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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Revenues $ 620,000 $ 2,450,000
Operating expenses:    
Selling expenses 333,500 207,238
General and administrative expenses 2,265,612 2,241,626
(Reversal of provision) provision against accounts receivable due from a related party (19,103) 762,000
Total operating expenses 2,580,009 3,210,864
Loss from operations (1,960,009) (760,864)
Other income (expenses):    
Interest income, net 26 1,874
Other (expenses) income, net (846,871) 314,518
Provision against due from buyers of LGC (2,654,767)
(Loss) gain from investment in trading securities (381,370) 192,102
Gain from disposal of subsidiaries and VIE 56,038
Total other expense, net (1,228,215) (2,090,235)
Loss before income taxes (3,188,224) (2,851,099)
Income tax provision (3,300) (31,200)
Net loss and comprehensive loss $ (3,191,524) $ (2,882,299)
Loss Per share – basic (in Dollars per share) $ (0.31) $ (0.3)
Loss Per share – diluted (in Dollars per share) $ (0.31) $ (0.3)
Basic (in Shares) 10,247,476 9,627,452
Diluted (in Shares) 10,247,476 9,627,452
Third Parties    
Revenues $ 420,000 $ 1,150,000
Related Party    
Revenues 200,000 1,300,000
Operating expenses:    
(Reversal of provision) provision against accounts receivable due from a related party $ (19,103) $ 762,000