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Operating Leases
9 Months Ended
Apr. 30, 2026
Operating Leases [Abstract]  
Operating Leases

Note 12— Operating Leases

 

The Company has operating leases primarily for office space. Operating lease right-of-use assets recorded and included in other assets were $267,000 and $64,000 at April 30, 2026 and July 31, 2025, respectively.

 

Effective October 1, 2025, the Company commenced a new lease and relocated to a new office in Vilnius, Lithuania.

 

Future minimum lease payments related to this new lease are as follows (in thousands):

 

Years ending July 31,   Operating
Leases
 
2026   $ 87  
2027     109  
2028     114  
2029     19  
Total future minimum lease payments   $ 330  
Less imputed interest     32  
Total   $ 298  

 

There were no other material changes in the Company’s operating or finance leases in the nine months ended April 30, 2026, as compared to the disclosure regarding such leases in the 2025 Form 10-K.