Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Details (Tables)

v3.20.4
Balance Sheet Details (Tables)
6 Months Ended
Jan. 31, 2021
Balance Sheet Related Disclosures [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net, is comprised of the following:

 

    January 31, 2021     July 31, 2020  
Equipment and furniture   $ 1,859,824     $ 1,859,824  
Computer software     109,242       109,242  
Leasehold improvements     21,934       21,934  
Property and equipment, gross     1,991,000       1,991,000  
Accumulated depreciation and amortization     (1,272,927 )     (1,176,506 )
Total   $ 718,073     $ 814,494  

Schedule of Intangible Assets

Intangible assets, net, is comprised of the following:

 

    January 31, 2021  
License   $ 495,000  
Accumulated amortization     (11,647 )
Total   $ 483,353  

Schedule of Amortization Expense of Intangible Assets

At January 31, 2021, the estimated amortization expense by fiscal year based on the current carrying value of intangible assets is as follows (in thousands):

 

2021   $ 34,941  
2022     69,882  
2023     69,882  
2024     69,882  
2025     69,882  
Thereafter     168,884  
Total   $ 483,353  

Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities are comprised of the following:

 

    January 31, 2021     July 31, 2020  
Research and development costs   $ 6,152,870     $ 4,730,347  
Professional services fees     2,362,178       3,097,881  
Other     335,304       94,808  
Total   $ 8,850,352     $ 7,923,036  

Schedule of Accrued Compensation

Accrued compensation is comprised of the following:

 

    January 31, 2021     July 31, 2020  
Accrued payroll   $ 361,067     $ 279,473  
401K payable     8,101       5,654  
Total   $ 369,168     $ 285,127