Operating Leases (Tables)

3 Months Ended

Oct. 31, 2023

Operating Leases [Abstract]

Schedule of Operating Lease Related Assets and Liabilities Recorded on the Balance Sheets

The following table presents the operating lease related assets and liabilities recorded on the balance sheets as of October 31, 2023 and July 31, 2023.

	October 31, 2023		July 31, 2023
	(unaudited)
Right-of- use assets, net	$	945,706	$	1,058,822
Operating lease liabilities, current	$	375,278	$	415,411
Operating lease liabilities, noncurrent		630,987		689,498
Total operating lease liabilities	$	1,006,265	$	1,104,909

Schedule of Weighted Average Remaining Lease Terms and Discount Rates

The weighted average remaining lease terms and discount rates for all of operating leases were as follows as of July 31, 2023 and 2022:

	October 31, 2023			July 31, 2023
	(unaudited)
Remaining lease term and discount rate
Weighted average remaining lease term (years)		3.26			3.35
Weighted average discount rate		4.90	%		4.90	%

Schedule of Maturities of Lease Liabilities

The following is a schedule of maturities of lease liabilities as of October 31, 2023 and July 31, 2023:

	October 31, 2023			July 31, 2023
	(unaudited)
For the nine months/twelve months ended July 31, 2024	$	346,412		$	457,708
For the twelve months ended July 31, 2025		267,239			267,239
For the twelve months ended July 31, 2026		267,239			267,239
For the twelve months ended July 31, 2027 and thereafter		204,540			204,540
Total lease payments	$	1,085,430		$	1,196,726
Less: imputed interest		(79,165	)		(91,817	)
Present value of lease liabilities	$	1,006,265		$	1,104,909