Goodwill and Intangible Assets (Tables)

9 Months Ended

Apr. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consist of the following at:

		April 30,			July 31,
	Estimated Useful Lives	2021			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			(1,480,750	)		(788,175	)
		$	8,672,951		$	9,365,526

Estimated amortization expense

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

	Amount
Remainder of fiscal year ended July 31, 2022		295,185
July 31, 2023		597,523
July 31, 2024		520,564
July 31, 2025		494,364
July 31, 2026		458,202
Thereafter		4,686
	$	2,370,524