| Schedule of Right-of-Use Assets and Lease Liabilities |
The Group leases offices and employee housing in Japan, Taiwan, Shanghai and New York under operating leases with remaining terms of up to approximately 4.4 years. The Group has no finance leases. Supplemental balance sheet information: | | | As of July 31, | | | | | 2026 | | | 2025 | | | Operating lease right-of-use assets | | $ | 6,100,345 | | | $ | 6,782,354 | | | Operating lease liabilities – current | | $ | 2,230,338 | | | $ | 2,728,326 | | | Operating lease liabilities – noncurrent | | | 4,053,098 | | | | 4,222,089 | | | Total operating lease liabilities | | $ | 6,283,436 | | | $ | 6,950,415 | | | Weighted-average remaining lease term (years) | | | 3.37 | | | | 3.84 | | | Weighted-average discount rate | | | 3.68 | % | | | 2.55 | % | | | | For the years ended July 31, | | | | | 2026 | | | 2025 | | | 2024 | | | Operating lease cost | | $ | 3,096,047 | | | $ | 2,208,699 | | | $ | 1,705,711 | | | Cash paid for amounts included in operating lease liabilities | | $ | 3,139,813 | | | $ | 2,602,143 | | | $ | 1,969,440 | | | ROU assets obtained for new operating lease liabilities | | $ | 2,431,609 | | | $ | 5,129,642 | | | $ | 1,685,257 | |
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| Schedule of Maturity of Operating Lease Liabilities |
Maturities of operating lease liabilities as of July 31, 2026: | Year ending July 31, | | Amount | | | Year ending July 31, 2027 | | $ | 2,418,022 | | | 2028 | | | 1,704,585 | | | 2029 | | | 1,368,170 | | | 2030 | | | 809,367 | | | 2031 | | | 367,894 | | | Thereafter | | | — | | | Total lease payments | | | 6,668,038 | | | Less: imputed interest | | | (384,602 | ) | | Total lease liabilities | | $ | 6,283,436 | |
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