Quarterly Financial Data (Unaudited)
|12 Months Ended|
Jul. 31, 2016
|Quarterly Financial Information Disclosure [Abstract]|
|Quarterly Financial Data (Unaudited)||
Note 11Quarterly Financial Data (Unaudited)
The following financial information reflects all normal recurring adjustments, which are, in the opinion of management, necessary for a fair statement of the results of the interim periods. Summarized quarterly data for fiscal 2016 and 2015 are as follows:
(1) Loss per share is computed independently for each of the quarters presented.
Therefore, the sum of the quarterly net loss per share will not necessarily equal the total for the year.
(2) Recast to account for the 1-for-20 reverse stock split effected May 2015.
The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information.
Reference 1: http://www.xbrl.org/2003/role/presentationRef