - related to settlements and licensing - long-term portion		761
Intangible assets	$ 365	350
Deferred tax assets		417
Other assets	$ 115	135
Total assets	20,238	$ 30,439
Current liabilities:
Trade accounts payable	238
Accrued expenses	$ 828	$ 1,334
Due to IDT Corporation		6
Deferred revenue	$ 1,646	10,254
Income taxes payable	225	470
Total current liabilities	2,937	12,064
Deferred revenue - long-term portion	105	1,676
Total liabilities	$ 3,042	$ 13,740
Commitments and contingencies
Straight Path Communications Inc. stockholders' equity:
Preferred stock, $0.01 par value; 3,000 shares authorized; no shares issued and outstanding
Common stock value	$ 1,495
Additional paid-in capital	17,316	$ 14,886
Retained earnings	72	$ 2,037
Treasury stock, 42 shares at cost	(480)
Total Straight Path Communications Inc. stockholders' equity	18,524	$ 17,041
Noncontrolling interests	(1,328)	(342)
Total equity	17,196	16,699
Total liabilities and equity	20,238	30,439
Class A common stock
Straight Path Communications Inc. stockholders' equity:
Common stock value	8	8
Class B common stock
Straight Path Communications Inc. stockholders' equity:
Common stock value	$ 113	$ 110