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Statements of Cash Flows - USD ($)
12 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities    
Net loss $ (16,883,095) $ (4,348,855)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 5,552 10,552
Stock issued for services and compensation and stock-based compensation 2,006,193 2,783,627
Amortization of beneficial conversion feature, debt discount and closing costs 858,942 409,878
Stock issued for in-process research and development 8,260,000 0
Financing costs paid with stock 169,000 0
Asset purchase liability 1,125,026 0
Gain on debt extinguishment (50,000) 0
Changes in operating assets and liabilities:    
(Increase) decrease in prepaid expenses (16,869) 266,166
Increase in accounts payable 1,000,396 221,644
Increase (decrease) in accrued wages 47,785 (85,845)
Increase in accrued interest 53,959 93,690
Net cash used in operating activities (3,423,111) (649,143)
Cash flows from investing activities 0 0
Cash flows from financing activities    
Proceeds from notes payable 1,565,000 495,000
Proceeds from Paycheck Protection Program 0 50,000
Financing closing costs paid with cash (169,000) 0
Principal payments made on notes payable (415,232) 0
Proceeds from equity financing 2,935,975 0
Net cash provided by financing activities 3,916,743 545,000
Net change in cash 493,632 (104,143)
Cash, beginning of year 62,952 167,095
Cash, end of year 556,584 62,952
Supplemental disclosure of cash flow information    
Cash paid for interest 34,345 0
Noncash Investing and Financing Activities    
Warrants and beneficial conversion issued in connection with convertible notes 0 430,430
Common stock issued for conversion of notes payable and related accrued interest 543,850 1,077,078
Common stock issued for debt financing commitment shares 322,365 0
Warrants issued in connection with financings 634,056 0
Original issue discount on debt 100,000 0
Beneficial conversion feature recognized 19,780 0
Accounts payable converted into common stock $ 45,000 $ 0