CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 31, 2015	Jul. 31, 2015
Current assets:
Cash and cash equivalents	$ 16,307	$ 18,620
Trade accounts receivable, net of allowance for doubtful accounts of $0 and $0, respectively	84	82
Prepaid expenses - related to settlements and licensing		783
Other current assets	354	273
Total current assets	16,745	19,758
Prepaid expenses - development agreement	1,000
Intangible assets	365	365
Other assets	110	115
Total Assets	18,220	20,238
Current liabilities:
Trade accounts payable	144	238
Accrued expenses	596	828
Deferred revenue	44	1,646
Income taxes payable	225	225
Total current liabilities	1,009	2,937
Deferred revenue - long-term portion	104	105
Total liabilities	$ 1,113	$ 3,042
Commitments and contingencies
Straight Path Communications Inc. stockholders' equity:
Preferred stock, $0.01 par value; 3,000 shares authorized; no shares issued and outstanding
Additional paid-in capital	$ 19,408	$ 17,316
(Accumulated deficit) retained earnings	(560)	72
Treasury stock, 42 shares at cost	(480)	(480)
Total Straight Path Communications Inc. stockholders' equity	18,490	18,524
Noncontrolling interests	(1,383)	(1,328)
Total equity	17,107	17,196
Total liabilities and equity	18,220	20,238
Common Stock | Class A
Straight Path Communications Inc. stockholders' equity:
Common stock	8	8
Total equity	8	8
Common Stock | Class B
Straight Path Communications Inc. stockholders' equity:
Common stock	114	113
Total equity	$ 114	113
Common Stock | To be issued
Straight Path Communications Inc. stockholders' equity:
Common stock		1,495
Total equity		$ 1,495