v3.26.3
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2024
Pay vs Performance Disclosure [Line Items]      
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE

 

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation and certain financial performance of our Company. The disclosure included in this section is prescribed by SEC rules and does not necessarily align with how the Company or the compensation committee view the link between the Company’s performance and its named executive officer (“NEOs”) pay.

 

The table below presents information on the compensation of our principal executive officer (“PEO”) and our other NEOs in comparison to certain performance metrics for the fiscal years ended July 31, 2026, 2025, and 2024. The metrics are not those that the compensation committee uses when setting executive compensation. The use of the term “compensation actually paid” (“CAP”) is required and defined by the SEC’s rules. For the Company, CAP is calculated the same as total compensation.

 

Fiscal
Year
   Summary
Compensation
Table Total for
PEO(1)(2)
   Compensation
Actually Paid to
PEO(3)
   Average
Summary
Compensation
Table Total for
Non-PEO
NEOs(1)(2)
   Average
Compensation
Actually Paid to
Non-PEO
NEOs(4)
   Value of Initial
Fixed $100
Investment
Based on Total
Shareholder
Returns(5)
   Company
Net Loss for the
Year(6)
 
2026   $345,150   $345,150   $366,091   $366,091   $85.34   $(1,399,536)
2025   $390,228   $390,228   $386,932   $386,932   $91.52   $(136,240)
2024   $463,547   $463,547   $463,773   $463,773   $114.03   $(406,568)

 

(1)In 2026, 2025, and 2024, Lloyd J. Shulman, Chief Executive Officer and President, was the Principal Executive Officer (“PEO”). The remaining NEOs in 2026 consisted of Ward N. Lyke, Jr., Vice President - Chief Financial Officer, and George Silva, Vice President - Operations.

 

(2)Reported pay based on total compensation reported in the Summary Compensation Table.

 

(3)Represents the amount of “compensation actually paid” to the PEO, as computed in accordance with SEC rules. For the Company, CAP is calculated the same as total compensation.

 

(4)Represents the average amount of “compensation actually paid” to the NEOs as a group as computed in accordance with SEC rules. For the Company, CAP is calculated the same as total compensation. See (A) above in the Summary Compensation Table.

 

(5)Cumulative Total Shareholder Return (“TSR”) is calculated as required under Item 201(e) of Regulation S-K by dividing the sum of the cumulative amount of dividends for the measurement period (of which the Company did not declare dividends during any of the years presented), assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period, by the share price at the beginning of the measurement period. The beginning of the measurement period for 2026 is July 31, 2022. The beginning of the measurement period for 2025 and 2024 is July 31, 2022, the initial base year when pay versus performance disclosure rules were first implemented.

 

(6)Represents the amount of net income (loss) as reported in the Company’s audited financial statements for the applicable year.
   
Named Executive Officers, Footnote In 2026, 2025, and 2024, Lloyd J. Shulman, Chief Executive Officer and President, was the Principal Executive Officer (“PEO”). The remaining NEOs in 2026 consisted of Ward N. Lyke, Jr., Vice President - Chief Financial Officer, and George Silva, Vice President - Operations.    
PEO Total Compensation Amount $ 345,150 $ 390,228 $ 463,547
PEO Actually Paid Compensation Amount 345,150 390,228 463,547
Non-PEO NEO Average Total Compensation Amount 366,091 386,932 463,773
Non-PEO NEO Average Compensation Actually Paid Amount 366,091 386,932 463,773
Total Shareholder Return Amount 85.34 91.52 114.03
Net Income (Loss) Attributable to Parent $ (1,399,536) $ (136,240) $ (406,568)
PEO Name Lloyd J. Shulman Lloyd J. Shulman Lloyd J. Shulman
Additional 402(v) Disclosure [Text Block] As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation and certain financial performance of our Company. The disclosure included in this section is prescribed by SEC rules and does not necessarily align with how the Company or the compensation committee view the link between the Company’s performance and its named executive officer (“NEOs”) pay.