Leases

12 Months Ended

Jul. 31, 2023

Leases [Abstract]

LEASES

NOTE 21 – LEASES

The Company is the lessor of the Israeli property which is leased to tenants under net operating leases with a term expiration date within 2025. Lease income included on the consolidated statements of operations and comprehensive loss was $0.3 million and $0.3 million for the years ended July 31, 2023 and 2022, respectively. During the years ended July 31, 2023 and 2022, no real estate property taxes were included in rental income.

The future contractual minimum lease payments to be received (excluding operating expense reimbursements) by the Company as of July 31, 2023, under non-cancellable operating leases which expire on various dates through 2025 are as follows:

Year ending July 31,	Related Parties		Other		Total
	(in thousands)
2024	$	77	$	—	$	77
2025		78		—		78
Total Minimum Future Rental Income	$	155	$	—	$	155

A related party has the right to terminate the Israeli lease upon four months’ notice.