Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2020
Jul. 31, 2020
Current assets    
Cash and cash equivalents $ 23,975,629 $ 20,354,462
Prepaid expenses and other current assets 2,739,162 2,467,223
Total Current Assets 26,714,791 22,821,685
Property and equipment, net 764,450 814,494
Operating lease right-of-use assets 6,127,348 5,948,224
Other long-term assets 315,080 319,058
Total Assets 33,921,669 29,903,461
Current liabilities    
Accounts payable and accrued liabilities 9,602,226 7,923,036
Accrued compensation related 186,622 285,127
Operating lease liabilities 638,091 500,357
Notes payable 642,003 969,509
Total Current Liabilities 11,068,942 9,678,029
Operating lease liabilities, net of current portion 5,978,318 5,874,442
Notes payable, net of current portion 643,684 480,554
Total Liabilities 17,690,944 16,033,025
Commitments and Contingencies (Note 8)
Stockholders' Equity    
Common stock authorized - 100,000,000 and 100,000,000 common shares with a par value of $0.0001 as of October 31, 2020 and July 31, 2020, respectively, common stock issued and outstanding - 27,694,604 and 23,054,474 common shares as of October 31, 2020 and July 31, 2020, respectively 2,769 2,305
Additional paid-in capital 230,282,585 214,789,808
Warrants issued and outstanding - 3,114,288 as of October 31, 2020 and July 31, 2020, respectively 5,708,127 5,708,127
Accumulated other comprehensive income (loss) 72,811 (19,504)
Accumulated deficit (219,835,567) (206,610,300)
Total Stockholders' Equity 16,230,725 13,870,436
Total Liabilities and Stockholders' Equity $ 33,921,669 $ 29,903,461