Stockholders’ Equity (Tables)
|
12 Months Ended |
Jul. 31, 2022 |
|---|
| Stockholders' Equity Note [Abstract] |
|
| Schedule of summarizes RSU activity |
| |
|
2022 |
|
|
2021 |
|
|
2020 |
|
| |
|
Options |
|
|
Weighted -
Average
Exercise
Price |
|
|
Options |
|
|
Weighted -
Average
Exercise
Price |
|
|
Options |
|
|
Weighted -
Average
Exercise
Price |
|
| Outstanding at beginning of year |
|
|
2,504,563 |
|
|
$ |
3.74 |
|
|
|
2,636,496 |
|
|
$ |
4.05 |
|
|
|
2,351,040 |
|
|
$ |
4.53 |
|
| New Grants |
|
|
1,858,250 |
|
|
$ |
2.88 |
|
|
|
543,104 |
|
|
$ |
2.57 |
|
|
|
773,032 |
|
|
$ |
2.40 |
|
| Exercised |
|
|
(11,300 |
) |
|
$ |
2.49 |
|
|
|
(34,667 |
) |
|
$ |
2.80 |
|
|
|
— |
|
|
$ |
— |
|
| Expired or forfeited |
|
|
(409,730 |
) |
|
$ |
7.00 |
|
|
|
(640,370 |
) |
|
$ |
3.52 |
|
|
|
(487,576 |
) |
|
$ |
3.71 |
|
| Outstanding at end of year |
|
|
3,941,783 |
|
|
$ |
3.00 |
|
|
|
2,504,563 |
|
|
$ |
3.74 |
|
|
|
2,636,496 |
|
|
$ |
4.05 |
|
| Exercisable at end of year |
|
|
1,794,399 |
|
|
$ |
3.14 |
|
|
|
1,561,326 |
|
|
$ |
4.37 |
|
|
|
1,457,162 |
|
|
$ |
5.10 |
|
| Weighted average fair value of options granted during year |
|
|
|
|
|
$ |
1.52 |
|
|
|
|
|
|
$ |
1.27 |
|
|
|
|
|
|
$ |
1.01 |
|
|
| Schedule of determine the fair value of options granted |
| Grant Year |
|
|
Options Granted |
|
|
Exercise Price Range |
|
|
Term
(years) |
|
|
Vesting Period (years) |
|
|
FMV of options Granted/Per Share |
|
|
Expected Life (years) |
|
Expected Volatility % |
|
Interest
Rate % |
| 2022 |
|
|
|
1,858,250 |
|
|
$ |
2.21 – $3.64 |
|
|
5 |
|
|
3 |
|
|
$ |
1.17 – $1.78 |
|
|
3.5 |
|
73.25 – 74.52 |
|
1.73 – 3.03 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2021 |
|
|
|
543,104 |
|
|
$ |
2.14 – $2.63 |
|
|
5 |
|
|
2 - 3 |
|
|
$ |
1.04 – $1.30 |
|
|
3.25 – 3.5 |
|
69.36 – 73.26 |
|
0.19 – 0.26 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2020 |
|
|
|
773,032 |
|
|
$ |
2.20 – $3.32 |
|
|
5 |
|
|
2 - 3 |
|
|
$ |
0.86 – $1.34 |
|
|
3.25 – 3.5 |
|
53.77 – 66.24 |
|
0.27 – 1.2 |
|
| Schedule of share based compensation stock options activity range of exercise prices |
| Range of Exercise prices |
|
Shares |
|
|
Weighted-
Average
Remaining
Contractual
Life in Years |
|
Weighted-
Average
Exercise
Price |
|
| $2.14 - $3.64 |
|
|
3,554,633 |
|
|
3.6 |
|
$ |
2.73 |
|
| $4.42 |
|
|
290,000 |
|
|
1.0 |
|
$ |
4.42 |
|
| $5.52 - $8.36 |
|
|
97,150 |
|
|
0.6 |
|
$ |
7.47 |
|
| |
|
|
3,941,783 |
|
|
|
|
|
|
|
| Range of Exercise prices |
|
Shares |
|
|
Weighted- Average Remaining Contractual Life in Years |
|
Weighted- Average Exercise Price |
|
| $2.14 - $3.64 |
|
|
1,407,249 |
|
|
2.3 |
|
$ |
2.58 |
|
| $4.42 |
|
|
290,000 |
|
|
1.0 |
|
$ |
4.42 |
|
| $5.52 - $8.36 |
|
|
97,150 |
|
|
0.6 |
|
$ |
7.47 |
|
| |
|
|
1,794,399 |
|
|
|
|
|
|
|
|
| Schedule of PSU’s granted and outstanding |
| Grant Date |
|
Total Grant |
|
|
Forfeitures |
|
|
Outstanding |
|
|
Fair Market Value At
Grant Date (000s) |
|
| 10/15/2019 |
|
|
80,500 |
|
|
|
(34,500 |
) |
|
|
46,000 |
|
|
$ |
155 |
|
| 10/19/2020 |
|
|
98,600 |
|
|
|
(25,300 |
) |
|
|
73,300 |
|
|
$ |
153 |
|
|
| Schedule of summarizes RSU activity |
| |
|
Number of
RSUs
outstanding |
|
|
Weighted
Average Fair
Value per
Unit at
Date of
Grant or
Vesting |
|
|
Weighted
Average
Remaining
Contractual
Term |
|
|
Aggregate
Intrinsic
Value (000s) |
|
| Granted |
|
|
502,187 |
|
|
$ |
|
|
|
|
|
|
|
|
|
| Vested |
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
| Cancelled |
|
|
— |
|
|
$ |
— |
|
|
|
|
|
|
|
|
| Outstanding at end of period |
|
|
502,187 |
|
|
$ |
2.95 |
|
|
1.8 years |
|
|
$ |
1,190 |
|
| Expected to vest at end of period |
|
|
502,187 |
|
|
$ |
2.95 |
|
|
1.8
years |
|
|
$ |
1,190 |
|
|