• Filing Date: 2020-06-12
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2020
Jul. 31, 2019
Current assets:    
Cash and cash equivalents $ 4,630 $ 1,609
Trade accounts receivable, net of allowance for doubtful accounts of $0 at April 30, 2020 and July 31, 2019 935 1,133
Prepaid expenses 180 380
Other current assets 45 103
Total current assets 5,790 3,225
Property and equipment, net 2,781 3,396
Goodwill 1,937 2,266
Other assets 455 120
Total assets 10,963 9,007
Current liabilities:    
Trade accounts payable 340 217
Insurance premium loan payable 16 141
Accrued expenses and other current liabilities 1,243 1,172
Deferred revenues 1,069 517
Total current liabilities 2,668 2,047
Loans Payable 218
Other liabilities 145
Total liabilities 3,031 2,047
Commitments and contingencies (Notes 8 and 12)
Stockholders' equity:    
Preferred stock, $.01 par value; authorized shares-2,400; no shares issued
Additional paid-in capital 25,624 23,131
Accumulated other comprehensive loss (1,469) (985)
Accumulated deficit (16,269) (15,243)
Treasury stock, 40 shares at April 30, 2020 and 22 shares at July 31, 2019, at cost (76) (47)
Total stockholders' equity 7,932 6,960
Total liabilities and stockholders' equity 10,963 9,007
Class A common stock    
Stockholders' equity:    
Common stock value 5 5
Total stockholders' equity 5 5
Class B common stock    
Stockholders' equity:    
Common stock value 117 99
Total stockholders' equity $ 117 $ 99