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DISCONTINUED OPERATIONS
9 Months Ended
Apr. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS

3. DISCONTINUED OPERATIONS

 

On May 3, 2019 the Company exchanged its inventory for forgiveness of accrued unpaid rent. Concurrent with the inventory exchange, management with the appropriate level of authority determined to discontinue the operations of the product segment.

 

The detail of the condensed consolidated balance sheets for the discontinued operations is as stated below (in thousands):

 

   As of
April 30, 2022
   As of
July 31, 2021
 
Current liabilities – discontinued operations          
Accounts payable and accrued expenses  $51   $51 
Total current liabilities – discontinued operations   51    51 
Total liabilities – discontinued operations  $51   $51