Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2017
Jul. 31, 2017
Current assets    
Cash and cash equivalents $ 14,661,418 $ 11,444,676
Prepaid expenses and other current assets 1,419,226 1,068,947
Total Current Assets 16,080,644 12,513,623
Property and equipment, net 2,314,095 2,410,099
Other long-term assets 301,804 309,187
Total Assets 18,696,543 15,232,909
Current liabilities    
Accounts payable and accrued liabilities 3,803,908 3,281,133
Accrued compensation 208,373 114,841
Total Current Liabilities 4,012,281 3,395,974
Other long-term liabilities 1,145,120 1,140,953
Total Liabilities 5,157,401 4,536,927
Commitments and Contingencies (Note 9)
Stockholders' Equity    
Common stock authorized - 160,000,000 common shares with a par value of $0.0001, common stock issued and outstanding — 29,608,085 and 21,618,194 common shares as of October 31, 2017 and July 31, 2017, respectively 2,961 2,162
Additional paid-in capital 99,688,473 93,866,088
Warrants issued and outstanding — 12,526,340 and 9,044,740 warrants as of October 31, 2017 and July 31, 2017, respectively 14,702,980 11,775,807
Accumulated other comprehensive loss (10,365) (3,620)
Accumulated deficit (100,844,907) (94,944,455)
Total Stockholders’ Equity 13,539,142 10,695,982
Total Liabilities and Stockholders’ Equity $ 18,696,543 $ 15,232,909