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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jan. 31, 2024
Jul. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 139,152 $ 606,022
Accounts receivable 500,000 650,000
Accounts receivable – a related party 600,000
Deposits 111,000 86,000
Investment in trading securities 548,576 130,649
Prepaid expenses and other current assets 300,724 429,570
Total current assets 1,619,991 2,542,780
Property and equipment, net 79,385 93,637
Intangible assets, net 33,331 73,331
Right-of- use assets, net 756,012 1,058,822
TOTAL ASSETS 2,488,719 3,768,570
CURRENT LIABILITIES    
Accrued expenses and other current liabilities 427,817 293,140
Deferred revenue 70,000
Taxes payable 24,285 31,200
Operating lease liabilities, current 289,952 415,411
Total current liabilities 1,454,312 1,539,719
Operating lease liabilities, noncurrent 528,155 689,498
TOTAL LIABILITIES 1,982,467 2,229,217
Commitments
EQUITY    
Ordinary shares, $0.001 par value, 100,000,000,000 shares authorized, 9,627,452 shares and 9,627,452 shares issued and outstanding as of January 31, 2024 and July 31, 2023, respectively 9,627 9,627
Additional paid-in capital 29,196,350 29,196,350
Accumulated deficit (28,699,725) (27,666,624)
Total ATIF Holdings Limited Stockholders’ equity 506,252 1,539,353
TOTAL LIABILITIES AND EQUITY 2,488,719 3,768,570
Related Party    
CURRENT ASSETS    
Due from a related party 20,539 40,539
CURRENT LIABILITIES    
Due to related parties $ 712,258 $ 729,968