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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2017
Jul. 31, 2016
Jul. 31, 2015
Operating activities:      
Net loss $ (45,660) $ (8,646) $ (2,076)
Adjustments to reconcile net loss to net cash used in operating activities:      
Common stock issued or to be issued for compensation 6,205 2,737 3,347
Stock-based compensation 355 32  
Amortization of debt discounts 2,286
Allowance for doubtful accounts 19
Issuance of treasury shares for 401K match 52
Gain from sale of patent (35)
Deferred income taxes 2,809
Changes in assets and liabilities:      
Trade accounts receivable (30) 42 (21)
Inventory (945)
Assets held for sale - Intellectual Property Business (3)
Prepaid expenses and other current assets 866 (1,354) (181)
Prepaid expenses - related to settlements and licensing 783 4,977
Other assets (57) 11 20
Trade accounts payable 2,526 446 238
Accrued expenses 2,460 214 (538)
Liabilities held for sale - Intellectual Property Business 357
FCC consent decree payable 3,500
Due to IDT Corporation (6)
Deferred revenue 127 (1,586) (10,179)
Income taxes payable (225) (245)
Settlement of litigation 7,200
Net cash used in operating activities (21,019) (7,269) (1,890)
Investing activities:      
Prepaid expenses - related to sale of IP business to IDT (1,029)
Purchase of intangibles (15)
Proceeds from sale of patent 35
Net cash provided by (used in) investing activities (1,029) 20
Financing activities:      
Proceeds from loans payable 17,500
Costs related to loans payable (80)
Common stock issued upon exercise of stock options 1,802 10 68
Sale of treasury stock 65
Dividends paid to stockholders of noncontrolling interests (875)
Net cash provided by (used in) financing activities 19,222 10 (742)
Net decrease in cash and cash equivalents (2,826) (7,259) (2,612)
Cash and cash equivalents at beginning of year 11,361 18,620 21,232
Cash and cash equivalents at end of year 8,535 11,361 18,620
Supplemental schedule of noncash activities      
Reclassification of prepaid marketing to inventory 643
Issuance of warrants with loans payable 3,307    
Exercises of warrants reducing loans payable 5,125
Common stock repurchased for withholding tax purposes     545
Reversal of prior period related party payables 513
Supplemental cash flow information      
Cash paid during the year for interest 305
Cash paid during the year for income taxes $ 13 $ 15 $ 119