XML 28 R17.htm IDEA: XBRL DOCUMENT v3.20.4
Operating Leases
 3 Months Ended
Oct. 31, 2020
Operating Leases [Abstract]  
Operating Leases

Note 11— Operating Leases


The Company has operating leases primarily for office space. Operating lease right-of-use assets recorded and included in other assets were $250,000 and $317,000 at October 31, 2020 and July 31, 2020, respectively.


Future lease payments under operating leases as of October 31, 2020 were as follows (in thousands):


  

Operating

Leases

 
2021  $176 
2022   62 
Total future minimum lease payments   238 
Less imputed interest   8 
Total  $230 
      
Reconciliation of lease liabilities as shown in the consolidated balance sheets     
Operating lease liabilities, short-term  $227 
Other liabilities   3 
Total lease liabilities  $230 

There were no material changes in the Company’s operating and finance leases in the three months ended October 31, 2020, as compared to the disclosure in the Company’s Annual Report on Form 10-K for the fiscal year ended July 31, 2020.