Discontinued Operations (Tables)

12 Months Ended

Jul. 31, 2013

Discontinued Operations [Abstract]

Assets and liabilities related to discontinued operation

Further, assets and liabilities related to the discontinued operations in the accompanying consolidated balance sheets are as follows (in thousands):

	July 31,		July 31,
	2013		2012
Assets of Discontinued Operations	$
Accounts receivable		106	$	294
Inventories		-		543
Prepaid and other current assets		26		23
Property and equipment, net		20		25
	$	152	$	885
Liabilities of Discontinued Operations
Accounts payable		4		23
Accrued expenses and other		215		393
	$	219	$	416

Condensed results of operation for discontinued operation

Condensed results of operations for the discontinued operations for the years ended July 31, 2013 and 2012 are as follows (in thousands):

	For the Years Ended July 31,
	2013		2012
Revenues	$	1,223	$	1,826
Income from discontinued operations		342		455
Loss on sale of discontinued operations		(286)		-
Net income from discontinued operations	$	56	$	455