v3.25.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Operating activities    
Net loss $ (1,833) $ (9,132)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 48 42
Amortization of intangible assets 335 1,270
Amortization of capitalized software and technology development costs 541 808
Amortization of deferred financing costs 15
Stock-based compensation 1,308 1,673
Impairment charge of capitalized software and technology development costs 827
Impairment charge of intangible assets 11,958
Impairment of investment in privately-held company 50
Deferred income taxes (184) (2,650)
Change in assets and liabilities:    
Trade accounts receivable 87 (442)
Prepaid expenses and other current assets (353) 195
Other assets (54) 34
Trade accounts payable and accrued expenses 229 1,073
Deferred revenues 1,797 261
Net cash provided by operating activities 2,748 5,155
Investing activities    
Capitalized software and technology development costs (329) (993)
Purchase of property and equipment (49) (35)
Net cash used in investing activities (378) (1,028)
Financing activities    
Prepayment of term loan (2,000)
Proceeds from exercise of stock options 3
Purchase of treasury stock in connection with share buyback program and stock awards vesting (2,030) (165)
Net cash used in financing activities (2,030) (2,162)
Effect of exchange rate changes on cash and cash equivalents 95 (165)
Net increase in cash and cash equivalents 435 1,800
Cash and cash equivalents at beginning of period 19,998 18,125
Cash and cash equivalents at end of period 20,433 19,925
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments made for income taxes 194 80
Cash payments made for interest expenses $ 66