Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
Jan. 31, 2020
Jul. 31, 2019
Current assets    
Cash and cash equivalents $ 9,256,351 $ 25,147,780
Prepaid expenses and other current assets 2,947,757 3,359,556
Total Current Assets 12,204,108 28,507,336
Property and equipment, net 919,561 1,031,129
Operating right-of-use asset 6,360,863
Other long-term assets 306,355 353,547
Total Assets 19,790,887 29,892,012
Current liabilities    
Accounts payable and accrued liabilities 9,438,981 4,217,017
Accrued compensation related 408,701 676,223
Operating lease liabilities 640,253
Note payable 83,760
Total Current Liabilities 10,487,935 4,977,000
Operating lease liability, net of current portion 6,128,021
Other long-term liabilities 635,913
Total Liabilities 16,615,956 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 January 31, 2020 and July 31, 2019, respectively, common stock issued and outstanding - 10,752,529 and 10,633,043 common shares as of January 31, 2020 and July 31, 2019, respectively 1,075 1,063
Additional paid-in capital 184,965,590 177,656,149
Warrants issued and outstanding - 3,114,288 and 3,631,953 warrants as of January 31, 2020 and July 31, 2019, respectively 5,708,127 10,809,724
Accumulated other comprehensive income 251,522 169,037
Accumulated deficit (187,751,383) (164,356,874)
Total Stockholders' Equity 3,174,931 24,279,099
Total Liabilities and Stockholders' Equity $ 19,790,887 $ 29,892,012