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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2016
Jul. 31, 2015
Current assets:    
Cash and cash equivalents $ 11,361 $ 18,620
Trade accounts receivable, net of allowance for doubtful accounts of $0 and $0, respectively 40 82
Prepaid expenses and other current assets 1,627 273
Prepaid expenses - related to settlements and licensing 783
Total current assets 13,028 19,758
Intangible assets 365 365
Other assets 104 115
Total assets 13,497 20,238
Current liabilities:    
Trade accounts payable 684 238
Accrued expenses 1,042 828
Deferred revenue 73 1,646
Income taxes payable 225 225
Total current liabilities 2,024 2,937
Deferred revenue - long-term portion 92 105
Total liabilities 2,116 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 21,589 17,316
(Accumulated deficit) retained earnings (8,225) 72
Treasury stock, 40 and 42 shares at cost at July 31, 2016 and July 31, 2015 (428) (480)
Total Straight Path Communications Inc. stockholders' equity 13,058 18,524
Noncontrolling interests (1,677) (1,328)
Total equity 11,381 17,196
Total liabilities and equity 13,497 20,238
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 114 113
Common Stock To Be Issued    
Straight Path Communications Inc. stockholders' equity:    
Common stock value $ 1,495