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Subordinated Credit Facility (Tables)
 9 Months Ended
Apr. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Line of Credit Facilities
The following table summarizes the activity relating to deferred financing costs and discounts under the Credit Facility:

Deferred Financing CostsDiscount
Term LoanRevolverTotalTerm LoanTotal
Credit Facility fees$6,626,000 3,353,000 $9,979,000 $7,486,000 $17,465,000 
Term Loan proceeds allocated to Lender
  warrants		— — — 3,011,000 3,011,000 
Term Loan proceeds allocated to
  embedded derivative		— — — 3,116,000 3,116,000 
Amortization(201,000)(102,000)(303,000)(411,000)(714,000)
Balance at July 31, 2024
$6,425,000 3,251,000 $9,676,000 $13,202,000 $22,878,000 
Amendment fees— 650,000 650,000 8,166,000 8,816,000 
Write-off due to prepayments and
  reduced commitments		(924,000)(1,585,000)(2,509,000)(2,382,000)(4,891,000)
Amortization (824,000)(466,000)(1,290,000)(2,206,000)(3,496,000)
Balance at April 30, 2025
$4,677,000 1,850,000 $6,527,000 $16,780,000 $23,307,000 
The amount of debt outstanding under our Credit Facility was as follows:
 April 30, 2025July 31, 2024
Term Loan$144,592,000 $161,663,000 
Less unamortized deferred financing costs related to Term Loan4,677,000 6,425,000 
Less unamortized discount related to Term Loan16,780,000 13,202,000 
     Term Loan, net123,135,000 142,036,000 
Revolving Loan23,416,000 32,500,000 
Embedded derivative related to Credit Facility2,331,000 3,041,000 
Amount outstanding under Credit Facility, net$148,882,000 177,577,000 
Less current portion of credit facility, net148,882,000 4,050,000 
Non-current portion of credit facility, net$— $173,527,000 
The following table presents a reconciliation of the amount outstanding under the Amended Subordinated Credit Facility to its net carrying value:
April 30, 2025
Amended Subordinated Credit Facility$65,000,000 
Less: Unamortized deferred financing costs1,604,000 
Less: Unamortized discount16,169,000 
Plus: Accretion of Make-Whole Amount3,599,000 
Amended Subordinated Credit Facility, net - subtotal50,826,000 
Plus: Embedded derivative related to redemption features14,645,000 
Amount outstanding under the Amended Subordinated Credit Facility65,471,000 
Less: Current portion of Amended Subordinated Credit Facility, net(65,471,000)
Non-current portion of Amended Subordinated Credit Facility, net$—