RELATED PARTY TRANSACTIONS |
9 Months Ended |
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Apr. 30, 2025 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | 5. RELATED PARTY TRANSACTIONS
The Company is provided office space in Miami, Florida on a month-to-month basis by a company controlled by Dr. Phillip Frost, who is the beneficial owner of more than 10% of the Company’s common stock. For the six months ended January 31, 2025 and 2024, the Company did not record any rent expense related to the Miami lease. At April 30, 2025 and 2024 there was no rent payable.
The Company’s Chief Financial Officer serves as the Chief Financial Officer and Co-Chief Executive Officer of Cocrystal Pharma, Inc., a clinical stage Nasdaq listed biotechnology company, and in which Dr. Frost serves on the Board.
See Note 6 for notes payable to related parties.
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