v3.26.3
Schedule of Convertible Notes (Details) - USD ($)
 12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Short-Term Debt [Line Items]    
Convertible notes payable $ 5,770,000 $ 4,800,000
Accrued interest 832,000 436,000
Total $ 6,602,000 $ 5,236,000
Minimum [Member]    
Short-Term Debt [Line Items]    
Interest Rate 6.16%  
Maximum [Member]    
Short-Term Debt [Line Items]    
Interest Rate 7.88%  
Fiscal 2023 Notes [Member]    
Short-Term Debt [Line Items]    
Maturity [1] June 2026 June 2026
Interest Rate [1] 7.55% 7.55%
Convertible notes payable [1] $ 1,015,000 $ 1,015,000
Fiscal 2024 Notes [Member]    
Short-Term Debt [Line Items]    
Maturity [2] October 2026 to June 2027 October 2026 to June 2027
Interest Rate [2] 7.81% 7.81%
Convertible notes payable [2] $ 1,785,000 $ 1,785,000
Fiscal 2025 Notes [Member]    
Short-Term Debt [Line Items]    
Maturity [3] September 2027 to July 2028 September 2027 to July 2028
Convertible notes payable [3] $ 2,000,000 $ 2,000,000
Fiscal 2025 Notes [Member] | Minimum [Member]    
Short-Term Debt [Line Items]    
Interest Rate [3] 6.79% 6.79%
Fiscal 2025 Notes [Member] | Maximum [Member]    
Short-Term Debt [Line Items]    
Interest Rate [3] 7.88% 7.88%
Fiscal 2026 Notes [Member]    
Short-Term Debt [Line Items]    
Maturity [4] October 2028 to February 2029 October 2028 to February 2029
Convertible notes payable [4] $ 970,000
Fiscal 2026 Notes [Member] | Minimum [Member]    
Short-Term Debt [Line Items]    
Interest Rate [4] 6.16% 6.16%
Fiscal 2026 Notes [Member] | Maximum [Member]    
Short-Term Debt [Line Items]    
Interest Rate [4] 6.68% 6.68%
[1] In fiscal 2023, the Company entered into a Note Purchase Agreement (the “2023 Note Purchase Agreement”) with certain accredited investors (“Lenders”) pursuant to which the Company issued the Lenders convertible promissory notes with an aggregate principal balance of $1,015,000 (the “2023 Private Placement”). Messrs. Tom Y. Lee and Ivan Chen, each a member of the Company’s Board invested $1,000,000 and $15,000, respectively in the 2023 Private Placement, through affiliates or directly. As of July 31, 2026 and 2025, $1,015,000 of principal was outstanding under the 2023 Private Placement, which amount is currently due.
[2] In fiscal 2024, the Company entered into a Note Purchase Agreement (the “2024 Note Purchase Agreement”) with certain accredited investors (“Lenders”) pursuant to which the Company issued the Lenders convertible promissory notes with an aggregate principal balance of $1,785,000 (the “2024 Private Placement”). Tom Y. Lee invested $1,785,000 in the 2024 Private Placement, through affiliates or directly. As of July 31, 2026 and 2025, $1,785,000 of principal was outstanding under the 2024 Private Placement, which amount
[3] In fiscal 2025, the Company entered into a Note Purchase Agreement (the “2025 Note Purchase Agreement”) with certain accredited investors (“Lenders”) pursuant to which the Company issued the Lenders convertible promissory notes with an aggregate principal balance of $2,000,000 (the “2025 Private Placement”). Tom Y. Lee invested $2,000,000 in the 2025 Private Placement, through affiliates or directly. As of July 31, 2026 and 2025, $2,000,000 of principal was outstanding under the 2025 Private Placement.
[4] During the fiscal year ended July 31, 2026, the Company entered into a Note Purchase Agreement (the “2026 Note Purchase Agreement”) with certain accredited investors (“Lenders”) pursuant to which the Company issued the Lenders convertible promissory notes (the “Notes”, collectively with the 2026 Note Purchase Agreement, the “Note Documents”) with an aggregate principal balance of $970,000 (the “2026 Private Placement”).The Note Documents provide for subsequent closings for an aggregate offering size of $2.0 million in principal balance. Tom Y. Lee, invested $970,000 in the 2026 Private Placement, through affiliates or directly. The disinterested members of the Board approved the 2026 Private Placement. As of July 31, 2026, $970,000 of principal was outstanding under the 2026 Private Placement.