Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Cash flows from operating activities:    
Net (loss) income $ (2,319) $ 299
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization of property, plant and equipment 611 585
Amortization of intangible assets 90 75
Share-based compensation charges 216 167
Share-based 401(k) employer match expense 167 211
Foreign exchange loss 342 152
Unrealized loss on marketable securities 196
Changes in operating assets and liabilities:    
Accounts receivable (1,120) (2,865)
Inventories (1,289) (340)
Prepaid expenses and other assets 171 (314)
Accounts payable – trade (2,198) (658)
Accrued liabilities, other current liabilities and other liabilities (910) 1,480
Total adjustments (3,724) (1,507)
Net cash used in operating activities (6,043) (1,208)
Cash flows from investing activities:    
Purchases of marketable securities (28)
Capital expenditures (1,033) (617)
Net cash used in investing activities (1,061) (617)
Cash flows from financing activities:    
Repayments under mortgage agreement and finance leases (57) (113)
Net cash used in financing activities (57) (113)
Effect of exchange rate changes on cash and cash equivalents (7) (13)
Decrease in cash and cash equivalents and restricted cash (7,168) (1,951)
Cash and cash equivalents and restricted cash - beginning of period 14,274 48,615
Total cash and cash equivalents and restricted cash - end of period 7,106 46,664
The composition of total cash and cash equivalents and restricted cash is as follows:    
Cash and cash equivalents 6,356 45,914
Restricted cash included in other assets 750 750
Total cash and cash equivalents and restricted cash $ 7,106 $ 46,664