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Net (Loss) / Income Per Share (“EPS”)
12 Months Ended
Jul. 31, 2017
Accounting Policies [Abstract]  
Net Income (Loss) Per Share (EPS)

Note 10 - Net (Loss) / Income Per Share (“EPS”):

 

Basic EPS and diluted EPS for the years ended July 31, 2017 and 2016 have been computed by dividing the net loss available to common stockholders for the period by the weighted average shares outstanding during the period. All outstanding stock options, non-vested restricted stock, warrants and common stock underlying convertible preferred stock, representing 1,534,095 and 456,010 incremental shares, have been excluded from the respective 2017 and 2016 computation of diluted EPS as they are anti-dilutive.