v3.25.1
LEASE (Tables)
9 Months Ended
Apr. 30, 2025
LEASE  
Summary of lease Cost

 

 

Three months ended

 

 

Nine months ended

 

 

 

April 30,

 

 

April 30,

 

 

 

2025

 

 

2025

 

Operating lease cost

 

$12,000

 

 

$32,000

 

Variable lease cost

 

 

(775)

 

 

1,677

 

Total lease cost

 

$11,225

 

 

$33,677

 

Summary supplemental cash flow information

Cash paid for operating cash flows from operating leases

 

$32,000

 

 

 

 

 

 

Weighted-average discount rate — operating leases

 

 

5.88%

Weighted-average remaining lease term - operating leases (year)

 

 

1.76

 

Summary of balance sheet information

 

 

April 30,

 

 

 

2025

 

Operating lease right-of-use asset

 

$74,612

 

Operating lease liabilities:

 

 

 

 

Current portion

 

 

44,725

 

Non-current portion

 

 

35,306

 

 

 

$80,031

 

Summary of maturities of lease liabilities

Year ending Jul 31,

 

 

 

2025 (excluding the nine months ended April 30, 2025)

 

$12,000

 

2026

 

 

48,000

 

2027

 

 

24,000

 

Thereafter

 

 

-

 

 

 

$84,000

 

Less imputed interest

 

 

(3,969)

Operating lease liabilities

 

$80,031