Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.4
Condensed Consolidated Balance Sheets - USD ($)
Jan. 31, 2021
Jul. 31, 2020
Current assets    
Cash and cash equivalents $ 60,330,571 $ 20,354,462
Prepaid expenses and other current assets 2,273,201 2,467,223
Total Current Assets 62,603,772 22,821,685
Property and equipment, net 718,073 814,494
Intangible assets, net 483,353
Operating lease right-of-use assets 5,869,984 5,948,224
Other long-term assets 331,319 319,058
Total Assets 70,006,501 29,903,461
Current liabilities    
Accounts payable and accrued liabilities 8,850,352 7,923,036
Accrued compensation related 369,168 285,127
Operating lease liabilities 784,371 500,357
Notes payable 797,674 969,509
Total Current Liabilities 10,801,565 9,678,029
Operating lease liabilities, net of current portion 5,739,873 5,874,442
Liability under co-promotion agreement - related party 5,000,000
Notes payable, net of current portion 322,244 480,554
Total Liabilities 21,863,682 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 January 31, 2021 and July 31, 2020, respectively, common stock issued and outstanding - 36,491,976 and 23,054,474 common shares as of January 31, 2021 and July 31, 2020, respectively 3,649 2,305
Additional paid-in capital 274,633,208 214,789,808
Warrants issued and outstanding - 2,221,315 and 3,114,288 warrants as of January 31, 2021 and July 31, 2020, respectively 4,330,949 5,708,127
Accumulated other comprehensive loss (285,323) (19,504)
Accumulated deficit (230,539,664) (206,610,300)
Total Stockholders' Equity 48,142,819 13,870,436
Total Liabilities and Stockholders' Equity $ 70,006,501 $ 29,903,461