Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheet and Condensed Balance Sheet

v3.6.0.2
Condensed Consolidated Balance Sheet and Condensed Balance Sheet - USD ($)
Jan. 31, 2017
Jul. 31, 2016
Current assets    
Cash and cash equivalents $ 20,541,455 $ 28,746,224
Prepaid expenses and other current assets 793,612 671,184
Total Current Assets 21,335,067 29,417,408
Property and equipment, net 2,589,063 2,799,930
Other long-term assets 383,780 189,309
Total Assets 24,307,910 32,406,647
Current liabilities    
Accounts payable and accrued liabilities 3,296,824 3,223,327
Accrued compensation 116,930 242,924
Total Current Liabilities 3,413,754 3,466,251
Other long-term liabilities 1,193,230 887,292
Total Liabilities 4,606,984 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 — 19,734,645 and 18,036,263 common shares as of January 31, 2017 and July 31, 2016, respectively 25,439 25,269
Additional paid-in capital 91,196,781 88,233,965
Warrants issued and outstanding — 11,286,995 and 12,859,286 warrants as of January 31, 2017 and July 31, 2016, respectively 12,964,244 13,288,527
Accumulated other comprehensive income 14
Accumulated deficit (84,485,552) (73,494,657)
Total Stockholders' Equity 19,700,926 28,053,104
Total Liabilities and Stockholders' Equity $ 24,307,910 $ 32,406,647