Stock-Based Compensation (Tables)

12 Months Ended

Jul. 31, 2019

Share-based Payment Arrangement [Abstract]

Common stock options granted, forfeited or expired and exercised

The following is a summary of the common stock options granted, forfeited or expired and exercised under the Plan:

	Options			Weighted Average Exercise Price per Share			Weighted Average Remaining Life (Years)		Aggregate Intrinsic Value
Outstanding – August 1, 2018		379,998		$	1.48			1.11		69,843
Granted		—			—
Forfeited or expired		(147,777	)		(0.05	)
Exercised		—			—
Outstanding - July 31, 2018		232,221		$	1.00			0.25		10,719
Granted		9,976,125			0.71			7.59		20,821,821
Forfeited or expired		(2,219,671	)		(0.43	)		8.18
Exercised		—			—
Outstanding - July 31, 2019		7,988,675		$	0.84			7.21		15,961,391

Fair value assumptions used in Black-Scholes option-pricing

The following assumptions were used in the Black-Scholes option-pricing model:

	Year Ended July 31, 2019
Exercise price	$0.11 – 1.85
Expected term	5 to 10 years
Risk-free interest rate	2.03% - 3.15	%
Estimated volatility	135.2% - 222.2	%
Expected dividend	—
Stock price at valuation date	$0.11 – $1.85