Annual report pursuant to Section 13 and 15(d)

Stockholders??? Equity (Tables)

v3.21.2
Stockholders’ Equity (Tables)
 12 Months Ended
Jul. 31, 2021
Stockholders' Equity Note [Abstract]  
Schedule of the option activity pursuant to the Company’s stock option plans
    2021     2020     2019  
    Options     Weighted -
Average
Exercise
Price		     Options     Weighted -
Average
Exercise
Price		     Options     Weighted -
Average
Exercise
Price		  
Outstanding at beginning of year     2,636,496     $ 4.05       2,351,040     $ 4.53       1,882,116     $ 4.96  
New Grants     543,104     $ 2.57       773,032     $ 2.40       715,321     $ 2.81  
Exercised     (34,667 )   $ 2.80      
—
     $
—
       (238,230 )   $ 2.69  
Expired or forfeited     (640,370 )   $ 3.52       (487,576 )   $ 3.71       (8,167 )   $ 6.55  
Outstanding at end of year     2,504,563     $ 3.74       2,636,496     $ 4.05       2,351,040     $ 4.53  
Exercisable at end of year     1,561,326     $ 4.37       1,457,162     $ 5.10       1,342,564     $ 5.16  
Weighted average fair value of options granted during year           $ 1.27             $ 1.01             $ 1.07  

 
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 %		   Vested Shares at 7/31/2021  
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     271,066  
                                                               
2019       715,321     $ 2.80 - $3.21       5       2 - 3     $ 1.06 – $1.23     3.25 - 3.5   48.06 - 50.56   2.47- 2.96     525,547  

 
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 - $3.32     1,748,017       3.5     $ 2.57  
$ 4.35 - $4.42     255,000       2.0     $ 4.42  
$ 5.52 - $8.36     501,546       0.7     $ 7.15  
        2,504,563                  

 

Range of Exercise prices   Shares     Weighted-
Average
Remaining Contractual
Life in
Years		     Weighted-
Average
Exercise
Price		  
$ 2.20 - $3.32     819,947       2.8     $ 2.66  
$ 4.35 - $4.42     238,333       2.0     $ 4.42  
$ 5.52 - $8.36     503,046       0.7     $ 7.15  
        1,561,326                  

 
Schedule of PSU’s granted and outstanding
Grant Date   Total Grant     Forfeitures     Outstanding    

Fair Market Value
At Grant Date (000s)

  
1/3/2019     80,500       (14,500 )     66,000     $ 222  
2/25/2020     98,600      
—
       98,600     $ 207