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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2023
Jul. 31, 2022
REVENUE    
Total revenue $ 279 $ 410
COSTS AND EXPENSES    
General and administrative 8,932 16,978
Research and development 6,312 8,742
Depreciation and amortization 78 72
Provision for loss on receivable from Cornerstone Pharmaceuticals pursuant to line of credit 25,000
Provision for losses on related party receivables 10,095
Loss from operations (15,043) (60,477)
Interest expense (6)
Interest income 3,253 201
Impairment of investments - Other Pharmaceuticals (334)
Impairment of cost method investment - Cornerstone Pharmaceuticals (79,141)
Realized gain (loss) on available-for-sale securities 154 (45)
Realized gain on investment in equity securities 309
Unrealized gain on investment in equity securities 33
Unrealized gain (loss) on investments 33
Loss from continuing operations before income taxes (8,745) (139,972)
Benefit from income taxes 255
Consolidated net loss from continuing operations (8,693) (140,547)
Discontinued Operations (Note 3)    
Loss from discontinued operations related to 520 Property (306) (1,830)
Gain on disposal of 520 Property 6,784
Income (loss) from discontinued operations 6,478 (1,830)
Consolidated net loss (2,215) (142,377)
Net loss attributable to noncontrolling interests (339) (17,719)
Net loss attributable to Rafael Holdings, Inc. (1,876) (124,658)
OTHER COMPREHENSIVE LOSS    
Consolidated net loss (2,215) (142,377)
Unrealized loss on available-for-sale securities (290) (63)
Foreign currency translation adjustment (42) (5)
Total comprehensive loss (2,547) (142,445)
Comprehensive loss attributable to noncontrolling interests (336) (17,746)
Total comprehensive loss attributable to Rafael Holdings, Inc. $ (2,211) $ (124,699)
Basic and diluted:    
Continuing operations (in Dollars per share) $ (0.36) $ (6.22)
Discontinued operations (in Dollars per share) 0.28 (0.09)
Total basic and diluted loss per share (in Dollars per share) $ (0.08) $ (6.31)
Weighted average number of shares used in calculation of loss per share    
Basic and diluted (in Shares) 23,263,211 19,767,342
Rental – Third Party    
REVENUE    
Total revenue $ 171 $ 179
Rental – Related Party    
REVENUE    
Total revenue 108 111
Other – Related Party    
REVENUE    
Total revenue 120
Cyclo Therapeutics Inc    
COSTS AND EXPENSES    
Unrealized gain (loss) on investments 2,663
Hedge Funds    
COSTS AND EXPENSES    
Unrealized gain (loss) on investments 220 (504)
Day Three Labs Inc    
COSTS AND EXPENSES    
Equity in loss (203)
RP Finance    
COSTS AND EXPENSES    
Equity in loss $ (575)