Leases

6 Months Ended

Jan. 31, 2024

Leases [Abstract]

LEASES

NOTE 22 – LEASES

The Company is the lessor of the Israeli property which is leased to tenants under net operating leases with a term expiration date within 2025. Lease income included on the consolidated statements of operations and comprehensive loss was $68 thousand and $70 thousand for the three months ended January 31, 2024 and 2023, respectively. Lease income included on the consolidated statements of operations and comprehensive loss was $136 thousand and $140 thousand for the six months ended January 31, 2024 and 2023, respectively. During the three and six months ended January 31, 2024 and 2023, no real estate property taxes were included in rental income.

The future contractual minimum lease payments to be received (excluding operating expense reimbursements) by the Company as of January 31, 2024, under non-cancellable operating leases which expire on various dates through 2025 are as follows:

Year ending July 31,	Related Parties		Other		Total
	(in thousands)
2024	$	38	$	—	$	38
2025		78		—		78
Total Minimum Future Rental Income	$	116	$	—	$	116

A related party has the right to terminate the Israeli lease upon four months’ notice.