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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2024
Apr. 30, 2023
Jul. 31, 2023
Jul. 31, 2022
Cash flows from operating activities:            
Net loss $ 2,795,000 $ (7,458,000) $ (9,200,000) $ (23,359,000)    
Adjustments to reconcile net loss to net cash used in operating activities:            
Depreciation and amortization of property, plant and equipment 3,121,000 2,981,000 9,073,000 8,746,000    
Amortization of intangible assets with finite lives 5,289,000 5,349,000 15,866,000 16,047,000    
Amortization of stock-based compensation 404,000 4,126,000 5,238,000 6,298,000    
Amortization of cost to fulfill assets 240,000 240,000 720,000 720,000    
CEO transition costs related to equity-classified stock-based awards 0 0 0 3,764,000    
Amortization of deferred financing costs     2,694,000 1,257,000    
Change in fair value of warrants (6,439,000) 0 (6,439,000) 0    
Loss (gain) on business divestiture, net 200,000 0 (2,013,000) 0    
Changes in other liabilities     (3,100,000) (3,100,000)    
Loss on disposal of property, plant and equipment     17,000 48,000    
Provision for allowance for doubtful accounts     1,134,000 586,000    
Provision for excess and obsolete inventory     2,243,000 2,753,000    
Deferred income tax benefit     (1,013,000) (4,926,000)    
Changes in assets and liabilities, net of effects of divestiture:            
Accounts receivable     (42,068,000) (21,070,000)    
Inventories     (10,189,000) (14,383,000)    
Prepaid expenses and other current assets     1,596,000 1,826,000    
Other assets     1,159,000 (3,547,000)    
Accounts payable     (7,316,000) 18,199,000    
Accrued expenses and other current liabilities     2,117,000 (797,000)    
Contract liabilities     (3,305,000) 8,621,000    
Other liabilities, non-current     41,000 142,000    
Interest payable     (112,000) 1,037,000    
Income taxes payable     (2,141,000) 961,000    
Net cash used in operating activities     (44,998,000) (177,000) $ (4,433,000) $ 1,997,000
Cash flows from investing activities:            
Proceeds from divestiture     33,225,000 0    
Purchases of property, plant and equipment (2,667,000) (4,955,000) (8,904,000) (14,873,000)    
Net cash provided by (used in) investing activities     24,321,000 (14,873,000)    
Cash flows from financing activities:            
Proceeds from issuance of convertible preferred stock     43,200,000 0    
Net borrowings of long-term debt under Revolving Loan Facility     17,554,000 31,000,000    
Repayment of debt under Term Loan     (20,613,000) (1,250,000)    
Remittance of employees’ statutory tax withholding for stock awards     (3,810,000) (2,766,000)    
Payment of deferred financing costs     (3,180,000) (3,791,000)    
Cash dividends paid on common stock     (267,000) (8,658,000)    
Proceeds from issuance of employee stock purchase plan shares     219,000 370,000    
Repayment of principal amounts under finance lease liabilities     0 (4,000)    
Net cash provided by financing activities     28,908,000 14,800,000    
Net increase (decrease) in cash and cash equivalents     8,231,000 (250,000)    
Cash and cash equivalents at beginning of period     18,961,000 21,654,000 21,654,000  
Cash and cash equivalents at end of period $ 27,192,000 $ 21,404,000 27,192,000 21,404,000 $ 18,961,000 $ 21,654,000
Cash paid during the period for:            
Interest     12,743,000 8,070,000    
Income taxes, net     3,794,000 123,000    
Non-cash investing and financing activities:            
Accrued additions to property, plant and equipment     1,630,000 1,421,000    
Adjustment to reflect redemption value of convertible preferred stock     11,992,000 5,213,000    
Unpaid convertible preferred stock issuance costs     154,000 0    
Accrued deferred financing costs     1,479,000 17,000    
Accrued remittance of employees' statutory tax withholdings     4,000 0    
Cash dividends declared on common stock but unpaid, including (reversal) accrual of dividend equivalents     (104,000) 342,000    
Accrued shelf registration costs     20,000 0    
Reclassification of finance lease right-of-use assets to property, plant and equipment     0 274,000    
Issuance of restricted stock     0 9,000    
Convertible Preferred Stock            
Cash flows from financing activities:            
Payment of issuance costs     (4,195,000) 0    
Shelf Registration            
Cash flows from financing activities:            
Payment of issuance costs     $ 0 $ (101,000)