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Leases (Tables)
6 Months Ended
Jan. 31, 2023
Leases [Abstract]  
Schedule of leased properties have a remaining lease term
Location   Annual Rent     Lease Expiration Date   Business Use   Approx.
Sq. Ft.
 
8023 Vantage Dr., Suite 660, San Antonio, Texas 78230   $ 49,136     Sep-27   Executive offices     2,843  
10967 Via Frontera, San Diego, CA 92127   $ 369,229     Mar-26   Office space     18,541  
1610 Royal Palm Avenue, Suite 300, Fort Myers, FL 33901   $ 83,260     Dec-25   Office space and network facilities     6,800  
2121 Ponce de Leon Blvd., Suite 200, Coral Gables FL 33134   $ 106,553     Dec-27   Office space & wireless internet network     4,623  
7218 McNeil Dr., FL-1, Austin, TX 78729   $ 21,000     Mar-24   Network facilities     25  
9701 S. John Young Parkway, Orlando, FL 32819   $ 25,440     May-23   Network facilities     540  
50 NE 9th St, Miami, FL 3313   $ 41,300     May-23   Network facilities     25  
350 NW 215 St., Miami Gardens, FL 33169   $ 29,254     May-23   Wireless internet network     100  
8333 NW 53rd St, Doral, FL 33166   $ 14,021     Jul-25   Wireless internet network     100  
100 SE 2nd Street, Miami, FL 33131   $ 36,466     Jan-24   Wireless internet network     100  
9055 SW 73rd Ct, Miami, FL 33156   $ 8,787     Dec-23   Wireless internet network     100  
9517 Fontainebleau Blvd., Miami, FL 33172   $ 11,907     Aug-24   Wireless internet network     100  

 

Schedule of recognition of ROU assets and lease liabilities for operating leases
ROU Asset  July 31, 2022  $2,436,035 
Amortization     $(492,272)
Addition - Asset     $
-
 
ROU Asset  January 31, 2023  $1,943,763 
         
Lease Liability  July 31, 2022  $2,584,865 
Amortization     $(431,587)
Addition - Liability     $
-
 
Lease Liability  January 31, 2023  $2,153,278 
         
Lease Liability  Short term  $623,987 
Lease Liability  Long term  $1,529,291 
Lease Liability  Total:  $2,153,278 
         
Operating  lease cost:     $445,536 
         
Cash paid for amounts included in the measurement of lease labilities:        
         
Operating cashflow from operating leases:     $445,536 
         
Weighted-average remain lease term-operating lease:      3.6 years 
         
Weighted-average discount rate      5.0%

 

Schedule of future minimum lease payment
   Lease 
Period Ending July 31,  Payments 
2023*   380,558 
2024   650,734 
2025   603,439 
2026   431,377 
2027   176,771 
Total:  $2,242,879 

 

  * remaining 6 Months

 

Less: amounts representing interest   89,601 
      
Present value of net minimum operating lease payments  $2,153,278