Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Cash flows from operating activities:    
Net loss $ (3,691) $ (4,494)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization of property, plant and equipment 652 801
Amortization of intangible assets 497 421
Provision for uncollectible accounts receivable 1,594 1,286
Income tax benefit (197) (34)
Share based compensation charges 142 213
Share based 401(k) employer match expense 147 130
Foreign currency transaction gain (282) (57)
Changes in operating assets and liabilities:    
Accounts receivable (1,410) (724)
Inventories 190 17
Prepaid expenses 259 402
Accounts payable – trade (1,125) (1,341)
Accrued liabilities, other current liabilities and other liabilities 1,747 1,078
Total adjustments 2,214 2,192
Net cash used in operating activities (1,477) (2,302)
Cash flows from investing activities:    
Purchases of short term investments   (10,000)
Maturities of short term investments   10,000
Capital expenditures (291) (252)
Security deposits and other (44) (106)
Net cash used in investing activities (335) (358)
Cash flows from financing activities:    
Installment loan payments (28) (33)
Net cash used in financing activities (28) (33)
Effect of exchange rate changes on cash and cash equivalents 165 (91)
Decrease in cash and cash equivalents (1,675) (2,784)
Cash and cash equivalents - beginning of period 15,076 14,161
Cash and cash equivalents - end of period $ 13,401 $ 11,377