Income Taxes (Tables)
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12 Months Ended |
Jul. 31, 2016 |
| Income Taxes [Abstract] |
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| Summary of (provision for) benefit from income taxes |
| Year ended July 31, | | | | | | | | | | | (in thousands) | | 2016 | | | 2015 | | | 2014 | | | Current: | | | | | | | | | | | Federal | | $ | 39 | | | $ | — | | | $ | 21 | | | State and local | | | (35 | ) | | | (34 | ) | | | 6 | | | | | | 4 | | | | (34 | ) | | | 27 | | | Deferred: | | | | | | | | | | | | | | Federal | | | — | | | | (2,211 | ) | | | 1,925 | | | State and local | | | — | | | | (469 | ) | | | 401 | | | | | | — | | | | (2,680 | ) | | | 2,326 | | | BENEFIT FROM (PROVISION FOR) INCOME TAXES | | $ | 4 | | | $ | (2,714 | ) | | $ | 2,353 | |
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| Summary of deferred income tax assets and liabilities |
July 31, (in thousands) | | 2016 | | | 2015 | | | Deferred income tax assets (liabilities): | | | | | | | | Net operating loss carryforward | | $ | 57,098 | | | $ | 53,383 | | | Accrued expenses | | | 338 | | | | 314 | | | Stock based compensation | | | (464 | ) | | | (329 | ) | | Deferred revenue on litigation settlements | | | - | | | | 313 | | | Valuation allowance | | | (56,972 | ) | | | (53,681 | ) | | TOTAL NET DEFERRED INCOME TAX ASSETS (LIABILITIES) | | $ | — | | | $ | — | |
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| Schedule of differences between income taxes expected at the federal statutory income tax rate and income taxes |
| Year ended July 31, | | | | | | | | | | | (in thousands) | | 2016 | | | 2015 | | | 2014 | | | Federal income tax at statutory rate | | $ | (2,939 | ) | | $ | (262 | ) | | $ | 99 | | | Permanent differences | | | 2 | | | | 1,048 | | | | — | | | Valuation allowance | | | 3,394 | | | | (3,500 | ) | | | 2,250 | | | Other | | | 3 | | | | — | | | | — | | | State and local income tax, net of federal benefit | | | (456 | ) | | | — | | | | 4 | | | PROVISION FOR (INCOME TAXES) INCOME TAX BENEFITS | | $ | 4 | | | $ | (2,714 | ) | | $ | 2,353 | |
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| Schedule of change in the valuation allowance for deferred income taxes |
| Year ended July 31, (in thousands) | | Balance at beginning of year | | | Additions charged to costs and expenses | | | Deductions | | | Balance at end of year | | | 2016 | | | | | | | | | | | | | | Reserves deducted from deferred income taxes, net: | | | | | | | | | | | | | | Valuation allowance | | $ | 53,681 | | | $ | 3,394 | | | $ | (103 | ) | | $ | 56,972 | | | | | | | | | | | | | | | | | | | | | 2015 | | | | | | | | | | | | | | | | | | Reserves deducted from deferred income taxes, net: | | | | | | | | | | | | | | | | | | Valuation allowance | | $ | 50,191 | | | $ | 3,500 | | | $ | (10 | ) | | $ | 53,681 | | | | | | | | | | | | | | | | | | | | | 2014 | | | | | | | | | | | | | | | | | | Reserves deducted from deferred income taxes, net: | | | | | | | | | | | | | | | | | | Valuation allowance | | $ | 50,797 | | | $ | — | | | $ | (606 | ) | | $ | 50,191 | |
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| Schedule of unrecognized tax benefits |
| | | Year ended July 31, | | | (in thousands) | | 2016 | | | 2015 | | | 2014 | | | Balance at beginning of period | | $ | 210 | | | $ | — | | | $ | — | | | Additions based on tax positions related to the current period | | | | | | | — | | | | — | | | Additions for tax positions of prior periods | | | 5 | | | | 210 | | | | — | | | Reductions for tax positions of prior periods | | | — | | | | — | | | | — | | | Settlements | | | — | | | | — | | | | — | | | Lapses of statutes of limitations | | | — | | | | — | | | | — | | | Balance at end of period | | $ | 215 | | | $ | 210 | | | $ | — | |
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