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Property and Equipment (Tables)

12 Months Ended

Jul. 31, 2012


	2012			2011
Leasehold improvements	$	65		$	65
Equipment		663			816
Furniture and fixtures		151			151

Total		879			1,032
Less: accumulated depreciation		(527	)		(809	)

Property and equipment, net	$	352		$	223

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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