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Cost Reduction
9 Months Ended
Apr. 30, 2025
Restructuring and Related Activities [Abstract]  
Cost Reduction Cost Reduction and Restructuring Related Activities
As of July 31, 2024, our severance liability was $1,029,000. During the nine months ended April 30, 2025, in connection with our transformation strategy, we implemented multiple reductions in force principally within our Satellite and Space Communications segment and unallocated corporate overhead. Such reductions approximated 15% of our workforce as of July 31, 2024, or approximately $33,000,000 in annualized labor costs. During the nine months ended April 30, 2025, we recorded $2,743,000 of severance costs within Selling, general and administrative expenses in our Condensed Consolidated Statements of Operations. After net payments of $3,348,000 during the nine months ended April 30, 2025, our severance liability was $424,000 as of April 30, 2025. As of April 30, 2025, we had approximately 1,468 employees, compared to 1,676 employees as of July 31, 2024.