Goodwill and Intangible Assets (Tables)

6 Months Ended

Jan. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consist of the following at:

	Estimated	January 31,			July 31,
	Useful Lives	2020			2019
In-Process Research & Development		$	8,761,427		$	8,761,427
Non-compete agreements	3 years		1,566,700			1,210,000
Developed software/technology	5 years		172,500			131,000
Vendor agreements and other intangibles			775,674			51,274
			11,276,301			10,153,701
Less accumulated amortization			(628,794	)		(319,432	)
		$	10,647,507		$	9,834,269

Estimated amortization expense

The estimated amortization expense remainder of the current fiscal year and for the next five years and thereafter is as follows:

Year Ending July 31,	Amount
For the period February 1, 2020 to July 31, 2020	$	308,119
2021		616,744
2022		346,794
2023		94,510
2024		75,018
Thereafter		445,166
Total	$	1,886,351

Changes in value of goodwill

Changes in the value of goodwill:

Balance as of July 31, 2019	$	38,297,573
Acquisition of MediSource and Pantheon		603,553
Balance as of January 31, 2020	$	38,901,126