Discontinued Operations (Tables)

6 Months Ended

12 Months Ended

Jan. 31, 2014

Jul. 31, 2013

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

	January 31,		July 31,
	2014		2013
Assets of Discontinued Operations
Trade and other accounts receivable	$	-	$	106
Prepaid and other current assets		10		26
Property and equipment, net		18		20
	$	28	$	152
Liabilities of Discontinued Operations
Accounts payable		-		4
Accrued expenses and other		53		62
	$	53	$	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		62		393
	$	66	$	416

Condensed results of operations for the discontinued operations for the six months ended January 31, 2014 and 2013 are as follows (in thousands):

	Six Months Ended
	January 31,
	2014		2013
Revenues	$	32		$	660
Royalties earned from sale of business		106			-
Income from discontinued operations	$	76		$	127

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