Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands |
6 Months Ended |
Jan. 31, 2017 |
Jan. 31, 2016 |
| Operating activities: |
|
|
| Net loss |
$ (30,035)
|
$ (2,908)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Common stock issued for compensation |
4,286
|
1,586
|
| Stock-based compensation |
193
|
|
| Allowance for doubtful accounts |
7
|
|
| Changes in assets and liabilities: |
|
|
| Trade accounts receivable, net |
(7)
|
34
|
| Inventory |
|
|
| Prepaid expenses - related to IP settlements and licensing |
|
783
|
| Prepaid expenses and other current assets |
65
|
1
|
| Prepaid expenses - development agreement |
|
(700)
|
| Other assets |
1
|
8
|
| Trade accounts payable |
324
|
(114)
|
| Accrued expenses |
(674)
|
(359)
|
| FCC consent decree payable |
15,000
|
|
| Deferred revenue |
112
|
(1,546)
|
| Income taxes payable |
(4)
|
|
| Settlement payable - stockholders |
7,200
|
|
| Net cash used in operating activities |
(3,532)
|
(3,215)
|
| Investing activities: |
|
|
| Purchases of property and equipment |
|
(56)
|
| Net cash used in investing activities |
|
(56)
|
| Financing activities: |
|
|
| Common stock issued upon exercise of stock options |
8
|
1
|
| Net cash provided by financing activities |
8
|
1
|
| Net decrease in cash and cash equivalents |
(3,524)
|
(3,270)
|
| Cash and cash equivalents at beginning of period |
11,361
|
18,620
|
| Cash and cash equivalents at end of period |
7,837
|
15,350
|
| Supplemental schedule of noncash activities |
|
|
| Reclassification of prepaid marketing to inventory |
643
|
|
| Unpaid deferred loan costs |
8
|
|
| Supplemental cash flow information |
|
|
| Cash paid during the period for income taxes |
$ 7
|
$ 3
|