Annual report pursuant to Section 13 and 15(d)

Statement of Stockholders' Equity and Consolidated Statements of Stockholders' Equity

v3.3.0.814
Statement of Stockholders' Equity and Consolidated Statements of Stockholders' Equity - USD ($)
Common Stock
Additional Paid-In Capital
Warrants
Accumulated Deficit
Total
Stockholders' equity at beginning of period at Jul. 31, 2012 $ 8,786 $ 5,593,567 $ 5,024,640 $ (6,200,728) $ 4,426,265
Balance (in shares) at Jul. 31, 2012 [1] 4,392,800   2,112,300    
Increase (Decrease) in Stockholders' Equity          
Exercise of common stock warrants $ 45 181,931 $ (39,858)   142,118
Exercise of common stock warrants (in shares) [1] 22,086   (22,086)    
Exercise of common stock options $ 76 138,224     138,300
Exercise of common stock options (in shares) [1] 38,325        
Common stock issued in connection with license agreement $ 15 34,485     34,500
Common stock issued in connection with license agreement (in shares) [1] 7,500        
Public offering on June 9, 2015, June 6, 2014, September 18, 2013, and December 17, 2012, net of issuance costs of $1,091,794 $1,145,000, $836,360 and $504,000, respectively $ 2,880 5,066,804 $ 1,626,316   6,696,000
Shares issued to Public offering on June 9, 2015, June 6, 2014, September 18, 2013, and December 17, 2012, net of issuance costs of $1,091,793, $1,145,000, $836,360 and $504,000, respectively (in shares) [1] 1,440,000   792,000    
Stock-based compensation   452,128     452,128
Net loss       (7,150,187) (7,150,187)
Stockholders' equity at end of period at Jul. 31, 2013 $ 11,802 11,467,139 $ 6,611,098 (13,350,915) 4,739,124
Balance (in shares) at Jul. 31, 2013 [1] 5,900,711   2,882,214    
Increase (Decrease) in Stockholders' Equity          
Exercise of common stock warrants $ 5,402 22,585,088 $ (5,546,175)   17,044,315
Exercise of common stock warrants (in shares) [1] 2,701,131   (2,776,067)    
Exercise of common stock options $ 176 364,360     364,536
Exercise of common stock options (in shares) [1] 90,000        
Common stock issued for services $ 50 149,950     150,000
Common stock issued for services (in shares) [1] 25,000        
Stock-based compensation   1,815,559     1,815,559
Net loss       (12,012,117) (12,012,117)
Stockholders' equity at end of period at Jul. 31, 2014 $ 24,463 56,081,475 $ 7,325,152 (25,363,032) 38,068,058
Balance (in shares) at Jul. 31, 2014 [1] 12,233,203   1,882,399    
Increase (Decrease) in Stockholders' Equity          
Exercise of common stock warrants $ 222 967,945 $ (192,917)   775,250
Exercise of common stock warrants (in shares) [1] 110,752   (110,752)    
Exercise of common stock options $ 1 1,737     1,738
Exercise of common stock options (in shares) [1] 308        
Common stock issued for services $ 15 57,735     57,750
Common stock issued for services (in shares) [1] 7,500        
Public offering on June 9, 2015, June 6, 2014, September 18, 2013, and December 17, 2012, net of issuance costs of $1,091,794 $1,145,000, $836,360 and $504,000, respectively $ 246 11,916,093 $ 571,868   12,488,207
Shares issued to Public offering on June 9, 2015, June 6, 2014, September 18, 2013, and December 17, 2012, net of issuance costs of $1,091,793, $1,145,000, $836,360 and $504,000, respectively (in shares) [1] 2,469,091   123,455    
Stock-based compensation   2,547,729     2,547,729
Net loss       (21,243,111) (21,243,111)
Stockholders' equity at end of period at Jul. 31, 2015 $ 24,947 $ 71,572,714 $ 7,704,103 $ (46,606,143) $ 32,695,621
Balance (in shares) at Jul. 31, 2015 [1] 14,820,854   1,895,102    
[1] See Note 1, “Reverse Stock Split”