Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Details (Tables)

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Balance Sheet Details (Tables)
9 Months Ended
Apr. 30, 2022
Balance Sheet Details  
Schedule of Property and Equipment, Net

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

 

    April 30, 2022     July 31, 2021  
Equipment and furniture   $ 1,944,540     $ 1,919,301  
Computer software     109,242       109,242  
Leasehold improvements     32,651       32,651  
Construction in progress     446,367       234,409  
Property and equipment, gross     2,532,800       2,295,603  
Accumulated depreciation and amortization     (1,509,072 )     (1,366,782 )
Total   $ 1,023,728     $ 928,821  
Schedule of Intangible Assets

Intangible assets, net, is comprised of the following:

 

    April 30, 2022     July 31, 2021  
License   $ 495,000     $ 495,000  
Accumulated amortization     (99,000 )     (46,588 )
Total   $ 396,000     $ 448,412  
Schedule of Amortization Expense of Intangible Assets

At April 30, 2022, the estimated amortization expense by fiscal year based on the current carrying value of intangible assets is as follows:

 

       
Years ending July 31,      
2022 – the remainder of the fiscal year   $ 17,471  
2023     69,882  
2024     69,882  
2025     69,882  
2026     69,882  
Thereafter     99,001  
Total   $ 396,000  
Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities are comprised of the following:

 

    April 30, 2022     July 31, 2021  
Research and development costs   $ 2,391,304     $ 4,206,926  
Professional services fees     664,035       1,229,040  
Other     90,489       125,679  
Total   $ 3,145,828     $ 5,561,645  
Schedule of Accrued Compensation

Accrued compensation is comprised of the following:

 

      April 30, 2022       July 31, 2021  
Accrued payroll   $ 166,384     $ 311,590  
401K payable     31,996       9,065  
Accrued severance     144,501       -  
Total   $ 342,881     $ 320,655