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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Operating activities    
Net income (loss) $ 5,255 $ (1,026)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 972 1,216
Stock-based compensation 488 397
Change in assets and liabilities:    
Trade accounts receivable (1,336) 198
Prepaid expenses and other current assets 171 259
Other assets 75 24
Trade accounts payable and accrued expenses 1,626 (37)
Deferred revenue 486 552
Net cash provided by operating activities 7,737 1,583
Investing activities    
Capitalized software and technology development costs and purchase of equipment (543) (613)
Investment in private company (50)
Net cash used in investing activities (593) (613)
Financing activities    
Proceeds from sales of Class B Common Stock 12,355 2,250
Payment of issuance costs (469) (141)
Proceeds from PPP loan payable 218
Repayment of insurance premium loan payable (161) (125)
Proceeds from exercise of stock options 819 4
Purchase of treasury stock in connection with restricted stock and deferred stock units vesting (26) (29)
Net cash provided by financing activities 12,518 2,177
Effect of exchange rate changes on cash and cash equivalents 142 (126)
Net increase in cash and cash equivalents 19,804 3,021
Cash and cash equivalents at beginning of period 5,111 1,609
Cash and cash equivalents at end of period 24,915 4,630
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments made for income taxes 1 3
Cash payments made for interest expenses 2 1
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Note payable issued for insurance premium financing $ 181