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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Operating activities    
Net loss $ (2,142) $ (1,302)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 1,022 699
Loss on disposal of furniture and fixtures 3
Deferred income taxes 7
Stock-based compensation 449 429
Stock issued to FreeForm noteholders 242
Change in assets and liabilities:    
Trade accounts receivable 573 33
Prepaid expenses and other current assets 178 192
Other assets 6 1
Trade accounts payable and accrued expenses 99 516
Deferred revenues 284
Due to IDT Corporation (1) (33)
Net cash provided by operating activities 471 784
Investing activities    
Capitalized software and technology development costs and purchase of equipment (1,277) (1,295)
Investment in TreSensa (250)
Net cash used in investing activities (1,527) (1,295)
Financing activities    
Proceeds from exercise of stock options 2 216
Purchase of treasury stock in connection with restricted stock vesting (31)
Net cash (used in) provided by financing activities (29) 216
Effect of exchange rate changes on cash and cash equivalents (75) (13)
Net decrease in cash and cash equivalents (1,160) (308)
Cash and cash equivalents at beginning of period 3,408 4,580
Cash and cash equivalents at end of period $ 2,248 $ 4,272