Subsequent Events (Tables)

9 Months Ended

Apr. 30, 2018

Subsequent Events [Abstract]

Schedule of Black-Scholes option pricing model

Expected dividend yield	0.00	%
Expected stock price volatility	162.72	%
Risk-free interest rate	2.78	%
Expected term	5.0 years

Schedule of allocation of the fair values assigned to the assets and liabilities

	(in thousands)
	T3
Cash	$	250
Accounts receivable		323
Intangible assets and Goodwill		2,569
Property and equipment, net		568
Other Assets		329
Total identifiable net assets	$	4,039
Less: liabilities assumed		(827	)
Total Purchase price	$	3,212

Schedule of pro-forma consolidated balance sheet and operations

	As of April 30, 2018
	As Reported			Adds			Pro Forma
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	727		$	(353	)	$	374
Accounts receivable		8			323			331
Other current assets		37			329			366
Escrow Deposits related to acquisition		1,495			(1,495	)		-
Total current assets	$	2,267		$	(1,196	)	$	1,071
LONG-TERM ASSETS:
Intangible assets, net		268			2,569			2,837
Property and equipment, net		85			568			653
Total assets	$	2,620		$	1,941		$	4,561
LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES:
Accounts payable & accrued liabilities	$	1444		$	741		$	2,185
Current debt net of discount		1,530			1,200			2,730
Other long term liabilities		547			-			547
Long term debt		500			-			500
Total liabilities		4,021			1,941			5,962
Total stockholders' deficit		(1,401	)		-			(1,401	)
Total liabilities and stockholders' deficit	$	2,620		$	1,941		$	4,561

	Nine months ended April 30,
	As 2018						As 2017
	Reported			Pro Forma			Reported			Pro Forma
Revenue	$	403		$	4,247		$	137		$	3,995
Income (loss) from operations		(2,452	)		(2,236	)		(1,556	)		(1,367	)
Net income (loss)	$	(2,547	)	$	(2,425	)	$	(1,556	)	$	(1,676	)
Earnings (loss) per common share-Basic and Diluted	$	(0.26	)	$	(0.25	)	$	(0.26	)	$	(0.28	)