Goodwill and Intangible Assets (Tables)

3 Months Ended

Oct. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consist of the following at:

	Estimated	October 31,			July 31,
	Useful Lives	2020			2020
In-Process Research & Development		$	6,302,427		$	6,302,427
Non-compete agreements	3 years		1,210,000			1,210,000
Developed software/technology	5 years		131,000			131,000
Intellectual Property	5 years		2,459,000			2,459,000
Patents	20 years		51,274			51,274
			10,153,701			10,153,701
Less accumulated amortization			(1,019,517	)		(788,175	)
		$	9,134,184		$	9,365,526

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 nine months ended July 31, 2021	$	692,555
2022		654,190
2023		520,564
2024		500,914
2025		458,202
Thereafter		5,332
Total	$	2,831,757