Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2016	Jul. 31, 2016
Current assets:
Cash and cash equivalents	$ 9,561	$ 11,361
Trade accounts receivable, net of allowance for doubtful accounts of $0 and $0, respectively	47	40
Prepaid expenses and other current assets	1,634	1,627
Total current assets	11,242	13,028
Intangible assets	365	365
Other assets	105	104
Total Assets	11,712	13,497
Current liabilities:
Trade accounts payable	1,067	684
Accrued expenses	522	1,042
Deferred revenue	174	73
Income taxes payable	223	225
Total current liabilities	1,986	2,024
Deferred revenue - long-term portion	86	92
Total liabilities	2,072	2,116
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	24,100	21,589
Accumulated deficit	(12,356)	(8,225)
Treasury stock, 40 shares at cost	(428)	(428)
Total Straight Path Communications Inc. stockholders' equity	11,441	13,058
Noncontrolling interests	(1,801)	(1,677)
Total equity	9,640	11,381
Total liabilities and equity	11,712	13,497
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	$ 117	$ 114