Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2017	Jul. 31, 2017
Current assets:
Cash and cash equivalents	$ 7,559	$ 8,535
Trade accounts receivable, net of allowance for doubtful accounts of $19 and $19, respectively	25	51
Inventory	1,588	1,588
Assets held for sale - Straight Path IP Group		3
Prepaid expenses and other current assets	402	118
Total current assets	9,574	10,295
Prepaid expenses - related to the sale of Straight Path IP Group		1,029
Intangible assets	365	365
Other assets	158	161
Total assets	10,097	11,850
Current liabilities:
Trade accounts payable (related party of $57 and $29, respectively)	3,495	3,210
Accrued expenses (related party of $0 and $900, respectively)	12,360	3,502
Dividend payable	3,750
Liabilities held for sale - Straight Path IP Group		357
FCC consent decree payable		3,500
Loans payable, net of debt discount of $541 and $1,101	3,334	11,274
Deferred revenue	174	217
Total current liabilities	23,113	22,060
Settlement of litigation	7,200	7,200
Deferred revenue - long-term portion	64	75
Total liabilities	30,377	29,335
Commitments and contingencies
Straight Path Communications Inc. stockholders' deficiency:
Preferred stock, $0.01 par value; 3,000 shares authorized; no shares issued and outstanding
Additional paid-in capital	52,719	38,377
Accumulated deficit	(72,699)	(52,872)
Treasury stock, 40 shares at cost at October 31, 2017 and July 31, 2017	(428)	(428)
Total Straight Path Communications Inc. stockholders' deficiency	(20,280)	(14,795)
Noncontrolling interests		(2,690)
Total deficiency	(20,280)	(17,485)
Total liabilities and deficiency	10,097	11,850
Class A Common Stock
Straight Path Communications Inc. stockholders' deficiency:
Common stock value	8	8
Class B Common Stock
Straight Path Communications Inc. stockholders' deficiency:
Common stock value	$ 120	$ 120