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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Operating activities    
Net income (loss) $ 8,248 $ (559)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 1,261 1,568
Stock-based compensation 652 492
Deferred income taxes (477)
PPP loan forgiveness (218)
Change in assets and liabilities:    
Trade accounts receivable (1,138) (274)
Prepaid expenses and other current assets 257 247
Other assets 232 (55)
Trade accounts payable and accrued expenses 830 (118)
Deferred revenue 483 821
Net cash provided by operating activities 10,130 2,122
Investing activities    
Deposit made to escrow account related to the Emojipedia acquisition (4,776)
Capitalized software and technology development costs and purchase of equipment (653) (759)
Investment in SAFE (50)
Net cash used in investing activities (5,479) (759)
Financing activities    
Proceeds from sales of Class B Common Stock 15,000 2,250
Payment of issuance costs (565) (141)
Proceeds from PPP loan payable 218
Repayment of insurance premium loan payable (181) (141)
Proceeds from exercise of stock options 873 12
Purchase of treasury stock in connection with restricted stock vesting (26) (29)
Net cash provided by financing activities 15,101 2,169
Effect of exchange rate changes on cash and cash equivalents 45 (30)
Net increase in cash and cash equivalents 19,797 3,502
Cash and cash equivalents at beginning of year 5,111 1,609
Cash and cash equivalents at end of year 24,908 5,111
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments made for income taxes 1 1
Cash payments made for interest expenses 3 3
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Note payable issued for insurance premium financing $ 181