v3.26.3
Segments
 12 Months Ended
Jul. 31, 2026
Segment Reporting [Abstract]  
Segments

11. Segments

 

The Company operates in one segment for the manufacture and distribution of its products. In accordance with the “Segment Reporting” Topic of the ASC, its Chief Operating Decision Maker (“CODM”) has been identified as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in: economic characteristics; nature of products and services; and procurement, manufacturing and distribution processes. The following table presents significant segment expenses and other segment items regularly reviewed by our CODM:

 

Schedule of Significant Segment Expenses and other Segment Items

   2026   2025 
  

Year ended

July 31,

 
   2026   2025 
Revenue  $2,318,000   $2,202,000 
           
Less:          
Cost of goods sold   (992,000)   (899,000)
General and administrative   (2,880,000)   (3,112,000)
Research and development   (332,000)   (316,000)
Stock-based compensation   (197,000)   (147,000)
Interest expense, net   (407,000)   (299,000)
Other income (expenses)   7,000    172,000 
Net Loss  $(2,483,000)  $(2,399,000)