Quarterly report pursuant to Section 13 or 15(d)

Accrued Liabilities

Accrued Liabilities
9 Months Ended
Apr. 30, 2022
Accrued Liabilities [Abstract]  
Accrued Liabilities

Note 9 – Accrued Liabilities


Accrued liabilities consist of:


    April 30,
    July 31,
Payroll, benefits, and commissions   $ 6,445     $ 5,856  
Professional fees     638       628  
Legal     4,561       2,554  
Deferred revenue    
Other     1,985       2,588  
    $ 13,629     $ 14,301  


Deferred revenue


In order to increase cash flow to providers of services and suppliers impacted by the pandemic, the Centers for Medicare and Medicaid Services (CMS) expanded its Accelerated and Advance Payment Program to a broader group of Medicare providers. We applied for and received a $2,526 payment advance from this program in April 2020. Since the Company had the right to repay the advance at any time, the entire balance was considered current. The recoupment of the advance by CMS started April 2021 and was completed by April 2022. As of July 31, 2021, the deferred revenue related to the CMS payment advance was $1,847.


Self-Insured Medical Plan


The Company self-funds medical insurance coverage for certain of its U.S. based employees. The risk to the Company is believed to be limited through the use of individual and aggregate stop loss insurance. As of April 30, 2022 and July 31, 2021, the Company has established a reserve of $300 and $347 respectively, which is included in accrued liabilities for payroll, benefits and commissions, for claims that have been reported but not paid and for claims that have been incurred but not reported. The reserve is based upon the Company’s historical payment trends, claim history and current estimates.