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Leases (Details Textual)
6 Months Ended
Jan. 31, 2021
USD ($)
Leases [Abstract]  
Amortization of assets $ 64,579
Amortization of liabilities $ 64,579
Lease rates, percentage 8.00%
Lease term, description The leased properties have a remaining lease term of sixteen to seventy-two months as of August 1, 2019. At the option of the Company, it can elect to extend the term of the leases.
Lease, description The Company entered into a new office lease, with a monthly base lease payment and applicable shared expenses of $4,750 and $2,140, respectively. The base rent will increase on an annual basis by 2% of the base lease payment. The lease expires on January 1, 2026 and at the option of the Company, the lease can be extended for one (1) five (5) year term with a base rent at the prevailing market rate at the time of the renewal. The Company recorded ROU asset and liability of $254,375 for this new lease, using the incremental borrowing rate of 8.0% over a 5 year term.