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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 $ (2,980) $ (1,366)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 939 860
Deferred income taxes 12 (15)
Interest income on Series D Convertible Note (848)
Net gain on sales of marketable securities (330)
Unrealized (gain) loss on investments - Hedge Funds (520) 52
Provision for doubtful accounts 48 9
Non-cash compensation 411 172
Amortization of debt discount 54 5
Change in assets and liabilities:    
Trade accounts receivable 77 (78)
Prepaid expenses and other current assets 181 (186)
Other assets (38) (82)
Accounts payable and accrued expenses (252) 296
Due to/from related parties 126 588
Other current liabilities 39
Other liabilities 42 (15)
Net cash used in operating activities (1,900) (899)
Investing activities    
Purchases of property and equipment (456) (58)
Proceeds from sale and maturity of marketable securities, net 25,031
Investment in Rafael Pharmaceuticals (55,870)
Net cash used in investing activities (456) (30,897)
Financing activities    
Contribution from noncontrolling interest of consolidated entity 4,587
Repayment of Loan from Rafael Pharmaceuticals 3,300
Proceeds from exercise of options 163
Proceed from sale of shares 7,777
Proceeds from convertible notes payable - Related Party 15,000
Payments for taxes related to shares withheld for employee taxes (116)
Net cash (used in) provided by financing activities (116) 30,827
Effect of exchange rate changes on cash and cash equivalents (30) (65)
Net decrease in cash and cash equivalents (2,502) (1,034)
Cash and cash equivalents at beginning of period 12,024 15,803
Cash and cash equivalents at end of period 9,522 14,769
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Adoption effect of ASU 2016-01 39
Beneficial conversion feature of convertible debt - Related Party 71
Debt and accrued interest converted to Series D Preferred Stock 10,848
Related Party deposit utilized to purchase Class B Common Stock 864
Conversion of LipoMedix Bridge Note 200
Conversions of related party convertible notes payable and accrued interest $ 15,668