FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES (Tables)

9 Months Ended

Apr. 30, 2019

Fair Value Disclosures [Abstract]

Financial Assets Measured at Fair Value on Recurring Basis and Classified by Fair Value Hierarchy

The following tables present the Company’s financial assets measured at fair value on a recurring basis as of April 30, 2019 and July 31, 2018, classified by fair value hierarchy:

			Fair Value Measurements at Reporting Date Using
(In thousands)	April 30, 2019		Level 1		Level 2		Level 3
Assets:
Money market funds	$	365	$	365	$	—	$	—

			Fair Value Measurements at Reporting Date Using
(In thousands)	July 31, 2018		Level 1		Level 2		Level 3
Assets:
Money market funds	$	47,186	$	47,186	$	—	$	—

Notes Payable not Carried at Fair Value

The following table presents the Company’s Notes payable which were not carried at fair value:

	July 31, 2018
	Carrying Amount		Fair Value		Fair Value Hierarchy
Notes payable	$	64,530	$	66,658	Level 1