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LEASE (Tables)
12 Months Ended
Jul. 31, 2024
LEASE  
Summary of lease Cost

 

 

Year ended

 

 

 

July 31,

 

 

 

2024

 

Operating lease cost

 

$3,742

 

Summary supplemental cash flow information

 

 

 Year Ended 

 

 

 

 July 31,

 

 

 

2024

 

Cash paid for operating cash flows from operating leases

 

$-

 

Right-of-use asset obtained in exchange for new operating lease liabilities

 

$107,370

 

 

 

 

 

 

Weighted-average remaining lease term - operating leases (year)

 

 

2.50

 

Weighted-average discount rate -operating leases

 

 

5.88%
Summary of balance sheet information

 

 

July 31,

 

 

 

2024

 

Operating lease ROU asset

 

$104,154

 

 

 

 

 

 

Operating lease liabilities:

 

 

 

 

Current portion

 

$38,802

 

Non-current portion

 

 

69,094

 

 

 

$107,896

 

Summary of maturities of lease liabilities

Year ending July 31,

 

 

 

2025

 

$44,000

 

2026

 

 

48,000

 

2027

 

 

24,000

 

Thereafter

 

 

-

 

 

 

$116,000

 

Less imputed interest

 

 

(8,104)

Operating lease liabilities

 

$107,896