Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2019
Jul. 31, 2019
Current assets    
Cash and cash equivalents $ 16,946,203 $ 25,147,780
Prepaid expenses and other current assets 3,709,895 3,359,556
Total Current Assets 20,656,098 28,507,336
Property and equipment, net 975,058 1,031,129
Operating right-of-use asset 1,263,272
Other long-term assets 354,738 353,547
Total Assets 23,249,166 29,892,012
Current liabilities    
Accounts payable and accrued liabilities 5,508,426 4,217,017
Accrued compensation related 640,161 676,223
Operating lease liability 1,205,825
Note payable 42,113 83,760
Total Current Liabilities 7,396,525 4,977,000
Operating lease liability, net of current portion 557,534
Other long-term liabilities 635,913
Total Liabilities 7,954,059 5,612,913
Commitments and Contingencies (Note 8)
Stockholders' Equity    
Common stock authorized - 26,000,000 and 16,000,000 common shares with a par value of $0.0001 as of October 31, 2019 and July 31, 2019, respectively, common stock issued and outstanding - 10,680,428 and 10,633,043 common shares as of October 31, 2019 and July 31, 2019, respectively 1,068 1,063
Additional paid-in capital 178,448,285 177,656,149
Warrants issued and outstanding - 3,631,953 warrants as of October 31, 2019 and July 31, 2019 10,809,724 10,809,724
Accumulated other comprehensive income 153,388 169,037
Accumulated deficit (174,117,358) (164,356,874)
Total Stockholders' Equity 15,295,107 24,279,099
Total Liabilities and Stockholders' Equity $ 23,249,166 $ 29,892,012