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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Operating activities    
Net loss $ (701) $ (946)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 868 631
Stock-based compensation 296 331
Change in assets and liabilities:    
Trade accounts receivable 102 420
Prepaid expenses and other current assets 243 207
Other assets (13)
Trade accounts payable and accrued expenses (208) (106)
Due to IDT Corporation (1)
Deferred revenues 338
Net cash provided by operating activities 925 536
Investing activities    
Capitalized software and technology development costs and purchase of equipment (417) (916)
Investment in privately-held company (250)
Net cash used in investing activities (417) (1,166)
Financing activities    
Proceeds from sales of Class B Common Stock 275
Repayment of insurance premium loan payable (78)
Proceeds from exercise of stock options 4
Purchase of treasury stock in connection with restricted stock vesting (29) (31)
Net cash provided by (used in) financing activities 172 (31)
Effect of exchange rate changes on cash and cash equivalents (37) (43)
Net increase (decrease) in cash and cash equivalents 643 (704)
Cash and cash equivalents at beginning of period 1,609 3,408
Cash and cash equivalents at end of period 2,252 2,704
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments made for interest expenses 2
Cash payments made for income taxes $ 1