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Income Taxes
 3 Months Ended
Oct. 31, 2023
Income Taxes [Abstract]  
INCOME TAXES

NOTE 17 – INCOME TAXES

 

During the three months ended October 31, 2023 and 2022, the Company recognized an income tax provision of $6 thousand and $5 thousand on loss from continuing operations before income tax of $3.5 million and $5.2 million, respectively. The change in income tax expense in relation to the loss before income was primarily due to differences in the amount of taxable (loss) income in the various taxing jurisdictions and the associated valuation allowances. As of October 31, 2023 and 2022, the Company recorded valuation allowances for the total net deferred tax asset balances.