Liquidity and Going Concern	6 Months Ended
Jan. 31, 2024
Liquidity and Going Concern [Absract]
LIQUIDITY and GOING CONCERN	NOTE 2 – LIQUIDITY and GOING CONCERN For the three and six months ended January 31, 2024, the Company reported a net loss of approximately $0.4 million and approximately $1.0 million, respectively. For the three and six months ended January 31, 2023, the Company reported a net income of approximately $0.8 million and $0.7 million, respectively. For the six months ended January 31, 2024 and 2023, the Company reported operating cash outflows of $17,413 and approximately $0.8 million, respectively. In assessing the Company’s ability to continue as a going concern, the Company monitors and analyzes its cash and its ability to generate sufficient cash flow in the future to support its operating and capital expenditure commitments. As of January 31, 2024, the Company had cash of approximately $0.1 million, accounts receivable of approximately of $0.5 million and short-term investments of approximately $0.5 million, which were highly liquid. On the other hand, the Company had current liabilities of approximately $1.5 million, among which approximately $0.7 million were due to related parties. The balance due to related parties are payable on demand and may be extended. The Company’s ability to continue as a going concern is dependent on management’s ability to successfully execute its business plan, which includes increasing revenue while controlling operating cost and expenses to generate positive operating cash flows and obtain financing from outside sources. Because of losses from operations, working capital deficit, and the requirement of additional capital to fund our current operating plan at January 31, 2024, these factors indicate the existence of an uncertainty that raises substantial doubt about the Company’s ability to continue as a going concern. The Company anticipates that it will need to raise additional capital immediately in order to continue to fund its operations. There is no assurance that the Company will be able to obtain funds on commercially acceptable terms, if at all. There is also no assurance that the amount of funds the Company might raise will enable the Company to complete its initiatives or attain profitable operations. If the Company is unable to raise additional funding to meet its working capital needs in the future, it will be forced to delay, reduce, or cease its operations. The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the ordinary course of business. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might result from the outcome of the uncertainties described above.

Liquidity and Going Concern

6 Months Ended

Jan. 31, 2024

Liquidity and Going Concern [Absract]

NOTE 2 – LIQUIDITY and GOING CONCERN

For the three and six months ended January 31, 2024, the Company reported a net loss of approximately $0.4 million and approximately $1.0 million, respectively. For the three and six months ended January 31, 2023, the Company reported a net income of approximately $0.8 million and $0.7 million, respectively. For the six months ended January 31, 2024 and 2023, the Company reported operating cash outflows of $17,413 and approximately $0.8 million, respectively. In assessing the Company’s ability to continue as a going concern, the Company monitors and analyzes its cash and its ability to generate sufficient cash flow in the future to support its operating and capital expenditure commitments.

As of January 31, 2024, the Company had cash of approximately $0.1 million, accounts receivable of approximately of $0.5 million and short-term investments of approximately $0.5 million, which were highly liquid. On the other hand, the Company had current liabilities of approximately $1.5 million, among which approximately $0.7 million were due to related parties. The balance due to related parties are payable on demand and may be extended. The Company’s ability to continue as a going concern is dependent on management’s ability to successfully execute its business plan, which includes increasing revenue while controlling operating cost and expenses to generate positive operating cash flows and obtain financing from outside sources.

Because of losses from operations, working capital deficit, and the requirement of additional capital to fund our current operating plan at January 31, 2024, these factors indicate the existence of an uncertainty that raises substantial doubt about the Company’s ability to continue as a going concern. The Company anticipates that it will need to raise additional capital immediately in order to continue to fund its operations. There is no assurance that the Company will be able to obtain funds on commercially acceptable terms, if at all. There is also no assurance that the amount of funds the Company might raise will enable the Company to complete its initiatives or attain profitable operations. If the Company is unable to raise additional funding to meet its working capital needs in the future, it will be forced to delay, reduce, or cease its operations.

The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the ordinary course of business. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might result from the outcome of the uncertainties described above.