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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended 201 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2012
Revenues, net $ 28,651 $ 291,628 $ 1,172,611 $ 5,110,784
Cost of Goods Sold 11,109 155,619 812,266 1,620,375
Gross profit 17,542 136,009 360,345 3,490,409
Operating Expenses:        
Research and development 4,987,236 10,250,397 13,361,156 131,975,964
Research and development - related party 0 0 0 220,218
Selling and marketing 165,175 1,025,774 3,709,767 9,333,214
General and administrative 4,889,179 13,392,920 12,719,239 147,802,156
General and administrative - related party 0 0 0 314,328
Total Operating Expenses 10,041,590 24,669,091 29,790,162 289,645,880
Operating Loss (10,024,048) (24,533,082) (29,429,817) (286,155,471)
Other Income (Expense):        
Miscellaneous income (expense) 0 489,292 750 686,303
Income from assets held for investment, net (Note 3) 2,206,216 349,458 206,575 4,334,257
Interest income 1,519 6,455 27,045 7,781,893
Interest expense (592,525) (208,906) (210,083) (69,008,682)
Change in fair value of derivative liabilities (Note 12) (1,081,440) 2,220,916 4,125,590 (715,977) [1]
Loss on extinguishment of debt 0 0 0 (14,134,068)
Net Loss Before Undernoted (9,490,278) (21,675,867) (25,279,940) (357,211,745)
Minority Interest Share of Loss 0 0 0 3,038,185
Net loss (9,490,278) (21,675,867) (25,279,940) (354,173,560)
Preferred Stock Dividend 376,746 766,417 0 3,438,220
Net Loss Available to Common Stockholders $ (9,867,024) $ (22,442,284) $ (25,279,940) $ (357,611,780)
Basic and Diluted Net Loss Per Common Share (Note 16) (in dollars per share) $ (0.03) $ (0.08) $ (0.10)  
Weighted Average Number of Shares of Common Stock Outstanding - basic and diluted (Note 16) (in shares) 332,333,583 284,818,486 144,409,840  
[1] includes $5,981,403 as adjustment related to the adoption of FASB ASC Topic 815 in "Cumulative from November 2, 1995 (Date of Inception) to July 31, 2012" column. See Note 12 - Derivative Warrant Liability.