v3.22.4
Leases (Tables)
 3 Months Ended 12 Months Ended
Oct. 31, 2022
Jul. 31, 2022
Leases    
Schedule of Operating Lease Liabilities

Supplemental balance sheet information related to leases as of October 31, 2022 was as follows:

 

Operating Leases: 

As of October 31,

2022

  

As of July 31,

2022

 
Operating lease right-of-use assets  $3,931,083   $4,665,515 
Operating Leases:          
Current portion included in current liabilities  $978,570   $1,111,571 
Long-term portion included in non-current liabilities   3,513,897    4,126,636 
Total operating lease liabilities  $4,492,467   $5,238,207 

Supplemental balance sheet information related to leases as of July 31, 2022 and 2021 is as follows:

 

           
Operating Leases:  As of July 31, 2022   As of July 31, 2021 
Operating lease right-of-use assets  $4,665,515   $5,445,744 
Operating Leases:          
Current portion included in current liabilities  $1,111,571   $845,483 
Long-term portion included in non-current liabilities   4,126,636    5,238,207 
Total operating lease liabilities  $5,238,207   $6,083,690 
Schedule of Lease Expenses

Supplemental lease expense related to leases is as follows:

 

  

For the Three

Months Ended

October 31, 2022

  

For the Three

Months Ended

October 31, 2021

 
Operating lease cost  $379,116   $369,792 
Total lease expense  $379,116   $369,792 

Supplemental lease expense related to leases is as follows:

 

           
   For the Year Ended July 31, 2022   For the Year Ended July 31, 2021 
Operating lease cost  $1,506,546   $1,482,956 
Total operating lease cost  $1,506,546   $1,482,956 
Schedule of Other Information Related to Leases

Other information related to leases where the Company is the lessee is as follows:

 

  

As of

October 31, 2022

 
Weighted-average remaining lease term   3.9 years 
Weighted-average discount rate   10.13%

Other information related to leases where the Company is the lessee is as follows:

 

   As of July 31, 2022   As of July 31, 2021 
Weighted-average remaining lease term   4.0 years    5.0 years 
Weighted-average discount rate   9.97%   9.95%
Schedule of Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases is as follows:

 

  

For the Three

Months Ended

October 31, 2022

  

For the Three

Months Ended

October 31, 2021

 
Cash paid for operating lease liabilities  $390,424   $380,284 
Total cash flows related to operating lease liabilities  $390,424   $380,284 

Supplemental cash flow information related to operating leases are as follows:

 

           
   For the Year Ended July 31, 2022   For the Year Ended July 31, 2021 
Cash paid for operating lease liabilities  $1,543,000   $1,272,290 
Total cash flows related to operating lease liabilities  $1,543,000   $1,272,290 
Schedule of Future Minimum Lease Payments Under Non-Cancellable Lease

Future minimum lease payments under non-cancellable leases as of October 31, 2022 is as follows:

 

Years ending July 31,     
2023 – the remainder of the fiscal year   $1,054,361 
2024    1,350,056 
2025    1,390,558 
2026    1,432,274 
2027    240,688 
Total minimum lease payments    5,467,937 
Less: Imputed interest    (975,470)
Total   $4,492,467 

Future minimum lease payments under non-cancellable leases as of July 31, 2022 is as follows:

 

      
Years ending July 31,    
2023  $1,585,224 
2024   1,539,142 
2025   1,516,126 
2026   1,533,882 
2027   240,688 
Total minimum lease payments   6,415,062 
Less: Imputed interest   (1,176,855)
Total  $5,238,207