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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Jan. 31, 2025
Jan. 31, 2024
Jul. 31, 2024
Jul. 31, 2023
Cash flows from operating activities:            
Net loss $ (48,739,000) $ (10,558,000) $ (197,146,000) $ (11,995,000)    
Adjustments to reconcile net loss to net cash used in operating activities:            
Depreciation and amortization of property, plant and equipment 2,779,000   5,674,000 5,952,000    
Amortization of intangible assets with finite lives 5,043,000 5,288,000 11,636,000 10,577,000    
Amortization of stock-based compensation     1,325,000 4,834,000    
Amortization of cost to fulfill assets 0   261,000 480,000    
Paid-in-kind interest under term loan     5,528,000 0    
Accretion of interest on subordinated credit facility     1,563,000 0    
Amortization of deferred financing costs     2,157,000 1,543,000    
Write-off of deferred financing costs 0 0 1,412,000 0    
Change in fair value of warrants and derivatives 28,568,000 0 34,092,000 0    
Gain on business divestiture, net 0 (2,213,000) 0 (2,213,000) $ 1,199,000  
Changes in other liabilities     0 (2,067,000)    
Loss on disposal of property, plant and equipment     299,000 19,000    
Provision for allowance for doubtful accounts and contract assets     17,861,000 620,000    
Provision for excess and obsolete inventory     13,534,000 1,473,000    
Deferred income tax (benefit) expense     (493,000) 1,135,000    
Impairment of long-lived assets, including goodwill 0 0 79,555,000 0    
Changes in assets and liabilities, net of effects of divestiture:            
Accounts receivable     10,537,000 (40,456,000)    
Inventories     (1,799,000) 913,000    
Prepaid expenses and other current assets     155,000 2,157,000    
Other assets     (1,252,000) 2,397,000    
Accounts payable     1,386,000 (19,345,000)    
Accrued expenses and other current liabilities     (8,314,000) (3,089,000)    
Contract liabilities     (1,000,000) 2,807,000    
Other liabilities, non-current     185,000 172,000    
Interest payable     (431,000) (51,000)    
Income taxes payable     1,235,000 2,932,000    
Net cash used in operating activities     (22,040,000) (41,205,000) (54,495,000) $ (4,433,000)
Cash flows from investing activities:            
Proceeds from business divestiture, net     0 32,425,000    
Purchases of property, plant and equipment     (4,068,000) (7,489,000)    
Net cash (used in) provided by investing activities     (4,068,000) 24,936,000    
Cash flows from financing activities:            
Proceeds from subordinated credit facility     25,000,000 0    
Net borrowings under revolving loan     0 22,619,000    
Repayment of term loan     0 (18,738,000)    
Proceeds from issuance of employee stock purchase plan shares     83,000 176,000    
Payment of deferred financing costs     (3,158,000) (2,097,000)    
Remittance of employees’ statutory tax withholding for stock awards     (1,181,000) (3,798,000)    
Payment of shelf registration costs     170,000 0    
Cash dividends paid on common stock     (157,000) (265,000)    
Net cash provided by financing activities     20,341,000 37,264,000    
Net (decrease) increase in cash and cash equivalents     (5,767,000) 20,995,000    
Cash and cash equivalents at beginning of period     32,433,000 18,961,000 18,961,000  
Cash and cash equivalents at end of period $ 26,666,000 $ 39,956,000 26,666,000 39,956,000 $ 32,433,000 $ 18,961,000
Cash paid during the period for:            
Interest     11,700,000 8,693,000    
Income taxes, net     639,000 1,951,000    
Non-cash investing and financing activities:            
Adjustment to reflect redemption value of convertible preferred stock     32,251,000 8,157,000    
Term loan amendment fee paid-in-kind     3,250,000 0    
Accrued additions to property, plant and equipment     768,000 1,271,000    
Accrued deferred financing costs     17,000 821,000    
Accrued shelf registration costs     47,000 20,000    
Unpaid convertible preferred stock issuance costs     0 440,000    
Issuance of restricted stock     6,000 0    
Reversal of dividend equivalents     (32,000) (36,000)    
Convertible Preferred Stock            
Cash flows from financing activities:            
Payment of issuance costs     $ (76,000) $ (3,833,000)