v3.26.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Cash Flows From Operating Activities:    
Net loss $ (1,399,536) $ (136,240)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Bad debt expense 61,820 38,512
Provision (benefit) for deferred income tax (575,000) (59,000)
Depreciation 1,899,239 1,800,015
Loss on fixed asset disposal 167,700
Amortization of deferred charges 731,515 506,044
Operating lease expense in excess of cash payments 580,393 827,562
Deferred finance costs included in interest expense 9,798 16,519
Changes in Operating Assets and Liabilities:    
Receivables (341,297) (416,017)
Deferred costs (953,892) (443,276)
Prepaid expenses and other assets (196,830) (246,857)
Accounts payable and accrued expenses 1,578,564 619,111
Security deposits payable 49,848 14,261
Cash provided by operating activities 1,612,322 2,520,634
Cash Flows From Investing Activities:    
Acquisition of property and equipment (6,505,143) (2,392,286)
Cash (used) in investing activities (6,505,143) (2,392,286)
Cash Flows From Financing Activities:    
Proceeds – mortgages 9,786,549
Payments – mortgages (3,271,477)
Payments – financing costs (275,001) (655,204)
Cash provided (used) in financing activities 6,240,071 (655,204)
Increase (decrease) in cash, cash equivalents and restricted cash 1,347,250 (526,856)
Cash, cash equivalents and restricted cash at beginning of year 1,758,745 2,285,601
Cash, cash equivalents and restricted cash at end of year $ 3,105,995 $ 1,758,745