Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jul. 31, 2014

Aggregate Cash and Cash Equivalents, Short and Long Term Investments

As of July 31, 2014 and 2013, aggregate cash and cash equivalents consisted of (in thousands):

July 31, 2014:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair  Market Value
Cash and cash equivalents	$	12,241	$	—	$	—	$	12,241
Total	$	12,241	$	—	$	—	$	12,241

July 31, 2013:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair  Market Value
Cash and cash equivalents	$	21,041	$	—	$	—	$	21,041
Total	$	21,041	$	—	$	—	$	21,041

Estimated Useful Lives of Assets

Under the going concern basis of accounting, property and equipment were stated at cost and depreciated over the estimated useful lives of the assets using the straight-line method, based upon the following asset lives:

Computer and telecommunications equipment	2 to 3 years
Computer software	3 years
Furniture and office equipment	5 years
Leasehold improvements	Shorter of lease term or useful life of asset

Summary of Allowance for Doubtful Accounts

Activity in the Company’s allowance for doubtful accounts is summarized as follows (in thousands):

	July 31, 2013
Beginning balance	$	42
Adjustment		(42	)
Write off		—
Ending balance	$	—

Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share data):

	Eight Months Ended March 23, 2013
Net loss	$	(3,512	)
Denominator:
Weighted-average shares of common stock outstanding		28,882
Weighted-average shares subject to repurchase		—
Shares used in per-share calculation—basic		28,882
Weighted-average shares of common stock outstanding		28,882
Weighted common stock equivalents		—
Shares used in per-share calculation—diluted		28,882
Net loss per share:
Basic	$	(0.12	)
Diluted	$	(0.12	)