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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2021
Jul. 31, 2020
Current assets:    
Cash and cash equivalents $ 58,117 $ 58,317
Accounts receivable, trade, net of allowance for doubtful accounts of $49 and $134 at July 31, 2021 and 2020, respectively 36,547 49,857
Inventories, net 9,043 10,518
Funds held for clients 8,212 18,755
Prepaid expenses and other current assets 4,958 4,357
Current assets of discontinued operations 96,522 81,739
Total current assets 213,399 223,543
Property and equipment, net 4,616 6,943
Operating lease right-of-use assets 18,253 22,189
Other assets 5,692 3,761
Long-term assets of discontinued operations 434,421 502,736
Total assets 676,381 759,172
Current liabilities:    
Accounts payable 29,829 46,168
Accrued expenses 32,653 34,834
Funds held for clients 8,212 18,755
Current lease obligations 9,630 10,266
Other current liabilities 14,277 20,952
Current liabilities of discontinued operations 123,392 118,957
Total current liabilities 217,993 249,932
Convertible note payable 9,343 8,054
Long-term lease obligations 8,719 11,826
Other long-term liabilities 3,863 4,358
Long-term liabilities of discontinued operations 395,071 401,004
Total long-term liabilities 416,996 425,242
Total liabilities 634,989 675,174
Commitments and contingencies (Note 10)
Contingently redeemable preferred stock, $0.01 par value per share. 35,000 shares authorized, issued and outstanding at July 31, 2021 and 2020 35,180 35,180
Stockholders' equity:    
Preferred stock, $0.01 par value per share. 4,965,000 shares authorized at July 31, 2021 and 2020; zero shares issued and outstanding at July 31, 2021 and 2020 0 0
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 63,099,496 issued and outstanding shares at July 31, 2021; 62,787,919 issued and outstanding shares at July 31, 2020 632 628
Additional paid-in capital 7,478,638 7,478,047
Accumulated deficit (7,480,220) (7,433,700)
Accumulated other comprehensive income 7,162 3,843
Total stockholders' equity 6,212 48,818
Total liabilities, contingently redeemable preferred stock and stockholders' equity $ 676,381 $ 759,172