Derivative Liability (Tables)

3 Months Ended

Oct. 31, 2020

Notes to Financial Statements

Schedule of Derivative Liabilities at Fair Value

Based on the various convertible notes described in Note 7, and the sale of common stock in a private investment in public equity (“PIPE”) described in Note 9, the fair value of applicable derivative liabilities on notes, warrants and change in fair value of derivative liability are as follows as of October 31, 2020:

	Derivative Liability - Convertible Notes			Derivative Liability - Warrants			Total
Balance as of July 31, 2020	$	742,391		$	574,366		$	1,316,757
Additions during the period		—			21,574,216			21,574,216
Change in fair value		111,150			(4,131,002	)		(4,019,852	)
Change due to conversion / exercise		(538,084	)		(1,840,530	)		(2,378,614	)
Balance as of October 31, 2020	$	315,457		$	16,177,050		$	16,492,507