In millions, except per share items | Jul-31-22 | Apr-30-22 | Jan-31-22 | Jul-31-21 | Apr-30-21 | Jan-31-21 | Oct-31-20 | Jul-31-20 |
| 10-Q | 10-Q | 10-Q | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Revenue | | | | 5.1 | 11.0 | | 21.5 | 21.5 |
Revenue growth | | | | -76.1% | -42.1% | -11.8% | 57.7% | 94.0% |
Cost of revenue | | | | 4.3 | 9.1 | 12.6 | 17.5 | 17.4 |
Gross Profit | | | | 0.8 | 1.9 | 2.7 | 3.9 | 4.1 |
Gross margin | | | | 15.4% | 17.3% | 17.3% | 18.3% | 19.0% |
|
Operating Expenses: | | | | | | | | |
Salaries and benefits | | | | 0.7 | 0.9 | 7.5 | 9.3 | 11.2 |
Selling and promotions expense | | | | 0.1 | | | 0.4 | 0.3 |
Legal and professional fees | | | | 0.1 | | | 0.6 | 0.7 |
General and administrative | | | | 1.0 | 1.4 | 1.8 | 2.2 | 2.4 |
Total Operating Expenses | | | | 1.9 | 2.8 | 10.1 | 12.6 | 14.7 |
Operating loss | | | | -1.1 | -0.9 | -7.4 | -8.6 | -10.6 |
Operating margin | | | | -21.5% | -8.2% | -48.5% | -40.3% | -49.4% |
|
Other (Expense) Income: | | | | | | | | |
Interest expense | | | | -0.3 | -1.1 | -1.2 | -1.2 | -1.2 |
Loss on extinguishment and settlement of convertible notes payable | | | | -2.9 | -2.9 | -2.9 | -3.6 | |
Gain (loss) on change in fair value of derivative liability | | | | 0.0 | 0.0 | 0.0 | | |
Initial derivative liability expense | | | | | -1.2 | -0.7 | -0.4 | -0.3 |
Total Other (Expense) Income | | | | -4.9 | -5.9 | -5.6 | -6.2 | -2.6 |
Loss from continuing operations before income taxes | | | | -6.0 | -6.8 | -13.0 | -14.9 | -13.2 |
|
Income taxes | | | | | | | | |
Loss from continuing operations | | | | -1.5 | -2.3 | -8.5 | | -10.3 |
|
Discontinued operations (Note 11) | | | | | | | | |
(Loss) gain from discontinued operations | | | | 0.0 | -0.2 | -0.6 | | -0.8 |
Net loss | | | | -6.0 | -7.0 | -13.6 | -15.7 | -14.0 |
|
Loss per common share: | | | | | | | | |
Loss from continuing operations per common share – basic and diluted | | | | 0.0 | 0.0 | 0.0 | | 0.0 |
Loss from discontinued operations per common share – basic and diluted | | | | | | | | 0.0 |
|
Loss per common share – basic and diluted | | | | ($2.79) | ($3.02) | ($4.53) | ($5.03) | ($3.01) |
|
Weighted average shares outstanding – basic and diluted | | | | 10.8 | 8.8 | 6.8 | 5.1 | 4.6 |