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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ 4,957,000 $ (19,494,000)
Less: Loss from discontinued operations, net of tax 0 (18,511,000)
Net income (loss) from continuing operations 4,957,000 (983,000)
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Depreciation 459,000 630,000
Amortization of deferred financing costs 12,000 34,000
Accretion of debt discount 510,000 386,000
Share-based compensation 177,000 191,000
Non-cash lease expense 2,230,000 2,391,000
Bad debt expense (recovery) 960,000 (5,000.0)
Other (gains) losses, net (2,885,000) 481,000
Changes in operating assets and liabilities:    
Accounts receivable, net 3,026,000 (875,000)
Inventories, net (1,077,000) (624,000)
Prepaid expenses and other current assets (168,000) 737,000
Accounts payable, accrued restructuring and accrued expenses 1,553,000 (2,039,000)
Refundable and accrued income taxes, net 118,000 (268,000)
Other assets and liabilities (1,620,000) (3,876,000)
Net cash provided by (used in) operating activities 8,252,000 (3,820,000)
Cash flows from investing activities:    
Additions of property and equipment (548,000) (363,000)
Proceeds from the disposition of property and equipment 16,000 0
Net cash used in investing activities (532,000) (363,000)
Cash flows from financing activities:    
Preferred dividend payments (537,000) (537,000)
Repayments on capital lease obligations (19,000) (18,000)
Proceeds from issuance of common stock 0 1,000
Net cash used in financing activities (556,000) (554,000)
Net effect of exchange rate changes on cash, cash equivalents and restricted cash (405,000) (121,000)
Net increase (decrease) in cash, cash equivalents and restricted cash 6,759,000 (4,858,000)
Cash, cash equivalents and restricted cash, beginning of period 58,045,000 66,329,000
Cash, cash equivalents and restricted cash, end of period 64,804,000 61,471,000
Cash and cash equivalents, end of period 59,948,000 54,940,000
Restricted cash for funds held for clients, end of period 4,856,000 6,531,000
Cash flows from discontinued operations:    
Operating activities 0 (6,606,000)
Investing activities 0 (4,318,000)
Financing activities 0 (1,500,000)
Net cash used in discontinued operations $ 0 $ (12,424,000)