Annual report pursuant to Section 13 and 15(d)

Other liabilities

v3.19.3
Other liabilities
 12 Months Ended
Jul. 31, 2019
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]  
Other Liabilities Disclosure [Text Block]

Note 10 - Other liabilities


At July 31, Other liabilities consist of:


    2019     2018  
Capital lease obligations, net of current portion   $ 424     $ 351  
Installment loans     —       2  
    $ 424     $ 353  

The capital lease obligations and installment loans are for machinery and equipment used in the Clinical Laboratory Services segment. Amortization of the assets recorded under the capital lease is included in depreciation expense. At July 31, 2019, the accumulated amortization on the capital leases was $1,042 and the imputed interest rate ranges from 2.99% to 9.5%.


Future minimum lease and loan payments for the years ending July 31 are as follows:   Capital leases     Installment
loans		  
2020   $ 292     $ 2  
2021     236       —  
2022     79       —  
2023     83       —  
2024     26          
Total payments     716       2  
Less: interest     (37 )     —  
Total net of interest     679       2  
Less: current portion, included in other current liabilities     (255 )     (2 )
Other liabilities - net   $ 424     $ —