Derivative Liability (Tables)

9 Months Ended

Apr. 30, 2021

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 April 30, 2021:

	Derivative Liability - Convertible Notes			Derivative Liability - Warrants			Derivative Liability PIPE Warrants			Total
Balance as of July 31, 2020	$	742,391		$	574,366		$	—		$	1,316,757
Change Due to Issuances		451,080						21,574,216			22,025,296
Change due to exercise / redemptions		(576,135	)		—			(1,840,530	)		(2,416,665	)
Change in fair value		(432,653	)		(574,366	)		(3,144,369	)		(4,151,388	)
Balance as of April 30, 2021	$	184,683		$	—		$	16,589,317		$	16,774,000