|
Combined and Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
|
Jul. 31, 2014
|
Jul. 31, 2013
|
| Current assets: |
|
|
| Cash |
$ 21,232 |
$ 15,000 |
| Trade accounts receivable, net of allowance for doubtful accounts of $0 and $4, respectively |
61 |
60 |
| Prepaid expenses - settlements |
4,999 |
|
| Deferred tax assets |
2,392 |
|
| Other current assets |
92 |
90 |
| Total current assets |
28,776 |
15,150 |
| Prepaid expenses - settlements - long-term portion |
761 |
|
| Intangible assets |
350 |
350 |
| Deferred tax assets |
417 |
|
| Other assets |
135 |
239 |
| Total Assets |
30,439 |
15,739 |
| Current liabilities: |
|
|
| Trade accounts payable |
|
1 |
| Accrued expenses |
1,334 |
1,473 |
| Due to IDT Corporation |
6 |
|
| Deferred revenue |
10,254 |
145 |
| Income taxes payable |
470 |
15 |
| Total current liabilities |
12,064 |
1,634 |
| Deferred revenue - long-term portion |
1,676 |
250 |
| Total liabilities |
13,740 |
1,884 |
| Commitments and contingencies |
|
|
| Straight Path Communications, Inc. stockholders' equity: |
|
|
| Preferred stock, $0.01 par value; 3,000 shares authorized; no shares issued and outstanding |
|
|
| Additional paid-in capital |
14,886 |
14,114 |
| Retained earnings |
2,037 |
|
| Total Straight Path Communications, Inc. stockholders' equity |
17,041 |
14,229 |
| Noncontrolling interests |
(342) |
(374) |
| Total equity |
16,699 |
13,855 |
| Total liabilities and equity |
30,439 |
15,739 |
|
Class A common stock
|
|
|
| Straight Path Communications, Inc. stockholders' equity: |
|
|
| Common Stock Value |
8 |
8 |
|
Class B common stock
|
|
|
| Straight Path Communications, Inc. stockholders' equity: |
|
|
| Common Stock Value |
$ 110 |
$ 107 |