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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ 698,466 $ (2,253,694)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 73,311 102,751
Provision of doubtful debts 89,561
Amortization of right-of-use assets 212,210 255,082
Gain from disposal of property and equipment 53,757
Loss from disposal of a subsidiary 69,045
(Gain) loss from investment in trading securities (19,116) 793,929
Changes in operating assets and liabilities:    
Accounts receivable (1,650,000) 11,749
Deposits 55,000 (66,000)
Prepaid expenses and other current assets 12,232 236,084
Deferred revenue (20,785) (100,000)
Taxes payable 566,957 (445)
Accrued expenses and other liabilities (561,677) 1,442,409
Lease liabilities (190,357) (237,023)
Net cash (used in) provided by operating activities (754,714) 328,160
Cash flows from investing activities:    
Purchase of property and equipment (8,140) (5,140)
Proceeds from disposal of property and equipment 276,821
Investment in trading securities (59,396) (2,365,989)
Loans made to a related party (100,000)
Collection of borrowings from a related party 1,500
Net cash used in investing activities (166,036) (2,094,308)
Cash flows from financing activities:    
Proceeds from exercise of warrants 1,068,203
Withdrawal of capital from a subsidiary (1,000,000)
Payment of investment gains to the limited partner of ATIF LP (107,845)
Net cash used in financing activities (39,642)
Effect of exchange rate changes on cash (71,672)
Net decrease in cash (920,750) (1,877,462)
Cash, beginning of period 1,750,137 5,596,740
Cash, end of period 829,387 3,719,278
Supplemental disclosure of cash flow information:    
Cash paid for interest expenses
Cash paid for income tax
Supplemental disclosure of Non-cash investing and financing activities of discontinued operations    
Right-of-use assets obtained in exchange for operating lease obligations $ 109,492