Balance Sheet

v3.25.1

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2025	Jul. 31, 2024
Current assets:
Cash and cash equivalents	$ 40,297	$ 52,371
Cash in escrow		5,000
Accounts receivable, net	4,245	3,988
Inventories, net	5,987	6,832
Prepaid expenses and other current assets	1,688	1,840
Total current assets	52,217	70,031
Property, plant, and equipment, net	12,303	12,367
Right-of-use assets	2,563	2,836
Other assets	427	530
Total assets	67,510	85,764
Current liabilities:
Accounts payable – trade	672	1,376
Accrued liabilities	5,392	5,714
Current portion of operating lease liabilities	817	841
Other current liabilities	73	76
Current liabilities of discontinued operations, net	10,222	16,787
Total current liabilities	17,176	24,794
Operating lease liabilities, non-current	2,102	2,403
Long term debt	146	189
Non-current liabilities of discontinued operations, net	1,470	2,266
Total liabilities	20,894	29,652
Contingencies – see Note 13
Stockholders’ equity:
Preferred Stock, $.01 par value; authorized 25,000,000 shares; no shares issued or outstanding
Common Stock, $.01 par value; authorized 75,000,000 shares; shares issued and outstanding: 52,402,804 at January 31, 2025 and 52,244,074 at July 31, 2024	523	521
Additional paid-in capital	343,159	348,134
Accumulated deficit	(299,339)	(294,428)
Accumulated other comprehensive income	2,273	1,885
Total stockholders’ equity	46,616	56,112
Total liabilities and stockholders’ equity	$ 67,510	$ 85,764

- Definition

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Source