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Note Receivable (Details Narrative) (USD $)
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0 Months Ended | 1 Months Ended | 3 Months Ended | ||||
|---|---|---|---|---|---|---|---|
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Nov. 12, 2014
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Jul. 30, 2012
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Oct. 31, 2013
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Jul. 31, 2013
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Feb. 22, 2013
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Feb. 19, 2013
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Jul. 31, 2012
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| Notes Receivable (Textual) [Abstract] | |||||||
| Convertible terms, description | The Company closed the sale of its Series A Stock which resulted in the reduction of the conversion price of the Bridge Notes held by the institutional investors to $2.00 from $2.50 to equal the conversion price of the Series A Preferred Stock. In addition, two additional 90-day extensions were provided to the institutional investors, which could extend the final maturity date to July 15, 2015. | ||||||
| Shoreline Memory | |||||||
| Notes Receivable (Textual) [Abstract] | |||||||
| Fully reserved balance of note | $ 275,000 | ||||||
| Shoreline Memory | Warrant | |||||||
| Notes Receivable (Textual) [Abstract] | |||||||
| Note receivable maturity period | 5 years 2 months | ||||||
| Common stock called by warrants, percentage | 30.00% | ||||||
| Shoreline Memory | Convertible Senior Promissory Note | |||||||
| Notes Receivable (Textual) [Abstract] | |||||||
| Amount available to be loaned under Convertible Senior Promissory Note | 1,500,000 | ||||||
| Note receivable, interest rate description | Prime plus 3.0% | ||||||
| Terms of advance under the note | Each time the Company advanced money under the note, the Company was granted 1% of the outstanding Common Stock of Shoreline for every $100,000 advanced up to a maximum of 15%. This was in addition to the 15% allowable under the conversion of the note and the warrant to acquire 30% of Shoreline Common Stock. The conversion is at the rate of 1% of the outstanding Common Stock for each $100,000 converted up to a maximum of 15%. | ||||||
| Note receivable maturity period | 3 years | ||||||
| Note receivable collateral, description | The note is secured by all the assets of Shoreline and Shoreline Capital Management Ltd. ("Shoreline Capital") as guarantor. | ||||||
| Convertible terms, description | Also executed with the note was a warrant to purchase 30% of the outstanding Common Stock of Shoreline at the time of exercise and the warrant expires sixty days after the third anniversary of the closing of the transaction. The warrant prescribed a formula to determine the price per share at the time of exercise. If all the amounts under the note were advanced and converted and the full warrant is exercised, the Company would have owned 60% of the outstanding Common Stock of Shoreline. | ||||||
| Partial repayments of note receivable | 200,000 | 50,000 | |||||
| Shoreline Memory | Convertible Senior Promissory Note | |||||||
| Notes Receivable (Textual) [Abstract] | |||||||
| Amount advanced under the note | 375,000 | ||||||
| Shoreline Memory | Convertible Senior Promissory Note | |||||||
| Notes Receivable (Textual) [Abstract] | |||||||
| Amount advanced under the note | 375,000 | ||||||
| Shoreline Memory | Amended and Restated Promissory Note | |||||||
| Notes Receivable (Textual) [Abstract] | |||||||
| Termination agreement, description | On March 27, 2013, the Company reached an agreement to terminate its relationship with Shoreline. At closing, the Company received an additional $225,000 as a partial repayment of the loan in connection with the termination of all agreements with Shoreline. | ||||||
| Interest rate of promissory note | 6.00% | ||||||
| Repayment terms | The remaining $275,000 was scheduled to be repaid in accordance with the amended and restated promissory note on July 31, 2013. | ||||||
| Settlement | During the quarter ended October 31, 2013 the Company agreed to settle the amount due on the defaulted note for approximately $162,000. The funds were received in escrow on October 31, 2013 and forwarded to the Company on November 1, 2013. | ||||||
| Proceeds from note receivable settlement | $ 162,000 |