| Summary of Changes in 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 |
|
|