Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

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Stockholders' Equity
3 Months Ended
Oct. 31, 2017
Equity [Abstract]  
Stockholders' Equity

Note 4—Stockholders’ Equity

 

A summary of the changes in the Company’s stockholders’ equity for the three months ended October 31, 2017 and 2016 is provided below:

 

    October 31, 2017     October 31, 2016  
Stockholders’ equity at beginning of period   $ 10,695,982     $ 28,053,104  
Net loss     (5,900,452 )     (5,603,585 )
Stock-based compensation     554,575       1,148,208  
Common stock issued for services     109,000        
Issuance of common stock through employee stock purchase plan     19,048       25,617  
Equity offerings (see Note 6), net of costs     8,058,733        
Accumulated other comprehensive income (loss)     (6,744 )     (9 )
Exercise of common stock warrants (net)     9,000       15,306  
Stockholders’ equity at end of period   $ 13,539,142     $ 23,638,641