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Long-lived Assets (Tables)
12 Months Ended
Jul. 31, 2013
Property, Plant and Equipment [Abstract]  
Property and Equipment

The costs and accumulated depreciation of property and equipment are summarized as follows:

    July 31,  
    2013     2012  
             
Land   $ -0-     $ 140,450  
Buildings and Improvements     117,898       934,668  
Furniture and Fixtures     23,452       47,794  
Office Equipment     38,690       52,395  
Lab Equipment     327,899       393,781  
                 
Total Property and Equipment     507,939       1,569,088  
                 
Less:  Accumulated Depreciation     422,533       864,410  
                 
Property and Equipment, Net   $ 85,406     $ 704,678  

 

 

Assets Held for Investment, Net

The costs and accumulated depreciation of assets held for investment are summarized as follows:

    July 31,  
    2013     2012  
             
Assets Held For Investment   $ 930,726     $ 1,179,276  
                 
Less:  Accumulated Depreciation     289,954       320,899  
                 
Assets Held for Investment, Net   $ 640,772     $ 858,377