COMMITMENTS (Tables)
 6 Months Ended
Jan. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
Future minimum payments at January 31, 2014 under the operating lease for office space is as follows (in thousands):
 
Lease commitments
for the year ending
July 31,
 
 
 
 
 
 
 
 
 
2014(1)
 
 
84
 
2015
 
 
127
 
 
 
 
 
 
Total
 
$
211
 
 
(1)
The expected payments for 2014 reflect future minimum payments for the six-month period from February 1, 2014 to July 31, 2014.
Long-term Purchase Commitment [Table Text Block]
Future minimum payments at January 31, 2014 under the non-cancelable commitments were as follows (in thousands):
 
Year ending July 31,
 
 
 
 
2014 (1)
 
 
8
 
2015
 
 
2
 
 
 
 
 
 
Total
 
$
10
 
_______
(1)
The expected payments for 2014 reflect future minimum payments for the six-month period from February 1, 2014 to July 31, 2014.