v3.26.1
LEASE (Tables)
9 Months Ended
Apr. 30, 2026
LEASE  
Summary of lease cost

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

April 30,

 

 

April 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease cost

 

$12,000

 

 

$12,000

 

 

$36,000

 

 

$32,000

 

Variable lease cost

 

 

(774)

 

 

(775)

 

 

(2,322)

 

 

1,677

 

Total lease cost

 

$11,226

 

 

$11,225

 

 

$33,678

 

 

$33,677

 

Summary of supplemental cash flow information

 

 

 Nine Months Ended 

 

 

 

 April 30,

 

 

 

2026

 

 

2025

 

Cash paid for operating cash flows from operating leases

 

$36,000

 

 

$32,000

 

 

 

 

 

 

 

 

 

 

Weighted-average discount rate — operating leases

 

 

5.88%

 

 

5.88%

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

 

 

0.76

 

 

 

1.76

 

Summary of balance sheet information

 

 

April 30

 

 

July 31,

 

 

 

2026

 

 

2025

 

Operating lease right-of-use asset

 

$32,984

 

 

$64,450

 

Operating lease liabilities:

 

 

 

 

 

 

 

 

Current portion

 

 

35,306

 

 

$45,385

 

Non-current portion

 

 

-

 

 

 

23,709

 

 

 

$35,306

 

 

$69,094

 

Summary of maturities of lease liabilities

Year ending Jul 31,

 

 

 

2026 (excluding the nine months ended April 30, 2026)

 

$12,000

 

2027

 

 

24,000

 

Thereafter

 

 

-

 

 

 

$36,000

 

Less imputed interest

 

 

(694)

Operating lease liabilities

 

$35,306