Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Apr. 30, 2020
Jul. 31, 2019
Current assets    
Cash and cash equivalents $ 30,078,144 $ 25,147,780
Prepaid expenses and other current assets 1,737,209 3,359,556
Total Current Assets 31,815,353 28,507,336
Property and equipment, net 865,211 1,031,129
Operating right-of-use asset 6,156,939
Other long-term assets 301,907 353,547
Total Assets 39,139,410 29,892,012
Current liabilities    
Accounts payable and accrued liabilities 9,041,533 4,217,017
Accrued compensation related 866,209 676,223
Operating lease liabilities 509,828
Current portion of note payable 278,245 83,760
Total Current Liabilities 10,695,815 4,977,000
Operating lease liability, net of current portion 6,065,238
Note payable, net of current portion 674,499
Other long-term liabilities 635,913
Total Liabilities 17,435,552 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 April 30, 2020 and July 31, 2019, respectively, common stock issued and outstanding - 22,771,571 and 10,633,043 common shares as of April 30, 2020 and July 31, 2019, respectively 2,277 1,063
Additional paid-in capital 213,302,225 177,656,149
Warrants issued and outstanding - 3,114,288 and 3,631,953 warrants as of April 30, 2020 and July 31, 2019, respectively 5,708,127 10,809,724
Accumulated other comprehensive income 330,792 169,037
Accumulated deficit (197,639,563) (164,356,874)
Total Stockholders' Equity 21,703,858 24,279,099
Total Liabilities and Stockholders' Equity $ 39,139,410 $ 29,892,012