Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Details (Tables)

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Balance Sheet Details (Tables)
6 Months Ended
Jan. 31, 2017
Balance Sheet Related Disclosures [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net, is comprised of the following:

 

    January 31, 2017     July 31, 2016  
Equipment and Furniture   $ 3,072,706     $ 2,851,900  
Computer Software     14,979       226,207  
Leasehold Improvements     80,102       80,102  
Construction In Progress     53,996       85,402  
Property and Equipment, gross     3,221,783       3,243,611  
Accumulated Depreciation and Amortization     (632,720 )     (443,681 )
    $ 2,589,063     $ 2,799,930  
Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities are comprised of the following:

 

    January 31, 2017     July 31, 2016  
Research & Development Costs   $ 2,157,856     $ 2,389,711  
Professional Services Fees     832,626       707,070  
Other     306,342       126,546  
    $ 3,296,824     $ 3,223,327  
Schedule of Accrued Compensation

Accrued compensation is comprised of the following:

 

    January 31, 2017     July 31, 2016  
Separation Costs   $ -     $ 134,993  
Payroll Accrual     116,192       93,021  
401K Payable     -       14,365  
Other     738       545  
    $ 116,930     $ 242,924  
Schedule of Other Long-term Liabilities

Other long-term liabilities are comprised of the following:

 

    January 31, 2017     July 31, 2016  
Deferred rent   $ 1,193,230     $ 887,292