v3.26.1
Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Apr. 30, 2026
Apr. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (6,209,993) $ (3,261,217)
Adjustments to reconcile loss to net cash used in operating activities:    
Amortization expense 2,068 299,953
Depreciation expense 13,441
Right-of-use asset amortization expense 69,647
Stock-based compensation 606,710 1,244,302
Shares issued for services 91,500
Impairment of intangibles 1,222,580 46,225
Extinguishment of liabilities (113,645)
Changes in operating assets and liabilities:    
Accounts receivable, net (7,206) 14,000
Prepaid expenses (264,309) (38,887)
Accounts payable and accrued expenses (19,207) 82,356
Accounts payable and accrued expenses, related party (7,831) (137,969)
Payroll related liabilities 19,939 19,377
Operating lease liability (32,842)
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES (4,607,003) (1,754,005)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for development of intangible assets (969,985)
Cash paid for capital expenditures (230,930)
NET CASH USED BY INVESTING ACTIVITIES (1,200,915)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock 10,172,074
Principal payments on note payable (50,000)
Principal payments on related party notes (410,207)
Notes payable, related parties (2,080)
NET CASH PROVIDED BY FINANCING ACTIVITIES 9,709,787
Net change in cash and cash equivalents (5,807,918) 7,955,782
Cash and cash equivalents, beginning of period 7,546,390 175,562
Cash and cash equivalents, end of period 1,738,472 8,131,344
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest, related party 65,074
SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES    
Right-of-use asset, tenant improvement allowance, and lease liability additions 762,288  
Issuance of common stock for payment of accrued expenses 28,124
Shares issued for extinguishment of convertible debt   $ 175,000