v3.26.3
Stock-Based Compensation (Tables)
12 Months Ended
Jul. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of stock-based awards outstanding by award type
As of July 31, 2026, the following stock-based awards, by award type, were outstanding:
July 31, 2026
Stock options91,250 
Performance shares788,150 
RSUs, restricted stock and share units2,516,888 
Total3,396,288 
Stock-based compensation for awards detailing where recorded in Consolidated Statement of Operations
Stock-based compensation related to continuing operations is reflected in the following line items in our Consolidated Statements of Operations:
Fiscal Years Ended July 31,
20262025
Cost of sales$141,000 243,000 
Selling, general and administrative expenses2,965,000 1,918,000 
Research and development expenses15,000 77,000 
Stock-based compensation expense before income tax benefit3,121,000 2,238,000 
Estimated income tax benefit— — 
Net stock-based compensation expense$3,121,000 2,238,000 
Summary of stock-based compensation expense by award type
Stock-based compensation expense related to continuing operations, by award type, is summarized as follows:
Fiscal Years Ended July 31,
20262025
Stock options$— 19,000 
Performance shares461,000 (44,000)
RSUs, restricted stock and share units2,638,000 2,232,000 
ESPP22,000 31,000 
Stock-based compensation expense before income tax benefit3,121,000 2,238,000 
Estimated income tax benefit— — 
Net stock-based compensation expense$3,121,000 2,238,000 
Summary of the Plan's activity relating to stock options
The following table summarizes the Plan's total activity relating to stock options:
Awards
(in Shares)
Weighted Average
Exercise Price
Weighted Average
Remaining Contractual
Term (Years)
Aggregate
Intrinsic Value
Outstanding at July 31, 2024141,190 $20.61 
Expired/canceled(16,720)21.77 
Outstanding at July 31, 2025124,470 20.45 
Expired/canceled(33,220)27.51 
Outstanding at July 31, 202691,250 $17.88 3.82$— 
Exercisable at July 31, 202691,250 $17.88 3.82$— 
Vested and expected to vest at July 31, 202691,250 $17.88 3.82$— 
Summary of the Plan's activity relating to performance shares, RSUs, restricted stock and share units
The following table summarizes the Plan's total activity relating to performance shares, RSUs, restricted stock, share units and other stock-based awards:
Awards
(in Shares)
Weighted Average
Grant Date
Fair Value
Aggregate
Intrinsic Value
Outstanding at July 31, 20241,800,288 $10.61 
Granted1,677,677 4.57 
Settled(855,870)9.37 
Canceled/Forfeited(946,990)6.54 
Outstanding at July 31, 20251,675,105 6.53 
Granted2,736,869 3.06 
Settled(700,352)6.08 
Canceled/Forfeited(406,584)6.04 
Outstanding at July 31, 20263,305,038 $3.82 $5,552,000 
Vested at July 31, 2026134,550 $10.53 $226,000 
Vested and expected to vest at July 31, 20263,220,272 $3.82 $5,410,000