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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2023
Jul. 31, 2022
Current Assets    
Cash and cash equivalents $ 62,738 $ 53,142
Accounts receivable, trade, net of allowance for doubtful accounts of $1,177 and $44 at April 30, 2023 and July 31, 2022, respectively 36,948 40,083
Inventories, net 6,919 8,151
Funds held for clients 3,158 4,903
Prepaid expenses and other current assets 4,985 3,551
Total current assets 114,748 109,830
Property and equipment, net 3,401 3,534
Operating lease right-of-use assets 28,892 19,655
Other assets 3,899 4,730
Total assets 150,940 137,749
Current Liabilities    
Accounts payable 26,290 30,553
Accrued expenses 29,154 28,396
Funds held for clients 3,064 4,903
Current lease obligations 7,994 6,466
Other current liabilities 13,760 13,482
Total current liabilities 80,262 83,800
Convertible note payable 11,586 11,047
Long-term lease obligations 21,260 12,945
Other long-term liabilities 5,546 3,983
Total long-term liabilities 38,392 27,975
Total liabilities 118,654 111,775
Series C redeemable preferred stock, $0.01 par value per share. 35,000 shares authorized, issued and outstanding at April 30, 2023 and July 31, 2022 35,175 35,180
Stockholders' deficit:    
Series C convertible preferred stock, $0.01 par value per share. 4,965,000 shares authorized at April 30, 2023 and July 31, 2022; zero shares issued and outstanding at April 30, 2023 and July 31, 2022 0 0
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 60,942,460 issued and outstanding shares at April 30, 2023; 60,529,558 issued and outstanding shares at July 31, 2022 609 605
Additional paid-in capital 7,479,891 7,479,366
Accumulated deficit (7,487,450) (7,493,317)
Accumulated other comprehensive income 4,061 4,140
Total stockholders' deficit (2,889) (9,206)
Total liabilities, redeemable preferred stock and stockholders' deficit $ 150,940 $ 137,749