Operating Leases (Tables)

6 Months Ended

Jan. 31, 2024

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 January 31, 204 and July 31, 2023.

	January 31, 2024		July 31, 2023
	(unaudited)
Right-of- use assets, net	$	756,012	$	1,058,822
Operating lease liabilities, current		289,952		415,411
Operating lease liabilities, noncurrent		528,155		689,498
Total operating lease liabilities	$	818,107	$	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 January 31, 2024 and July 31, 2023:

	January 31, 2024			July 31, 2023
	(unaudited)
Remaining lease term and discount rate
Weighted average remaining lease term (years)		3.25			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 January 31, 2024 and July 31, 2023:

	January 31, 2024			July 31, 2023
	(unaudited)
For the six months/twelve months ended July 31, 2024	$	201,495		$	457,708
For the twelve months ended July 31, 2025		240,000			267,239
For the twelve months ended July 31, 2026		240,000			267,239
For the twelve months ended July 31, 2027		200,000			204,540
Total lease payments		881,495			1,196,726
Less: imputed interest		(63,388	)		(91,817	)
Present value of lease liabilities	$	818,107		$	1,104,909