Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Details (Tables)

v3.22.2.2
Balance Sheet Details (Tables)
 3 Months Ended
Oct. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net, is comprised of the following:

 

October 31, 2022 July 31, 2022
Equipment and furniture $ 1,944,540 $ 1,944,540
Computer software 109,242 109,242
Leasehold improvements 32,651 32,651
Construction in progress 446,367 446,367
Property and equipment, gross 2,532,800 2,532,800
Accumulated depreciation and amortization (1,599,099 ) (1,554,186 )
Total $ 933,701 $ 978,614
 
Schedule of Intangible Assets

Intangible assets, net, is comprised of the following:

 

October 31, 2022 July 31, 2022
License $ 495,000 $ 495,000
Accumulated amortization (133,941 ) (116,471 )
Total $ 361,059 $ 378,529
 
Schedule of Amortization Expense of Intangible Assets

At October 31, 2022, the estimated amortization expense by fiscal year based on the current carrying value of intangible assets is as follows:

 

 

Years ending July 31,
2023 – the remainder of the fiscal year $ 52,412
2024 69,882
2025 69,882
2026 69,882
2027 69,882
Thereafter 29,119
Total $ 361,059
 
Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities are comprised of the following:

 

October 31, 2022 July 31, 2022
Research and development costs $ 3,402,401 $ 3,210,627
Professional services fees 1,319,890 877,411
Other 80,165 120,184
Total $ 4,802,456 $ 4,208,222
 
Schedule of Accrued Compensation

Accrued compensation is comprised of the following:

 

 

October 31, 2022 July 31, 2022
Accrued payroll $ 208,781 $ 311,662
401K payable 15,579 7,333
Accrued severance 244,258 57,982
Total $ 468,618 $ 376,977