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STOCK-BASED COMPENSATION (Details Textual)
3 Months Ended
Oct. 31, 2018
USD ($)
shares
Stock Issued During Period Shares Stock Options Exercised in Cash | shares 66,250
Stock Issued During Period, Value, Stock Options Exercised $ 72,362
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value 98,178
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value 1,178,406
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value 1,134,556
Share-based Compensation Arrangement By Sharebased Payment Award Options Unvested In Period Fair Value1 $ 43,850
Employee Stock Option [Member]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | shares 183,500
2018 Stock Incentive Plan [Member]  
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized $ 1,085,578
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition 1 year 29 days
Options Exercised [Member]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | shares 117,250
Options Exercised [Member] | Employee Stock Option [Member]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | shares 117,250
Common Stock [Member]  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | shares 100,422
Stock Issued During Period, Value, Stock Options Exercised $ 100