Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2016	Jul. 31, 2015
Current assets:
Cash and cash equivalents	$ 15,350	$ 18,620
Trade accounts receivable, net of allowance for doubtful accounts of $0 and $0, respectively	$ 48	82
Prepaid expenses - related to IP settlements and licensing		783
Other current assets	$ 272	273
Total current assets	15,670	$ 19,758
Prepaid expenses - development agreement	700
Property and equipment, net of accumulated depreciation	56
Intangible assets	365	$ 365
Other assets	107	115
Total Assets	16,898	20,238
Current liabilities:
Trade accounts payable	124	238
Accrued expenses	469	828
Deferred revenue	107	1,646
Income taxes payable	225	225
Total current liabilities	925	2,937
Deferred revenue - long-term portion	98	105
Total liabilities	$ 1,023	$ 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	$ 20,397	$ 17,316
(Accumulated deficit) retained earnings	(2,586)	72
Treasury stock, 42 shares at cost	(480)	(480)
Total Straight Path Communications Inc. stockholders' equity	17,453	18,524
Noncontrolling interests	(1,578)	(1,328)
Total equity	15,875	17,196
Total liabilities and equity	16,898	20,238
Class A
Straight Path Communications Inc. stockholders' equity:
Common stock	8	8
Class B
Straight Path Communications Inc. stockholders' equity:
Common stock	$ 114	113
Common stock to be issued
Straight Path Communications Inc. stockholders' equity:
Common stock		$ 1,495