Hammer Technology (HMMR) 10-K/A 19 Feb 25 2023 FY Annual report (amended) Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jul. 31, 2023	Feb. 19, 2025	Jan. 31, 2023
Cover [Abstract]
Entity Registrant Name	HAMMER FIBER OPTICS HOLDINGS CORP
Registrant CIK	0001539680
Fiscal Year End	--07-31
Document Type	10-K/A
Document Period End Date	Jul. 31, 2023
Entity File Number	000-1539680
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	98-1032170
Entity Address, Address Line One	6151 Lake Osprey Drive
Entity Address, City or Town	Sarasota
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	34240
City Area Code	941
Local Phone Number	306-3019
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 24,882,379
Entity Common Stock, Shares Outstanding		63,155,947
Amendment Flag	true
Amendment Description	Hammer Fiber Optics Holdings Corp. (the "Company," "we," or "our") filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2023 (the "Original Filing") with the Securities and Exchange Commission (the "SEC") on February 16, 2024. The Company filed Amendment No. 1 to the Original Form 10-K on May 8, 2024 solely for the purpose of: 1) updating the signature pages to include the entire Board of Directors of Hammer Fiber Optics Holdings Corp, and; 2) amending the addresses and titles in Part III, Item 10, providing the Part III information. The Company is now filing this Amendment No. 2 to the Original Form 10-K (the “Form 10-K/A”) to amend the financial statements for fiscal years ended July 31, 2023 and 2022 as follows: 1. Per review of its accounts receivable balance, the Company has deemed it appropriate to reserve an additional $98,900 in its allowance for uncollectible accounts. 2. Following a divestiture of the telecommunications subsidiaries, the Company has deemed it conservative to impair all intangible assets with indefinite lives that contributed to the Company's conduction of business in this sector as of July 31, 2022. 3. After reexamination of the useful lives of the Company's intangible assets, it has been determined that a portion of such assets are subject to amortization and should be segregated and such amortization expensed. Pursuant to Rule 12b-15 under the Securities Exchange Act of 1934, as amended  this Form 10-K/A also contains new certifications pursuant to Sections 302 of the Sarbanes Oxley Act of 2002. Accordingly, Item 15 of Part IV has also been amended to include the currently dated certifications as exhibits. Except as described above, this Amendment No. 2 does not amend any other information set forth in the Original Filing or Amendment No. 1, and we have not updated disclosures included therein to reflect any subsequent events. This Amendment No. 2 should be read in conjunction with the Original Filing, Amendment No. 1 and with our filings with the SEC subsequent to the Original Filing, including Amendment No. 1.
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Document Annual Report	true
Document Transition Report	false
Auditor Name	Fruci & Associates II, PLLC
Auditor Location	Spokane, Washington
Auditor Firm ID	5525
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Current Assets
Cash and cash equivalents	$ 66,688	$ 482,910
Accounts receivable	139,920	117,934
Security Deposits	7,316	11,082
Prepaid expenses	18,675	14,746
Total current assets	232,599	626,672
Property and equipment, net	89,712	137,345
Intangible and other assets	3,418,793	4,134,245
Assets from Discontinued Operations	0	1,243,960
Total Assets	3,741,104	6,142,222
Current Liabilities
Accounts payable and accrued expenses	1,205,995	1,342,287
Notes payable	92,694	198,965
Convertible notes payable, net	612,000	597,128
Convertible notes payable - related parties	738,600	518,600
Warrant Liabilities	195,750	213,750
Unissued Stock	105,925	0
Deferred Revenue	172,900	321,074
Current Liabilities from Discontinued Operations	545,994	546,304
Total Liabilities	3,669,858	3,738,108
Stockholders' Equity (Deficit)
Common stock, $0.001 par value, 250,000,000 shares authorized 62,205,947 and 61,565,841 shares issued 60,452,612 and 59,812,506 shares outstanding at July 31, 2023 and 2022, respectively	62,206	61,566
Additional paid-in capital	27,808,440	27,564,129
Accumulated deficit	(27,799,400)	(25,221,581)
Total Stockholder's Equity (Deficit)	71,246	2,404,114
Total Liabilities and Stockholders' Equity (Deficit)	$ 3,741,104	$ 6,142,222

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 31, 2023	Jul. 31, 2022
Statement of Financial Position [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	250,000,000	250,000,000
Common Stock, Shares, Issued	62,205,947	61,565,841
Common Stock, Shares, Outstanding	60,452,612	59,812,506

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Statement of Comprehensive Income [Abstract]
Revenues	$ 3,256,611	$ 2,602,115
Costs and expenses:
Cost of sales	2,426,456	2,022,190
Selling, general and administrative expenses	1,359,339	1,161,063
Depreciation expense	717,860	436,658
Total operating expenses	4,503,655	3,619,911
Operating loss	(1,247,044)	(1,017,796)
Other income (expense)
Other Income	262,259	0
Interest expense	(20,618)	(89,926)
Impairment expense	0	(2,959,286)
Warrant financing expense	(145,725)	(125,025)
Financing expenses	(255,532)	(635,812)
Change in fair value of warrant liabilities	18,000	57,000
Other expenses	(175,559)	(12,040)
Total other expenses	(317,175)	(3,765,089)
Income (loss) Before Discontinued Operations	(1,564,219)	(4,782,885)
Income (loss) From Discontinued Operations	(1,013,600)	0
Net income (loss)	$ (2,577,819)	$ (4,782,885)
Weighted average number of common shares outstanding
Basic	62,205,947	61,565,841
Diluted	62,205,947	61,565,841
Loss per share- Continuing operations
Continuing operations - Basic	$ (0.03)	$ (0.08)
Continuing operations - Diluted	(0.03)	(0.08)
Loss per share - Discontinued operations
Discontinued operations - Basic	(0.01)	0
Discontinued operations - Diluted	(0.01)	0
Total
Basic	(0.04)	(0.08)
Diluted	$ (0.04)	$ (0.08)

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Deficit) - USD ($)	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Total
Balance at Jul. 31, 2021	$ 60,853	$ 0	$ 22,859,434	$ (20,438,696)	$ 2,481,591
Balance (shares) at Jul. 31, 2021	60,853,341	5,932,835
Shares issued from prior acquisition		(2,089,750)
Shares returned to treasury (shares)		3,000,000			0
Treasury shares issued for acquisition			4,250,500		$ 4,250,500
Treasury shares issued for acquisition (shares)		(5,000,000)
Commitment shares issued for debt	$ 713	$ 0	454,195	0	$ 454,908
Commitment shares issued for debt (shares)	712,500	0
Treasury shares issued (shares)		(89,750)			0
Net loss				(4,782,885)	$ (4,782,885)
Balance at Jul. 31, 2022	$ 61,566	$ 0	27,564,129	(25,221,581)	2,404,114
Balance (shares) at Jul. 31, 2022	61,565,841	1,753,335
Debt conversion shares issued	$ 640	$ 0	244,311	0	244,951
Debt conversion shares issued (shares)	640,106	0
Net loss				(2,577,819)	(2,577,819)
Balance at Jul. 31, 2023	$ 62,206	$ 0	$ 27,808,440	$ (27,799,400)	$ 71,246
Balance (shares) at Jul. 31, 2023	62,205,947	1,753,335

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (2,577,819)	$ (4,782,885)
Loss from discontinued operations	1,013,600	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation expense	717,860	436,658
Warrant adjustment to fair value	(18,000)	(57,000)
Non-cash interest expense	227,872	454,908
Write-down of intangible assets	57,875	2,959,286
Changes in operating assets and liabilities:
Accounts receivable	(21,986)	167,072
Security deposits	3,766	0
Prepaid expenses	(3,929)	62
Accounts payable	(117,821)	434,151
Deferred revenue	(148,174)	21,874
Net cash provided by (used in) operating activities- continuing operations	(866,756)	(365,874)
Net cash provided by (used in) operating activities- discontinued operations	230,050	(86,081)
Net cash provided by (used in) operating activities	(636,706)	(451,955)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(12,650)	(46,893)
Net cash provided by (used in) investing activities- continuing operations	(12,650)	(46,893)
Net cash provided by (used in) investing activities- discontinued operations	0	0
Net cash provided by (used in) investing activities	(12,650)	(46,893)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of loans	(168,284)	(61,300)
Proceeds from loans	401,418	965,452
Net cash provided by (used in) financing activities- continuing operations	233,134	904,152
Net cash provided by (used in) financing activities- discontinued operations	0	0
Net cash provided by (used in) financing activities	233,134	904,152
Net increase (decrease) in cash	(416,222)	405,304
Cash, beginning of period	482,910	77,606
Cash, end of period	66,688	482,910
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS ACTIVITIES:
Cash paid for interest	20,618	11,587
Cash paid for taxes	1,415	2,040
SUPPLEMENTAL SCHEDULES OF NONCASH FINANCING ACTIVITIES:
Common stock shares issued upon conversion of debt	$ 244,311	$ 0

ORGANIZATION AND DESCRIPTION BU

ORGANIZATION AND DESCRIPTION BUSINESS	12 Months Ended
	Jul. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND DESCRIPTION BUSINESS	NOTE 1 - ORGANIZATION AND DESCRIPTION BUSINESS Hammer Technology Holdings Corp (OTCPK:HMMR) is a company focused on sustainable shareholder value investing in both financial services technology and wireless telecommunications infrastructure. Hammer's financial technologies business is focused on providing digital stored value technology via its HammerPay mobile payments platform to enable digital commerce between consumers and branded merchants across the developing world, ensuring Swift, Safe and Secure encrypted remittances and banking transactions. Hammer's "Everything Wireless" go to market strategy for its telecommunications business includes the development of high speed fixed wireless service for residential, small business and enterprise clients using its wireless fiber platform, Hammer Wireless AIR®, mobility networks including 4G/LTE, Over-the-Top services such as voice, SMS and collaboration services and hosting services.

CORPORATE HISTORY AND BACKGROUN

CORPORATE HISTORY AND BACKGROUND ON MERGER	12 Months Ended
	Jul. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
CORPORATE HISTORY AND BACKGROUND ON MERGER	NOTE 2 - CORPORATE HISTORY AND BACKGROUND ON MERGER The Company was originally incorporated in the State of Nevada on September 23, 2010, under the name Recursos Montana S.A. The Company's principal activity was an exploration stage company engaged in the acquisition of mineral properties then owned by the Company. On February 2, 2015, the Company entered into a Share Exchange Agreement with Tanaris Power Holdings, Inc., whereby the Company acquired 100% of Tanaris Power Holdings, Inc. issued and outstanding common stock in exchange for shares of the Company's common stock equal to 51% of the issued and outstanding common stock of the Company. Tanaris Power Holdings, Inc. was the owner of certain rights in connection with the marketing and sale of smart lithium-ion batteries and battery technologies for various industrial vehicles markets and related applications. On March 6, 2015, the Company amended its Articles of Incorporation to change its name to Tanaris Power Holdings, Inc. On April 25, 2016, Tanaris Power Holdings, Inc., a Nevada corporation entered into a Share Exchange Agreement (the "Share Exchange Agreement") with Hammer Fiber Optics Investments, Ltd., a Delaware corporation ("HFOI"), and the controlling stockholders of HFOI (the "HFOI Shareholders").Pursuant to the Share Exchange Agreement, the Company acquired 20,000,000 shares of common stock of HFOI from the HFOI shareholders (the "HFOI Shares") and in exchange, the Company issued to the HFOI Shareholders 50,000,000 (post-Merger) restricted shares of its common stock (the "HMMR Shares"). As a result of the Share Exchange Agreement, HFOI shall become a wholly owned subsidiary of the Company. On April 13, 2016, the Board of Directors (BOD) approved a Plan of Merger (the "Plan of Merger") under Nevada Revised Statuses (NRS) Section 92A.180 to merge (the "Merger") with our wholly-owned subsidiary HFO Holdings, a Nevada corporation, to effect a name change from Tanaris Power Holdings Inc. to Hammer Technology Holdings Corp. The Plan of Merger also provides for a 1 for 1,000 exchange ratios for shareholders of both the Company and the HRO Holdings, which had the effect of a 1 for 1,000 reverse split of the common stock. Articles of Merger were filed with the Secretary of State of Nevada on April 13, 2016 and, on April 14, 2016, this corporate action was submitted to Financial Industry Regulatory Authority (the "FINRA") for its review and approval. On May 3, 2016, the FINRA approved the merger with the wholly owned subsidiary, HMMR Fiber Optics Holdings Corp. ("HFO Holdings"). Accordingly, thereafter, the Company's name was changed, and the shares of common stock began trading under new ticker symbol "HMMR" as of May 27, 2016. The merger was effective on July 19, 2016. In 2016 Hammer Fiber Optics Investments Ltd deployed its first beta network in Atlantic County, New Jersey. The network used a spectrum license agreement from Straightpath Communications, LLC. On January 17, 2018 Verizon Communications, LLC purchased Straightpath Communications, LLC and on July 14, 2018, Verizon terminated the spectrum license agreement effective October 31, 2018, despite communications that it would continue to honor the agreement. On October 31, 2018, the Company ceased operations of the network in Atlantic County and subsequently classified the subsidiary as a discontinued operation. In 2016 Hammer Fiber Optics Investments Ltd deployed its first beta network in Atlantic County, New Jersey. The network used a spectrum license agreement from Straightpath Communications, LLC. On January 17, 2018 Verizon Communications, LLC purchased Straightpath Communications, LLC and on July 14, 2018, Verizon terminated the spectrum license agreement effective October 31, 2018, despite communications that it would continue to honor the agreement. On October 31, 2018, the Company ceased operations of the network in Atlantic County and subsequently classified the subsidiary as a discontinued operation. On November 1, 2018, The Company acquired Open Data Centers, LLC, 1stPoint Communications LLC and its subsidiaries. 1stPoint and its subsidiaries possess CLEC licenses in Florida, New York State, and a nationwide CMRS (Commercial Mobile Radio Services) license. The companies operate data center facilities in Piscataway, New Jersey and Homewood Alabama. On December 17, 2018, the Company closed the acquisition Endstream Communications, LLC, a wholesale voice operator in the United States. On January 29, 2019, our board of directors approved a stock purchase agreement with American Network, Inc to acquire all of its equity. The acquisition of American Network, Inc closed on September 1, 2019. As of April 30, 2020, our board of directors approved the discontinuation of the operations of Open Data Centers LLC. The operations of Open Data Centers, LLC were discontinued effective April 30, 2020 and the Company shut down its operations in its Piscataway, NJ data center. On October 25, 2021, our board of directors approved a share exchange agreement with Telecom Financial Services Limited ("TFS") for the acquisition one hundred percent (100%) of its stock. TFS owns the intellectual property critical to the operations of the Company's financial technology business unit as well as certain key supplier, marketing and operating agreements. The acquisition of TFS closed on January 3, 2022. TFS has been renamed HammerPay [USA] Ltd. On July 31, 2023, our board of directors approved the discontinuation of the operations of Hammer Wireless (SL) Limited, the company's data communications service in Sierra Leone. The operations were discontinued in March 2020 and all assets have been written down.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jul. 31, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The accompanying consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). Use of estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and cash equivalents Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. Property and equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation is recorded on a straight-line basis ten Impairment of long-lived assets The Company evaluates long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the assets to future undiscounted cash flows to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the assets exceeds the fair value of the assets. The Company has not recognized any related impairment losses. Intangible Assets Our intangible assets with finite lives, including customer lists and internal-use software, are amortized over their estimated useful lives. We assess all amortizable intangible assets and other long-lived assets for impairment whenever circumstances or changes suggest the asset's carrying amount may not be recoverable. If impairment indicators are present, we evaluate recoverability by comparing the carrying amount of the asset group to its anticipated net undiscounted cash flows. Should these cash flows be less than the carrying amount, we proceed to determine the asset's fair value and record any necessary impairment. Each year, we also re-evaluate the useful life of these intangible assets to decide if adjustments to their remaining useful lives are warranted based on current events and conditions. The Company recognized intangible asset impairment charges of $0 and $2,959,286 during the years ended July 31, 2023 and 2022, respectively. As of July 31, 2023, the Company had a total of $3,418,793 of net intangible assets with finite useful lives, which consisted of customer contracts of $2,991,858 and internal-use software in the aggregate of $426,935. As of July 31, 2022, the Company had a total of $4,134,245 of net intangible assets with finite useful lives, which consisted of customer contracts of $3,543,666 and internal-use software in the aggregate of $590,576. Revenue recognition The Company accounts for revenues under Accounting Standards Update (ASU) 2014-09, "Revenue from Contracts with Customers" (Topic 606), which we adopted on August 1, 2018, using the modified retrospective approach. This standard update, along with related subsequently issued updates, clarifies the principles for recognizing revenue and develops a common revenue standard for GAAP. The Company performs the following five steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The Company applies the five-step model to arrangements that meet the definition of a contract under Topic 606, including when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company evaluates the goods or services promised within each contract related performance obligation and assesses whether each promised good or service is distinct. The Company recognizes as revenue, the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. Amounts invoiced or collected in advance of product delivery or providing services are recorded as unearned revenue or customer deposits. The company accrues for sales returns, bad debts, and other allowances based on its historical experience. The Company's revenues are derived from its subsidiaries, 1stPoint Communications, LLC, Endstream Communications, LLC and Shelcomm, Inc. 1stPoint's and Shelcomm's revenues are derived from retail web and voice hosting services as well as carrier hosting services. These are contracted agreements which are billed monthly, and revenues are recognized in the period in which the services are rendered. In some cases customers sign longer-term agreements (up to two years) and prepay for those services. Revenues are recognized in the period the services are delivered. Endstream's revenue is derived from post-paid and pre-paid wholesale voice services and billed on a usage basis. Revenues are recognized in the period in which the services are delivered. Accounts Receivable On August 1, 2023, the Company adopted ASC 326, " Financial Instruments - Credit Losses Management periodically assesses the Company's accounts receivable and, if necessary, establishes an allowance for estimated uncollectible amounts. Any required allowance is based on specific analysis of past due accounts and also considers historical trends of write-offs. As of July 31, 2023 and 2022, the Company's allowance for estimated uncollectible amounts was $120,713 and $98,900. Income taxes The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, "Accounting for Income Taxes." The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. As of July 31, 2023, the Company did not have any amounts recorded pertaining to uncertain tax positions. Fair value measurements The Company adopted the provisions of ASC Topic 820, "Fair Value Measurements and Disclosures," which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The estimated fair value of certain financial instruments, including cash and cash equivalents are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 - quoted prices in active markets for identical assets or liabilities Level 2 - quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 - inputs that are unobservable (for example cash flow modeling inputs based on assumptions) The Company has no assets or liabilities valued at fair value on a recurring basis. Fair Value Measurements Fair Value Measurements at July 31, 2023 using: July 31, 2023 Quoted Prices in Significant Significant (Level 3) Liabilities $ - - - - Warrant Liabilities $ 195,750 - - 195,750 Fair Value Measurements at July 31, 2022 using: July 31, 2022 Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Liabilities $ - - - - Warrant Liabilities $ 213,750 - - 213,750 The warrant liabilities are measured at fair value using quoted market prices and estimated volatility factors based on historical prices for the Company's common stock and are classified within Level 3 of the valuation hierarchy. The following table provides a summary of changes in fair value of the Company's Level 3 financial liabilities as of July 31, 2023, and 2022: July 31, 2023 July 31, 2022 Beginning Balance $ 213,750 $ - Additions - 270,750 Change in fair value of derivative liabilities (18,000 ) (57,000 ) Ending Balance, July 31 $ 195,750 $ 213,750 Consolidation of financial statements Hammer Technology Holdings Corp. is the parent company and sole shareholder of Hammer Wireless Corporation and its subsidiaries, 1stPoint Communications, LLC and its subsidiaries (which includes Shelcomm, Inc), Endstream Communications, LLC, American Network, Inc. and HammerPay [USA], Ltd. The financial statements for Hammer Technology Holdings Corp. and its wholly-owned subsidiaries are reported on a consolidated basis. All significant intercompany accounts and transactions have been eliminated. Its subsidiaries, Hammer Fiber Optics Investments, Ltd., Hammer Wireless - SL, Ltd., and its former subsidiary Open Data Centers, LLC, are discontinued and are considered discontinued operations. Open Data Centers was dissolved on December 30, 2020. Segment Information Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision maker ("CODM"), or decision-making group, in making decisions on how to allocate resources and assess performance. The Company has one operating segment. Foreign currency translation and other comprehensive loss We transact business in various foreign currencies including the Euro and the Leone. In general, The functional currency of Hammer Wireless - SL, Ltd., the Company's Sierra Leone subsidiary, is the Sierra Leonean Leone. Consequently, revenues and expenses of operations outside the United States are translated into USD Dollars using the weighted-average exchange rates on the period end date and assets and liabilities of operations outside the United States are translated into US Dollars using the change rate on the balance sheet dates. The effects of foreign currency translation adjustments amounted to approximately $54,000 and are reported in the Company's Consolidated Statement of Comprehensive Income (Loss) and Consolidated Statements of Stockholders' Equity (Deficit). On July 31, 2023, the Board of Directors approved the discontinuation of the Hammer Wireless - SL, Ltd, subsidiary. Prior period reclassifications We have reclassified certain amounts in prior periods to conform with current year's presentation. Notes payable, convertible notes payable, and convertible notes payable - related parties which were reported within loans payable on July 31, 2023 have been reclassified into their own lines within the consolidated balance sheet. Basic and diluted loss per share The basic earnings (loss) per share are calculated by dividing the Company's net income available to common shareholders by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing the Company's net income (loss) available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following table sets forth the number of potential shares of common stock that have been excluded from basic net loss per share because their effect was anti-dilutive for the years ended: July 31, 2023 July 31, 2022 Warrants 450,000 450,000 Convertible Promissory Notes 1,070,858 1,532,310 Convertible Promissory Notes - Related Parties 2,052,123 1,297,278 Total 3,572,981 3,279,588 Recent accounting pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which significantly changes how entities will measure credit losses for most financial assets, including accounts receivable. ASU No. 2016-13 will replace today's "incurred loss" approach with an "expected loss" model, under which companies will recognize allowances based on expected rather than incurred losses. On November 15, 2019, the FASB delayed the effective date of Topic 326 for certain small public companies and other private companies until fiscal years beginning after December 15, 2022, for SEC filers that are eligible to be smaller reporting companies under the SEC's definition, as well as private companies and not-for-profit entities. In March 2022, the FASB issued ASU No. 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. The guidance was issued as improvements to ASU No. 2016-13 described above. The vintage disclosure changes require an entity to disclose current-period gross write-offs by year of origination for financing receivables. The guidance is effective for financial statements issued for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. On August 1, 2023, the Company adopted ASC 326, " Financial Instruments - Credit Losses In August 2020, the FASB issued ASU 2020-06, " Debt with Conversion and other Derivatives and Hedging-Contracts in Entity s Own Equity (Subtopic 815-40) ASU 2020-06 . GAAP Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures Income Taxes (Topic 740): Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures Management has evaluated other recently issued accounting pronouncements and does not believe that any of these pronouncements will have a significant impact on our consolidated financial statements and related disclosures.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Jul. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 4 - GOING CONCERN The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has consistently sustained losses since its inception. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a period of one year from the issuance of these financial statements. The Company's continuation as a going concern is dependent upon, among other things, its ability to increase revenues, adequately control operating expenses and receive debt and/or equity capital from third parties. No assurance can be given that the Company will be successful in these efforts. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company intends to continue to address this condition by seeking to raise additional capital through the issuance of debt and/or the sale of equity until such time that ongoing revenues can sustain the business, at which time capitalization may be considered through other means.

RESTATEMENT OF PREVIOUSLY ISSUE

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS	12 Months Ended
	Jul. 31, 2023
Accounting Changes and Error Corrections [Abstract]
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS	NOTE 5 - RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS July 31, 2023 Restatement Subsequent to the Company's filing of its Annual Report on Form 10-K for the year ended July 31, 2023, with the Securities and Exchange Commission on February 16, 2024, and amended on May 8, 2024, the Company performed an evaluation of its accounting in relation to intangible assets subject to amortization. Management determined that the Original and Amended Form 10-K do not give effect to certain expenses identified. Accordingly, the Company restates its consolidated financial statements in this Form 10-K as outlined further below. Upon review of the Company's previously filed 10-K, the following errors were discovered and recorded: 1. In accordance with ASU No. 2016-13, the Company has re-evaluated its measurement of credit losses pertaining to its accounts receivable and noted that its allowance for uncollectable accounts should be increased by $98,900 as of July 31, 2022. The Balance Sheet has been updated to properly reflect such impairment as of July 31, 2023. 2. The Company evaluated its intangible assets with indefinite lives as of July 31, 2023 and deemed it appropriate to impair all assets relating to the telecommunications industry that would be divested following the agreement with Viper Networks, as detailed in Note 2 and Note 18. The Balance Sheet has been updated to properly reflect such impairment as of July 31, 2023. There has been no effect on the Statement of Operations, Statement of Changes in Stockholder Equity (Deficit), or the Statement of Cash Flows for the year ended July 31, 2023. 3. Amortization expense associated with two intangible assets, software and customer contracts, had not been amortized in accordance with ASC 350-30-35. The Statement of Operations and the Statement of Cash Flows for the period ended July 31, 2023 have been updated to properly reflect the amortization expense of intangible assets. The following table sets forth the effects of the adjustments on affected items within the Company's previously reported consolidated balance sheets for the year ended July 31, 2023: July 31, July 31, 2023 Adjustments 2023 (as restated) ASSETS Current Assets Cash and cash equivalents $ 66,688 $ - $ 66,688 Accounts receivable, net 238,820 (98,900 ) (1 ) 139,920 Security deposits 7,316 - 7,316 Prepaid expenses 18,675 - 18,675 Total current assets 331,499 (98,900 ) 232,599 Property and equipment, net 89,712 - 89,712 Intangible assets, net 7,406,827 (3,988,034 ) (2,3 ) 3,418,793 Total assets $ 7,828,038 $ (4,086,934 ) $ 3,741,104 Current Liabilities Accounts payable and accrued expenses $ 1,205,995 $ - $ 1,205,995 Notes payable 92,694 - 92,694 Convertible notes payable 612,000 - 612,000 Convertible notes payable - related parties 738,600 - 738,600 Warrant liabilities 195,750 - 195,750 Unissued Stock 105,925 - 105,925 Deferred revenue 172,900 - 172,900 Current liabilities from discontinued operations 545,994 - 545,994 Total current liabilities 3,669,858 - 3,669,858 Total liabilities $ 3,669,858 $ - $ 3,669,858 Commitments and contingencies Stockholders' Equity Common stock, $0.001 par value, 250,000,000 shares authorized 62,205,947 and 61,565,841 shares issued; 60,452,612 and 59,812,506 shares outstanding at July 31, 2023 and 2022, respectively $ 62,206 $ - $ 62,206 Additional paid-in capital 27,808,440 - 27,808,440 Accumulated deficit (23,712,466 ) (4,086,934 ) (1,2,3 ) (27,799,400 ) Total Stockholder's Equity 4,158,180 (4,086,934 ) 71,246 Total Liabilities and Stockholders' Equity $ 7,828,038 $ (4,086,934 ) $ 3,741,104 The following table sets forth the effects of the adjustments on affected items within the Company's previously reported consolidated statements of operations for the year ended July 31, 2023: For the Year Ended July 31, 2023 Adjustments July 31, 2023 (As Filed) (As Amended) Revenues $ 3,256,611 $ - $ 3,256,611 Costs and expenses: Cost of sales 2,426,456 - 2,426,456 Selling, general and administrative expenses 1,359,339 - 1,359,339 Depreciation expense 60,283 657,577 (3 ) 717,860 Total operating expenses 3,846,078 657,577 4,503,655 Operating loss (589,467 ) (657,577 ) (1,247,044 ) Other income (expense) Other income 262,259 - 262,259 Interest expense (20,618 ) - (20,618 ) Warrant adjustment to fair value (145,725 ) - (145,725 ) Financing expenses (255,532 ) - (255,532 ) Change in fair value of warrant liabilities 18,000 - 18,000 Other expenses (175,559 ) - (175,559 ) Total other expenses (317,175 ) - (317,175 ) Income (loss) Before Discontinued Operations (906,642 ) (657,577 ) (3 ) (1,564,219 ) Income (loss) From Discontinued Operations (1,013,600 ) - (1,013,600 ) Net loss $ (1,920,242 ) $ (657,577 ) $ (2,577,819 ) Weighted average number of common shares outstanding - basic and diluted 62,205,947 - 62,205,947 Loss per share- basic and diluted Continuing operations (0.01 ) - (0.03 ) Discontinued operations (0.02 ) - (0.01 ) Total $ (0.03 ) $ - $ (0.04 ) The following table sets forth the effects of the adjustments on affected items within the Company's previously reported consolidated statements of cash flow for the year ended July 31, 2023: July 31, July 31, 2023 Adjustments 2023 (As Filed) (As Restated) CASH FLOWS FROM OPERATING ACTIVITIES Net Loss $ (1,920,242 ) $ (657,577 ) (3 ) $ (2,577,819 ) Loss from discontinued operations 1,013,600 - 1,013,600 Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation expense 60,283 657,577 (3 ) 717,860 Warrant adjustment to fair value (18,000 ) - (18,000 ) Noncash interest expense 227,872 - 227,872 Write-down of intangible assets 57,875 - 57,875 Changes in operating assets and liabilities: - Accounts receivable (21,986 ) - (21,986 ) Security deposits 3,766 - 3,766 Prepaid expenses (3,929 ) - (3,929 ) Accounts payable (117,821 ) - (117,821 ) Deferred revenue (148,174 ) - (148,174 ) Net cash used in operating activities - continuing operations (866,756 ) - (866,756 ) Net cash provided by (used in) operating activities - discontinued operations 230,050 - 230,050 Net cash used in operating activities (636,706 ) - (636,706 ) CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property and equipment (12,650 ) - (12,650 ) Net cash used in operating activities - continuing operations (12,650 ) - (12,650 ) Net cash used in operating activities - discontinued operations - - - Net cash used in investing activities (12,650 ) - (12,650 ) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of notes payable (168,284 ) - (168,284 ) Proceeds from notes payable 401,418 - 401,418 Net cash provided by financing activities - continuing operations 233,134 - 233,134 Net cash provided by financing activities - discontinued operations - - - Net cash used in financing activities 233,134 - 233,134 Effect of foreign currency on cash - - - Net increase (decrease) in cash (416,222 ) - (416,222 ) Cash, beginning of period 482,910 - 482,910 Cash, end of period $ 66,688 - $ 66,688 SUPPLEMENTAL DISCLOSURES OF CASH FLOW ACTIVITIES: Cash paid for interest $ 20,618 $ - $ 20,618 Cash paid for taxes $ 1,415 $ - $ 1,415 Shares issued for debt conversion $ 244,311 $ - $ 244,311 July 31, 2022 Restatement Subsequent to the Company's filing of its Annual Report on Form 10-K for the year ended July 31, 2023, with the Securities and Exchange Commission on February 8, 2023 and amended on May 8, 2024, the Company performed an evaluation of its accounting in relation to intangible assets subject to amortization. Management determined that the Original and Amended Form 10-K do not give effect to certain expenses identified. Accordingly, the Company restates its consolidated financial statements in this Form 10-K as outlined further below. Upon review of the Company's previously filed 10-K, the following errors were discovered and recorded: 1. In accordance with ASU No. 2016-13, the Company has re-evaluated its measurement of credit losses pertaining to its accounts receivable and noted that its allowance for uncollectable accounts should be increased by $98,900 as of July 31, 2022. The Balance Sheet has been updated to properly reflect such impairment as of July 31, 2022. 2. The Company evaluated its intangible assets with indefinite lives as of July 31, 2022 and deemed it appropriate to impair all assets relating to the telecommunications industry that would be divested following the agreement with Viper Networks, as detailed in Note 2 and Note 18. The Balance Sheet has been updated to properly reflect such impairment as of July 31, 2022. There has been no effect on the Statement of Operations, Statement of Changes in Stockholder Equity (Deficit), or the Statement of Cash Flows for the year ended July 31, 2022. 3. Amortization expense associated with two intangible assets, software and customer contracts, had not been amortized in accordance with ASC 350-30-35. The Statement of Operations and the Statement of Cash Flows for the period ended July 31, 2022 have been updated to properly reflect the amortization expense of intangible assets. The following table sets forth the effects of the adjustments on affected items within the Company's previously reported consolidated balance sheets for the year ended July 31, 2022: July 31, July 31, 2022 Adjustments 2022 (as restated) ASSETS Current Assets Cash and cash equivalents $ 482,910 $ - $ 482,910 Accounts receivable, net 216,834 (98,900 ) (1 ) 117,934 Security deposits 11,082 - 11,082 Prepaid expenses 14,746 - 14,746 Total current assets 725,572 (98,900 ) 626,672 Property and equipment, net 137,345 - 137,345 Intangible assets, net 7,464,702 (3,330,457 ) (2,3 ) 4,134,245 Assets from discontinued operations 1,243,960 - 1,243,960 Total assets $ 9,571,579 $ (3,429,357 ) $ 6,142,222 Current Liabilities Accounts payable and accrued expenses $ 1,342,287 $ - $ 1,342,287 Notes payable 198,965 - 198,965 Convertible notes payable, net 597,128 - 597,128 Convertible notes payable - related parties 518,600 - 518,600 Warrant liabilities 213,750 - 213,750 Deferred revenue 321,074 - 321,074 Current liabilities from discontinued operations 546,304 - 546,304 Total current liabilities 3,738,108 - 3,738,108 Total liabilities $ 3,738,108 $ - $ 3,738,108 Commitments and contingencies Stockholders' Equity Common stock, $0.001 par value, 250,000,000 shares authorized 62,205,947 and 61,565,841 shares issued; 60,452,612 and 59,812,506 shares outstanding at July 31, 2023 and 2022, respectively $ 61,566 $ - $ 61,566 Additional paid-in capital 27,564,129 - 27,564,129 Accumulated deficit (21,792,224 ) (3,429,357 ) (1,2,3 ) (25,221,581 ) Total Stockholder's Equity 5,833,471 (3,429,357 ) 2,404,114 Total Liabilities and Stockholders' Equity $ 9,571,579 $ (3,429,357 ) $ 6,142,222 The following table sets forth the effects of the adjustments on affected items within the Company's previously reported consolidated statements of operations for the year ended July 31, 2022: For the Year Ended July 31, 2022 Adjustments July 31, 2022 (As Filed) (As Amended) Revenues $ 2,602,115 $ - $ 2,602,115 Costs and expenses: Cost of sales 2,022,190 - 2,022,190 Selling, general and administrative expenses 1,062,163 98,900 (1 ) 1,161,063 Depreciation expense 65,487 371,171 (3 ) 436,658 Total operating expenses 3,149,840 470,071 3,619,911 Operating loss (547,725 ) (470,071 ) (1,017,796 ) Other income (expense) Interest expense (89,926 ) - (89,926 ) Impairment expense - (2,959,286 ) (2 ) (2,959,286 ) Warrant adjustment to fair value (125,025 ) - (125,025 ) Financing expenses (635,812 ) - (635,812 ) Change in fair value of warrant liabilities 57,000 - 57,000 Other expenses (12,040 ) - (12,040 ) Total other expenses (805,803 ) (2,959,286 ) (3,765,089 ) Net loss $ (1,353,528 ) $ (3,429,357 ) (1,2,3 ) $ (4,782,885 ) Weighted average number of common shares outstanding - basic and diluted 61,565,841 - 61,565,841 Loss per share- basic and diluted (0.08 ) - (0.08 ) The following table sets forth the effects of the adjustments on affected items within the Company's previously reported consolidated statements of cash flows for the year ended July 31, 2022: July 31, July 31, 2022 Adjustments 2022 (As Filed) (As Restated) CASH FLOWS FROM OPERATING ACTIVITIES Net Loss $ (1,353,528 ) $ (3,429,357 ) (1,2,3 ) $ (4,782,885 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation expense 65,487 371,171 (3 ) 436,658 Warrant adjustment to fair value (57,000 ) - (57,000 ) Noncash interest expense 454,908 - 454,908 Write-down of intangible assets - 2,959,286 (2 ) 2,959,286 Changes in operating assets and liabilities: - Accounts receivable 68,172 98,900 (1 ) 167,072 Prepaid expenses 62 - 62 Accounts payable 434,151 - 434,151 Deferred revenue 21,874 - 21,874 Net cash used in operating activities - continuing operations (365,874 ) - (365,874 ) Net cash provided by (used in) operating activities - discontinued operations (86,081 ) - (86,081 ) Net cash used in operating activities (451,955 ) - (451,955 ) CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property and equipment (46,893 ) - (46,893 ) Net cash used in operating activities - continuing operations (46,893 ) - (46,893 ) Net cash used in operating activities - discontinued operations - - - Net cash used in investing activities (46,893 ) - (46,893 ) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of notes payable (61,300 ) - (61,300 ) Proceeds from notes payable 965,452 - 965,452 Net cash provided by financing activities - continuing operations 904,152 - 904,152 Net cash provided by financing activities - discontinued operations - - - Net cash used in financing activities 904,152 - 904,152 Effect of foreign currency on cash - - - Net increase (decrease) in cash 405,304 - 405,304 Cash, beginning of period 77,606 - 77,606 Cash, end of period $ 482,910 - $ 482,910 SUPPLEMENTAL DISCLOSURES OF CASH FLOW ACTIVITIES: Cash paid for interest $ 11,587 $ - $ 11,587 Cash paid for taxes $ 2,040 $ - $ 2,040 The specific explanations for the July 31, 2023 and 2022 items noted above in the restated financial statements are as follows: 1. Per review of its accounts receivable balance, the Company has deemed it appropriate to reserve a total of $98,900 in its allowance for uncollectible accounts. 2. Following a divestiture of the telecommunications subsidiaries, as described in Note 18, the Company impaired all intangible assets with indefinite lives that contributed to the Company's conduction of business in this sector as of July 31, 2022. 3. After reexamination of the useful lives of the Company's intangible assets, it has been determined that a portion of such assets are subject to amortization and should be segregated and such amortization expensed.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Jul. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	NOTE 6 - DISCONTINUED OPERATIONS Hammer Fiber Optics Investment Ltd. ceased operations in the Atlantic County geographical market on October 31, 2018 when Verizon Communications, LLC terminated the spectrum lease agreement. The operations of Hammer Fiber Optics Investments, Ltd were classified as a discontinued operation. Reporting of the discontinued operation is in accordance with Accounting Standards Update No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. Open Data Centers, LLC ceased operations at its sole location in Piscataway, NJ on May 1, 2020. The operations of Open Data Centers, LLC were classified as a discontinued operation. Reporting of the discontinued operation is in accordance with Accounting Standards Update No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. As of July 31, 2023 and 2022, there were $545,994 and $546,304, respectively, of accounts payables for discontinued operations that remain on the books. July 31, 2023 July 31, 2022 Assets Current Assets Cash $ - $ - Accounts receivable - - Other current assets - - Total current assets - - Other Assets Property and equipment- net - 1,243,960 Intangible assets - - Total other assets - 1,243,960 Total Assets $ - $ 1,243,960 Liabilities and Net Assets Current Liabilities Accounts payable $ 545,994 $ 546,304 Notes payable- related parties - - Current portion of long-term notes payable - related parties - - Accrued interest - - Rent concessions - - Total current liabilities 545,994 546,304 Net assets (liabilities) $ (545,994 ) $ 697,656

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Jul. 31, 2023
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 7 - PROPERTY AND EQUIPMENT As of July 31, 2023 and 2022, property and equipment from ongoing operations included: July 31, 2023 July 31, Life Computer, Telecom equipment & Software $ 1,274,303 585,619 5 years Less: Accumulated depreciation (1,184,591 ) (448,274 ) Total $ 89,712 137,345 Depreciation expense was $60,283 and $65,487 for the years ended July 31, 2023 and 2022, respectively.

INDEFINITE LIVED INTANGIBLE ASS

INDEFINITE LIVED INTANGIBLE ASSETS	12 Months Ended
	Jul. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
INDEFINITE LIVED INTANGIBLE ASSETS	NOTE 8 - INDEFINITE LIVED INTANGIBLE ASSETS The Company recognized indefinitely lived intangible asset impairment charges of $0 and $2,959,286 during the years ended July 31, 2023 and 2022. Other intangible assets The following table displays the composition of Intangible assets, net as well as the respective amortization period: 2023 2022 At July 31, Useful Gross Accumulated Net Amount Gross Accumulated Net Amount Customer contracts 7 $ 3,862,657 $ 870,799 $ 2,991,858 $ 3,862,657 $ 318,990 $ 3,543,667 Software 5 584,884 157,949 426,935 642,759 52,181 590,578 Total $ 4,447,541 $ 1,028,748 $ 3,418,793 $ 4,505,416 $ 371,171 $ 4,134,245 The amortization expense for Other intangible assets was as follows: Years 2023 $ 657,577 2022 371,171 Estimate annual amortization expense for Other intangible assets is as follows: Years 2024 $ 673,193 2025 675,569 2026 675,569 2027 623,388 2028 569,800 2029 239,602

NOTES PAYABLE

NOTES PAYABLE	12 Months Ended
	Jul. 31, 2023
Notes Payable Disclosure [Abstract]
NOTES PAYABLE	NOTE 9 - NOTES PAYABLE On March 20, 2023, 1stPoint Communications entered into a financing agreement with a financial institution in the amount of $58,000 and $2,320 in transaction fees. As of July 31, 2023 the principal remaining under this financial agreement was $17,234. The balance was paid in full on October 6, 2023. On January 5, 2022, the Company entered into a convertible note with a related party in the amount of $29,253. The amount will convert into Common Stock at the Company's option and bears interest at a rate of 6% annually, to be expensed at the time of conversion. The interest on this note has been forgiven by all parties. As of July 31, 2023 and 2022, the balance of this note was $24,253. During the fiscal year 2022, the Company entered into a non-interest-bearing loan with a financial institution in the amount of $10,972. As of July 31, 2023 and 2022 the principal remaining was $10,972. On February 26, 2021, Endstream Communications entered into a financing agreement with a financial institution in the amount of $40,000. The amount was refinanced on March 25, 2022 and again on November 16, 2022 in the amount of $141,750. As of July 31, 2023 and 2022 the principal remaining was $40,234 and $103,140. As of July 31, 2023 and 2022, notes payable consisted of the following: July 31, 2023 July 31, 2022 Notes payable $ 92,694 $ 198,965 Less: current portion, net (92,694 ) (198,965 ) Long-term notes payable, net $ - $ -

RELATED PARTY CONVERTIBLE DEBT

RELATED PARTY CONVERTIBLE DEBT	12 Months Ended
	Jul. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTY CONVERTIBLE DEBT	NOTE 10 - RELATED PARTY CONVERTIBLE DEBT On August 22, 2019, the Company entered into a convertible note with a related party in the amount of $12,000. $4,500 has been repaid. The amount will convert into Common Stock at the Company's option and bears interest at a rate of 6% annually, to be expensed at the time of conversion. The interest on this note has been forgiven by all parties. As of July 31, 2023 and 2022, the balance of this note was $7,500. On August 24, 2019, the Company entered into a convertible note with two related parties (who were former partners in 1stPoint Communications, LLC) in the amounts of $12,000 and $6,000 respectively. Both notes bear interest at a rate of 6% annually and any interest may be accrued as either cash or stock at the option of the Company. The interest on this note has been forgiven by all parties. As of July 31, 2023 and 2022, the balances of these notes were $12,000 and $6,000 for both periods. On April 20, 2020, the Company entered into a convertible note with the Chief Financial Officer in the amount of $36,300 with an original maturity date of April 20, 2024. The amount will convert into Common Stock at the Company's option and bears interest at a rate of 6% annually, to be expensed at the time of conversion. The interest on this note has been forgiven by all parties. As of July 31, 2023 and 2022, the balance of this note was $36,300. On September 1, 2020, the Company entered into a promissory note for the sum of $100,000 with a non-executive director. The amount will convert into Common Stock at the Company's option and bears interest at a rate of 6% annually, to be expensed at the time of conversion. The interest on this note has been forgiven by all parties. The note has been amended several times, with a total increase in funding of $61,300. As of July 31, 2023 and 2022, the balance of this note was $161,300. On February 26, 2021, the Company entered into a convertible note with a related party in the amount of $25,000. The note bears interest at a rate of 6%, compounded monthly and payable upon repayment or conversion. Interest has been waived by the lender. The note has been amended several times, with a total increase in funding of $447,500. As of July 31, 2023 and 2022, the balance of this note was $472,500 and $295,500, respectively. On December 9, 2022, the Company entered into a convertible note with the Chief Financial Officer in the amount of $43,000. The amount will convert into Common Stock at the Company's option and bears interest at a rate of 6% annually, to be expensed at the time of conversion. The interest on this note has been forgiven by all parties. As of July 31, 2023, the balance of this note was $43,000. As of July 31, 2023 and 2022, all of the related party payables are reported as current liabilities in the Consolidated Balance Sheet and all interest and maturity dates have been waived by the holders of all promissory notes from all related parties. All related party convertible notes, with the exception of the August 22, 2019, September 1, 2020, and January 5, 2022 notes, have conversion terms of a 20% discount to market on the date of the proposed conversion, at the option of the Company or lender. The August 22, 2019, September 1, 2020, and January 5, 2022, notes have no conversion price explicitly stated. As of July 31, 2023 and 2022, related parties convertible debt consisted of the following: July 31, 2023 July 31, 2022 Convertible notes payable - related parties $ 738,600 $ 518,600 Less: current portion, net (738,600 ) (518,600 ) Long-term convertible notes payable - related parties, net $ - $ -

CONVERTIBLE DEBT

CONVERTIBLE DEBT	12 Months Ended
	Jul. 31, 2023
Debt Disclosure [Abstract]
CONVERTIBLE DEBT	NOTE 11 - CONVERTIBLE DEBT On February 11, 2022, the Company entered into a Securities Purchase Agreement (the "Mast SPA") by and between the Company and Mast Hill Fund, L.P. ("Mast"). Pursuant to the terms of the Mast SPA, the Company agreed to sell to Mast and Mast agreed to purchase from the Company, a promissory note in the aggregate principal amount of $550,000 (the "Mast Note"), convertible into shares of the Company's common stock upon the terms and subject to the limitations and conditions set forth in the Mast Note. The Mast Note has an original issue discount of $55,000, resulting in gross proceeds to the Company of $495,000. Mast has piggyback registration rights pursuant to the terms of the Mast SPA. Mast Hill converted approximately $72,148 in interest and $1,750 in fees totaling approximately $73,897 into that number of shares of common stock on March 23, 2023. The Company entered into the First Amendment to the Mast Note as of March 6, 2023, through which both parties agreed to increase the principal balance of the note by $62,000. As of July 31, 2023 and 2022, the balance of the Mast Note was $612,000 and $550,000, respectively. Pursuant to the terms of the Mast SPA, the Company also agreed to issue (i) a common stock purchase warrant to purchase 150,000 shares of Company common stock at an exercise price of $3.00, subject to adjustment as set forth therein (the "Mast First Warrant"), (ii) a common stock purchase warrant to purchase 150,000 shares of Company common stock at an exercise price of $1.50, subject to adjustment as set forth therein (the "Mast Second Warrant" and together with the Mast First Warrant, the "Mast Warrants"), and (iii) 475,000 shares of Company common stock to Mast as additional consideration for the purchase of the Mast Note. The Mast Note bears interest at a rate of 12% per annum and matures on February 11, 2023. Any amount of principal or interest on the Mast Note which is not paid when due will bear interest at a rate of the lesser of (i) 16% per annum and (ii) the maximum amount permitted by law. The Mast Note may not be prepaid in whole or in part except as provided in the Mast Note by way of conversion at Mast's option. Mast has the right at any time to convert all or any part of the outstanding and unpaid principal amount and interest of the Mast Note into common stock, subject to a 4.99% equity blocker, at a conversion price of $0.58 per share; provided, however, The foregoing description of the Mast SPA, the Mast Note and the Mast Warrants does not purport to be complete and is qualified in its entirety by reference to the Mast SPA, the Mast Note, the First Mast Warrant and the Second Mast Warrant, copies of which are filed as Exhibits 10.1, 10.2, 10.3 and 10.4 to Form 8-K filed on February 23, 2022. On February 17, 2022, the Company entered into a Securities Purchase Agreement (the "Talos SPA") by and between the Company and Talos Victory Fund, LLC ("Talos"). Pursuant to the terms of the Talos SPA, the Company agreed to sell to Talos, and Talos agreed to purchase from the Company, a promissory note in the aggregate principal amount of $275,000 (the "Talos Note"), convertible into shares of the Company's common stock upon the terms and subject to the limitations and conditions set forth in the Talos Note. The Talos Note has an original issue discount of $27,500, resulting in gross proceeds to the Company of $247,500. Talos has piggyback registration rights pursuant to the terms of the Talos SPA. Pursuant to the terms of the Talos SPA, the Company also agreed to issue (i) a common stock purchase warrant to purchase 75,000 shares of Company common stock at an exercise price of $3.00, subject to adjustment as set forth therein (the "Talos First Warrant"), (ii) a common stock purchase warrant to purchase 75,000 shares of Company common stock at an exercise price of $1.50, subject to adjustment as set forth therein (the "Talos Second Warrant" and together with the Talos First Warrant, the "Talos Warrants"), and (iii) 237,500 shares of Company common stock to Talos as additional consideration for the purchase of the Talos Note. Talos converted the note into 512,696 shares of HMMR common stock on October 4, 2022. As of July 31, 2023 and 2022, convertible debt consisted of the following: July 31, 2023 July 31, 2022 Convertible debt $ 557,000 $ 742,500 Original issue discount 55,000 82,500 Debt discount - (227,872 ) Less: current portion, net (612,000 ) (597,128 ) Long-term convertible debt, net $ - $ -

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jul. 31, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 12 - INCOME TAXES The Company's income tax expense, deferred tax assets and liabilities, and liabilities for unrecognized tax benefits reflect management's best estimate of current and future taxes to be paid. The Company is subject to income taxes in the United States and numerous foreign jurisdictions. Significant judgments and estimates are required in the determination of the consolidated income tax expense. The reconciliation of income tax benefit at the U.S. statutory rate of 21% for the fiscal year ended July 31, 2023 and 2022, to the Company's effective tax rate is as follows: July 31, 2023 2022 Income tax benefit provision at statutory rate $ (1,920,242 ) $ 187,671 Change in valuation allowance 1,920,242 (187,671 ) $ - $ - The tax effects of temporary differences that give rise to the Company's net deferred tax assets as of July 31, 2023 and 2022 are as follows: July 31, 2023 2022 Net operating gain/loss $ (1,920,242 ) $ (893,672 ) Valuation allowance 1,920,242 893,672 $ - $ - The Tax Cuts and Jobs Act of 2017 (the Act) reduced the statutory corporate federal income tax rate from 35% to 21% beginning in 2018. The blended tax rate for 2018 considered the tax laws enacted in 2017. The tax effect of temporary differences from net operating losses ("NOL") has been reduced to reflect the newly enacted rates. The Company has approximately $22,912,000 of NOL carried forward to offset taxable income in future years. The tax laws enacted in 2017 also changed the treatment of NOL. Prior to the change, NOL could be carried back up to two years and carried forward up to 20 years to offset taxable income. In the new tax law, the NOL that can be carried forward is limited to 80% of the taxable income, can no longer be carried back, but are allowed to be carried forward indefinitely. The new law will apply to NOL arising in tax years beginning 2019. December 31, 2017, hence, $3,000,000 of the NOL will be subject to the 80% limitation and will be carried forward indefinitely while $19,297,000 of the NOL will be carried forward for 20 years and will begin to expire in 2036. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the period in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on the assessment, management has established a full valuation allowance against all of the deferred tax assets relating to NOLs for every period because it is more likely than not that all of the deferred tax assets will not be realized. As of July 31, 2023 and 2022, the Company has no unrecognized income tax benefits. The Company's policy for classifying interest and penalties associated with unrecognized income tax benefits is to include such items as a tax expense. No interest or penalties have been recorded during the years ended July 31, 2023 and 2022. As of July 31, 2023 and 2022, the Company did not have any amounts recorded pertaining to uncertain tax positions. The tax years from 2016 and forward remain open to examination by federal and state authorities due to net operating loss and credit carryforwards. The Company is currently not under examination by the Internal Revenue Service or any other taxing authorities.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Jul. 31, 2023
Stockholders' Equity Attributable to Parent [Abstract]
STOCKHOLDERS' EQUITY	NOTE 13 - STOCKHOLDERS' EQUITY Common Stock On March 6, 2023, Mast Hill amended the terms of its promissory note, which included the issuance of 475,000 shares of the Company's common stock issued during the quarter ended October 31, 2023. On March 23, 2023, Mast Hill converted the promissory convertible note into 127,410 shares of the Company's common stock (See Note 11). On October 4, 2022, Talos converted the promissory convertible note into 512,696 shares of the Company's common stock (see Note 11). Treasury Stock The balance of Company Treasury Stock was unchanged during the period.

COMMITMENTS AND LEASES

COMMITMENTS AND LEASES	12 Months Ended
	Jul. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND LEASES	NOTE 14 - COMMITMENTS AND LEASES Hammer does not currently have any material long-term lease obligations. All leases are currently month-to-month and have no obligations pursuant to ASC 842. There are two month-to-month tenancy agreements for office space which are less than $2,000 per m onth.

CLAIMS

CLAIMS	12 Months Ended
	Jul. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
CLAIMS	NOTE 15 - CLAIMS From time to time, the Company may become subject to various legal proceedings that are incidental to the ordinary conduct of its business. Although the Company cannot accurately predict the amount of any liability that may ultimately arise with respect to any of these matters, it makes provision for potential liabilities when it deems them probable and reasonably estimable. These provisions are based on current information and legal advice and may be adjusted from time to time according to developments. The following parties have filed claims against Hammer Fiber Optics Investments Ltd and are not secured: Calvi Electric v. Hammer Fiber Optics Inv, Ltd. $ 9,210 Horizon Blue Cross v. Hammer Fiber Optics Inv, Ltd. $ 17,309 In the matter of Cross River Fiber vs. Hammer Fiber Optics Investments, Ltd., the related party has paid its obligations, and the matter is now considered closed. The claims by Calvi Electric and Horizon Blue Cross have not advanced.

WARRANTS

WARRANTS	12 Months Ended
	Jul. 31, 2023
Warrants and Rights Note Disclosure [Abstract]
WARRANTS	NOTE 16 - WARRANTS On February 11, 2022, the Company issued a purchase warrant to Mast Hill Fund, L.P. for 150,000 shares of the Company's common stock in conjunction with convertible debt. The warrants are exercisable for 5 years at $1.50 per share. The warrants were evaluated for purposes of classification between liability and equity. Because the warrants were issued in conjunction with a debenture the warrants have been considered debt pursuant to ASC 820 Topic 10. On February 11, 2022, the Company issued a purchase warrant to Mast Hill Fund, L.P. for 150,000 shares of the Company's common stock in conjunction with convertible debt. The warrants are exercisable for 5 years at $3.00 per share. The Company determined the Warrants should be classified as a liability as the warrants are redeemable for cash in the event of a fundamental transaction, as defined in the warrant agreement, which includes a change in control. On February 17, 2022, the Company issued a purchase warrant to Talos Victory Fund, LLC for 75,000 shares of the Company's common stock in conjunction with convertible debt. The warrants are exercisable for 5 years at $1.50 per share. The warrants were evaluated for purposes of classification between liability and equity. Because the warrants were issued in conjunction with a debenture the warrants have been considered debt pursuant to ASC 820 Topic 10. On February 17, 2022, the Company issued a purchase warrant to Talos Victory Fund, LLC for 75,000 shares of the Company's common stock in conjunction with convertible debt. The warrants are exercisable for 5 years at $3.00 per share. The warrants were evaluated for purposes of classification between liability and equity. Because the warrants were issued in conjunction with a debenture the warrants have been considered debt pursuant to ASC 820 Topic 10 The Black Scholes model was used to determine the fair price of the warrants, including the use of the share price, exercise price, term, volatility, risk free interest rate and the dividend rate. The warrants were priced in each quarter and the carrying cost of the warrant adjusted in accordance with the model. Weighted Weighted Average Average Contractual Number of Exercise Term Warrants Price (Years) Balance outstanding at July 31, 2022 - Granted 450,000 $ 2.25 5.00 Exercised - - - Expired/Canceled - - - Balance outstanding at July 31, 2023 450,000 $ 2.25 3.54 Exercisable at July 31, 2023 450,000 $ 2.25 3.54 The fair values of warrants granted during the years ended July 31, 2023 and 2022 were estimated using Black-Scholes option-pricing model with the following assumptions: July 31, 2023 2022 Exercise Price $1.50 - $3.00 $1.50 - $3.00 Risk-free interest rates 3.45% - 4.16% 1.95% - 2.90% Expected life (in years) 3.54 2.54 Expected volatility 227% - 248% 205% - 212% Dividend yield 0% 0%

OTHER INCOME (EXPENSE) AND DISC

OTHER INCOME (EXPENSE) AND DISCONTINUED AND CONTINUING OPERATIONS	12 Months Ended
	Jul. 31, 2023
Other Income Expense And Discontinued And Continuing Operations [Abstract]
OTHER INCOME (EXPENSE) AND DISCONTINUED AND CONTINUING OPERATIONS	NOTE 17 - OTHER INCOME (EXPENSE) AND DISCONTINUED AND CONTINUING OPERATIONS Discontinued Operations During the fiscal year ending July 31, 2023, the Company recognized losses from the discontinued operations of two entities, Hammer Fiber Optics Investments, Ltd. and Hammer Wireless [SL] Ltd. The remaining assets of the operations of Hammer Fiber Optics Investments, Ltd in Atlantic County, NJ have been written down and considered a loss from discontinued operations. The loss from discontinued operations was $967,543. This is a one-time write-down and will not recur. The remaining assets of the operations of Hammer Wireless [SL] Ltd in Sierra Leone have been written down and considered a loss from discontinued operations. The loss from discontinued operations was $46,057. This is a one-time write-down and will not recur. Other Income Management evaluated the deferred revenue of the 1stPoint Communications, LLC business unit and determined that certain revenues had not been reflected in prior periods due to changes in the underlying systems relating to its web hosting business. As a result, management adjusted the deferred revenue from prior periods as Other Income. Adjustments to the periods were considered revenues. The Other Income totaled approximately $262,259 for July 31, 2023. On October 4, 2022, Talos Fund exercised its right to convert the principal and accrued interest from its promissory note in the amount of $297,364 at $0.58 per share of the Company's common stock. The conversion price was above the market price at closing of $0.355 per share. Therefore, the Company recognized a gain of $115,357 on conversion as of the fiscal year end July 31, 2023. On March 23, 2023, Mast Hill exercised its rights to convert interest expense and transactions fees in the amount of $73,898 at $0.58 per share of the Company's common stock. The conversion price was above the market price at closing of $0.489 per share. Therefore, the Company recognized a gain of $11,467 on conversion as of the fiscal year end July 31, 2023. Impairment Expense During the fiscal year ended July 31, 2022, the Company impaired all intangible assets with indefinite lives, totaling $2,959,286 due to an impending shift in product lines. Warrant Financing Expenses During the fiscal years ended July 31, 2023 and 2022, the Company incurred $145,725 and $125,025 in warrant financing expenses, respectively. During the year ended July 31, 2023, the Company incurred $99,888 and $45,837 in warrant financing expenses related to the Mast Hill and Talos convertible notes, respectively. During the year ended July 31, 2022, the Company incurred $87,612 and $37,413 in warrant financing expenses related to the Mast Hill and Talos convertibles notes, respectively. During both periods, the Company made adjustments to the fair value of these warrants in the amounts of $18,000 and $57,000 for the years ended July 31, 2023 and 2022, respectively. Financing Expenses During the fiscal year ended July 31, 2023, the Company recognized financing expenses associated with notes payable to Synergy Finance of $18,804 and $27,599 to Forward Financing. During the fiscal years ended July 31, 2023 and 2022, the Company recognized $209,130 and $635,812 in financing expenses associated with the Mast Hill note and Talos convertible notes. Other Expenses During the fiscal year ended July 31, 2023, the Company recognized a loss of $170,368 on currency exchange in association with the discontinuation of the Hammer Wireless SL business unit. 1stPoint and Endstream recognized a loss of $3,771 and $6 respectively. During the fiscal year ended July 31, 2022, the Company recognized a loss of $12,040 on currency exchange in association with the discontinuation of the Hammer Wireless SL business unit. 1stPoint recognized a loss of $10,000. The remaining $2,040 are attributable to tax-related expenses.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jul. 31, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 18 - SUBSEQUENT EVENTS The Company has completed an evaluation of all subsequent events through February 18, 2025, the date the financial statements were issued. Except as described below, the Company has concluded that no subsequent event has occurred that requires disclosure. Since July 31, 2023, the Company has entered into several promissory notes with a non-executive director. These notes total $771,493. The interest on these notes has been forgiven by the note holder and may be converted into the Company's common stock at the Company's option. Each additional note has a maturity date of three years from the date of inception, with maturity dates ranging from August 8, 2026 through July 9, 2027. On August 23, 2023, the Company issued 475,000 shares to Mast Hill Fund pursuant to the amendment of the terms of its promissory note. The fair value of these shares is reflected as a liability (unissued stock) in the July 31, 2024 financial statements. On April 1, 2024, 1stPoint Communications entered into a financing agreement with a financial institution in the amount of $62,400. On April 4, 2024, the Company entered into the Second Amendment to the Mast Note, effectively increasing the principal balance of the note by $70,000 and extending the maturity date of the note to February 11, 2025. The terms of the amendment also included the issuance of 475,000 shares of the Company's common stock issued during the quarter ended April 30, 2024. The fair value of the common stock issued was determined using the stock price as of the date of the Second Amendment to the Mast Note at $0.199 per share or $94,525 in total. Such common stock shares issued are being accounted for as debt discount and recognized as financing expense for the year ended July 31, 2024. On August 7, 2024, the Company authorized and executed a Purchase Agreement with Viper Networks Inc. with the intention to sell the Company's telecommunication assets to Viper. The assets include 1st Point Communications LLC., and all its subsidiaries, Endstream Communications LLC, American Networks Inc., and 10% ownership in Wikibuli Inc. Viper is acquiring these assets in exchange for 2,500,000 (2.5 million) shares of the Company's common stock. Substantially all of the Company's revenue recognized to date has been generated by End Stream Communications, LLC and 1st Point Communications LLC and its subsidiaries. The transaction closed on November 1, 2024. On August 29, 2024, the Company entered into and closed a loan agreement with one of our members of the Board of Directors, pursuant to which the Board Member loaned the Company an aggregate principal amount of $791,546. The Loan has an interest rate of 6%. The Loan has a six-month maturity date and the principal and accrued interest are due in full on March 1, 2025. The Company used the proceeds of the Loan to pay off in full satisfaction the promissory note the Company previously issued to Mast Hill Fund L.P. On September 1, 2024, the Company obtained shareholder approval for the Purchase Agreement with Viper Networks Inc. and to change the name of the reporting entity, Hammer Fiber Optics Holdings Corp., to Hammer Technologies Holdings Corp.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jul. 31, 2023
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The accompanying consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP").
Use of estimates	Use of estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value.
Property and equipment	Property and equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation is recorded on a straight-line basis ten
Impairment of long-lived assets	Impairment of long-lived assets The Company evaluates long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the assets to future undiscounted cash flows to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the assets exceeds the fair value of the assets. The Company has not recognized any related impairment losses.
Intangible Assets	Intangible Assets Our intangible assets with finite lives, including customer lists and internal-use software, are amortized over their estimated useful lives. We assess all amortizable intangible assets and other long-lived assets for impairment whenever circumstances or changes suggest the asset's carrying amount may not be recoverable. If impairment indicators are present, we evaluate recoverability by comparing the carrying amount of the asset group to its anticipated net undiscounted cash flows. Should these cash flows be less than the carrying amount, we proceed to determine the asset's fair value and record any necessary impairment. Each year, we also re-evaluate the useful life of these intangible assets to decide if adjustments to their remaining useful lives are warranted based on current events and conditions. The Company recognized intangible asset impairment charges of $0 and $2,959,286 during the years ended July 31, 2023 and 2022, respectively. As of July 31, 2023, the Company had a total of $3,418,793 of net intangible assets with finite useful lives, which consisted of customer contracts of $2,991,858 and internal-use software in the aggregate of $426,935. As of July 31, 2022, the Company had a total of $4,134,245 of net intangible assets with finite useful lives, which consisted of customer contracts of $3,543,666 and internal-use software in the aggregate of $590,576.
Revenue recognition	Revenue recognition The Company accounts for revenues under Accounting Standards Update (ASU) 2014-09, "Revenue from Contracts with Customers" (Topic 606), which we adopted on August 1, 2018, using the modified retrospective approach. This standard update, along with related subsequently issued updates, clarifies the principles for recognizing revenue and develops a common revenue standard for GAAP. The Company performs the following five steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The Company applies the five-step model to arrangements that meet the definition of a contract under Topic 606, including when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company evaluates the goods or services promised within each contract related performance obligation and assesses whether each promised good or service is distinct. The Company recognizes as revenue, the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. Amounts invoiced or collected in advance of product delivery or providing services are recorded as unearned revenue or customer deposits. The company accrues for sales returns, bad debts, and other allowances based on its historical experience. The Company's revenues are derived from its subsidiaries, 1stPoint Communications, LLC, Endstream Communications, LLC and Shelcomm, Inc. 1stPoint's and Shelcomm's revenues are derived from retail web and voice hosting services as well as carrier hosting services. These are contracted agreements which are billed monthly, and revenues are recognized in the period in which the services are rendered. In some cases customers sign longer-term agreements (up to two years) and prepay for those services. Revenues are recognized in the period the services are delivered. Endstream's revenue is derived from post-paid and pre-paid wholesale voice services and billed on a usage basis. Revenues are recognized in the period in which the services are delivered.
Accounts Receivable	Accounts Receivable On August 1, 2023, the Company adopted ASC 326, " Financial Instruments - Credit Losses Management periodically assesses the Company's accounts receivable and, if necessary, establishes an allowance for estimated uncollectible amounts. Any required allowance is based on specific analysis of past due accounts and also considers historical trends of write-offs. As of July 31, 2023 and 2022, the Company's allowance for estimated uncollectible amounts was $120,713 and $98,900.
Income taxes	Income taxes The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, "Accounting for Income Taxes." The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. As of July 31, 2023, the Company did not have any amounts recorded pertaining to uncertain tax positions.
Fair value measurements	Fair value measurements The Company adopted the provisions of ASC Topic 820, "Fair Value Measurements and Disclosures," which defines fair value as used in numerous accounting pronouncements, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The estimated fair value of certain financial instruments, including cash and cash equivalents are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 - quoted prices in active markets for identical assets or liabilities Level 2 - quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 - inputs that are unobservable (for example cash flow modeling inputs based on assumptions) The Company has no assets or liabilities valued at fair value on a recurring basis. Fair Value Measurements Fair Value Measurements at July 31, 2023 using: July 31, 2023 Quoted Prices in Significant Significant (Level 3) Liabilities $ - - - - Warrant Liabilities $ 195,750 - - 195,750 Fair Value Measurements at July 31, 2022 using: July 31, 2022 Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Liabilities $ - - - - Warrant Liabilities $ 213,750 - - 213,750 The warrant liabilities are measured at fair value using quoted market prices and estimated volatility factors based on historical prices for the Company's common stock and are classified within Level 3 of the valuation hierarchy. The following table provides a summary of changes in fair value of the Company's Level 3 financial liabilities as of July 31, 2023, and 2022: July 31, 2023 July 31, 2022 Beginning Balance $ 213,750 $ - Additions - 270,750 Change in fair value of derivative liabilities (18,000 ) (57,000 ) Ending Balance, July 31 $ 195,750 $ 213,750
Consolidation of financial statements	Consolidation of financial statements Hammer Technology Holdings Corp. is the parent company and sole shareholder of Hammer Wireless Corporation and its subsidiaries, 1stPoint Communications, LLC and its subsidiaries (which includes Shelcomm, Inc), Endstream Communications, LLC, American Network, Inc. and HammerPay [USA], Ltd. The financial statements for Hammer Technology Holdings Corp. and its wholly-owned subsidiaries are reported on a consolidated basis. All significant intercompany accounts and transactions have been eliminated. Its subsidiaries, Hammer Fiber Optics Investments, Ltd., Hammer Wireless - SL, Ltd., and its former subsidiary Open Data Centers, LLC, are discontinued and are considered discontinued operations. Open Data Centers was dissolved on December 30, 2020.
Segment Information	Segment Information Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision maker ("CODM"), or decision-making group, in making decisions on how to allocate resources and assess performance. The Company has one operating segment.
Foreign currency translation and other comprehensive loss	Foreign currency translation and other comprehensive loss We transact business in various foreign currencies including the Euro and the Leone. In general, The functional currency of Hammer Wireless - SL, Ltd., the Company's Sierra Leone subsidiary, is the Sierra Leonean Leone. Consequently, revenues and expenses of operations outside the United States are translated into USD Dollars using the weighted-average exchange rates on the period end date and assets and liabilities of operations outside the United States are translated into US Dollars using the change rate on the balance sheet dates. The effects of foreign currency translation adjustments amounted to approximately $54,000 and are reported in the Company's Consolidated Statement of Comprehensive Income (Loss) and Consolidated Statements of Stockholders' Equity (Deficit). On July 31, 2023, the Board of Directors approved the discontinuation of the Hammer Wireless - SL, Ltd, subsidiary.
Prior period reclassifications	Prior period reclassifications We have reclassified certain amounts in prior periods to conform with current year's presentation. Notes payable, convertible notes payable, and convertible notes payable - related parties which were reported within loans payable on July 31, 2023 have been reclassified into their own lines within the consolidated balance sheet.
Basic and diluted loss per share	Basic and diluted loss per share The basic earnings (loss) per share are calculated by dividing the Company's net income available to common shareholders by the weighted average number of common shares during the year. The diluted earnings (loss) per share is calculated by dividing the Company's net income (loss) available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. The following table sets forth the number of potential shares of common stock that have been excluded from basic net loss per share because their effect was anti-dilutive for the years ended: July 31, 2023 July 31, 2022 Warrants 450,000 450,000 Convertible Promissory Notes 1,070,858 1,532,310 Convertible Promissory Notes - Related Parties 2,052,123 1,297,278 Total 3,572,981 3,279,588
Recent accounting pronouncements	Recent accounting pronouncements In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which significantly changes how entities will measure credit losses for most financial assets, including accounts receivable. ASU No. 2016-13 will replace today's "incurred loss" approach with an "expected loss" model, under which companies will recognize allowances based on expected rather than incurred losses. On November 15, 2019, the FASB delayed the effective date of Topic 326 for certain small public companies and other private companies until fiscal years beginning after December 15, 2022, for SEC filers that are eligible to be smaller reporting companies under the SEC's definition, as well as private companies and not-for-profit entities. In March 2022, the FASB issued ASU No. 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. The guidance was issued as improvements to ASU No. 2016-13 described above. The vintage disclosure changes require an entity to disclose current-period gross write-offs by year of origination for financing receivables. The guidance is effective for financial statements issued for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. On August 1, 2023, the Company adopted ASC 326, " Financial Instruments - Credit Losses In August 2020, the FASB issued ASU 2020-06, " Debt with Conversion and other Derivatives and Hedging-Contracts in Entity s Own Equity (Subtopic 815-40) ASU 2020-06 . GAAP Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures Income Taxes (Topic 740): Improvements to Income Tax Disclosures In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures Management has evaluated other recently issued accounting pronouncements and does not believe that any of these pronouncements will have a significant impact on our consolidated financial statements and related disclosures.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Jul. 31, 2023
Accounting Policies [Abstract]
Schedule of fair value measurements	Fair Value Measurements at July 31, 2023 using: July 31, 2023 Quoted Prices in Significant Significant (Level 3) Liabilities $ - - - - Warrant Liabilities $ 195,750 - - 195,750 Fair Value Measurements at July 31, 2022 using: July 31, 2022 Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Liabilities $ - - - - Warrant Liabilities $ 213,750 - - 213,750
Schedule of changes in fair value of financial liabilities	July 31, 2023 July 31, 2022 Beginning Balance $ 213,750 $ - Additions - 270,750 Change in fair value of derivative liabilities (18,000 ) (57,000 ) Ending Balance, July 31 $ 195,750 $ 213,750
Schedule of potential shares of common stock that have been excluded from basic net loss per share	July 31, 2023 July 31, 2022 Warrants 450,000 450,000 Convertible Promissory Notes 1,070,858 1,532,310 Convertible Promissory Notes - Related Parties 2,052,123 1,297,278 Total 3,572,981 3,279,588

RESTATEMENT OF PREVIOUSLY ISS_2

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Jul. 31, 2023
Accounting Changes and Error Corrections [Abstract]
Schedule of error corrections and prior period adjustments	July 31, July 31, 2023 Adjustments 2023 (as restated) ASSETS Current Assets Cash and cash equivalents $ 66,688 $ - $ 66,688 Accounts receivable, net 238,820 (98,900 ) (1 ) 139,920 Security deposits 7,316 - 7,316 Prepaid expenses 18,675 - 18,675 Total current assets 331,499 (98,900 ) 232,599 Property and equipment, net 89,712 - 89,712 Intangible assets, net 7,406,827 (3,988,034 ) (2,3 ) 3,418,793 Total assets $ 7,828,038 $ (4,086,934 ) $ 3,741,104 Current Liabilities Accounts payable and accrued expenses $ 1,205,995 $ - $ 1,205,995 Notes payable 92,694 - 92,694 Convertible notes payable 612,000 - 612,000 Convertible notes payable - related parties 738,600 - 738,600 Warrant liabilities 195,750 - 195,750 Unissued Stock 105,925 - 105,925 Deferred revenue 172,900 - 172,900 Current liabilities from discontinued operations 545,994 - 545,994 Total current liabilities 3,669,858 - 3,669,858 Total liabilities $ 3,669,858 $ - $ 3,669,858 Commitments and contingencies Stockholders' Equity Common stock, $0.001 par value, 250,000,000 shares authorized 62,205,947 and 61,565,841 shares issued; 60,452,612 and 59,812,506 shares outstanding at July 31, 2023 and 2022, respectively $ 62,206 $ - $ 62,206 Additional paid-in capital 27,808,440 - 27,808,440 Accumulated deficit (23,712,466 ) (4,086,934 ) (1,2,3 ) (27,799,400 ) Total Stockholder's Equity 4,158,180 (4,086,934 ) 71,246 Total Liabilities and Stockholders' Equity $ 7,828,038 $ (4,086,934 ) $ 3,741,104 For the Year Ended July 31, 2023 Adjustments July 31, 2023 (As Filed) (As Amended) Revenues $ 3,256,611 $ - $ 3,256,611 Costs and expenses: Cost of sales 2,426,456 - 2,426,456 Selling, general and administrative expenses 1,359,339 - 1,359,339 Depreciation expense 60,283 657,577 (3 ) 717,860 Total operating expenses 3,846,078 657,577 4,503,655 Operating loss (589,467 ) (657,577 ) (1,247,044 ) Other income (expense) Other income 262,259 - 262,259 Interest expense (20,618 ) - (20,618 ) Warrant adjustment to fair value (145,725 ) - (145,725 ) Financing expenses (255,532 ) - (255,532 ) Change in fair value of warrant liabilities 18,000 - 18,000 Other expenses (175,559 ) - (175,559 ) Total other expenses (317,175 ) - (317,175 ) Income (loss) Before Discontinued Operations (906,642 ) (657,577 ) (3 ) (1,564,219 ) Income (loss) From Discontinued Operations (1,013,600 ) - (1,013,600 ) Net loss $ (1,920,242 ) $ (657,577 ) $ (2,577,819 ) Weighted average number of common shares outstanding - basic and diluted 62,205,947 - 62,205,947 Loss per share- basic and diluted Continuing operations (0.01 ) - (0.03 ) Discontinued operations (0.02 ) - (0.01 ) Total $ (0.03 ) $ - $ (0.04 ) July 31, July 31, 2023 Adjustments 2023 (As Filed) (As Restated) CASH FLOWS FROM OPERATING ACTIVITIES Net Loss $ (1,920,242 ) $ (657,577 ) (3 ) $ (2,577,819 ) Loss from discontinued operations 1,013,600 - 1,013,600 Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation expense 60,283 657,577 (3 ) 717,860 Warrant adjustment to fair value (18,000 ) - (18,000 ) Noncash interest expense 227,872 - 227,872 Write-down of intangible assets 57,875 - 57,875 Changes in operating assets and liabilities: - Accounts receivable (21,986 ) - (21,986 ) Security deposits 3,766 - 3,766 Prepaid expenses (3,929 ) - (3,929 ) Accounts payable (117,821 ) - (117,821 ) Deferred revenue (148,174 ) - (148,174 ) Net cash used in operating activities - continuing operations (866,756 ) - (866,756 ) Net cash provided by (used in) operating activities - discontinued operations 230,050 - 230,050 Net cash used in operating activities (636,706 ) - (636,706 ) CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property and equipment (12,650 ) - (12,650 ) Net cash used in operating activities - continuing operations (12,650 ) - (12,650 ) Net cash used in operating activities - discontinued operations - - - Net cash used in investing activities (12,650 ) - (12,650 ) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of notes payable (168,284 ) - (168,284 ) Proceeds from notes payable 401,418 - 401,418 Net cash provided by financing activities - continuing operations 233,134 - 233,134 Net cash provided by financing activities - discontinued operations - - - Net cash used in financing activities 233,134 - 233,134 Effect of foreign currency on cash - - - Net increase (decrease) in cash (416,222 ) - (416,222 ) Cash, beginning of period 482,910 - 482,910 Cash, end of period $ 66,688 - $ 66,688 SUPPLEMENTAL DISCLOSURES OF CASH FLOW ACTIVITIES: Cash paid for interest $ 20,618 $ - $ 20,618 Cash paid for taxes $ 1,415 $ - $ 1,415 Shares issued for debt conversion $ 244,311 $ - $ 244,311 July 31, July 31, 2022 Adjustments 2022 (as restated) ASSETS Current Assets Cash and cash equivalents $ 482,910 $ - $ 482,910 Accounts receivable, net 216,834 (98,900 ) (1 ) 117,934 Security deposits 11,082 - 11,082 Prepaid expenses 14,746 - 14,746 Total current assets 725,572 (98,900 ) 626,672 Property and equipment, net 137,345 - 137,345 Intangible assets, net 7,464,702 (3,330,457 ) (2,3 ) 4,134,245 Assets from discontinued operations 1,243,960 - 1,243,960 Total assets $ 9,571,579 $ (3,429,357 ) $ 6,142,222 Current Liabilities Accounts payable and accrued expenses $ 1,342,287 $ - $ 1,342,287 Notes payable 198,965 - 198,965 Convertible notes payable, net 597,128 - 597,128 Convertible notes payable - related parties 518,600 - 518,600 Warrant liabilities 213,750 - 213,750 Deferred revenue 321,074 - 321,074 Current liabilities from discontinued operations 546,304 - 546,304 Total current liabilities 3,738,108 - 3,738,108 Total liabilities $ 3,738,108 $ - $ 3,738,108 Commitments and contingencies Stockholders' Equity Common stock, $0.001 par value, 250,000,000 shares authorized 62,205,947 and 61,565,841 shares issued; 60,452,612 and 59,812,506 shares outstanding at July 31, 2023 and 2022, respectively $ 61,566 $ - $ 61,566 Additional paid-in capital 27,564,129 - 27,564,129 Accumulated deficit (21,792,224 ) (3,429,357 ) (1,2,3 ) (25,221,581 ) Total Stockholder's Equity 5,833,471 (3,429,357 ) 2,404,114 Total Liabilities and Stockholders' Equity $ 9,571,579 $ (3,429,357 ) $ 6,142,222 For the Year Ended July 31, 2022 Adjustments July 31, 2022 (As Filed) (As Amended) Revenues $ 2,602,115 $ - $ 2,602,115 Costs and expenses: Cost of sales 2,022,190 - 2,022,190 Selling, general and administrative expenses 1,062,163 98,900 (1 ) 1,161,063 Depreciation expense 65,487 371,171 (3 ) 436,658 Total operating expenses 3,149,840 470,071 3,619,911 Operating loss (547,725 ) (470,071 ) (1,017,796 ) Other income (expense) Interest expense (89,926 ) - (89,926 ) Impairment expense - (2,959,286 ) (2 ) (2,959,286 ) Warrant adjustment to fair value (125,025 ) - (125,025 ) Financing expenses (635,812 ) - (635,812 ) Change in fair value of warrant liabilities 57,000 - 57,000 Other expenses (12,040 ) - (12,040 ) Total other expenses (805,803 ) (2,959,286 ) (3,765,089 ) Net loss $ (1,353,528 ) $ (3,429,357 ) (1,2,3 ) $ (4,782,885 ) Weighted average number of common shares outstanding - basic and diluted 61,565,841 - 61,565,841 Loss per share- basic and diluted (0.08 ) - (0.08 ) July 31, July 31, 2022 Adjustments 2022 (As Filed) (As Restated) CASH FLOWS FROM OPERATING ACTIVITIES Net Loss $ (1,353,528 ) $ (3,429,357 ) (1,2,3 ) $ (4,782,885 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation expense 65,487 371,171 (3 ) 436,658 Warrant adjustment to fair value (57,000 ) - (57,000 ) Noncash interest expense 454,908 - 454,908 Write-down of intangible assets - 2,959,286 (2 ) 2,959,286 Changes in operating assets and liabilities: - Accounts receivable 68,172 98,900 (1 ) 167,072 Prepaid expenses 62 - 62 Accounts payable 434,151 - 434,151 Deferred revenue 21,874 - 21,874 Net cash used in operating activities - continuing operations (365,874 ) - (365,874 ) Net cash provided by (used in) operating activities - discontinued operations (86,081 ) - (86,081 ) Net cash used in operating activities (451,955 ) - (451,955 ) CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property and equipment (46,893 ) - (46,893 ) Net cash used in operating activities - continuing operations (46,893 ) - (46,893 ) Net cash used in operating activities - discontinued operations - - - Net cash used in investing activities (46,893 ) - (46,893 ) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of notes payable (61,300 ) - (61,300 ) Proceeds from notes payable 965,452 - 965,452 Net cash provided by financing activities - continuing operations 904,152 - 904,152 Net cash provided by financing activities - discontinued operations - - - Net cash used in financing activities 904,152 - 904,152 Effect of foreign currency on cash - - - Net increase (decrease) in cash 405,304 - 405,304 Cash, beginning of period 77,606 - 77,606 Cash, end of period $ 482,910 - $ 482,910 SUPPLEMENTAL DISCLOSURES OF CASH FLOW ACTIVITIES: Cash paid for interest $ 11,587 $ - $ 11,587 Cash paid for taxes $ 2,040 $ - $ 2,040

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Jul. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Schedule of assets and liabilities & operations of discontinue operations	July 31, 2023 July 31, 2022 Assets Current Assets Cash $ - $ - Accounts receivable - - Other current assets - - Total current assets - - Other Assets Property and equipment- net - 1,243,960 Intangible assets - - Total other assets - 1,243,960 Total Assets $ - $ 1,243,960 Liabilities and Net Assets Current Liabilities Accounts payable $ 545,994 $ 546,304 Notes payable- related parties - - Current portion of long-term notes payable - related parties - - Accrued interest - - Rent concessions - - Total current liabilities 545,994 546,304 Net assets (liabilities) $ (545,994 ) $ 697,656

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Jul. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment	July 31, 2023 July 31, Life Computer, Telecom equipment & Software $ 1,274,303 585,619 5 years Less: Accumulated depreciation (1,184,591 ) (448,274 ) Total $ 89,712 137,345

INDEFINITE LIVED INTANGIBLE A_2

INDEFINITE LIVED INTANGIBLE ASSETS (Tables)	12 Months Ended
	Jul. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of indefinite lived other intangible assets	2023 2022 At July 31, Useful Gross Accumulated Net Amount Gross Accumulated Net Amount Customer contracts 7 $ 3,862,657 $ 870,799 $ 2,991,858 $ 3,862,657 $ 318,990 $ 3,543,667 Software 5 584,884 157,949 426,935 642,759 52,181 590,578 Total $ 4,447,541 $ 1,028,748 $ 3,418,793 $ 4,505,416 $ 371,171 $ 4,134,245
Schedule of indfinite lived other intangible assets amortization expense	Years 2023 $ 657,577 2022 371,171
Schedule of indfinite lived other intangible assets estimated amortization expense	Years 2024 $ 673,193 2025 675,569 2026 675,569 2027 623,388 2028 569,800 2029 239,602

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	12 Months Ended
	Jul. 31, 2023
Notes Payable Disclosure [Abstract]
Schedule of notes payable	July 31, 2023 July 31, 2022 Notes payable $ 92,694 $ 198,965 Less: current portion, net (92,694 ) (198,965 ) Long-term notes payable, net $ - $ -

RELATED PARTY CONVERTIBLE DEBT

RELATED PARTY CONVERTIBLE DEBT (Tables)	12 Months Ended
	Jul. 31, 2023
Related Party Transactions [Abstract]
Schedule of related party convertible debt	July 31, 2023 July 31, 2022 Convertible notes payable - related parties $ 738,600 $ 518,600 Less: current portion, net (738,600 ) (518,600 ) Long-term convertible notes payable - related parties, net $ - $ -

CONVERTIBLE DEBT (Tables)

CONVERTIBLE DEBT (Tables)	12 Months Ended
	Jul. 31, 2023
Debt Disclosure [Abstract]
Schedule of convertible debt	July 31, 2023 July 31, 2022 Convertible debt $ 557,000 $ 742,500 Original issue discount 55,000 82,500 Debt discount - (227,872 ) Less: current portion, net (612,000 ) (597,128 ) Long-term convertible debt, net $ - $ -

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jul. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of effective income tax reconciliation	July 31, 2023 2022 Income tax benefit provision at statutory rate $ (1,920,242 ) $ 187,671 Change in valuation allowance 1,920,242 (187,671 ) $ - $ -
Schedule of net deferred tax assets	July 31, 2023 2022 Net operating gain/loss $ (1,920,242 ) $ (893,672 ) Valuation allowance 1,920,242 893,672 $ - $ -

CLAIMS (Tables)

CLAIMS (Tables)	12 Months Ended
	Jul. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Schedule of claims	Calvi Electric v. Hammer Fiber Optics Inv, Ltd. $ 9,210 Horizon Blue Cross v. Hammer Fiber Optics Inv, Ltd. $ 17,309

WARRANTS (Tables)

WARRANTS (Tables)	12 Months Ended
	Jul. 31, 2023
Warrants [Abstract]
Schedule of warrants outstanding	Weighted Weighted Average Average Contractual Number of Exercise Term Warrants Price (Years) Balance outstanding at July 31, 2022 - Granted 450,000 $ 2.25 5.00 Exercised - - - Expired/Canceled - - - Balance outstanding at July 31, 2023 450,000 $ 2.25 3.54 Exercisable at July 31, 2023 450,000 $ 2.25 3.54
Schedule of fair values of warrants granted	July 31, 2023 2022 Exercise Price $1.50 - $3.00 $1.50 - $3.00 Risk-free interest rates 3.45% - 4.16% 1.95% - 2.90% Expected life (in years) 3.54 2.54 Expected volatility 227% - 248% 205% - 212% Dividend yield 0% 0%

CORPORATE HISTORY AND BACKGRO_2

CORPORATE HISTORY AND BACKGROUND ON MERGER (Narrative) (Details) - Share Exchange Agreement [Member] - shares			1 Months Ended
	Apr. 13, 2016	Feb. 02, 2015	Apr. 25, 2016	Oct. 25, 2021
Tanaris Power Holdings, Inc [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Ownership percentage		100%
Percentage of issued and outstanding common stock		51%
Tanaris Power Holdings, Inc [Member] | Hammer Fiber Optics Investments, Ltd [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of shares acquired			20,000,000
Number of restricted shares issued			50,000,000
Reverse split	1 for 1,000
Telecom Financial Services Limited [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Ownership percentage				100%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Property, Plant and Equipment [Line Items]
Property plant and equipment depreciation method	Depreciation Method, Straight-Line [Member]
Intangible asset impairment charges	$ 0	$ 2,959,286
Net intangible assets	3,418,793	4,134,245
Allowance for doubtful accounts	120,713	98,900
Foreign currency translation adjustments	54,000
Customer contracts [Member]
Property, Plant and Equipment [Line Items]
Net intangible assets	2,991,858	3,543,666
Software [Member]
Property, Plant and Equipment [Line Items]
Net intangible assets	$ 426,935	$ 590,576
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Useful life	5 years
Other Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Useful life	10 years

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of fair value measurements (Details) - Recurring [Member] - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	$ 0	$ 0
Warrant Liabilities	195,750	213,750
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	0	0
Warrant Liabilities	0	0
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	0	0
Warrant Liabilities	0	0
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	0	0
Warrant Liabilities	$ 195,750	$ 213,750

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of changes in fair value (Details) - Level 3 [Member] - Recurring [Member] - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 213,750	$ 0
Additions	0	270,750
Change in fair value of derivative liabilities	(18,000)	(57,000)
Ending Balance, July 31	$ 195,750	$ 213,750

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of potential shares of common stock that have been excluded from basic net loss per share (Details) - shares	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	3,572,981	3,279,588
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	450,000	450,000
Convertible Promissory Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	1,070,858	1,532,310
Convertible Promissory Notes - Related Parties [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	2,052,123	1,297,278

RESTATEMENT OF PREVIOUSLY ISS_3

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Narrative) (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable	$ 139,920	$ 117,934
Revision of Prior Period, Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable	$ (98,900)	$ (98,900)

RESTATEMENT OF PREVIOUSLY ISS_4

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Schedule of previously reported consolidated balance sheets (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Current Assets
Cash and cash equivalents	$ 66,688	$ 482,910
Accounts receivable, net	139,920	117,934
Security deposits	7,316	11,082
Prepaid expenses	18,675	14,746
Total current assets	232,599	626,672
Property and equipment, net	89,712	137,345
Intangible assets, net	3,418,793	4,134,245
Assets from discontinued operations	0	1,243,960
Total assets	3,741,104	6,142,222
Current Liabilities
Accounts payable and accrued expenses	1,205,995	1,342,287
Notes payable	92,694	198,965
Convertible notes payable, net	612,000	597,128
Convertible notes payable - related parties	738,600	518,600
Warrant Liabilities	195,750	213,750
Unissued Stock	105,925	0
Deferred Revenue	172,900	321,074
Current liabilities from discontinued operations	545,994	546,304
Total current liabilities	3,669,858	3,738,108
Total Liabilities	3,669,858	3,738,108
Stockholders' Equity (Deficit)
Common stock, $0.001 par value, 250,000,000 shares authorized 62,205,947 and 61,565,851 shares issued; 60,452,612 and 59,812,506 shares outstanding at July 31, 2023 and 2022, respectively	62,206	61,566
Additional paid-in capital	27,808,440	27,564,129
Accumulated deficit	(27,799,400)	(25,221,581)
Total Stockholder's Equity	71,246	2,404,114
Total Liabilities and Stockholders' Equity	3,741,104	6,142,222
Previously Reported [Member]
Current Assets
Cash and cash equivalents	66,688	482,910
Accounts receivable, net	238,820	216,834
Security deposits	7,316	11,082
Prepaid expenses	18,675	14,746
Total current assets	331,499	725,572
Property and equipment, net	89,712	137,345
Intangible assets, net	7,406,827	7,464,702
Assets from discontinued operations		1,243,960
Total assets	7,828,038	9,571,579
Current Liabilities
Accounts payable and accrued expenses	1,205,995	1,342,287
Notes payable	92,694	198,965
Convertible notes payable, net	612,000	597,128
Convertible notes payable - related parties	738,600	518,600
Warrant Liabilities	195,750	213,750
Unissued Stock	105,925
Deferred Revenue	172,900	321,074
Current liabilities from discontinued operations	545,994	546,304
Total current liabilities	3,669,858	3,738,108
Total Liabilities	3,669,858	3,738,108
Stockholders' Equity (Deficit)
Common stock, $0.001 par value, 250,000,000 shares authorized 62,205,947 and 61,565,851 shares issued; 60,452,612 and 59,812,506 shares outstanding at July 31, 2023 and 2022, respectively	62,206	61,566
Additional paid-in capital	27,808,440	27,564,129
Accumulated deficit	(23,712,466)	(21,792,224)
Total Stockholder's Equity	4,158,180	5,833,471
Total Liabilities and Stockholders' Equity	7,828,038	9,571,579
Revision of Prior Period, Adjustment [Member]
Current Assets
Cash and cash equivalents	0	0
Accounts receivable, net	(98,900)	(98,900)
Security deposits	0	0
Prepaid expenses	0	0
Total current assets	(98,900)	(98,900)
Property and equipment, net	0	0
Intangible assets, net	(3,988,034)	(3,330,457)
Assets from discontinued operations		0
Total assets	(4,086,934)	(3,429,357)
Current Liabilities
Accounts payable and accrued expenses	0	0
Notes payable	0	0
Convertible notes payable, net	0	0
Convertible notes payable - related parties	0	0
Warrant Liabilities	0	0
Unissued Stock	0
Deferred Revenue	0	0
Current liabilities from discontinued operations	0	0
Total current liabilities	0	0
Total Liabilities	0	0
Stockholders' Equity (Deficit)
Common stock, $0.001 par value, 250,000,000 shares authorized 62,205,947 and 61,565,851 shares issued; 60,452,612 and 59,812,506 shares outstanding at July 31, 2023 and 2022, respectively	0	0
Additional paid-in capital	0	0
Accumulated deficit	(4,086,934)	(3,429,357)
Total Stockholder's Equity	(4,086,934)	(3,429,357)
Total Liabilities and Stockholders' Equity	$ (4,086,934)	$ (3,429,357)

RESTATEMENT OF PREVIOUSLY ISS_5

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Schedule of previously reported consolidated balance sheets (Parentheticals) (Details) - $ / shares	Jul. 31, 2023	Jul. 31, 2022
Statement of Financial Position [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	250,000,000	250,000,000
Common Stock, Shares, Issued	62,205,947	61,565,841
Common Stock, Shares, Outstanding	60,452,612	59,812,506

RESTATEMENT OF PREVIOUSLY ISS_6

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Schedule of previously reported consolidated statements of operations (Details) - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Statement of Comprehensive Income [Abstract]
Revenues	$ 3,256,611	$ 2,602,115
Costs and expenses:
Cost of sales	2,426,456	2,022,190
Selling, general and administrative expenses	1,359,339	1,161,063
Depreciation expense	717,860	436,658
Total operating expenses	4,503,655	3,619,911
Operating loss	(1,247,044)	(1,017,796)
Other income (expense)
Other Income	262,259	0
Interest expense	(20,618)	(89,926)
Impairment expense	0	(2,959,286)
Warrant adjustment to fair value	(145,725)	(125,025)
Financing expenses	(255,532)	(635,812)
Change in fair value of warrant liabilities	18,000	57,000
Other expenses	(175,559)	(12,040)
Total other expense	(317,175)	(3,765,089)
Income (loss) Before Discontinued Operations	(1,564,219)	(4,782,885)
Income (loss) From Discontinued Operations	(1,013,600)	0
Net income (loss)	$ (2,577,819)	$ (4,782,885)
Weighted average number of common shares outstanding
Basic	62,205,947	61,565,841
Diluted	62,205,947	61,565,841
Loss per share- Continuing operations
Continuing operations - Basic	$ (0.03)	$ (0.08)
Continuing operations - Diluted	(0.03)	(0.08)
Loss per share - Discontinued operations
Discontinued operations - Basic	(0.01)	0
Discontinued operations - Diluted	(0.01)	0
Total
Basic	(0.04)	(0.08)
Diluted	$ (0.04)	$ (0.08)
Previously Reported [Member]
Statement of Comprehensive Income [Abstract]
Revenues	$ 3,256,611	$ 2,602,115
Costs and expenses:
Cost of sales	2,426,456	2,022,190
Selling, general and administrative expenses	1,359,339	1,062,163
Depreciation expense	60,283	65,487
Total operating expenses	3,846,078	3,149,840
Operating loss	(589,467)	(547,725)
Other income (expense)
Other Income	262,259
Interest expense	(20,618)	(89,926)
Impairment expense		0
Warrant adjustment to fair value	(145,725)	(125,025)
Financing expenses	(255,532)	(635,812)
Change in fair value of warrant liabilities	18,000	57,000
Other expenses	(175,559)	(12,040)
Total other expense	(317,175)	(805,803)
Income (loss) Before Discontinued Operations	(906,642)
Income (loss) From Discontinued Operations	(1,013,600)
Net income (loss)	$ (1,920,242)	$ (1,353,528)
Weighted average number of common shares outstanding
Basic	62,205,947	61,565,841
Diluted	62,205,947	61,565,841
Loss per share- Continuing operations
Continuing operations - Basic	$ (0.01)
Continuing operations - Diluted	(0.01)
Loss per share - Discontinued operations
Discontinued operations - Basic	(0.02)
Discontinued operations - Diluted	(0.02)
Total
Basic	(0.03)	$ (0.08)
Diluted	$ (0.03)	$ (0.08)
Revision of Prior Period, Adjustment [Member]
Statement of Comprehensive Income [Abstract]
Revenues	$ 0	$ 0
Costs and expenses:
Cost of sales	0	0
Selling, general and administrative expenses	0	98,900
Depreciation expense	657,577	371,171
Total operating expenses	657,577	470,071
Operating loss	(657,577)	(470,071)
Other income (expense)
Other Income	0
Interest expense		0
Impairment expense		(2,959,286)
Warrant adjustment to fair value	0	0
Financing expenses	0	0
Change in fair value of warrant liabilities	0	0
Other expenses	0	0
Total other expense	0	(2,959,286)
Income (loss) Before Discontinued Operations	(657,577)
Income (loss) From Discontinued Operations	0
Net income (loss)	$ (657,577)	$ (3,429,357)
Weighted average number of common shares outstanding
Basic	0	0
Diluted	0	0
Loss per share- Continuing operations
Continuing operations - Basic	$ 0
Continuing operations - Diluted	0
Loss per share - Discontinued operations
Discontinued operations - Basic	0
Discontinued operations - Diluted	0
Total
Basic	0	$ 0
Diluted	$ 0	$ 0

RESTATEMENT OF PREVIOUSLY ISS_7

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Schedule of previously reported consolidated statements of cash flows (Details) - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (2,577,819)	$ (4,782,885)
Loss from discontinued operations	1,013,600	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation expense	717,860	436,658
Warrant adjustment to fair value	(18,000)	(57,000)
Noncash interest expense	227,872	454,908
Write-down of intangible assets	57,875	2,959,286
Changes in operating assets and liabilities:
Accounts receivable	(21,986)	167,072
Security deposits	3,766	0
Prepaid expenses	(3,929)	62
Accounts payable	(117,821)	434,151
Deferred revenue	(148,174)	21,874
Net cash used in operating activities - continuing operations	(866,756)	(365,874)
Net cash provided by (used in) operating activities- discontinued operations	230,050	(86,081)
Net cash used in operating activities	(636,706)	(451,955)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(12,650)	(46,893)
Net cash used in operating activities - continuing operations	(12,650)	(46,893)
Net cash provided by (used in) investing activities- discontinued operations	0	0
Net cash used in investing activities	(12,650)	(46,893)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of notes payable	(168,284)	(61,300)
Proceeds from notes payable	401,418	965,452
Net cash provided by financing activities - continuing operations	233,134	904,152
Net cash provided by financing activities - discontinued operations	0	0
Net cash used in financing activities	233,134	904,152
Effect of foreign currency on cash	0	0
Net increase (decrease) in cash	(416,222)	405,304
Cash, beginning of period	482,910	77,606
Cash, end of period	66,688	482,910
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS ACTIVITIES:
Cash paid for interest	20,618	11,587
Cash paid for taxes	$ 1,415	2,040
Shares issued for debt conversion	244,311
Previously Reported [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (1,920,242)	(1,353,528)
Loss from discontinued operations	1,013,600
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation expense	60,283	65,487
Warrant adjustment to fair value	(18,000)	(57,000)
Noncash interest expense	227,872	454,908
Write-down of intangible assets	57,875	0
Changes in operating assets and liabilities:
Accounts receivable	(21,986)	68,172
Security deposits	3,766
Prepaid expenses	(3,929)	62
Accounts payable	(117,821)	434,151
Deferred revenue	(148,174)	21,874
Net cash used in operating activities - continuing operations	(866,756)	(365,874)
Net cash provided by (used in) operating activities- discontinued operations	230,050	(86,081)
Net cash used in operating activities	(636,706)	(451,955)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(12,650)	(46,893)
Net cash used in operating activities - continuing operations	(12,650)	(46,893)
Net cash provided by (used in) investing activities- discontinued operations	0	0
Net cash used in investing activities	(12,650)	(46,893)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of notes payable	(168,284)	(61,300)
Proceeds from notes payable	401,418	965,452
Net cash provided by financing activities - continuing operations	233,134	904,152
Net cash provided by financing activities - discontinued operations	0	0
Net cash used in financing activities	233,134	904,152
Effect of foreign currency on cash	0	0
Net increase (decrease) in cash	(416,222)	405,304
Cash, beginning of period	482,910	77,606
Cash, end of period	66,688	482,910
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS ACTIVITIES:
Cash paid for interest	20,618	11,587
Cash paid for taxes	$ 1,415	2,040
Shares issued for debt conversion	244,311
Revision of Prior Period, Adjustment [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (657,577)	(3,429,357)
Loss from discontinued operations	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation expense	657,577	371,171
Warrant adjustment to fair value	0	0
Noncash interest expense	0	0
Write-down of intangible assets	0	2,959,286
Changes in operating assets and liabilities:
Accounts receivable	0	98,900
Security deposits	0
Prepaid expenses	0	0
Accounts payable	0	0
Deferred revenue	0	0
Net cash used in operating activities - continuing operations	0	0
Net cash provided by (used in) operating activities- discontinued operations	0	0
Net cash used in operating activities	0	0
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	0	0
Net cash used in operating activities - continuing operations	0	0
Net cash provided by (used in) investing activities- discontinued operations	0	0
Net cash used in investing activities	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of notes payable	0	0
Proceeds from notes payable	0	0
Net cash provided by financing activities - continuing operations	0	0
Net cash provided by financing activities - discontinued operations	0	0
Net cash used in financing activities	0	0
Effect of foreign currency on cash	0	0
Net increase (decrease) in cash	0	0
Cash, beginning of period	0	0
Cash, end of period	0	0
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS ACTIVITIES:
Cash paid for interest	0	0
Cash paid for taxes	$ 0	$ 0
Shares issued for debt conversion	0

DISCONTINUED OPERATIONS (Narrat

DISCONTINUED OPERATIONS (Narrative) (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
Accounts payables for discontinued operations	$ 545,994	$ 546,304

DISCONTINUED OPERATIONS - Sched

DISCONTINUED OPERATIONS - Schedule of assets and liabilities of discontinued operations (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Current Assets
Cash	$ 0	$ 0
Accounts receivable	0	0
Other current assets	0	0
Total current assets	0	0
Other Assets
Property and equipment- net	0	1,243,960
Intangible assets	0	0
Total other assets	0	1,243,960
Total Assets	0	1,243,960
Current Liabilities
Accounts payable	545,994	546,304
Notes payable- related parties	0	0
Current portion of long-term notes payable - related parties	0	0
Accrued interest	0	0
Rent Concessions	0	0
Total current liabilities	545,994	546,304
Net assets (liabilities)	$ (545,994)	$ 697,656

PROPERTY AND EQUIPMENT (Narrati

PROPERTY AND EQUIPMENT (Narrative) (Details) - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Depreciation expense	$ 717,860	$ 436,658
Previously Reported [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Depreciation expense	$ 60,283	$ 65,487

PROPERTY AND EQUIPMENT - Schedu

PROPERTY AND EQUIPMENT - Schedule of property, plant and equipment (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Less: Accumulated depreciation	$ (1,184,591)	$ (448,274)
Total	$ 89,712	137,345
Computer, Telecom equipment and Software [Member]
Life	5 years
Property, Plant and Equipment, Gross	$ 1,274,303	$ 585,619

INDEFINITE LIVED INTANGIBLE A_3

INDEFINITE LIVED INTANGIBLE ASSETS (Narrative) (Details) - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Indefinite-Lived Intangible Assets [Line Items]
Indefinitely lived intangible asset impairment charges	$ 0	$ 2,959,286

INDEFINITE LIVED INTANGIBLE A_4

INDEFINITE LIVED INTANGIBLE ASSETS - Schedule of composition of other intangible assets (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Indefinite-Lived Intangible Assets [Line Items]
Gross Amount	$ 4,447,541	$ 4,505,416
Accumulated Amortization	1,028,748	371,171
Net Amount	$ 3,418,793	4,134,245
Customer contracts [Member]
Indefinite-Lived Intangible Assets [Line Items]
Useful Life	7 years
Gross Amount	$ 3,862,657	3,862,657
Accumulated Amortization	870,799	318,990
Net Amount	$ 2,991,858	3,543,667
Software [Member]
Indefinite-Lived Intangible Assets [Line Items]
Useful Life	5 years
Gross Amount	$ 584,884	642,759
Accumulated Amortization	157,949	52,181
Net Amount	$ 426,935	$ 590,578

INDEFINITE LIVED INTANGIBLE A_5

INDEFINITE LIVED INTANGIBLE ASSETS - Schedule of amortization expense for other intangible assets (Details)	Jul. 31, 2023 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 657,577
2022	$ 371,171

INDEFINITE LIVED INTANGIBLE A_6

INDEFINITE LIVED INTANGIBLE ASSETS - Schedule of estimate annual amortization expense for other intangible assets (Details)	Jul. 31, 2023 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 673,193
2025	675,569
2026	675,569
2027	623,388
2028	569,800
2029	$ 239,602

NOTES PAYABLE (Narrative) (Deta

NOTES PAYABLE (Narrative) (Details) - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022	Mar. 20, 2023	Nov. 16, 2022	Jan. 05, 2022	Feb. 26, 2021
Debt Instrument [Line Items]
Notes payable amount	$ 0	$ 0
Convertible notes payable - related parties	738,600	518,600
Refinanced amount on notes payable	168,284	61,300
Financial Institution [Member] | Non-Interest Bearing Loan [Member]
Debt Instrument [Line Items]
Principal amount of debt		10,972
Notes payable amount	10,972	10,972
1stPoint Communications, LLC [Member] | Financial Institution [Member] | Financing Agreement [Member]
Debt Instrument [Line Items]
Principal amount of debt			$ 58,000
Transaction fees of debt			$ 2,320
Notes payable amount	17,234
Endstream Communications [Member] | Financial Institution [Member] | Financing Agreement [Member]
Debt Instrument [Line Items]
Principal amount of debt				$ 141,750		$ 40,000
Notes payable amount	40,234	103,140
Related Party [Member] | Convertible Note [Member]
Debt Instrument [Line Items]
Principal amount of debt					$ 29,253
Interest rate					6%
Convertible notes payable - related parties	$ 24,253	$ 24,253

NOTES PAYABLE - Schedule of not

NOTES PAYABLE - Schedule of notes payable (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Notes Payable Disclosure [Abstract]
Notes payable	$ 92,694	$ 198,965
Less: current portion, net	(92,694)	(198,965)
Long-term notes payable, net	$ 0	$ 0

RELATED PARTY CONVERTIBLE DEB_2

RELATED PARTY CONVERTIBLE DEBT (Narrative) (Details) - USD ($)		1 Months Ended		12 Months Ended
	Sep. 01, 2020	Feb. 26, 2021	Aug. 22, 2019	Jul. 31, 2023	Dec. 09, 2022	Jul. 31, 2022	Jan. 05, 2022	Apr. 20, 2020	Aug. 24, 2019
Related Party Transaction [Line Items]
Number of common shares issued on debt conversion				244,311
Convertible notes payable - related parties				$ 738,600		$ 518,600
Related Party [Member] | Convertible note one [Member]
Related Party Transaction [Line Items]
Principal amount of loan			$ 12,000
Interest rate			6%
Payments of debt			$ 4,500
Convertible notes payable - related parties				7,500		7,500
Related Party [Member] | Convertible note two [Member]
Related Party Transaction [Line Items]
Principal amount of loan		$ 25,000
Interest rate		6%
Increase in funding		$ 447,500
Convertible notes payable - related parties				472,500		295,500
Related Party [Member] | Convertible note three [Member]
Related Party Transaction [Line Items]
Principal amount of loan							$ 29,253
Interest rate							6%
Convertible notes payable - related parties				24,253		24,253
Related Party One [Member] | Convertible note one [Member] | 1stPoint Communications LLC [Member]
Related Party Transaction [Line Items]
Principal amount of loan									$ 12,000
Interest rate									6%
Convertible notes payable - related parties				12,000		12,000
Related Party Two [Member] | Convertible note one [Member] | 1stPoint Communications LLC [Member]
Related Party Transaction [Line Items]
Principal amount of loan									$ 6,000
Interest rate									6%
Convertible notes payable - related parties				6,000		6,000
Chief Financial Officer [Member] | Convertible note one [Member]
Related Party Transaction [Line Items]
Principal amount of loan								$ 36,300
Interest rate								6%
Convertible notes payable - related parties				36,300		36,300
Chief Financial Officer [Member] | Convertible note two [Member]
Related Party Transaction [Line Items]
Principal amount of loan					$ 43,000
Interest rate					6%
Convertible notes payable - related parties				43,000
Non-Executive Director [Member] | Promissory Note [Member]
Related Party Transaction [Line Items]
Principal amount of loan	$ 100,000
Interest rate	6%
Increase in funding	$ 61,300
Convertible notes payable - related parties				$ 161,300		$ 161,300

RELATED PARTY CONVERTIBLE DEB_3

RELATED PARTY CONVERTIBLE DEBT - Schedule of related party debt (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Related Party Transactions [Abstract]
Convertible notes payable - related parties	$ 738,600	$ 518,600
Less: current portion, net	(738,600)	(518,600)
Long-term convertible notes payable – related parties, net	$ 0	$ 0

CONVERTIBLE DEBT (Narrative) (D

CONVERTIBLE DEBT (Narrative) (Details) - USD ($)			1 Months Ended	12 Months Ended
	Oct. 04, 2022	Feb. 11, 2022	Feb. 17, 2022	Jul. 31, 2023	Jul. 31, 2022	Mar. 06, 2023
Convertible Debt [Line Items]
Original issue discount				$ 55,000	$ 82,500
Gross proceeds of debt				$ 401,418	965,452
Number of common shares issued on debt conversion				244,311
Mast Hill Fund, L.P. [Member]
Convertible Debt [Line Items]
Aggregate principal amount				$ 612,000	$ 550,000
Debt instrument interest rate		12%
Principal or interest rate percentage		16%
Convertible notes, increase in principal balance						$ 62,000
Equity percentage		4.99%
Common stock exercise price per share		$ 0.58
Debt instrument conversion amount		$ 1,750
Warrants expiration period		five-year
Mast Hill Fund, L.P. [Member] | Securities Purchase Agreement [Member]
Convertible Debt [Line Items]
Aggregate principal amount		$ 550,000
Original issue discount		55,000
Gross proceeds of debt		495,000
Debt conversion converted instrument interest amount		72,148
Amount of fees on debt		1,750
Debt conversion converted total number of common stock shares amount		73,897
Common stock warrant purchase		$ 475,000
Mast Hill Fund, L.P. [Member] | Securities Purchase Agreement [Member] | First Warrant [Member]
Convertible Debt [Line Items]
Equity percentage		4.99%
Common stock warrant purchase		$ 150,000
Common stock exercise price per share		$ 3
Mast Hill Fund, L.P. [Member] | Securities Purchase Agreement [Member] | Second Warrant [Member]
Convertible Debt [Line Items]
Common stock warrant purchase		$ 150,000
Common stock exercise price per share		$ 1.5
Talos Victory Fund, LLC [Member] | Securities Purchase Agreement [Member]
Convertible Debt [Line Items]
Aggregate principal amount			$ 275,000
Original issue discount			27,500
Gross proceeds of debt			247,500
Common stock warrant purchase			237,500
Number of common shares issued on debt conversion	512,696
Talos Victory Fund, LLC [Member] | Securities Purchase Agreement [Member] | First Warrant [Member]
Convertible Debt [Line Items]
Common stock warrant purchase			$ 75,000
Common stock exercise price per share			$ 3
Talos Victory Fund, LLC [Member] | Securities Purchase Agreement [Member] | Second Warrant [Member]
Convertible Debt [Line Items]
Common stock warrant purchase			$ 75,000
Common stock exercise price per share			$ 1.5

CONVERTIBLE DEBT - Schedule of

CONVERTIBLE DEBT - Schedule of convertible debt (Details) - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Debt Disclosure [Abstract]
Convertible debt	$ 557,000	$ 742,500
Original issue discount	55,000	82,500
Debt discount	0	(227,872)
Less: current portion, net	(612,000)	(597,128)
Long-term convertible debt, net	$ 0	$ 0

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022	Jul. 31, 2017
Income Tax Disclosure [Abstract]
Income tax rate	21%	21%	35%
Operating loss carryforwards	$ 22,912,000
Net operating loss carryforwards subject to 80% limitation	3,000,000
Net operating loss carryforwards for 20 years	$ 19,297,000

INCOME TAXES - Schedule of effe

INCOME TAXES - Schedule of effective tax rate reconciliation (Details) - USD ($)	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Income Tax Disclosure [Abstract]
Income tax benefit provision at statutory rate	$ (1,920,242)	$ 187,671
Change in valuation allowance	1,920,242	(187,671)
Income Tax Expense (Benefit)	$ 0	$ 0

INCOME TAXES - Schedule of net

INCOME TAXES - Schedule of net deferred tax assets (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022
Income Tax Disclosure [Abstract]
Net operating gain/loss	$ (1,920,242)	$ (893,672)
Valuation allowance	1,920,242	893,672
Net deferred tax assets	$ 0	$ 0

STOCKHOLDERS' EQUITY (Narrative

STOCKHOLDERS' EQUITY (Narrative) (Details) - USD ($)			1 Months Ended	12 Months Ended
	Mar. 06, 2023	Oct. 04, 2022	Mar. 31, 2023	Jul. 31, 2023	Jul. 31, 2022
Class of Stock [Line Items]
Number of common shares issued on debt conversion				244,311
Common stock issued					0
Unissued stock				$ 105,925	$ 0
Mast Hill Fund, L.P. [Member]
Class of Stock [Line Items]
Common stock issued	475,000		127,410
Talos Victory Fund, LLC [Member] | Securities purchase agreement [Member]
Class of Stock [Line Items]
Number of common shares issued on debt conversion		512,696

COMMITMENTS AND LEASES (Narrati

COMMITMENTS AND LEASES (Narrative) (Details)	12 Months Ended
	Jul. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Description of operating lease	ll leases are currently month-to-month and have no obligations pursuant to ASC 842. There are two month-to-month tenancy agreements for office space which are less than $2,000 per m

CLAIMS - Schedule of claims (De

CLAIMS - Schedule of claims (Details)	12 Months Ended
	Jul. 31, 2022 USD ($)
Calvi Electric v. Hammer Fiber Optics Inv, Ltd [Member]
Loss Contingencies [Line Items]
Amount of claim	$ 9,210
Horizon Blue Cross v. Hammer Fiber Optics Inv, Ltd [Member]
Loss Contingencies [Line Items]
Amount of claim	$ 17,309

WARRANTS (Narrative) (Details)

WARRANTS (Narrative) (Details) - USD ($)	Feb. 17, 2022	Feb. 11, 2022
Mast Hill Fund, L.P. [Member] | First Warrant [Member]
Class of Warrant or Right [Line Items]
Warrants issued		$ 150,000
Warrant term		5 years
Warrant exercise price per share		$ 1.5
Mast Hill Fund, L.P. [Member] | Second Warrant [Member]
Class of Warrant or Right [Line Items]
Warrant term		5 years
Warrant exercise price per share		$ 3
Talos Victory Fund, LLC [Member] | First Warrant [Member]
Class of Warrant or Right [Line Items]
Warrants issued	$ 75,000
Warrant term	5 years
Warrant exercise price per share	$ 1.5
Talos Victory Fund, LLC [Member] | Second Warrant [Member]
Class of Warrant or Right [Line Items]
Warrants issued	$ 75,000
Warrant term	5 years
Warrant exercise price per share	$ 3

WARRANTS - Schedule of fair pri

WARRANTS - Schedule of fair price of the warrants (Details) - Warrants [Member] - $ / shares shares in Thousands	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Class of Warrant or Right [Line Items]
Number of warrants, beginning balance	0
Granted	450,000
Exercised	0
Expired/Canceled	0
Number of warrants, ending balance	450,000	0
Number of warrant exercisable	450,000
Weighted average exercise price granted	$ 2.25
Weighted average exercise price, Exercised	0
Weighted average exercise price, Expired/Canceled	0
Weighted average exercise price exercisable ending balance	$ 2.25
Weighted average contractual term	3 years 6 months 14 days	5 years
Weighted average contractual term exercisable	3 years 6 months 14 days

WARRANTS - Schedule of fair val

WARRANTS - Schedule of fair values of warrants granted during the years (Details) - Warrants [Member] - $ / shares	12 Months Ended
	Jul. 31, 2023	Jul. 31, 2022
Class of Warrant or Right [Line Items]
Expected life (in years)	3 years 6 months 14 days	2 years 6 months 14 days
Dividend yield	0%	0%
Minimum [Member]
Class of Warrant or Right [Line Items]
Exercise Price	$ 1.5	$ 1.5
Risk-free interest rates	3.45%	1.95%
Expected volatility	227%	205%
Maximum [Member]
Class of Warrant or Right [Line Items]
Exercise Price	$ 3	$ 3
Risk-free interest rates	4.16%	2.90%
Expected volatility	248%	212%

OTHER INCOME (EXPENSE) AND DI_2

OTHER INCOME (EXPENSE) AND DISCONTINUED AND CONTINUING OPERATIONS (Narrative) (Details) - USD ($)		1 Months Ended	12 Months Ended
	Oct. 04, 2022	Mar. 23, 2023	Jul. 31, 2023	Jul. 31, 2022
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Loss from discontinued operations			$ (1,013,600)	$ 0
Other Income			262,259	0
Indefinitely lived intangible asset impairment charges			0	2,959,286
Adjustments to fair value of these warrants			18,000	57,000
Warrant financing expenses			145,725	125,025
Loss on currency exchange with discontinuation of business unit			170,368	12,040
Tax-related expenses			1,415	2,040
Hammer Fiber Optics Investments, Ltd [Member]
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Loss from discontinued operations			967,543
Hammer Wireless [SL] Ltd [Member]
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Loss from discontinued operations			46,057
1stPoint Communications LLC [Member]
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Loss on currency exchange with discontinuation of business unit			3,771	10,000
Talos Victory Fund, LLC [Member]
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Conversion of principal and accrued interest from promissory note	$ 297,364
Conversion price	$ 0.58
Conversion price per share at closing	$ 0.355
Gain on conversion of amount	$ 115,357
Financing expenses associated with notes payable			45,837	37,413
Mast Hill Fund, L.P. [Member]
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Gain on conversion of amount		$ 11,467
Interest expense and transactions fees converted		$ 73,898
Conversion price of common stock		$ 0.58
Conversion price of common stock at closing		$ 0.489
Financing expenses associated with notes payable			99,888	87,612
Synergy Finance [Member]
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Financing expenses associated with notes payable			18,804
Forward Financing [Member]
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Financing expenses associated with notes payable			27,599
Endstream Communications, LLC [Member]
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Loss on currency exchange with discontinuation of business unit			6
Mast Hill note and Talos convertible notes [Member]
Other Income Expense And Discontinued And Continuing Operations [Line Items]
Financing expenses associated with notes payable			$ 209,130	$ 635,812

SUBSEQUENT EVENTS (Narrative) (

SUBSEQUENT EVENTS (Narrative) (Details) - USD ($)

1 Months Ended

3 Months Ended

12 Months Ended

Aug. 07, 2024

Mar. 06, 2023

Aug. 23, 2023

Mar. 31, 2023

Apr. 30, 2024

Jul. 31, 2022

Aug. 29, 2024

Apr. 04, 2024

Apr. 01, 2024

Aug. 01, 2023

Jul. 31, 2023

Mar. 20, 2023

Subsequent Event [Line Items]

Common stock issued

0

Notes payable amount

$ 0

$ 0

Mast Hill Fund, L.P. [Member]

Subsequent Event [Line Items]

Common stock issued

475,000

127,410

1stPoint Communications, LLC [Member] | Financial Institution [Member] | Financing Agreement [Member]

Subsequent Event [Line Items]

Aggregate principal amount

$ 58,000

Notes payable amount

$ 17,234

Subsequent Events [Member]

Subsequent Event [Line Items]

Aggregate principal amount

$ 771,493

Subsequent Events [Member] | Mast Hill Fund, L.P. [Member]

Subsequent Event [Line Items]

Common stock issued

475,000

Subsequent Events [Member] | Mast Hill Fund, L.P. [Member] | Second Amendment [Member]

Subsequent Event [Line Items]

Convertible notes, increase in principal balance

$ 70,000

Common stock issued

475,000

Price per share

$ 0.199

Fair value of the common stock issued

$ 94,525

Subsequent Events [Member] | Purchase Agreement [Member] | Viper Networks Inc [Member]

Subsequent Event [Line Items]

Percentage of subsidiary sold in purchase agreement

10%

Shares exchanged in purchase agreement

2,500,000

Subsequent Events [Member] | 1stPoint Communications, LLC [Member] | Financial Institution [Member] | Financing Agreement [Member]

Subsequent Event [Line Items]

Notes payable amount

$ 62,400

Subsequent Events [Member] | Board of Directors [Member]

Subsequent Event [Line Items]

Aggregate principal amount

$ 791,546

Interest rate

6%