Annual report pursuant to Section 13 and 15(d)

Summary of Selected Quarterly Financial Data (unaudited)

v3.20.2
Summary of Selected Quarterly Financial Data (unaudited)
 12 Months Ended
Jul. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Summary of Selected Quarterly Financial Data (unaudited)

Note 18 - Summary of Selected Quarterly Financial Data (unaudited)


The following table contains statement of operations information for each quarter of the years ended July 31, 2020 and 2019. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period. Unaudited quarterly financial data for fiscal 2020 and 2019 is summarized as follows:


    Quarter Ended  
Fiscal 2020   October 31,
2019		     January 31,
2020		     April 30,
2020		     July 31,
2020		  
Total revenues   $ 20,207       19,384       16,903       19,527  
Gross profit     5,686       5,809       4,425       7,850  
Loss before income taxes     (7,648 )     (7,687 )     (9,860 )     (3,325 )
Net loss     (7,648 )     (7,687 )     (9,860 )     (3,325 )
Basic and diluted loss per common share   $ (0.16 )     (0.16 )     (0.21 )     (0.07 )

    Quarter Ended  
Fiscal 2019   October 31,
2018		     January 31,
2019		     April 30,
2019		     July 31,
2019		  
Total revenues   $ 21,260     $ 19,327     $ 19,662     $ 20,921  
Gross profit     7,021       4,579       5,302       6,346  
Income (loss) before income taxes     (5,978 )     (8,408 )     22,265       (5,390 )
Net income (loss)     (5,978 )     (8,408 )     22,265       (5,390 )
Basic and diluted loss per common share   $ (0.13 )   $ (0.18 )   $ 0.47     $ (0.11 )