Net Income Per Share (EPS) (Tables)

12 Months Ended

Jul. 31, 2019

Accounting Policies [Abstract]

Computation of diluted EPS

Common stock equivalents are included in the diluted income per share calculation only when option exercise prices are lower than the average market price of the common shares for the period presented.

	Year Ended
	July 31,		July 31,
	2019		2018
Weighted average number of common shares outstanding - Basic		48,360,127		1,068,100
Potentially dilutive common stock equivalents		5,157,374		1,523,028
Weighted average number of common and equivalent shares outstanding-Diluted		53,517,501		2,591,129

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table provides weighted average number of common stock equivalents not included in diluted income per share, because the effects are anti-dilutive, for the years ended July 31, 2019 and 2018, respectively.

	Year Ended
	July 31,		July 31,
	2019		2018
Stock options		2,831,301		17,850
Warrants		15,399,681		—
Total		18,230,982		17,850