Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
 3 Months Ended
Oct. 31, 2015
Stockholders' Equity  
Stockholders' Equity

 

 

Note 4—Stockholders’ Equity

 

A summary of the changes in stockholders’ equity is provided below:

 

 

 

October 31,

 

October 31,

 

 

 

2015

 

2014

 

Stockholders’ equity at beginning of period

 

$
32,695,621

 

$
38,068,058

 

Net loss

 
(7,037,391

)
(4,061,116

)

Stock-based compensation

 
1,562,066

 
611,240

 

 

 

 

 

 

 

 

 

 

 

 

 

Stockholders’ equity at end of period

 

$
27,220,296

 

$
34,618,182