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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Apr. 30, 2025
Apr. 30, 2024
Jul. 31, 2024
Jul. 31, 2023
Cash flows from operating activities:            
Net loss $ 33,934,000 $ 2,795,000 $ (163,212,000) $ (9,200,000)    
Adjustments to reconcile net loss to net cash used in operating activities:            
Depreciation and amortization of property, plant and equipment 2,726,000   8,400,000 9,073,000    
Amortization of intangible assets with finite lives 5,044,000 5,289,000 16,680,000 15,866,000    
Amortization of stock-based compensation     2,520,000 5,238,000    
Amortization of cost to fulfill assets 0   261,000 720,000    
Paid-in-kind interest under term loan     5,528,000 0    
Amortization of deferred financing costs, debt discount and accreted interest related to Amended Subordinated Credit Facility     4,451,000 0    
Amortization of deferred financing costs and debt discount related to Credit Facility     3,496,000 2,694,000    
Write-off of deferred financing costs and debt discounts 3,479,000 0 4,891,000 0    
Change in fair value of warrants and derivatives (49,542,000) (6,439,000) (15,450,000) (6,439,000)    
Loss (gain) on business divestiture, net 0 200,000 0 (2,013,000) $ 1,199,000  
Changes in other liabilities     0 (3,100,000)    
Loss on disposal of property, plant and equipment     310,000 17,000    
Provision for allowance for doubtful accounts and contract assets     17,716,000 1,134,000    
Provision for excess and obsolete inventory     14,485,000 2,243,000    
Deferred income tax benefit     (584,000) (1,013,000)    
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     26,407,000 (42,068,000)    
Inventories     960,000 (10,189,000)    
Prepaid expenses and other current assets     (552,000) 1,596,000    
Other assets     (1,609,000) 1,159,000    
Accounts payable     (13,930,000) (7,316,000)    
Accrued expenses and other current liabilities     (5,243,000) 2,117,000    
Contract liabilities     (2,297,000) (3,305,000)    
Other liabilities, non-current     34,000 41,000    
Interest payable     (1,067,000) (112,000)    
Income taxes payable     (1,489,000) (2,141,000)    
Net cash used in operating activities     (19,739,000) (44,998,000) (54,495,000) $ (4,433,000)
Cash flows from investing activities:            
Proceeds from business divestiture, net     0 33,225,000    
Purchases of property, plant and equipment     (6,529,000) (8,904,000)    
Net cash (used in) provided by investing activities     (6,529,000) 24,321,000    
Cash flows from financing activities:            
Proceeds from subordinated credit facility     65,000,000 0    
Proceeds from issuance of convertible preferred stock     0 43,200,000    
Net (payments) borrowings under revolving loan     (9,084,000) 17,554,000    
Repayment of term loan     (27,252,000) (20,613,000)    
Proceeds from issuance of employee stock purchase plan shares     101,000 219,000    
Payment of deferred financing costs and debt discount     (4,220,000) (3,180,000)    
Remittance of employees’ statutory tax withholding for stock awards     (1,186,000) (3,810,000)    
Payment of shelf registration costs     207,000 0    
Cash dividends paid on common stock     (157,000) (267,000)    
Payment of convertible preferred stock amendment fees     (650,000) 0    
Net cash provided by financing activities     22,269,000 28,908,000    
Net (decrease) increase in cash and cash equivalents     (3,999,000) 8,231,000    
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 $ 28,434,000 $ 27,192,000 28,434,000 27,192,000 $ 32,433,000 $ 18,961,000
Cash paid during the period for:            
Interest     21,019,000 12,743,000    
Income taxes, net     1,396,000 3,794,000    
Non-cash investing and financing activities:            
Adjustment to reflect redemption value of convertible preferred stock     76,785,000 11,992,000    
Term loan amendment fee paid-in-kind     4,654,000 0    
Accrued term loan amendment fee     2,809,000 0    
Accrued additions to property, plant and equipment     263,000 1,630,000    
Accrued shelf registration costs     10,000 20,000    
Accrued deferred financing costs     6,000 1,479,000    
Issuance of restricted stock     6,000 0    
Accrued remittance of employees' statutory tax withholdings     1,000 4,000    
Cash dividends declared on common stock but unpaid, including (reversal) of dividend equivalents     (33,000) (104,000)    
Unpaid convertible preferred stock issuance costs     0 154,000    
Convertible Preferred Stock            
Cash flows from financing activities:            
Payment of convertible preferred stock issuance costs     $ (76,000) $ (4,195,000)