Quarterly report pursuant to Section 13 or 15(d)

Supplemental disclosure for statement of cash flows

v3.19.2
Supplemental disclosure for statement of cash flows
9 Months Ended
Apr. 30, 2019
Supplemental Cash Flow Elements [Abstract]  
Cash Flow, Supplemental Disclosures [Text Block]

Note 4 - Supplemental disclosure for statement of cash flows


For the nine months ended April 30, 2019 and 2018, tax on capital paid by the Company were $94 and $65, respectively.


For the nine months ended April 30, 2019 and 2018, interest paid by the Company was $138 and $61, respectively.


During the nine months ended April 30, 2019, there was a total of $381 in capital lease agreements. During the nine months ended April 31, 2018, the Company did not enter into any material capital lease agreements.


During the nine months ended April 30, 2019, certain directors and officers of the Company exercised 203,511 stock options in a non-cash transaction. The officers and directors received 23,376 net shares of common stock. The Company did not receive any proceeds from this exercise. The net shares issued represent the difference between the fair market value of the options on the date of exercise less the strike price cost to exercise the options.


During the nine months ended April 30, 2019 the Company issued common stock in connection with its share based 401(k) employer match in the amount of $832. For the 2018 period, the Company issued shares of common stock in the amount of $782.