Discontinued Operations (Tables)

3 Months Ended

12 Months Ended

Oct. 31, 2013

Jul. 31, 2013

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

	October 31,		July 31,
	2013		2013
Assets of Discontinued Operations
Trade and other accounts receivable	$	79	$	106
Prepaid and other current assets		13		26
Property and equipment, net		19		20
	$	111	$	152
Liabilities of Discontinued Operations
Accounts payable		11		4
Accrued expenses and other		66		62
	$	77	$	66

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 operations for the discontinued operations for the three months ended October 31, 2013 and 2012 are as follows (in thousands):

	Three Months Ended
	October 31,
	2013		2012
Revenues	$	27		$	348
Royalties earned from sale of business		69			-
Income from discontinued operations	$	58		$	82

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