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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended 12 Months Ended
Apr. 30, 2015
Apr. 30, 2014
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2012
Cash Flows From Operating Activities:          
Net loss $ (1,858,450) $ (2,385,273) $ (1,417) $ (8,554,322) $ (9,490,278)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization $ 291,404 280,743 368,447 463,718 612,658
Stock compensation expense   262,871 392,871 837,754 732,928
Common stock issued for services rendered $ 94,312 360,500 $ 286,780 $ 392,421 699,445
Write-off of abandoned patents         440,780
Gain on disposal of property and equipment   (188,869) $ (188,869) $ (1,037,485) (2,027,939)
Common stock issued for interest on convertible debentures & preferred stock     689,850 886,950 485,190
Common stock issued as make-whole payments on preferred stock $ 104,423 522,450      
Change in fair value of derivative liabilities (665,491) (1,360,818) (4,525,739) 3,140,259 1,081,440
Changes in operating assets and liabilities          
Accounts payable and accrued expenses $ (378,275) (300,383) (490,352) 123,556 (1,218,616)
Deferred revenue   (1,181) (1,181) (38,282) (105,395)
Other current assets $ 150,565 51,003 (104,015) 124,197 745,808
Net Cash Used in Operating Activities $ (2,261,512) (2,758,957) $ (3,573,625) $ (3,661,234) (8,043,979)
Cash Flows From Investing Activities:          
Purchase of property and equipment         (2,416)
Proceeds from sale of property and equipment   883,780 $ 883,780 $ 1,764,008 4,953,325
Costs incurred for patents $ (84,389) (61,812) (89,481) (78,948) (173,775)
Net Cash Provided By Investing Activities $ (84,389) 821,968 $ 794,299 1,685,060 4,777,134
Cash Flows From Financing Activities:          
Proceeds from issuance of long-term debt       829,038 3,561,688
Repayment of long-term debt   (606,806) $ (606,806) (1,833,265) (4,821,511)
Proceeds from exercise of warrants   2,301,944 2,301,944 1,845,204 30,000
Proceeds from exercise of stock options $ 6,416 526 526 5,181 1,300
Proceeds from issuance of preferred stock   2,770,000 2,655,000 2,615,000 1,975,000
Net Cash Provided by Financing Activities $ 6,416 4,465,664 4,350,664 3,461,158 746,477
Effect of Exchange Rates on Cash (4,078) (18,894) (10,803) (22,339) (32,120)
Net Increase/(Decrease) in Cash and Cash Equivalents (2,343,563) 2,509,781 1,560,535 1,462,645 (2,552,488)
Cash and Cash Equivalents, Beginning of Year 3,269,489 1,708,954 1,708,954 246,309 2,798,797
Cash and Cash Equivalents, End of Year $ 925,926 4,218,735 3,269,489 1,708,954 246,309
Supplemental Disclosure of Cash Flow Information          
Interest paid in cash   $ 35,542 35,541 $ 327,722 $ 592,525
Issuance of stock options to satisfy compensation liabilities     257,505    
Issuance of stock as financing share issuance costs     115,000    
Issuance of common stock as payment of dividends on preferred stock     $ 689,850 $ 886,950 $ 485,190