Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheet and Condensed Balance Sheet

v3.7.0.1
Condensed Consolidated Balance Sheet and Condensed Balance Sheet - USD ($)
Apr. 30, 2017
Jul. 31, 2016
Current assets    
Cash and cash equivalents $ 16,106,338 $ 28,746,224
Prepaid expenses and other current assets 987,160 671,184
Total Current Assets 17,093,498 29,417,408
Property and equipment, net 2,493,784 2,799,930
Other long-term assets 384,256 189,309
Total Assets 19,971,538 32,406,647
Current liabilities    
Accounts payable and accrued liabilities 2,644,259 3,223,327
Accrued compensation 168,234 242,924
Total Current Liabilities 2,812,493 3,466,251
Other long-term liabilities 1,196,716 887,292
Total Liabilities 4,009,209 4,353,543
Commitments and Contingencies
Stockholders' Equity    
Common stock authorized - 160,000,000 common shares with a par value of $0.0001, common stock issued and outstanding — 21,168,194 and 18,036,263 common shares as of April 30, 2017 and July 31, 2016, respectively 25,582 25,269
Additional paid-in capital 93,195,870 88,233,965
Warrants issued and outstanding - 9,494,740 and 12,859,286 warrants as of April 30, 2017 and July 31, 2016, respectively 11,780,307 13,288,527
Accumulated other comprehensive income 7,094
Accumulated deficit (89,046,524) (73,494,657)
Total Stockholders' Equity 15,962,329 28,053,104
Total Liabilities and Stockholders' Equity $ 19,971,538 $ 32,406,647