10-K/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K/A

(Amendment No.1)

ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the year ended: July 31, 2012

or

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                 to

Commission File Number: 000-8174

Conolog Corporation

(Exact Name of registrant as specified in its charter)

Delaware	22-1847286
(State or other Jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification Number)

5 Columbia Road

Somerville, NJ 08876

(Address of principal executive offices)

(908) 722-8081

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes x   No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes x   No ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act:

¨	Large Accelerated Filer	¨	Accelerated Filer
¨	Non-Accelerated Filer	x	Smaller Reporting Company

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes ¨   No x

As of January 15, 2013, there were 21,683,066 shares outstanding of the registrant’s common stock, par value $0.01.

EXPLANATORY NOTE

The purpose of this Amendment No.1 (the “Amendment”) to the Conolog Corporation (the “Company”) annual report on Form 10-K for the year ended July 31, 2012, originally filed with the U.S. Securities and Exchange Commission on January 7, 2013 (the “Form 10-K”), is solely to furnish Exhibit 101 to the Form 10-K in accordance with Rule 405 of Regulation S-T.

No other changes have been made in this Amendment to the Form 10-K. This Amendment speaks as of the original date of the Form 10-K, does not reflect events that may have occurred subsequent to the original filing date and does not modify or update in any way disclosures made in the original Form 10-K.

Pursuant to rule 406T of Regulation S–T, the interactive data files on Exhibit 101 attached hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Act of 1934, as amended, and otherwise are not subject to liability under those sections.

Item 6.Exhibits.

Exhibit No.	Description
101.INS	XBRL Instance Document*
101.SCH	XBRL Taxonomy Extension Schema*
101.CAL	XBRL Taxonomy Extension Calculation Linkbase*
101.DEF	XBRL Taxonomy Extension Definition Linkbase*
101.LAB	XBRL Taxonomy Extension Label Linkbase*
101.PRE	XBRL Taxonomy Extension Presentation Linkbase*

*furnished herewith

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	CONOLOG CORPORATION
Date: January 16, 2013	By:	/s/Robert Benou
		Name: Robert Benou Title: Chief Executive Officer (Principal Executive Officer) Chief Financial Officer (Principal Financial Officer)

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SUBSEQUENT EVENTS (Detail) (USD $)	3 Months Ended	4 Months Ended	5 Months Ended	12 Months Ended
	Jul. 31, 2012	Nov. 29, 2012	Jan. 04, 2013	Dec. 11, 2012	Jul. 31, 2012	Jul. 31, 2011	Nov. 21, 2012	Oct. 04, 2012	Mar. 23, 2012
Stock Issued During Period, Shares, Other (in Shares)	802,000	68,000			1,100,000
Debt Conversion, Converted Instrument, Warrants or Options Issued (in Shares)	1,604,000	136,000
Stock and Warrants Issued During Period, Value, Preferred Stock and Warrants	$ 200,500	$ 17,000			$ 875,907
Promissory Note Issued							98,000	100,000	100,000
Maximum Sale Of Unused Tax Losses				2,208,444	5,707,131
Net Proceeds From Sale Of Unused Tax Losses				92,732	227,945
Repayments of Notes Payable			$ 103,000		$ 181,350	$ 60,000
Stock Options [Member]
Stock Issued During Period, Shares, Other (in Shares)		22,614

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STOCKHOLDERS' EQUITY (DEFICIENCY) (Detail) - Schedule of stock activities (USD $)	12 Months Ended
	Jul. 31, 2012	Jul. 31, 2011	Jul. 31, 2010
Number of shares	2,502,087	982,837	2,939,036
Weighted Average Exercise price (in Dollars per share)	$ 0.63	$ 3.40	$ 1.47
Weighted Average Remaining contractual term in years	2 years 160 days	3 years 87 days	4 years 171 days
Aggregated Intrinsic Value (in Dollars)	$ 112,280		$ 961.539
Granted [Member]
Number of shares		1,604,000
Weighted Average Exercise price (in Dollars per share)		$ 0.01
Weighted Average Remaining contractual term in years		2 years 153 days
Aggregated Intrinsic Value (in Dollars)		$ 112,280
Exercised [Member]
Number of shares			(1,955,782)
Weighted Average Exercise price (in Dollars per share)			$ 0.60
CancelledOrExpired [Member]
Number of shares		(84,750)	(417)
Weighted Average Exercise price (in Dollars per share)		$ 21.00	$ 25.00

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail) (USD $)	1 Months Ended		3 Months Ended	4 Months Ended	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2011	Jul. 31, 2012	Nov. 29, 2012	Jul. 31, 2012	Jul. 31, 2011	May 03, 2012
Cash, FDIC Insured Amount			$ 250,000		$ 250,000
Allowance for Doubtful Accounts Receivable			0		0	1,000
Percentage Of Estimated Usage To Reserves Over 12 Months And Less Than 36 Months					100.00%
Inventory Valuation Reserves			35,000		35,000	49,000
Inventory Write-down					47,143	50,000
Depreciation					16,560	14,598
Deferred Finance Costs, Noncurrent, Net			0		0	0
Accumulated Amortization of Current Deferred Finance Costs			0		0	382,132
Amortization of Debt Discount (Premium)					0	720,687
Research and Development Expense					80,433	68,022
Shipping, Handling and Transportation Costs					10,037	16,545
Stock Issued During Period, Shares, Other (in Shares)			802,000	68,000	1,100,000
Common Stock, Par or Stated Value Per Share (in Dollars per share)			$ 0.01		$ 0.01	$ 0.01	$ 0.01
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price (in Dollars per share)	$ 0.07	$ 0.07	$ 0.09		$ 0.09
Stock Issued During Period, Value, Other					99,000
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period (in Shares)	45,000	45,000			45,000
Revenue from Grants					3,600
Marketing and Advertising Expense					$ 3,750	$ 15,000
Customer One [Member] | Accounts Receivable [Member]
Entity-Wide Revenue, Major Customer, Percentage					73.00%	93.00%
Customer Two [Member] | Accounts Receivable [Member]
Entity-Wide Revenue, Major Customer, Percentage					23.00%	4.00%
Common Shares From Outstanding Warrants [Member]
Potentially Dilutive Securities (in Shares)			2,502,087		2,502,087	982,837
Common Shares From Preferred Stock [Member]
Potentially Dilutive Securities (in Shares)			155,006		155,006	155,006
Minimum [Member]
Property Plant and Equipment Depreciation, Range			(3)		(3)
Maximum [Member]
Property Plant and Equipment Depreciation, Range			(39)		(39)
Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price (in Dollars per share)			$ 0.07		$ 0.07

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NOTES PAYABLE - OFFICER (Detail) (USD $)	12 Months Ended
	Jul. 31, 2012	Nov. 21, 2012	Oct. 04, 2012	Mar. 23, 2012	Jul. 28, 2011 Notes Payable 1 [Member]	Jul. 16, 2012 Notes Payable 2 [Member]
Promissory Note Issued		$ 98,000	$ 100,000	$ 100,000	$ 256,350	$ 15,000
Repayments of Related Party Debt	181,350
Promissory Note, Principal Outstanding	$ 190,000

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INCOME TAXES

12 Months Ended

Jul. 31, 2012

Income Tax Disclosure [Text Block]

NOTE 3 – INCOME TAXES

The income tax (benefit) is comprised of the following:

	2012			2011
Current:
Federal	$	—		$	—
State		(226,361	)		3,792
Deferred:
Federal		—			—
State		—			—
Total tax benefit	$	(226,361	)	$	3,792

The U.S. federal statutory income tax rate is reconciled to the effective rate at July 31, 2012 and 2011, as follows:

	2012			2011
Income tax expense at U.S. federal statutory rate		(34.0	%)		(34.0	%)
New Jersey state statutory rate		(5.8	%)		(5.8	%)
Change in valuation allowance		23.6	%		22.6	%
Loss on derivative financial instruments		0.0	%		0.0	%
Common stock issue for services		2.3	%		0.7	%
Amortization of debt discount and deferred financing fees		0.0	%		10.2	%
Benefits and modification of debt		0.0	%		0.0	%
Induced conversion cost		0.0	%		6.2	%
Effective tax benefit		(13.9	)%		0.1	%

In 1998, the State of New Jersey enacted legislation allowing emerging technology and/or biotechnology companies to sell their unused New Jersey Net Operating Loss (“NOL”) Carryover and Research and Development Tax Credits (“R&D” Credits) to corporate taxpayers in New Jersey. During the fiscal year ended July 31, 2012, the Company entered into agreements to sell up to $5,707,131 of its unused tax losses. The Company received net proceeds of $227,945, during the fiscal year ended July 31, 2012, related to the sale and accordingly recorded them as a tax benefit in the period received. During the fiscal year ended July 31, 2011, the Company did not enter into such agreements and did not receive such tax benefits.

Deferred taxes are recognized for temporary differences between the bases of assets and liabilities for financial statement and income tax purposes, and net operating losses. The temporary differences causing deferred tax benefits are primarily due to net operating loss carry forwards.

At July 31, 2012 and 2011, the Company has net operating loss carry forward for federal income tax purpose of approximately $30,341,000 and $29,218,000 respectively, which is available to offset future Federal taxable income through 2030. At July 31, 2012 and 2011, the Company has net operating loss carryforward toward state income tax purposes of approximately $4,242,000 and $9,223,000 respectively, to offset future state taxable income through 2030.

The tax provision for the fiscal year ended July 31, 2012, was a tax benefit of $226,361 which consists of a tax benefit for the sale of NJ NOL’s of $227,945, New Jersey State tax refunds of $4,800 and New Jersey state tax expense of $6,384 and for the fiscal year ended July 31, 2011, was a tax expense of $3,792. The Company has no open tax years for the State of New Jersey or federal income tax purposes, which are subject to examination.

The components of the net deferred tax assets (liabilities) at July 31, 2012 and 2011 are as follows:

	2012			2011
Deferred tax asset
Net operating loss	$	10,633,000		$	10,689,000
Reserves		14,000			20,000
Total deferred tax assets		10,677,000			10,709,000
Deferred tax liability		—			—
Net deferred tax asset		10,677,000			10,709,000
Less: Valuation allowance		(10,677,000	)		(10,709,000	)
Net deferred tax asset	$	—		$	—

The Company periodically assesses the likelihood that it will be able to recover its deferred tax assets and determines if a valuation allowance is necessary. As a result of this analysis the Company concluded that it is more likely than not that its deferred tax assets will not be recovered and, accordingly, recorded 100% of the deferred tax asset to a valuation allowance as of July 31, 2012 and July 31, 2011.

The Company accounts for the recognition, measurement, presentation and disclosure of uncertain tax positions in accordance with the provisions of ASC 740-10 (Accounting for Uncertainty in Income Taxes). The Company evaluates these unrecognized tax benefits each reporting period. As of July 31, 2012, the total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $135,000. The unrecognized tax benefit is the result of the Company’s position to deduct the write off of the obsolete inventory for income tax purposes. The Company maintains some of its obsolete inventory utilization in repairing its products previously sold in accordance with the Company’s warranty program.

The Company, over the years, has discarded obsolete inventory; however, the company did not keep a detailed log of the inventory that was discarded. These inventory items were written down to zero in the Company’s inventory system as they were deemed to have no value and therefore the Company deducted the amounts on its income tax returns.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	July 31, 2012		July 31, 2011
Balance at beginning of period	$	135,000	135,000
Additions based on tax positions related to current year		—	—
Balance at end of period	$	135,000	135,000

The Company and its subsidiaries are subject to United States federal income tax as well as income tax of multiple state jurisdictions. These uncertain tax positions are related to the Sale of the Company’s NJ NOL’s and are within the tax years that remain subject to examination by the relevant taxing authorities.

It is reasonably possible that the amount of unrecognized tax benefits will increase or decrease in the next twelve months. These changes may be the result of new state audits. The balance of the unrecognized tax benefits is primarily related to uncertain tax positions for which there are no current ongoing federal or state audits and therefore, an estimate of the range of the reasonably possible outcomes cannot be made.

The Company has recorded accrued interest of $31,000 and $16,000 as of July 31, 2012 and July 31, 2011 respectively, which has been included in accrued expenses in the Balance Sheet. During the fiscal years ended July 31, 2012 and July 31, 2011 the Company included $15,000 and $11,000 of interest expense in the statement of operations.

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INCOME TAXES (Detail) - Schedule Of U.S. Federal Statutory Income Tax Rate	12 Months Ended
	Jul. 31, 2012	Jul. 31, 2011
Income tax expense at U.S. federal statutory rate	(34.00%)	(34.00%)
New Jersey state statutory rate	(5.80%)	(5.80%)
Change in valuation allowance	23.60%	22.60%
Loss on derivative financial instruments	0.00%	0.00%
Common stock issue for services	2.30%	0.70%
Amortization of debt discount and deferred financing fees	0.00%	10.20%
Benefits and modification of debt	0.00%	0.00%
Induced conversion cost	0.00%	6.20%
Effective tax benefit	(13.90%)	0.10%

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INCOME TAXES (Detail) - Schedule Of Income Tax (Benefit) (USD $)	12 Months Ended
	Jul. 31, 2012	Jul. 31, 2011
Current:
Federal
State	(226,361)	3,792
Deferred:
Federal
State
Total tax benefit	$ (226,361)	$ 3,792

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INCOME TAXES (Detail) - Schedule Of Net Deferred Tax Assets (Liabilities) (USD $)	Jul. 31, 2012	Jul. 31, 2011
Deferred tax asset
Net operating loss	$ 10,633,000	$ 10,689,000
Reserves	14,000	20,000
Total deferred tax assets	10,677,000	10,709,000
Deferred tax liability
Net deferred tax asset	10,677,000	10,709,000
Less: Valuation allowance	(10,677,000)	(10,709,000)
Net deferred tax asset	$ 0	$ 0

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INCOME TAXES (Detail) - Schedule Of Unrecognized Tax Benefits (USD $)	12 Months Ended
	Jul. 31, 2012	Jul. 31, 2011
Balance at beginning of period	$ 135,000	$ 135,000
Additions based on tax positions related to current year
Balance at end of period	$ 135,000	$ 135,000

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Jul. 31, 2012

Significant Accounting Policies [Text Block]

NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Cash and Equivalents

For the purpose of the statements of cash flows, cash equivalents include time deposits, certificates of deposit and all highly liquid debt instruments with original maturities of three months or less. The Company maintains cash and cash equivalents balances at financial institutions and are insured by the Federal Deposit Insurance Corporation up to $250,000. At times, balances in certain bank accounts may exceed the FDIC insured limits. Cash equivalents consist of highly liquid investments with an original maturity of three months or less when purchased. At July 31, 2012 and 2011, the Company did not have any cash equivalents.

Receivables and Allowance for Doubtful Accounts

Trade Receivables are non-interest bearing, uncollateralized customer obligations and are stated at the amounts billed to customers. The preparation of financial statements requires our management to make estimates and assumptions relating to the collectivity of our accounts receivable. Management specifically analyzes historical bad debts, customer credit worthiness, current economic trends and changes in our customer payment terms when evaluating the adequacy of the allowance for doubtful accounts. The allowance for doubtful accounts at July 31, 2012 and July 31, 2011, were $- 0 - and $1,000, respectively.

The Company has a concentration risk in trade accounts receivable with significant sales to the government and local agencies. Two customers accounted for approximately 73%and 23% of accounts receivable as of July 31, 2012. Two customers accounted for approximately 93% and 4% of accounts receivable as of July 31, 2011. The credit evaluation process has mitigated the credit risk, such losses have been minimal, and within management expectations.

Inventories

Inventories are valued at lower of cost or market using the first-in, first-out (“FIFO”) method. Finished goods costs included raw materials, labor and manufacturing overhead costs. Excess and obsolete inventory costs are expensed and a reserve for slow-moving inventory is made on management’s estimates.

Finished goods are products that have been completed and are awaiting shipment. Work-in-Process represents raw material components that have been requisitioned from the warehouse and are being assembled in the manufacturing area. Raw Materials consist of components parts purchased from various suppliers and are used to build our finished products. Various raw material parts are also maintained to support warranty claims for commercial and military products. Typical raw material products include PC boards, digital screen assemblies, guide rails, capacitors, terminals, power supplies, process chips, resistors, keypads, relays and face plates.

The Company provides a twelve-year warranty on all commercial products and is required by government regulation to design and produce military products with a minimum 25-year operating life in addition to shelf life.

The Company maintains a significant amount of raw material component parts and some of this raw material inventory is not expected to be realized within a twelve month operating cycle from the balance sheet date. For any raw material part which has not been purchased within the last twelve months from the balance sheet date, it is evaluated as part of the slow moving inventory and is part of our inventory reserve review. The Company estimated a usage rate for its raw material component parts for what it expects to use over a 36 month period. Any excess inventory based on this projected usage rate is written off as excess and obsolete. The Company then reserves 100% of the estimated usage that is over 12 months and less than 36 months. Certain raw material parts which have been written down to a zero value, may still be maintained in inventory to satisfy possible requirements under the warranty programs but are valued at zero. The Company evaluates the inventory parts based on their age and usage over a 36 month period to determine inventory obsolescence and reserve adjustments.

Inventory consisted of the following as of July 31, 2012 and July 31, 2011:

	July 31, 2012		July 31, 2011
Finished Goods	$	75,155	$	162,507
Work-in-process		246,211		87,664
Raw materials		210,869		188,318
		532,235		438,489
Less: Inventory reserve		35,000		49,000
Inventory, net	$	497,235	$	389,489

The Company reviews finished goods and raw material inventory on hand and provides a reserve for obsolete product based on the results of the review.

As of July 31, 2012 and July 31, 2011, inventory reserves amounted to $35,000 and $49,000, respectively. For the years ended July 31, 2012 and July 31, 2011, inventory written off as obsolete amounted to $47,143 and $50,000, respectively and charged to cost of sales.

Property and Equipment

Property and equipment are carried at cost, less allowances for depreciation. Depreciation is computed by the straight-line method over the estimated useful lives of the assets which range between three (3) and thirty-nine(39) years. Depreciation was $16,560 and$14,598 for the fiscal years ended July 31, 2012 and 2011, respectively. Repairs and maintenance expenditures which do not extend the useful lives of the related assets are expensed as incurred. Gains and losses on depreciable assets retired or sold are recognized in the consolidated statement of operations in the year of disposal.

Fair Value Measurements

The authoritative guidance for fair value measurements defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or the most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact, and (iv) willing to transact. The guidance describes a fair value hierarchy based on the levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value which are the following:

Level 1 –  Quoted prices in active markets for identical assets or liabilities.

Level 2 –  Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or corroborated by observable market data or substantially the full term of the assets or liabilities.

Level 3 –  Unobservable inputs that are supported by little or no market activity and that are significant to the value of the assets or liabilities.

The Company’s financial instruments include cash and cash equivalents, accounts receivable, other current assets, accounts payable, accrued expenses, and notes payable - officer. All of these items were determined to be Level 1 fair value measurements.

The carrying amounts of cash and equivalents, accounts receivable, other current assets, accounts payable, accrued expenses and notes payable – officer approximates fair value because of the short maturity of these instruments.

Deferred Financing Costs

The Company follows authoritative guidance for accounting for financing costs as it relates to convertible debt issuance cost. These costs are deferred and amortized over the term of the debt period or until redemption of the convertible debentures. As of July 31, 2012 and July 31, 2011, $0 of deferred financing costs remained to be amortized. Amortization of deferred financing costs amounted to $0 and $382,132 for the fiscal years ended July 31, 2012 and 2011, respectively.

Debt Discount

The Company follows the authoritative guidance for accounting for debt discount and valuation of detachable warrants. The Company recognized the value of detachable warrants issued in conjunction with issuance of the secured convertible debenture notes. The Company valued the warrants using the Black-Scholes pricing model. The Company recorded the warrant relative fair value as an increase to additional paid-in capital and discount against the related debt. The discount attributed to the value of the warrants is amortized over the term of the underlying debt using the effective interest method. Amortization of debt discounts amounted to $0 and $720,687 for the fiscal years ended July 31, 2012 and 2011, respectively.

Impairment of Long-Lived Assets

We review our long-lived assets for impairment whenever events and circumstances indicate that the carrying value of an asset might not be recoverable. An impairment loss, measured as the amount by which the carrying value exceeds the fair value, is recognized if the carrying amount exceeds estimated undiscounted future cash flows.

The Company believes its current assumptions and estimates are reasonable and appropriate; however, unanticipated events and changes in market conditions could affect such estimates, resulting in the need for an impairment charge in future periods For the years ended July 31, 2012 and 2011 no such events or circumstances occurred causing an impairment charge.

Revenue Recognition

Revenue is recorded in accordance with the guidance of the SEC’s Staff Accounting Bulletin (SAB) No. 104, which supersedes SAB No. 101. Revenue from product sales is recognized at the time of shipment (when title and risks and rewards of ownership have passed) upon fulfillment of acceptance terms. Products are not sold on a conditional basis. Therefore, when delivery has occurred the sale is complete, as long as the collection of the resulting receivable is probable.

Research and Development

Research and Development costs are expensed as incurred. Research and Development costs were $80,433 and $68,022 for the fiscal years ended July 31, 2012 and 2011, respectively.

Shipping and Handling Costs

Shipping and handling costs are expensed as incurred and amounted to $10,037 and $16,545 for the fiscal years ended July 31, 2012 and 2011, respectively.

Income Taxes

The Company follows the authoritative guidance for accounting for income taxes. Deferred income taxes are determined using the asset and liability method. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. A valuation allowance is recorded when the expected recognition of a deferred tax asset is considered to be unlikely. The guidance also requires that the Company determine whether it is more likely than not that a tax position will not be sustained upon examination by the appropriate taxing authority. If a tax position does not meet the more likely than not recognition criterion, the guidance requires that the tax position be measured at the largest amount of benefit greater than 50 percent not likely of being sustained upon ultimate settlement. Based on the Company’s evaluation, management has concluded that there are significant uncertain tax positions requiring recognition in the consolidated financial statements with respect to the sale of the Company’s New Jersey Net Operating Loss Carryovers. In the event the Company receives an assessment for interest and/or penalties by major tax jurisdiction it would be classified in the financial statements as general and administrative expense.

Other State Tax Benefits

In 1998, the State of New Jersey enacted legislation allowing emerging technology and/or biotechnology companies to sell their unused New Jersey Net Operating Loss (“NOL”) Carryover and Research and Development Tax Credits (“R&D” Credits) to corporate taxpayers in New Jersey. During fiscal year ended 2012, the Company entered into agreements to sell its unused NOLs. Recognition of this asset and income have been in accordance with the guidance of SAB Topic 13 and are recorded upon the State of New Jersey’s approval of the technology tax benefit transfer certificate and receipt of a contract to purchase a fixed amount of these NOLs.

Warranty

The Company provides a 12 year warranty on its commercial products and 25 years on its military products; the warranty covers parts and labor. The Company, at its option, repairs or replaces products that are found defective during the warranty period provided that proper preventive maintenance procedures have been followed by customers. Repairs necessitated by misuse of such products are not covered by our warranty. In cases of defective products, the customer typically returns them to the Company’s facility in Somerville, New Jersey. The Company’s service personnel will replace or repair the defective items and ship them back to the customer. All servicing is completed at the Company’s main facility and customers are charged a fee for those service items that are not covered by the warranty. We do not offer our customers any formal written service contracts. Our warranty costs have historically been insignificant and therefore a provision was not warranted. Management continues to monitor the costs and will provide a warranty provision if circumstances change.

Stock Based Compensation

The Company follows the authoritative guidance for accounting for stock-based compensation. This guidance requires that new, modified and unvested share-based payment transactions with employees, such as grants of stock options and stock, be recognized in the financial statements based upon their fair value at the grant date and recognized as compensation expense over their vesting periods. The Company also follows the guidance for equity instruments issued to consultants. During the fiscal year ended July 31, 2012, the company issued 1,100,000 shares of Common Stock (par value $0.01) at $.09 per share valued at $99,000. In addition, an officer of the Company granted 45,000 shares at $.07 per share to an employee. This grant was valued at $3,600 and was treated as contributed capital.

Loss Per Share of Common Stock

Basic loss per share of common stock is computed by dividing the Company’s net loss by the weighted average number of shares of Common Stock outstanding during the period. The preferred dividends are not reflected in arriving at the net loss as they are not material and would have no effect on loss per share available to common shareholders. Diluted loss per shares is based on the treasury stock method and includes the effect from potential issuance of common stock such as shares issuable pursuant to the exercise of warrants and conversions of debentures. Potentially dilutive securities at July 31, 2012, consist of 2,502,087 common shares from outstanding warrants and 155,006 common shares from preferred stock. Potentially dilutive securities at July 31, 2011, consisted of 982,837 common shares from outstanding warrants and 155,006 common shares from preferred stock. Diluted and basic weighted average shares are the same, as potentially dilutive shares are anti-dilutive.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The estimates and assumptions made by management are based upon available current information, historical experience and other factors that are believed to be reasonable under the circumstances. The estimates and assumptions made by management involve risks and uncertainties which could cause reported amounts to differ materially from actual future results. If management’s estimates and assumptions are inaccurate, the Company’s reported amounts and disclosures of contingent assets and liabilities could be materially and adversely affected. Management considers its reserve for inventory and accounting for derivative liabilities to be significant estimates.

Advertising / Public Relations Costs

Advertising/Public Relations costs are charged to operations when incurred. These expenses were $3,750 and $15,000 for the fiscal years ended July 31, 2012 and 2011, respectively.

Future Impact of Recently Issued Accounting Standards

In July 2012, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment” (“ASU 2012-02”). ASU 2012-02 gives entities an option to first assess qualitative factors to determine whether the existence of events and circumstances indicate that it is more likely than not that the indefinite-lived intangible asset impaired. If based on its qualitative assessment an entity concludes that it is more likely than not that the fair value of an indefinite lived intangible asset is less than its carrying amount, quantitative impairment testing is required. However, if an entity concludes otherwise, quantitative impairment testing is not required. ASU is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012, with early adoption permitted. ASU 2012-02 is not expected to have a material impact on the Company’s financial position or results of operations.

In December 2011, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”). ASU 2011-11 enhances current disclosures about financial instruments and derivative instruments that are either offset on the statement of financial position or subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset on the statement of financial position. Entities are required to provide both net and gross information for these assets and liabilities in order to facilitate comparability between financial statements prepared on the basis of U.S. GAAP and financial statements prepared on the basis of IFRS. ASU 2011-11 is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. ASU 2011-11 is not expected to have a material impact on the Company’s financial position or results of operations.

In September 2011, the FASB issued Accounting Standards Update No. 2011-08 (“ASU 2011-08”), which updates the guidance in ASC Topic 350, Intangibles – Goodwill & Other. The amendments in ASU 2011-08 permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than the carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in ASC Topic 350. The more-likely-than-not threshold is defined as having a likelihood of more than fifty percent. If, after assessing the totality of events or circumstances, an entity determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. The amendments in ASU 2011-08 include examples of events and circumstances that an entity should consider in evaluating whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. However, the examples are not intended to be all-inclusive and an entity may identify other relevant events and circumstances to consider in making the determination. The examples in this ASU 2011-08 supersede the previous examples under ASC Topic 350 of events and circumstances an entity should consider in determining whether it should test for impairment between annual tests, and also supersede the examples of events and circumstances that an entity having a reporting unit with a zero or negative carrying amount should consider in determining whether to perform the second step of the impairment test. Under the amendments in ASU 2011-08, an entity is no longer permitted to carry forward its detailed calculation of a reporting unit’s fair value from a prior year as previously permitted under ASC Topic 350. ASU 2011-08 is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. The adoption of ASU 2011-08 did not have a material impact on the Company’s financial position or results of operations.

In May 2011, the FASB issued Accounting Standards Update 2011-04 (“ASU 2011-04”), which updated the guidance in ASC Topic 820, Fair Value Measurement. The amendments in ASU 2011-04 generally represent clarifications of Topic 820, but also include some instances where a particular principle or requirement for measuring fair value or disclosing information about fair value measurements has changed. ASU 2011-04 results in common principles and requirements for measuring fair value and for disclosing information about fair value measurements in accordance with U.S. GAAP and International Financial Reporting Standards. The amendments in ASU 2011-04 are to be applied prospectively. For public entities, the amendments are effective for interim and annual periods beginning after December 15, 2011. The adoption of ASU 2011-04 did not have a material impact on the Company’s financial position or results of operations.

Management does not believe there would have been a material effect on the accompanying financial statements had any other recently issued, but not yet effective, accounting standards been adopted in the current period

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STOCKHOLDERS' EQUITY (DEFICIENCY) (Detail) (USD $)	1 Months Ended		3 Months Ended	4 Months Ended	8 Months Ended	12 Months Ended				5 Months Ended					1 Months Ended		12 Months Ended	5 Months Ended	12 Months Ended			12 Months Ended
	Dec. 31, 2011	Dec. 31, 2011	Jul. 31, 2012	Nov. 29, 2012	May 24, 2012	Jul. 31, 2012	Jul. 31, 2011	May 03, 2012	Jun. 18, 2010	Jun. 18, 2010 Old Exercise Price [Member] Class C Warrants [Member]	Jun. 18, 2010 Old Exercise Price [Member]	Jun. 18, 2010 New Exercise Price [Member] Class C Warrants [Member]	Jun. 18, 2010 New Exercise Price [Member]	Jan. 06, 2011 Chief Executive Officer [Member] Common Stock [Member]	Dec. 31, 2011 Stock Incentive Plan [Member]	Dec. 31, 2011 Stock Incentive Plan [Member]	Jul. 31, 2011 Class C Warrants [Member]	Jan. 06, 2011 Common Stock [Member]	Jul. 31, 2012 Common Stock [Member]	Jul. 31, 2011 Common Stock [Member]	Dec. 31, 2011 Convertible Common Stock [Member]	Jul. 31, 2012 Series A Preferred Stock [Member]	Jul. 31, 2011 Series A Preferred Stock [Member]	Jul. 31, 2012 Series B Preferred Stock [Member]	Jul. 31, 2011 Series B Preferred Stock [Member]	Jul. 31, 2012 Common Stock [Member]
Stock Issued During Period, Shares, New Issues (in Shares)					6,754,072									277,777						1,646,723
Price Per Share of Common stock Issued																		$ 0.36
Stock Issued During Period, Value, New Issues (in Dollars)					$ 675,407									$ 100,000						$ 16,467
Stock Issued During Period, Value, Conversion of Convertible Securities, Net of Adjustments (in Dollars)							1,000,000
Stock Issued During Period, Shares, Conversion of Convertible Securities (in Shares)																				3,333,333
Stock Issued During Period Value Conversion Of Interest Expense (in Dollars)							88,177
Stock Issued During Period Shares Conversion Of Interest Expense (in Shares)							229,666
Warrants Exercised In Cashless (in Shares)																	1,955,782
Issuance Of Common Stock In Exercise Of Warrants In Cashless Transaction (in Shares)																	1,646,723
Minimum Requirements Of Stockholders Equity (in Dollars)							2,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period (in Shares)	45,000	45,000				45,000									1,100,000	1,100,000
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price (in Dollars per share)	$ 0.07	$ 0.07	$ 0.09			$ 0.09															$ 0.09
Allocated Share-based Compensation Expense (in Dollars)	102,600	102,600				99,000
Shares, Issued (in Shares)			266,712			266,712		214,286
Common Stock, Value, Issued (in Dollars)			215,925			215,925	124,554	15,000
Common Stock, Par or Stated Value Per Share			$ 0.01			$ 0.01	$ 0.01	$ 0.01																		$ 0.01
Stock Issued During Period, Shares, Other (in Shares)			802,000	68,000		1,100,000
Debt Conversion, Converted Instrument, Warrants or Options Issued (in Shares)			1,604,000	136,000															7,556,072
Stock and Warrants Issued During Period, Value, Preferred Stock and Warrants (in Dollars)			200,500	17,000		875,907													75,561
Percentage Of Cumulative Dividends																						$ 0.04	$ 0.04
Preferred Stock, Amount of Preferred Dividends in Arrears (in Dollars)																						133,183	130,083	44,250	43,173
Preferred Stock, Per Share Amounts of Preferred Dividends in Arrears																						$ 0.86	$ 0.84	$ 36.97	$ 36.07
Payments Due To Reverse Stock Splits (in Dollars)																						5,760,000
Preferred Stock, Liquidation Preference, Value (in Dollars)			$ 210,683			$ 210,683	$ 207,583																	$ 62,205	$ 61,128
Preferred Stock, Dividends, Per Share, Cash Paid																								$ 0.90	$ 0.90
Debt Instrument, Convertible, Conversion Price									$ 0.60
Investment Warrants, Exercise Price										$ 1.12	$ 1.12	$ 0.50	$ 0.60

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Condensed Consolidated Balance Sheets (USD $)	Jul. 31, 2012	Jul. 31, 2011
Current Assets:
Cash and equivalents	$ 70,359	$ 7,907
Accounts receivable, net of allowance	132,747	476,435
Inventory, net of reserve for obsolescence	497,235	389,489
Prepaid expenses	43,280	25,932
Other current assets		259
Total Current Assets	743,621	900,022
Property and equipment:
Machinery and equipment	1,362,952	1,362,952
Furniture and fixtures	430,924	430,924
Automobiles	34,097	34,097
Computer software	231,002	231,002
Leasehold improvements	30,265	30,265
Total property and equipment	2,089,240	2,089,240
Less: accumulated depreciation	(2,018,442)	(2,001,882)
Net Property and Equipment	70,798	87,358
TOTAL ASSETS	814,419	987,380
Current Liabilities:
Accounts payable	377,427	376,636
Accrued expenses	1,734,329	1,033,002
Notes payable - Officer	190,000	256,350
Total Current Liabilities	2,301,756	1,665,988
Total Liabilities	2,301,756	1,665,988
Stockholders’ Deficiency:
Common stock, par value $0.01; 30,000,000 shares authorized; 21,592,450 shares issued at July 31, 2012 and 12,455,380 shares issued at July 31, 2011, respectively	215,925	124,554
Contributed capital	80,873,283	79,971,148
Accumulated deficit	(82,522,908)	(80,720,673)
Less: Treasury shares at cost - 2 shares	(131,734)	(131,734)
Total Stockholders’ Deficiency	(1,487,337)	(678,608)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIENCY	814,419	987,380
Series A Cumulative Preferred Stock Member
Stockholders’ Deficiency:
Preferred stock	77,500	77,500
Series B Cumulative Preferred Stock Member
Stockholders’ Deficiency:
Preferred stock	$ 597	$ 597

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Condensed Consolidated Statements of Cash Flows (USD $)	12 Months Ended
	Jul. 31, 2012	Jul. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (1,802,235)	$ (4,322,733)
Adjustments to reconcile net loss to net cash used in operations:
Depreciation	16,560	14,598
Allowance for Doubtful Accounts	(1,000)	32,866
Reserve of obsolete inventory parts	(14,000)	(25,000)
Write down of obsolete inventory parts		50,000
Amortization of common stock issued for services		80,000
Amortization of deferred financing fees		382,132
Amortization of discount of convertible debentures	0	720,687
Induced conversion cost associated with convertible debt		649,147
Employee Stock expense paid directly by a related party	3,600
Employee stock expense	99,000
Common stock issued for services	15,000
Forgiveness of salaries by officers of the company		124,208
Changes in assets and liabilities
(Increase) decrease in accounts receivable	344,688	(441,698)
(Increase) decrease in prepaid expenses	(17,348)	142,364
(Increase) decrease in inventories	(93,746)	411,590
(Increase) decrease in other current assets	259	4,742
Increase (decrease) in accounts payable	790	225,756
Increase (decrease) in accrued expenses	701,327	895,792
NET CASH USED IN OPERATIONS	(747,105)	(1,055,549)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment		(5,899)
NET CASH USED IN INVESTING ACTIVITIES		(5,899)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock and warrants	875,907	100,000
Proceeds from Notes Payable - Officer	115,000	316,350
Payments 0f Notes Payable - Officer	(181,350)	(60,000)
NET CASH PROVIDED BY FINANCING ACTIVITIES	809,557	356,350
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	62,452	(705,098)
CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR	7,907	713,005
CASH AND CASH EQUIVALENTS - END OF YEAR	$ 70,359	$ 7,907

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MAJOR CUSTOMERS (Detail) - Schedule Of Sales To Major Customers (USD $)	12 Months Ended
	Jul. 31, 2012	Jul. 31, 2011
Total Revenue (in Dollars)	$ 831,718	$ 1,691,852
Number of Customers	2	3
Percentage of Total	65.30%	81.20%
Major Customers [Member]
Total Revenue (in Dollars)	$ 543,322	$ 1,373,787

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MAJOR CUSTOMERS (Tables)

12 Months Ended

Jul. 31, 2012

Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]

The following summarizes sales to major customers (each 10% or more of net sales) by the Company:

Fiscal Year Ended	Total Revenue		Sales to Major Customers		Number of Customers		Percentage of Total
July 31, 2012	$	831,718	$	543,322		2		65.3	%
July 31, 2011	$	1,691,852	$	1,373,787		3		81.2	%

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COMMITMENTS (Detail) (USD $)	12 Months Ended	22 Months Ended		12 Months Ended
	Jul. 31, 2012	Dec. 31, 2012	Jul. 31, 2011	Jul. 31, 2012 Chief Executive Officer [Member]	Jul. 31, 2011 Chief Executive Officer [Member]	Jul. 31, 2012 President And Chief Operating Officer [Member]	Jul. 31, 2011 President And Chief Operating Officer [Member]	Jul. 31, 2012 Former Auditors [Member]
Annual Base Salary				$ 450,000		$ 199,000
Increase In Annual Base Salary For Each Year				20,000		3,000
Percentage Of Annual Bonus In Annual Income Before Income Tax Provision				6.00%		6.00%
Officer Salary Forgiveness				0	107,500		24,167
Accrued Salaries, Current				450,000	334,167	158,658	169,150
Salaries, Wages and Officers' Compensation						84,467	61,873
Accrued Liabilities, Current	1,734,329		1,033,002					122,500
Description Of Settlement Of Outstanding Balance Of Auditors	Monthly installment payments of $1,000 commencing March 25, 2011. 8% of all additional net financing received by the Company over the next 22 months beginning February 25, 2011 and ending December 31. 2012. If there is still a remaining balance after December 31, 2012, the balance will be paid in Conolog common stock at the fair market value of the stock on December 31, 2012
Monthly Installment Payments	1,000
Percentage of additional net financing, payable		8.00%
Short-term Debt	$ 90,704

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NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Detail) (USD $)	12 Months Ended
	Jul. 31, 2012	Jul. 31, 2011	Jul. 31, 2010
Operating Income (Loss)	$ (2,011,655)	$ (2,502,084)
Net Cash Provided by (Used in) Operating Activities	(747,105)	(1,055,549)
Working Capital Deficiency	1,558,135
Stockholders' Equity Attributable to Parent	$ (1,487,337)	$ (678,608)	$ 1,706,980

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NATURE OF OPERATIONS AND BASIS OF PRESENTATION

12 Months Ended

Jul. 31, 2012

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION

Conolog Corporation (the “Company”) is in the business of design, manufacturing and distribution of small electronic and electromagnetic components and subassemblies for use in telephone, radio and microwave transmissions and reception, and other communication areas. The Company’s products are used for transceiving various quantities, data and protective relaying functions in industrial, utility and other markets. The Company’s customers include primarily industrial customers, which include power companies located primarily throughout the United States, and various branches of the military.

The Company formed a wholly owned subsidiary, Nologoc Corporation. In September 1998, Nologoc Corporation purchased the assets of Atlas Design, Incorporated. In January, 2001, Nologoc Corporation purchased the assets of Prime Time Staffing, Incorporated and Professional Temp Solutions Incorporated. Atlas Design, Prime Time Staffing and Professional Temp Solutions provided short-term and long-term qualified engineering and technical staff, as well as human resource consulting to various industries. In March 2004, the Company ceased operating its staffing business. The assets of the Company’s wholly-owned subsidiary, Nologoc, Inc. trading as Atlas Design, were sold to the Company’s vice-president of operations of Atlas Design.

Going Concern

The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company has had recurring losses from operations of $2,011,656 and $2,502,084 for the fiscal years ended July 31, 2012and July 31, 2011, respectively, and used cash from operations in the amounts of $747,105for the fiscal year ended July 31, 2012and $1,055,549 for the year ended July 31, 2011, respectively. At July 31, 2012, the Company had negative working capital of $1,558,135and a stockholders’ deficiency of $1,487,337. These factors raise substantial doubt as to the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments that might result from this uncertainty.

The Company plans to raise additional capital through debt and equity placements and increase revenue through new product development. In the event that the Company cannot generate sufficient cash flow from its operations or raise proceeds from offering debt or equity securities, the Company may be forced to curtail or cease its activities. There can be no assurance that the Company will be successful in achieving its goals.

Principles of Consolidation

The consolidated financial statements include the accounts of Conolog Corporation and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated.

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Condensed Consolidated Balance Sheets (Parentheticals) (USD $)	Jul. 31, 2012	Jul. 31, 2011
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	21,592,450	12,455,380
Treasury shares, shares	2	2
Series A Cumulative Preferred Stock Member
Preferred stock, dividend rate	4.00%	4.00%
Preferred stock, shares authorized	500,000	500,000
Preferred stock, shares issued	155,000	155,000
Preferred stock, shares outstanding	155,000	155,000
Preferred stock, par value (in Dollars per share)	$ 0.50	$ 0.50
Series B Cumulative Preferred Stock Member
Preferred stock, shares authorized	500,000	500,000
Preferred stock, shares issued	1,197	1,197
Preferred stock, shares outstanding	1,197	1,197
Preferred stock, par value (in Dollars per share)	$ 0.50	$ 0.50
Preferred stock, dividend rate (in Dollars)	$ 0.90	$ 0.90

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SUBSEQUENT EVENTS

12 Months Ended

Jul. 31, 2012

Subsequent Events [Text Block]

NOTE 11 – SUBSEQUENT EVENTS

The Company has evaluated subsequent events through the date the financial statements were issued and up to the time of filing of the financial statements with the Securities and Exchange Commission.

Between August 1 and November 29, 2012, the Company issued units consisting of 68,000 shares of its common stock and 136,000 warrants valued at $17,000 as part of its secondary private placement offering. Pursuant to Anti-Dilution provisions, the Company is obligated to issue an additional 22,614 shares of its common stock to investors in the Company’s first private placement.

On October 4, 2012, Conolog Corporation issued a promissory note in favor of Robert Benou in the aggregate principal amount of $100,000, consisting of amounts advanced by Mr. Benou to the Company on that date. The note is not interest bearing and is payable on demand.

On November 13, 2012, the Company filed a form 8-K with the Securities and Exchange Commission (“SEC”) stating that in light of the unprecedented interruptions caused by Hurricane Sandy, the Company would be unable to file its Form 10-K by the 12b-25 extension deadline of Monday, November 13, 2012. The next day, the SEC issued press release 2012-226 which states, in part, “Companies that receive an extension on filing Exchange Act annual reports or quarterly reports pursuant to the order will be considered to have a due date of Nov. 21, 2012 for those reports for purposes of Exchange Act Rule 12b-25”.

On November 13, 2012, Mr. Marc R. Benou (“Mr. Benou”) resigned from his position as the Secretary of the Company. Mr. Benou shall remain with the Company in the capacity of President, Chief Operating Officer and Director. Mr. Benou’s resignation is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

On November 13, 2012, the Board approved, by unanimous written consent, the appointment of Mr. Michael Horn as the Company’s Vice President and Secretary. Mr. Horn has been a director of the Company since August 2011.

On November 21, 2012, Conolog Corporation issued a promissory note in favor of Robert Benou in the aggregate principal amount of $98,000, consisting of amounts advanced by Mr. Benou to the Company on that date. The note is not interest bearing and is payable on demand.

On December 11, 2012 the Company entered into agreements to sell up to $2,208,444 of its unused tax losses and received net proceeds of $92,732 related to the sale.

Between August 1, 2012 and January 4, 2013, the Company paid an aggregate amount of $103,000 to Robert Benou as repayment towards his outstanding notes.

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Document And Entity Information (USD $)	12 Months Ended
	Jul. 31, 2012	Dec. 20, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	CONOLOG CORP
Document Type	10-K
Current Fiscal Year End Date	--07-31
Entity Common Stock, Shares Outstanding		21,683,066
Entity Public Float		$ 1,186,802
Amendment Flag	true
Amendment Description	XBRL exhibits
Entity Central Index Key	0000023503
Entity Current Reporting Status	No
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jul. 31, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	FY

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Accounting Policies, by Policy (Policies)

12 Months Ended

Jul. 31, 2012

Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and Equivalents

For the purpose of the statements of cash flows, cash equivalents include time deposits, certificates of deposit and all highly liquid debt instruments with original maturities of three months or less. The Company maintains cash and cash equivalents balances at financial institutions and are insured by the Federal Deposit Insurance Corporation up to $250,000. At times, balances in certain bank accounts may exceed the FDIC insured limits. Cash equivalents consist of highly liquid investments with an original maturity of three months or less when purchased. At July 31, 2012 and 2011, the Company did not have any cash equivalents

Receivables And Allowance For Doubtful Accounts [Policy Text Block]

Receivables and Allowance for Doubtful Accounts

Trade Receivables are non-interest bearing, uncollateralized customer obligations and are stated at the amounts billed to customers. The preparation of financial statements requires our management to make estimates and assumptions relating to the collectivity of our accounts receivable. Management specifically analyzes historical bad debts, customer credit worthiness, current economic trends and changes in our customer payment terms when evaluating the adequacy of the allowance for doubtful accounts. The allowance for doubtful accounts at July 31, 2012 and July 31, 2011, were $- 0 - and $1,000, respectively.

The Company has a concentration risk in trade accounts receivable with significant sales to the government and local agencies. Two customers accounted for approximately 73%and 23% of accounts receivable as of July 31, 2012. Two customers accounted for approximately 93% and 4% of accounts receivable as of July 31, 2011. The credit evaluation process has mitigated the credit risk, such losses have been minimal, and within management expectations

Inventory, Policy [Policy Text Block]

Inventories

Inventories are valued at lower of cost or market using the first-in, first-out (“FIFO”) method. Finished goods costs included raw materials, labor and manufacturing overhead costs. Excess and obsolete inventory costs are expensed and a reserve for slow-moving inventory is made on management’s estimates.

Finished goods are products that have been completed and are awaiting shipment. Work-in-Process represents raw material components that have been requisitioned from the warehouse and are being assembled in the manufacturing area. Raw Materials consist of components parts purchased from various suppliers and are used to build our finished products. Various raw material parts are also maintained to support warranty claims for commercial and military products. Typical raw material products include PC boards, digital screen assemblies, guide rails, capacitors, terminals, power supplies, process chips, resistors, keypads, relays and face plates.

The Company provides a twelve-year warranty on all commercial products and is required by government regulation to design and produce military products with a minimum 25-year operating life in addition to shelf life.

The Company maintains a significant amount of raw material component parts and some of this raw material inventory is not expected to be realized within a twelve month operating cycle from the balance sheet date. For any raw material part which has not been purchased within the last twelve months from the balance sheet date, it is evaluated as part of the slow moving inventory and is part of our inventory reserve review. The Company estimated a usage rate for its raw material component parts for what it expects to use over a 36 month period. Any excess inventory based on this projected usage rate is written off as excess and obsolete. The Company then reserves 100% of the estimated usage that is over 12 months and less than 36 months. Certain raw material parts which have been written down to a zero value, may still be maintained in inventory to satisfy possible requirements under the warranty programs but are valued at zero. The Company evaluates the inventory parts based on their age and usage over a 36 month period to determine inventory obsolescence and reserve adjustments.

Inventory consisted of the following as of July 31, 2012 and July 31, 2011:

	July 31, 2012		July 31, 2011
Finished Goods	$	75,155	$	162,507
Work-in-process		246,211		87,664
Raw materials		210,869		188,318
		532,235		438,489
Less: Inventory reserve		35,000		49,000
Inventory, net	$	497,235	$	389,489

The Company reviews finished goods and raw material inventory on hand and provides a reserve for obsolete product based on the results of the review.

As of July 31, 2012 and July 31, 2011, inventory reserves amounted to $35,000 and $49,000, respectively. For the years ended July 31, 2012 and July 31, 2011, inventory written off as obsolete amounted to $47,143 and $50,000, respectively and charged to cost of sales.

Property, Plant and Equipment, Policy [Policy Text Block]

Property and Equipment

Property and equipment are carried at cost, less allowances for depreciation. Depreciation is computed by the straight-line method over the estimated useful lives of the assets which range between three (3) and thirty-nine(39) years. Depreciation was $16,560 and$14,598 for the fiscal years ended July 31, 2012 and 2011, respectively. Repairs and maintenance expenditures which do not extend the useful lives of the related assets are expensed as incurred. Gains and losses on depreciable assets retired or sold are recognized in the consolidated statement of operations in the year of disposal

Fair Value of Financial Instruments, Policy [Policy Text Block]

Fair Value Measurements

The authoritative guidance for fair value measurements defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or the most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact, and (iv) willing to transact. The guidance describes a fair value hierarchy based on the levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value which are the following:

Level 1 –  Quoted prices in active markets for identical assets or liabilities.

Level 2 –  Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or corroborated by observable market data or substantially the full term of the assets or liabilities.

Level 3 –  Unobservable inputs that are supported by little or no market activity and that are significant to the value of the assets or liabilities.

The Company’s financial instruments include cash and cash equivalents, accounts receivable, other current assets, accounts payable, accrued expenses, and notes payable - officer. All of these items were determined to be Level 1 fair value measurements.

The carrying amounts of cash and equivalents, accounts receivable, other current assets, accounts payable, accrued expenses and notes payable – officer approximates fair value because of the short maturity of these instruments

Deferred Charges, Policy [Policy Text Block]

Deferred Financing Costs

The Company follows authoritative guidance for accounting for financing costs as it relates to convertible debt issuance cost. These costs are deferred and amortized over the term of the debt period or until redemption of the convertible debentures. As of July 31, 2012 and July 31, 2011, $0 of deferred financing costs remained to be amortized. Amortization of deferred financing costs amounted to $0 and $382,132 for the fiscal years ended July 31, 2012 and 2011, respectively

Debt, Policy [Policy Text Block]

Debt Discount

The Company follows the authoritative guidance for accounting for debt discount and valuation of detachable warrants. The Company recognized the value of detachable warrants issued in conjunction with issuance of the secured convertible debenture notes. The Company valued the warrants using the Black-Scholes pricing model. The Company recorded the warrant relative fair value as an increase to additional paid-in capital and discount against the related debt. The discount attributed to the value of the warrants is amortized over the term of the underlying debt using the effective interest method. Amortization of debt discounts amounted to $0 and $720,687 for the fiscal years ended July 31, 2012 and 2011, respectively

Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]

Impairment of Long-Lived Assets

We review our long-lived assets for impairment whenever events and circumstances indicate that the carrying value of an asset might not be recoverable. An impairment loss, measured as the amount by which the carrying value exceeds the fair value, is recognized if the carrying amount exceeds estimated undiscounted future cash flows.

The Company believes its current assumptions and estimates are reasonable and appropriate; however, unanticipated events and changes in market conditions could affect such estimates, resulting in the need for an impairment charge in future periods For the years ended July 31, 2012 and 2011 no such events or circumstances occurred causing an impairment charge

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

Revenue is recorded in accordance with the guidance of the SEC’s Staff Accounting Bulletin (SAB) No. 104, which supersedes SAB No. 101. Revenue from product sales is recognized at the time of shipment (when title and risks and rewards of ownership have passed) upon fulfillment of acceptance terms. Products are not sold on a conditional basis. Therefore, when delivery has occurred the sale is complete, as long as the collection of the resulting receivable is probable

Research and Development Expense, Policy [Policy Text Block]

Research and Development

Research and Development costs are expensed as incurred. Research and Development costs were $80,433 and $68,022 for the fiscal years ended July 31, 2012 and 2011, respectively

Shipping and Handling Cost, Policy [Policy Text Block]

Shipping and Handling Costs

Shipping and handling costs are expensed as incurred and amounted to $10,037 and $16,545 for the fiscal years ended July 31, 2012 and 2011, respectively

Income Tax, Policy [Policy Text Block]

Income Taxes

The Company follows the authoritative guidance for accounting for income taxes. Deferred income taxes are determined using the asset and liability method. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. A valuation allowance is recorded when the expected recognition of a deferred tax asset is considered to be unlikely. The guidance also requires that the Company determine whether it is more likely than not that a tax position will not be sustained upon examination by the appropriate taxing authority. If a tax position does not meet the more likely than not recognition criterion, the guidance requires that the tax position be measured at the largest amount of benefit greater than 50 percent not likely of being sustained upon ultimate settlement. Based on the Company’s evaluation, management has concluded that there are significant uncertain tax positions requiring recognition in the consolidated financial statements with respect to the sale of the Company’s New Jersey Net Operating Loss Carryovers. In the event the Company receives an assessment for interest and/or penalties by major tax jurisdiction it would be classified in the financial statements as general and administrative expense

Other State Tax Benefits [Policy Text Block]

Other State Tax Benefits

In 1998, the State of New Jersey enacted legislation allowing emerging technology and/or biotechnology companies to sell their unused New Jersey Net Operating Loss (“NOL”) Carryover and Research and Development Tax Credits (“R&D” Credits) to corporate taxpayers in New Jersey. During fiscal year ended 2012, the Company entered into agreements to sell its unused NOLs. Recognition of this asset and income have been in accordance with the guidance of SAB Topic 13 and are recorded upon the State of New Jersey’s approval of the technology tax benefit transfer certificate and receipt of a contract to purchase a fixed amount of these NOLs

Product Warranty Disclosure [Text Block]

Warranty

The Company provides a 12 year warranty on its commercial products and 25 years on its military products; the warranty covers parts and labor. The Company, at its option, repairs or replaces products that are found defective during the warranty period provided that proper preventive maintenance procedures have been followed by customers. Repairs necessitated by misuse of such products are not covered by our warranty. In cases of defective products, the customer typically returns them to the Company’s facility in Somerville, New Jersey. The Company’s service personnel will replace or repair the defective items and ship them back to the customer. All servicing is completed at the Company’s main facility and customers are charged a fee for those service items that are not covered by the warranty. We do not offer our customers any formal written service contracts. Our warranty costs have historically been insignificant and therefore a provision was not warranted. Management continues to monitor the costs and will provide a warranty provision if circumstances change

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Stock Based Compensation

The Company follows the authoritative guidance for accounting for stock-based compensation. This guidance requires that new, modified and unvested share-based payment transactions with employees, such as grants of stock options and stock, be recognized in the financial statements based upon their fair value at the grant date and recognized as compensation expense over their vesting periods. The Company also follows the guidance for equity instruments issued to consultants. During the fiscal year ended July 31, 2012, the company issued 1,100,000 shares of Common Stock (par value $0.01) at $.09 per share valued at $99,000. In addition, an officer of the Company granted 45,000 shares at $.07 per share to an employee. This grant was valued at $3,600 and was treated as contributed capital

Earnings Per Share, Policy [Policy Text Block]

Loss Per Share of Common Stock

Basic loss per share of common stock is computed by dividing the Company’s net loss by the weighted average number of shares of Common Stock outstanding during the period. The preferred dividends are not reflected in arriving at the net loss as they are not material and would have no effect on loss per share available to common shareholders. Diluted loss per shares is based on the treasury stock method and includes the effect from potential issuance of common stock such as shares issuable pursuant to the exercise of warrants and conversions of debentures. Potentially dilutive securities at July 31, 2012, consist of 2,502,087 common shares from outstanding warrants and 155,006 common shares from preferred stock. Potentially dilutive securities at July 31, 2011, consisted of 982,837 common shares from outstanding warrants and 155,006 common shares from preferred stock. Diluted and basic weighted average shares are the same, as potentially dilutive shares are anti-dilutive

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The estimates and assumptions made by management are based upon available current information, historical experience and other factors that are believed to be reasonable under the circumstances. The estimates and assumptions made by management involve risks and uncertainties which could cause reported amounts to differ materially from actual future results. If management’s estimates and assumptions are inaccurate, the Company’s reported amounts and disclosures of contingent assets and liabilities could be materially and adversely affected. Management considers its reserve for inventory and accounting for derivative liabilities to be significant estimates

Advertising Costs, Policy, Capitalized Direct Response Advertising [Policy Text Block]

Advertising / Public Relations Costs

Advertising/Public Relations costs are charged to operations when incurred. These expenses were $3,750 and $15,000 for the fiscal years ended July 31, 2012 and 2011, respectively

New Accounting Pronouncements, Policy [Policy Text Block]

Future Impact of Recently Issued Accounting Standards

In July 2012, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2012-02, “Testing Indefinite-Lived Intangible Assets for Impairment” (“ASU 2012-02”). ASU 2012-02 gives entities an option to first assess qualitative factors to determine whether the existence of events and circumstances indicate that it is more likely than not that the indefinite-lived intangible asset impaired. If based on its qualitative assessment an entity concludes that it is more likely than not that the fair value of an indefinite lived intangible asset is less than its carrying amount, quantitative impairment testing is required. However, if an entity concludes otherwise, quantitative impairment testing is not required. ASU is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012, with early adoption permitted. ASU 2012-02 is not expected to have a material impact on the Company’s financial position or results of operations.

In December 2011, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”). ASU 2011-11 enhances current disclosures about financial instruments and derivative instruments that are either offset on the statement of financial position or subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset on the statement of financial position. Entities are required to provide both net and gross information for these assets and liabilities in order to facilitate comparability between financial statements prepared on the basis of U.S. GAAP and financial statements prepared on the basis of IFRS. ASU 2011-11 is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. ASU 2011-11 is not expected to have a material impact on the Company’s financial position or results of operations.

In September 2011, the FASB issued Accounting Standards Update No. 2011-08 (“ASU 2011-08”), which updates the guidance in ASC Topic 350, Intangibles – Goodwill & Other. The amendments in ASU 2011-08 permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than the carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in ASC Topic 350. The more-likely-than-not threshold is defined as having a likelihood of more than fifty percent. If, after assessing the totality of events or circumstances, an entity determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. The amendments in ASU 2011-08 include examples of events and circumstances that an entity should consider in evaluating whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. However, the examples are not intended to be all-inclusive and an entity may identify other relevant events and circumstances to consider in making the determination. The examples in this ASU 2011-08 supersede the previous examples under ASC Topic 350 of events and circumstances an entity should consider in determining whether it should test for impairment between annual tests, and also supersede the examples of events and circumstances that an entity having a reporting unit with a zero or negative carrying amount should consider in determining whether to perform the second step of the impairment test. Under the amendments in ASU 2011-08, an entity is no longer permitted to carry forward its detailed calculation of a reporting unit’s fair value from a prior year as previously permitted under ASC Topic 350. ASU 2011-08 is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. The adoption of ASU 2011-08 did not have a material impact on the Company’s financial position or results of operations.

In May 2011, the FASB issued Accounting Standards Update 2011-04 (“ASU 2011-04”), which updated the guidance in ASC Topic 820, Fair Value Measurement. The amendments in ASU 2011-04 generally represent clarifications of Topic 820, but also include some instances where a particular principle or requirement for measuring fair value or disclosing information about fair value measurements has changed. ASU 2011-04 results in common principles and requirements for measuring fair value and for disclosing information about fair value measurements in accordance with U.S. GAAP and International Financial Reporting Standards. The amendments in ASU 2011-04 are to be applied prospectively. For public entities, the amendments are effective for interim and annual periods beginning after December 15, 2011. The adoption of ASU 2011-04 did not have a material impact on the Company’s financial position or results of operations.

Management does not believe there would have been a material effect on the accompanying financial statements had any other recently issued, but not yet effective, accounting standards been adopted in the current period

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Condensed Consolidated Statements of Operations (USD $)	12 Months Ended
	Jul. 31, 2012	Jul. 31, 2011
OPERATING REVENUES
Product revenue	$ 831,718	$ 1,691,852
Cost of product revenue
Cost of goods sold	429,427	1,175,038
Total Cost of product revenue	429,427	1,175,038
Gross Profit	402,291	516,814
OPERATING EXPENSES
General and administrative	2,017,512	2,685,049
Research and development	80,433	68,022
Selling expenses	316,001	265,827
Total operating expenses	2,413,946	3,018,898
Loss from Operations	(2,011,655)	(2,502,084)
OTHER INCOME (EXPENSES)
Interest expense	(17,207)	(75,230)
Interest income	75	339
Other income - legal settlement	191	10,000
Induced conversion cost		(649,147)
Amortization of financing fees		(382,132)
Amortization of debt discount	0	(720,687)
Total Other Income (Expense)	(16,941)	(1,816,857)
Loss before provision for income taxes	(2,028,596)	(4,318,941)
Income tax benefit (expense)	226,361	(3,792)
NET LOSS APPLICABLE TO COMMON SHARES	$ (1,802,235)	$ (4,322,733)
NET LOSS PER COMMON SHARE Basic and Diluted (in Dollars per share)	$ (0.10)	$ (0.43)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING Basic and Diluted (in Shares)	18,928,799	10,104,933

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MAJOR CUSTOMERS

12 Months Ended

Jul. 31, 2012

Segment Reporting Disclosure [Text Block]

NOTE 6 - MAJOR CUSTOMERS

The following summarizes sales to major customers (each 10% or more of net sales) by the Company:

Fiscal Year Ended	Total Revenue		Sales to Major Customers		Number of Customers		Percentage of Total
July 31, 2012	$	831,718	$	543,322		2		65.3	%
July 31, 2011	$	1,691,852	$	1,373,787		3		81.2	%

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STOCK-BASED COMPENSATION

12 Months Ended

Jul. 31, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

NOTE 5 – STOCK-BASED COMPENSATION

2002 Stock Option Plan

On April 23, 2002, the Board of Directors of the Company adopted the 2002 Stock Option Plan (“the 2002 Plan”). Under the 2002 Plan, the Company may grant up to 158 shares of common stock as either incentive stock options under Section 422A of the Internal Revenue Code or nonqualified stock options. Subject to the terms of the 2002 Plan, options may be granted to eligible persons at any time and under such terms and conditions as determined by the 2002 Stock Option Committee (‘the Committee”). Unless otherwise determined by the Committee, each stock option shall terminate no later than ten years (or such shorter time as may be fixed by the Committee) after the date in which it was granted. The exercise price for incentive stock options must be at least one hundred percent (100%) of the fair market value of common stock as determined on the date of the grant. The exercise price for nonqualified stock options may not be granted at less than eighty-five percent (85%) of the fair market value of the shares on the date of grant.

The Plan terminated in April 2012.

As of July 31, 2012 and July 31, 2011, there had been no shares granted under the 2002 Plan.

Stock Incentive Plans

The Company has Stock Incentive Plans pursuant to which the Company may grant a number of shares of the Company’s Common Stock to the Company’s officers, directors, employees and consultants. The Company’s 2008 and 2009 Stock Incentive Plan was approved by its shareholders, authorizing the Board to, from time-to-time, issue up to 800,000 shares of the Company’s Common Stock to the Company’s officers, directors, employees and consultants under each plan.

The specific number of shares of the Company’s Common Stock granted to any officer, director, employee or consultant will be determined by the Board.

Pursuant to the Corporation’s 2009 Stock Incentive Plan, no common shares of Company stock were issued to current officers, directors, employees and consultants for the fiscal years ended July 31, 2012 and July 31, 2011.

Securities Issued for Services

During December of 2011, the company granted to employees, officers, and directors 1,100,000 shares of Common Stock priced at $.09 per share and 45,000 shares priced at $.07 per share for an aggregate expense of $102,600.

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SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION (Tables)

12 Months Ended

Jul. 31, 2012

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

	Fiscal Year Ended July 31, 2012		Fiscal Year Ended July 31, 2011
CASH PAID DURING THE PERIOD FOR:
Interest expense	$	2,207	$	25
Income Taxes	$	6,384	$	—
SUPPLEMENTAL DISCLOSURE OF NONCASH ACTIVITIES:
None	$	—	$	—

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jul. 31, 2012

Schedule of Inventory, Current [Table Text Block]

Inventory consisted of the following as of July 31, 2012 and July 31, 2011:

	July 31, 2012		July 31, 2011
Finished Goods	$	75,155	$	162,507
Work-in-process		246,211		87,664
Raw materials		210,869		188,318
		532,235		438,489
Less: Inventory reserve		35,000		49,000
Inventory, net	$	497,235	$	389,489

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SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

12 Months Ended

Jul. 31, 2012

Cash Flow, Supplemental Disclosures [Text Block]

NOTE 9 – SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

	Fiscal Year Ended July 31, 2012		Fiscal Year Ended July 31, 2011
CASH PAID DURING THE PERIOD FOR:
Interest expense	$	2,207	$	25
Income Taxes	$	6,384	$	—
SUPPLEMENTAL DISCLOSURE OF NONCASH ACTIVITIES:
None	$	—	$	—

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COMMITMENTS

12 Months Ended

Jul. 31, 2012

Commitments and Contingencies Disclosure [Text Block]

NOTE 7 – COMMITMENTS

EMPLOYMENT CONTRACTS

The Company’s Chief Executive Officer is serving under an employment agreement commencing June 1, 1997 and ending May 31, 2002, which pursuant to its terms, renews for one-year terms until cancelled by either the Company or the Chief Executive Officer. His annual base salary as of July 31, 2012, was $450,000 and increases by $20,000 annually on January 1^st of each year. In addition, the Chief Executive Officer is entitled to an annual bonus equal to 6% of the Company’s annual “income before income tax provision” as stated in its annual Form 10-K. The employment agreement also entitles Chief Executive Officer to the use of an automobile and to employee benefit plans, such as; life, health, pension, profit sharing and other plans. Under the employment agreement, employment terminates upon death or disability of the employee and the employee may be terminated by the Company for cause. During the fiscal years ended July 31, 2012, and 2011, the Company’s CEO did not receive any payment of his salary and forgave $0 and $107,500 of his salary, respectively. The Company has accrued and expensed $450,000 for the unpaid portion of his salary for the fiscal year ended July 31, 2012 and accrued and expensed $334,167 for the unpaid portion of his salary for the fiscal year ended July 31, 2011.

The Company’s President and Chief Operating Officer is serving under an employment agreement commencing May 3, 2012 and ending May 3, 2016, which pursuant to its terms, renews for one-year terms until cancelled by either the Company or employee. His annual base salary as of July 31, 2012 was $199,000 and he receives annual increases of $3,000 on May 3rd of each year. The Company’s President and Chief Operating Officer is entitled to an annual bonus equal to 6% of the Company’s annual “income before income tax provision” as stated in its annual Form 10-K. The employment agreement also entitles him to the use of an automobile and to employee benefit plans, such as life, health, pension, profit sharing and other plans. Under the employment agreement, employment is terminated upon death or disability of the employee and employee may be terminated by the Company for cause. During the fiscal years ended July 31, 2012 and 2011, the Company’s President and Chief Operating Officer was paid $84,467 and $61,873 of his salary, respectively. During the fiscal year ended July 31, 2011, the Company’s president forgave $24,167 of his salary. The Company has accrued and expensed $158,658 for the unpaid portion of his salary for the fiscal year ended July 31, 2012 and accrued and expensed $169,150 for the unpaid portion of his salary for the fiscal year ended July 31, 2011..

INSTALLMENT AGREEMENT:

The Company has an outstanding balance with its former auditors Withum, Smith & Brown and has agreed to pay the balance of $122,500 as follows:

• Monthly installment payments of $1,000 commencing March 25, 2011.

• 8% of all additional net financing received by the Company over the next 22 months beginning February 25, 2011 and ending December 31. 2012.

• If there is still a remaining balance after December 31, 2012, the balance will be paid in Conolog common stock at the fair market value of the stock on December 31, 2012.

As of July 31, 2012, the remaining balance on this indebtedness was $90,704, which is included as part of accrued expenses on the Balance Sheet.

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NOTES PAYABLE - OFFICER

12 Months Ended

Jul. 31, 2012

Related Party Transactions Disclosure [Text Block]

NOTE 8 – LOANS FROM OFFICERS

On July 28, 2011, Conolog Corporation issued two promissory notes in favor of Robert Benou in the aggregate principal amount of $256,350, consisting of amounts advanced by Mr. Benou to the Company between January 24, 2011 and July 18, 2011.

During the year ended July 31, 2012, the Company made repayments to Robert Benou totaling $181,350 for loans made by him during the year ended July 31, 2011.

On March 23, 2012, Conolog Corporation issued a promissory note in favor of Robert Benou in the aggregate principal amount of $100,000, consisting of amounts advanced by Mr. Benou to the Company on that date.

On July 16, 2012, Conolog Corporation issued a promissory note in favor of Robert Benou in the aggregate principal amount of $15,000, consisting of amounts advanced by Mr. Benou to the Company on that date.

Mr. Benou is the Chief Executive Officer and Chairman of the Company. The Notes are payable on demand and do not bear interest. The Notes are subject to various default provisions, and the occurrence of such an Event of Default will cause the outstanding principal amount under the Note, together with any and all other amounts payable under the Note, to become immediately due and payable to Mr. Benou. The outstanding balance as of July 31, 2012, was $190,000.

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PROFIT SHARING PLAN

12 Months Ended

Jul. 31, 2012

Profit Sharing Plan Disclosure [Text Block]

NOTE 10– PROFIT SHARING PLAN

The Company sponsors a contributing thrift and savings plan which qualifies under Section 401(k) of the Internal Revenue Code that covers eligible employees meeting age and service requirements. Eligible participating employees may elect to contribute up to the maximum allowed under the IRS code to an investment trust. Employer contributions to the plan are discretionary and determined annually by management. The Company did not make any matching contributions to the plan for either the fiscal year ended July 31, 2012 or the fiscal year ended July 31, 2011.

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STOCK-BASED COMPENSATION (Detail) (USD $)	1 Months Ended		12 Months Ended			1 Months Ended
	Dec. 31, 2011	Dec. 31, 2011	Jul. 31, 2012	Jul. 31, 2012 Stock Option Plan 2002 [Member]	Apr. 23, 2002 Stock Option Plan 2002 [Member]	Dec. 31, 2011 Stock Incentive Plan [Member]	Dec. 31, 2011 Stock Incentive Plan [Member]	Jul. 31, 2011 Stock Incentive Plan [Member]	Dec. 31, 2011 Convertible Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized					158			800,000
Description Of Exercise Price For Incentive Stock Options				The exercise price for incentive stock options must be at least one hundred percent (100%) of the fair market value of common stock as determined on the date of the grant
Description Of Exercise Price For Nonqualified Stock Options				The exercise price for nonqualified stock options may not be granted at less than eighty-five percent (85%) of the fair market value of the shares on the date of grant
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period	45,000	45,000	45,000			1,100,000	1,100,000
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price (in Dollars per share)	$ 0.07	$ 0.07	$ 0.09						$ 0.09
Allocated Share-based Compensation Expense (in Dollars)	$ 102,600	$ 102,600	$ 99,000

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STOCKHOLDERS' EQUITY (DEFICIENCY) (Tables)

12 Months Ended

Jul. 31, 2012

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes the warrants activities:

	Number of shares			Weighted Average Exercise price		Weighted Average Remaining contractual term in years		Aggregated Intrinsic Value
Outstanding at July 31, 2010		2,939,036		$	1.47		4.47	$	961.539
Granted		—			—		—		—
Exercised		(1,955,782	)	$	.60		—		—
Cancelled / Expired		(417	)	$	25.00		—		—
Outstanding at July 31, 2011		982,837		$	3.40		3.24	$	—
Granted		1,604,000		$	0.01		2.42	$	112,280
Exercised		—			—		—		—
Cancelled / Expired		(84,750	)	$	21.00		—		—
Outstanding at July 31, 2012		2,502,087		$	.63		2.44	$	112,280

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail) - Schedule of inventory (USD $)	Jul. 31, 2012	Jul. 31, 2011
Finished Goods	$ 75,155	$ 162,507
Work-in-process	246,211	87,664
Raw materials	210,869	188,318
	532,235	438,489
Less: Inventory reserve	35,000	49,000
Inventory, net	$ 497,235	$ 389,489

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Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficiency) (USD $)	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Total
Balance - Dollars at Jul. 31, 2010	$ 77,500	$ 597	$ 69,679	$ 78,088,878	$ (76,397,940)	$ (131,734)	$ 1,706,980
Balance - Shares (in Shares) at Jul. 31, 2010	155,000	1,197	6,967,881			2
Conversion of convertible debentures and accrued interest			35,630	1,677,307			1,712,937
Conversion of convertible debentures and accrued interest (in Shares)			3,562,999
Issuance of common stock in exercise of Class C warrants in cashless transaction			16,467	(16,467)
Issuance of common stock in exercise of Class C warrants in cashless transaction (in Shares)			1,646,723
Sale of common stock to officer			2,778	97,222			100,000
Sale of common stock to officer (in Shares)			277,777
Forgiveness of officers salary				124,208			124,208
Net loss for the Year					(4,322,733)		(4,322,733)
Balance - Dollars at Jul. 31, 2011	77,500	597	124,554	79,971,148	(80,720,673)	(131,734)	(678,608)
Balance - Shares (in Shares) at Jul. 31, 2011	155,000	1,197	12,455,380			2
Issuance of Common Stock and Warrants Pursuant to Private Placements			75,561	800,346			875,907
Issuance of Common Stock and Warrants Pursuant to Private Placements (in Shares)			7,556,072
Issuance of Common Stock for Services			6,943	51,257			58,200
Issuance of Common Stock for Services (in Shares)			694,286
Issuance of Common Stock for Services - Related Parties and Directors			6,200	49,600			55,800
Issuance of Common Stock for Services - Related Parties and Directors (in Shares)			620,000
Contributed capital - related party in consideration for services rendered				3,600			3,600
Issuance of Anti-Dilution shares (in Dollars per share)			$ 2,667	$ (2,667)
Issuance of Anti-Dilution shares (in Shares)			266,712
Net loss for the Year					(1,802,235)		(1,802,235)
Balance - Dollars at Jul. 31, 2012	$ 77,500	$ 597	$ 215,925	$ 80,873,283	$ (82,522,908)	$ (131,734)	$ (1,487,337)
Balance - Shares (in Shares) at Jul. 31, 2012	155,000	1,197	21,592,450			2

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STOCKHOLDERS' EQUITY (DEFICIENCY)

12 Months Ended

Jul. 31, 2012

Stockholders' Equity Note Disclosure [Text Block]

NOTE 4 – STOCKHOLDERS’ DEFICIENCY

On January 6, 2011, Conolog Corporation (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with Robert Benou, the Company’s Chief Executive Officer and Chairman of the Company’s Board of Directors, pursuant to which the Company sold to Robert Benou a total of 277,777 shares of its Common Stock at a price per share of $0.36 for an aggregate purchase price of $100,000.

At various times during the year ended July 31, 2011, $1,000,000 of convertible debt was converted into 3,333,333 shares of common stock.

At various times during the year ended July 31, 2011, $88,177 of interest expense was converted into 229,666 shares of common stock.

At various times during the year ended July 31, 2011, an aggregate 1,955,782 Class C Warrants were exercised in cashless exercises into 1,646,723 shares of common stock.

On January 31, 2011, the Company received notice from the Listing Qualifications Staff of the NASDAQ Stock Market (“NASDAQ”) indicating that the Company had failed to regain compliance with NASDAQ Listing Rule 5550(b), which requires the Company to have a minimum of $2,500,000 in stockholders’ equity (the “Rule”), and that, accordingly, its common stock will be delisted from The NASDAQ Capital Market and that trading of its common stock was suspended, effective with the open of business on February 2, 2011. The Company securities have traded on the OTCQB under the symbol “CNLG” since the suspension of trading on NASDAQ. The Company intends to continue to file periodic reports with the SEC pursuant to the requirements of the Securities Exchange Act of 1934, as amended.

During December of 2011, the company granted to employees, officers, and directors 1,100,000 shares of Common Stock priced at $.09 per share and 45,000 shares priced at $.07 per share for an aggregate expense of $102,600.

Between October 4, 2011 and May 24, 2012, the Company issued and sold an aggregate of 6,754,072 of its common stock for $675,407, in a first private placement offering. This offering contains an “Anti-Dilution” provision that calls for the issuance of additional shares to the investors, if the company issues or sells additional common shares on or before December 31, 2012. The number of shares to be issued will be such that each investor’s percentage of ownership remains the same as it was before the additional common shares were issued or sold.

On May 3, 2012, the Board of Directors authorized the issuance of 214,286 shares, valued at $15,000, of the Company’s common stock (par value $.01) to a vendor for payment of a previously recorded expense.

Between May 14, 2012 and July 31, 2012, the Company issued and sold units containing an aggregate of 802,000 shares of its common stock and 1,604,000, 2 year warrants with an exercise price of $.01 for $200,500, in a second private placement offering. These warrants are not exercisable until January 1, 2013 and will expire on December 31, 2014. In addition, subject to the terms of the first private placement the Company is obligated to issue to the investors in the first private placement 266,712 anti-dilution shares at $.01 par value. These shares have been recorded and are included in the financial statements as of July 31, 2012.

The Series A Preferred Stock provides 4% cumulative dividends, which were $133,183 ($0.86 per share) and $130,083 ($0.84 per shares) in arrears at July 31, 2012 and July 31, 2011, respectively. In addition, each share of Series A Preferred Stock may be exchanged for one share of Common Stock upon surrender of the Preferred Stock and payment of $5,760,000 (due to reverse stock splits) per share. The Company may redeem the Series A Preferred Stock at $.50 per share plus accrued and unpaid dividends. The liquidation preference of the Series A Preferred Stock was $210,683 and $207,583 at July 31, 2012 and July 31, 2011, respectively.

The Series B Preferred Stock provides cumulative dividends of $0.90 per share, which were $44,250 ($36.97 per share) and $43,173 ($36.07 per share) in arrears at July 31, 2012 and July 31, 2011, respectively. In addition, each share of Series B Preferred Stock is convertible into .005 of one share of Common Stock. The liquidation preference of the Series B Preferred Stock is the dividend in arrears plus $15 per share. The liquidation preference was $62,205 and $61,128 at July 31, 2012 and July 31, 2011, respectively.

The following table summarizes the warrants activities:

	Number of shares			Weighted Average Exercise price		Weighted Average Remaining contractual term in years		Aggregated Intrinsic Value
Outstanding at July 31, 2010		2,939,036		$	1.47		4.47	$	961.539
Granted		—			—		—		—
Exercised		(1,955,782	)	$	.60		—		—
Cancelled / Expired		(417	)	$	25.00		—		—
Outstanding at July 31, 2011		982,837		$	3.40		3.24	$	—
Granted		1,604,000		$	0.01		2.42	$	112,280
Exercised		—			—		—		—
Cancelled / Expired		(84,750	)	$	21.00		—		—
Outstanding at July 31, 2012		2,502,087		$	.63		2.44	$	112,280

On June 18, 2010, the Company entered into an amendment with the holders of its outstanding convertible debentures and warrants. Pursuant to the amendments, the parties agreed to the following: (i) remove the above provision which allowed for an adjustment to the conversion price of the debentures or exercise price of the debentures, (ii) the conversion feature of the February 2010 debentures were adjusted to a fixed conversion price $0.60, (iii) the exercise price of the outstanding Class C warrants shall be adjusted from $1.12 to $0.50 per share, (iv) the exercise price of the outstanding selling agent warrants shall be adjusted from $1.12 to $0.60 per share.

As a result of the June 18, 2010 amendments the embedded conversion features of the debentures and the warrants were considered indexed to the Company’s stock. Accordingly, the outstanding derivative liabilities were reclassified to additional paid in capital at their fair value on June 18, 2010 with the change in fair value being recorded in the statement of operations.

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INCOME TAXES (Detail) (USD $)	12 Months Ended
	Dec. 11, 2012	Jul. 31, 2012	Jul. 31, 2011	Jul. 31, 2010
Maximum Sale Of Unused Tax Losses	$ 2,208,444	$ 5,707,131
Net Proceeds From Sale Of Unused Tax Losses	92,732	227,945
Income Tax Expense (Benefit)		(226,361)	3,792
Recorded Percentage Of Deferred Tax Asset To Valuation Allowance		100.00%	100.00%
Unrecognized Tax Benefits		135,000	135,000	135,000
Income Tax Examination, Interest Accrued		31,000	16,000
Income Tax Examination, Interest Expense		15,000	11,000
Federal Income Tax [Member]
Operating Loss Carryforwards		30,341,000	29,218,000
State and Local Jurisdiction [Member]
Operating Loss Carryforwards		4,242,000	9,223,000
New Jersey State [Member] | NJ NOL Sale [Member]
Income Tax Expense (Benefit)		227,945
New Jersey State [Member]
Income Tax Expense (Benefit)		6,384	3,792
Proceeds from Income Tax Refunds		$ 4,800

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SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION (Detail) - Schedule of Supplemental Disclosure of Cash Flows (USD $)	12 Months Ended
	Jul. 31, 2012	Jul. 31, 2011
CASH PAID DURING THE PERIOD FOR:
Interest expense	$ 2,207	$ 25
Income Taxes	6,384
SUPPLEMENTAL DISCLOSURE OF NONCASH ACTIVITIES:
None

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INCOME TAXES (Tables)

12 Months Ended

Jul. 31, 2012

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The income tax (benefit) is comprised of the following:

	2012			2011
Current:
Federal	$	—		$	—
State		(226,361	)		3,792
Deferred:
Federal		—			—
State		—			—
Total tax benefit	$	(226,361	)	$	3,792

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The U.S. federal statutory income tax rate is reconciled to the effective rate at July 31, 2012 and 2011, as follows:

	2012			2011
Income tax expense at U.S. federal statutory rate		(34.0	%)		(34.0	%)
New Jersey state statutory rate		(5.8	%)		(5.8	%)
Change in valuation allowance		23.6	%		22.6	%
Loss on derivative financial instruments		0.0	%		0.0	%
Common stock issue for services		2.3	%		0.7	%
Amortization of debt discount and deferred financing fees		0.0	%		10.2	%
Benefits and modification of debt		0.0	%		0.0	%
Induced conversion cost		0.0	%		6.2	%
Effective tax benefit		(13.9	)%		0.1	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of the net deferred tax assets (liabilities) at July 31, 2012 and 2011 are as follows:

	2012			2011
Deferred tax asset
Net operating loss	$	10,633,000		$	10,689,000
Reserves		14,000			20,000
Total deferred tax assets		10,677,000			10,709,000
Deferred tax liability		—			—
Net deferred tax asset		10,677,000			10,709,000
Less: Valuation allowance		(10,677,000	)		(10,709,000	)
Net deferred tax asset	$	—		$	—

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	July 31, 2012		July 31, 2011
Balance at beginning of period	$	135,000	135,000
Additions based on tax positions related to current year		—	—
Balance at end of period	$	135,000	135,000