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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2018
Jul. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 591 $ 388
Accounts receivable, net 193 229
Prepaid and other current assets 82 124
Total current assets 866 741
LONG-TERM ASSETS:    
Intangible assets, net 2,951 3,046
Property and equipment, net 653 713
Other assets 59 59
Total assets 4,529 4,559
CURRENT LIABILITIES:    
Accounts payable 1,194 1,177
Accrued liabilities 1,047 893
Current portion of capital lease obligations 31 30
Convertible note payable, current, net $116 and $187, respectively 656 585
Note payable, current, related party 129 126
Note payable, current, net $31 and $0, respectively 785 725
Convertible note payable, current, net $182 and $273, respectively 124 33
Deferred income 390 262
Derivative liability 772 632
Total current liabilities 5,128 4,463
LONG-TERM LIABILITIES:    
Convertible debenture, net $213 and $273, respectively 47 27
Notes payable, related party, net $34 and $38, respectively 476 505
Note payable 500 500
Obligations under capital leases 56 64
Total long-term liabilities 1,079 1,096
Total liabilities 6,207 5,559
Commitments and contingencies
STOCKHOLDERS' DEFICIT:    
Preferred stock, $0.001, 50,000,000 shares authorized, none issued and outstanding
Common stock, $0.001, 150,000,000 shares authorized, 13,116,815 and 12,775,143 issued and outstanding, respectively 13 13
Additional paid in capital 80,256 79,993
Accumulated deficit (81,714) (80,800)
Other comprehensive income 1 1
Total Digerati's stockholders' deficit (1,444) (793)
Noncontrolling interest (234) (207)
Total stockholders' deficit (1,678) (1,000)
Total liabilities and stockholders' deficit $ 4,529 $ 4,559