Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Details (Tables)

v3.7.0.1
Balance Sheet Details (Tables)
9 Months Ended
Apr. 30, 2017
Balance Sheet Related Disclosures [Abstract]  
Schedule of Property and Equipment, Net

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

 

    April 30, 2017     July 31, 2016  
Office Furniture & Fixtures   $ 2,905,900     $ 2,851,900  
Computer Software     235,782       226,207  
Leasehold Improvements     80,102       80,102  
Construction In Progress      -       85,402  
Property and Equipment, gross     3,221,784       3,243,611  
Accumulated Depreciation and Amortization     (728,000 )     (443,681 )
    $ 2,493,784     $ 2,799,930  

Schedule of Other Long-term Assets

Other long-term assets is comprised of the following:

 

    April 30, 2017     July 31, 2016  
Restricted cash   $ 93,640     $ 92,686  
Rent Deposit     96,623       96,623  
Prepaid clinical services     193,993       -  
    $ 384,256     $ 189,309  

Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities are comprised of the following:

 

    April 30, 2017     July 31, 2016  
Research & Development Costs   $ 1,870,854     $ 2,389,711  
Professional Services Fees     457,341       707,070  
Other     316,064       126,546  
    $ 2,644,259     $ 3,223,327  

Schedule of Accrued Compensation

Accrued compensation is comprised of the following:

 

    April 30, 2017     July 31, 2016  
Separation Costs   $ -     $ 134,993  
Payroll Accrual     167,496       93,021  
401K Payable     -       14,365  
Other     738       545  
    $ 168,234     $ 242,924  

Schedule of Other Long-term Liabilities

Other long-term liabilities are comprised of the following:

 

    April 30, 2017     July 31, 2016  
Deferred rent   $ 1,196,716     $ 887,292