Share-Based Compensation (Tables)
|
12 Months Ended |
Jul. 31, 2026 |
|---|
| Share-Based Compensation [Abstract] |
|
| Schedule of Awards Granted |
Awards granted during 2026 were: | Grant date / award | | Number | | | Exercise
price | | | Grant-date
fair value
per unit | | | For the year ended July 31, 2026 recognized expense | | December 17, 2025
Share options –executive officers and other employees | | | 2,000,000 | | | $ | 1.75 | | | $ | 0.957 | | | $ | 1,913,692 | | February 5, 2026
Share options – employees | | | 400,000 | | | $ | 1.21 | | | $ | 0.662 | | | | 38,576 | | March 9, 2026
Share options – employees | | | 90,000 | | | $ | 1.76 | | | $ | 0.969 | | | | 11,304 | | February 5, 2026
RSUs – Chief Financial Officer | | | 24,000 | | | | — | | | $ | 1.21 | | | | 29,040 | | July 22, 2026
RSUs – employees | | | 106,870 | | | | — | | | $ | 2.42 | | | | 1,796 | | | Total compensation expense | | | | | | | | | | | | | | $ | 1,994,408 | |
|
| Schedule of Share Based Compensation Expense |
Share-based compensation expense was recognized as follows: | | | For the years ended July 31, | | | | | 2026 | | | 2025 | | | 2024 | | | Cost of revenue | | $ | 238,590 | | | $ | — | | | $ | — | | | General and administrative | | | 39,221 | | | | — | | | | — | | | Research and development | | | 588,455 | | | | — | | | | — | | | Sales and marketing | | | 1,128,142 | | | | — | | | | — | | | Total share-based compensation expense | | $ | 1,994,408 | | | $ | — | | | $ | — | |
|
| Schedule of Grant Date Using the Black-scholes Option-pricing Model |
The fair value of each option was estimated on the grant date using the Black-Scholes option-pricing model with the following assumptions: | | | December 17,
2025
grant | | | February 5,
2026
grant | | | March 9,
2026
grant | | | Expected volatility | | | 60.67 | % | | | 60.45 | % | | | 61.06 | % | | Expected term (years) | | | 5.0 | | | | 5.0 | | | | 5.0 | | | Risk-free interest rate | | | 3.70 | % | | | 3.74 | % | | | 3.71 | % | | Expected dividend yield | | | 0 | % | | | 0 | % | | | 0 | % | | Fair value of the underlying Class A ordinary share | | $ | 1.75 | | | $ | 1.21 | | | $ | 1.76 | |
|
| Schedule of Share Option Activity |
Share option activity: | | | Number of
options | | | Weighted-
average
exercise price | | | Weighted-
average
remaining
contractual
term (years) | | | Aggregate
intrinsic value | | | Outstanding as of July 31, 2025 | | | — | | | | — | | | | | | | | | | | Granted | | | 2,490,000 | | | $ | 1.66 | | | | | | | | | | | Exercised | | | (9,048 | ) | | | 1.41 | | | | | | | $ | 9,603 | | | Forfeited | | | (63,884 | ) | | | 1.21 | | | | | | | | | | | Expired | | | (1,668 | ) | | | 1.21 | | | | | | | | | | | Outstanding as of July 31, 2026 | | | 2,415,400 | | | $ | 1.68 | | | | 9.4 | | | $ | 1,939,845 | | | Vested and exercisable as of July 31, 2026 | | | 2,051,278 | | | $ | 1.74 | | | | 9.4 | | | $ | 1,521,406 | | | Vested and expected to vest as of July 31, 2026 | | | 2,415,400 | | | $ | 1.68 | | | | 9.4 | | | $ | 1,939,845 | |
|
| Schedule of RSU Activity |
RSU activity: | | | Number of
RSUs | | | Weighted-
average
grant-date
fair value | | | Unvested as of July 31, 2025 | | | — | | | $ | — | | | Granted | | | 130,870 | | | | 2.20 | | | Vested and settled | | | (24,000 | ) | | | 1.21 | | | Forfeited | | | — | | | | — | | | Unvested as of July 31, 2026 | | | 106,870 | | | $ | 2.42 | |
|