Leases (Tables)

12 Months Ended

Jul. 31, 2024

Leases [Abstract]

Schedule of lease Agreement Include Rental Payments

Certain of the Company’s lease agreements include rental payments adjusted periodically for inflation or a market rate, which are included in the lease liabilities.

Leases	Balance Sheet Classification	July 31, 2024		July 31, 2023
Assets
Operating	Right-of-use assets	$	2,836	$	3,626
Total lease assets		$	2,836	$	3,626
Liabilities
Current:
Operating	Current portion of operating lease liabilities	$	841	$	980
Non-current:
Operating	Operating lease liabilities, non-current		2,403		3,160
Total lease liabilities		$	3,244	$	4,140

Schedule of Components of Lease

Components of lease cost were as follows for the years ended July 31,:

Lease Cost	2024		2023
Operating lease cost – net (a)	$	548	$	689

(a) Primarily calculated using the Company’s incremental borrowing rate.

Schedule of Maturities of the Company’s Lease Liabilities

The maturity of the Company’s lease liabilities as of July 31, 2024 is as follows:

Maturity of lease liabilities, years ending July 31,	Operating leases
2025	$	978
2026		886
2027		881
2028		808
Total lease payments		3,553
Less: Interest (a)		(309	)
Present value of lease liabilities	$	3,244

(a) Primarily calculated using the Company’s incremental borrowing rate.

Schedule of Lease Term and Discount Rate

Lease term and discount rate were as follows for the years ended July 31,:

Lease term and discount rate	2024			2023
Weighted-average remaining lease term (years):
Operating leases		3.8 years			3.9 years
Weighted-average discount rate:
Operating leases		5.2	%		5.1	%