Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
 6 Months Ended
Jan. 31, 2017
Equity [Abstract]  
Stockholders’ Equity

Note 4—Stockholders’ Equity

 

A summary of the changes in stockholders’ equity for the six months ended January 31, 2017 and 2016 is provided below:

 

    January 31, 2017     January 31, 2016  
Stockholders’ equity at beginning of period   $ 28,053,104     $ 32,695,621  
Net loss     (10,990,894 )     (14,075,111 )
Public Offering on November 9, 2015, net of issuance costs of $613,915     -       6,886,095  
Stock-based compensation     2,596,280       3,030,225  
Accumulated other comprehensive income     14       -  
Issuance of common stock through employee stock purchase plan     25,615       -  
Exercise of common stock warrants     16,808       -  
Common stock issued in connection with a contractual agreement     -       55,500  
Stockholders’ equity at end of period   $ 19,700,926     $ 28,592,330