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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2023
Jul. 31, 2022
Current Assets    
Cash and cash equivalents $ 62,427 $ 53,142
Accounts receivable, trade, net of allowance for doubtful accounts of $1,008 and $44 at January 31, 2023 and July 31, 2022, respectively 37,180 40,083
Inventories, net 8,916 8,151
Funds held for clients 4,354 4,903
Prepaid expenses and other current assets 5,223 3,551
Total current assets 118,100 109,830
Property and equipment, net 3,493 3,534
Operating lease right-of-use assets 30,538 19,655
Other assets 3,981 4,730
Total assets 156,112 137,749
Current Liabilities    
Accounts payable 32,805 30,553
Accrued expenses 25,632 28,396
Funds held for clients 4,323 4,903
Current lease obligations 7,665 6,466
Other current liabilities 15,031 13,482
Total current liabilities 85,456 83,800
Convertible note payable 12,104 11,047
Long-term lease obligations 22,904 12,945
Other long-term liabilities 5,222 3,983
Total long-term liabilities 40,230 27,975
Total liabilities 125,686 111,775
Contingently redeemable preferred stock, $0.01 par value per share. 35,000 shares authorized, issued and outstanding at January 31, 2023 and July 31, 2022 35,180 35,180
Stockholders' deficit:    
Preferred stock, $0.01 par value per share. 4,965,000 shares authorized at January 31, 2023 and July 31, 2022; zero shares issued and outstanding at January 31, 2023 and July 31, 2022 0 0
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 60,784,589 issued and outstanding shares at January 31, 2023; 60,529,558 issued and outstanding shares at July 31, 2022 607 605
Additional paid-in capital 7,479,719 7,479,366
Accumulated deficit (7,489,960) (7,493,317)
Accumulated other comprehensive income 4,880 4,140
Total stockholders' deficit (4,754) (9,206)
Total liabilities, contingently redeemable preferred stock and stockholders' deficit $ 156,112 $ 137,749