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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Oct. 31, 2018
Oct. 31, 2017
OPERATING REVENUES:    
Cloud-based hosted services $ 1,522 $ 55
Total operating revenues 1,522 55
OPERATING EXPENSES:    
Cost of services (exclusive of depreciation and amortization) 757 45
Selling, general and administrative expense 743 201
Stock compensation & warrant expense 144 56
Legal and professional fees 124 119
Bad debt (3)
Depreciation and amortization expense 170 4
Total operating expenses 1,935 425
OPERATING LOSS (413) (370)
OTHER INCOME (EXPENSE):    
Loss on derivative instruments (139)
Income tax (13)
Interest income (expense) (376)
Total other income (expense) (528)
NET LOSS INCLUDING NONCONTROLLING INTEREST (941) (370)
Less: Net loss attributable to the noncontrolling interest 27
NET LOSS ATTRIBUTABLE TO DIGERATI'S SHAREHOLDERS $ (914) $ (370)
INCOME (LOSS) PER SHARE - BASIC $ (0.07) $ (0.04)
INCOME (LOSS) PER SHARE - DILUTED $ (0.07) $ (0.04)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC 12,905,639 8,798,089
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - DILUTED 12,905,639 8,798,089