Derivative Liability (Tables)

12 Months Ended

Jul. 31, 2020

Notes to Financial Statements

Schedule of Derivative Liabilities at Fair Value

following table presents the activity for derivative liabilities measured at estimated fair value:

	Derivative Liability - Convertible Notes			Derivative Liability - Warrants			Derivative Liability - Downside Protection			Total
Balance as of July 31, 2018	$	—		$	—		$	—		$	—
Additions during the period		5,178,241			353,465			6,424,338			11,956,044
Change in fair value		988,267			(28,214	)		(3,085,502	)		(2,125,449	)
Change due to exercise / redemptions		(2,010,312	)		—			—			(2,010,312	)
Balance as of July 31, 2019		4,156,196			325,251			3,338,836			7,820,283
Additions during the period		1,864,239			30,353			—			1,894,592
Change in fair value		(716,143	)		255,197			5,061,164			4,600,218
Change due to exercise / redemptions		(4,561,901	)		(36,435	)		—			(4,598,336	)
Expiration of downside protection		—			—			(8,400,000	)		(8,400,000	)
Balance as of July 31, 2020	$	742,391		$	574,366		$	—		$	1,316,757