Related Party Transactions
|12 Months Ended|
Jul. 31, 2018
|Related Party Transactions [Abstract]|
|Related Party Transactions||
Note 11—Related Party Transactions
The Company has subleased a portion of its office space to another company beginning April 1, 2017 and ending March 31, 2018. The Company’s former President and two other members of the Company’s Board of Directors held positions as directors and/or officers of the sublessee. The Company had received payments totaling $27,900 and $15,000 related to the sublease as of July 31, 2018 and 2017, respectively.
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef