CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 31, 2023	Jul. 31, 2022
Current assets:
Cash and cash equivalents	$ 121,372	$ 53,142
Accounts receivable, trade, net of allowance for credit losses of $219 and $44 at July 31, 2023 and 2022, respectively	28,616	40,083
Inventories, net	8,569	8,151
Funds held for clients	2,031	4,903
Prepaid expenses and other current assets	158,686	3,551
Total current assets	319,274	109,830
Property and equipment, net	3,698	3,534
Operating lease right-of-use assets	27,098	19,655
Other intangible assets, net	34,589	0
Goodwill	22,785	0
Other assets	3,737	4,730
Total assets	411,181	137,749
Current liabilities:
Accounts payable	26,514	30,553
Accrued expenses	26,774	28,396
Funds held for clients	1,949	4,903
Current lease obligations	7,973	6,466
Other current liabilities	4,544	13,482
Total current liabilities	67,754	83,800
Convertible note payable	12,461	11,047
Long-term lease obligations	19,161	12,945
Other long-term liabilities	5,442	3,983
Total long-term liabilities	37,064	27,975
Total liabilities	104,818	111,775
Commitments and contingencies (Note 13)
Contingently redeemable preferred stock	237,739	35,180
Stockholders' equity:
Preferred stock, $0.01 par value per share. 4,965,000 shares authorized at July 31, 2023 and 2022; zero shares issued and outstanding at July 31, 2023 and 2022	0	0
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 6,250,493 issued and outstanding shares at July 31, 2023; 6,485,309 issued and outstanding shares at July 31, 2022	65	65
Additional paid-in capital	61,534	7,479,906
Accumulated earnings (deficit)	7,612	(7,493,317)
Accumulated other comprehensive (loss) income	(587)	4,140
Total stockholders' equity (deficit)	68,624	(9,206)
Total liabilities, contingently redeemable preferred stock and stockholders' equity	411,181	137,749
Series C Contingently Redeemable Preferred Stock
Current liabilities:
Contingently redeemable preferred stock	35,006	35,180
Series E Contingently Redeemable Preferred Stock
Current liabilities:
Contingently redeemable preferred stock	$ 202,733	$ 0