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Property and Equipment (Tables) | 3 Months Ended
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Jul. 31, 2024
Property, Plant and Equipment [Abstract] |
Summary of property and equipment | Property and equipment consisted of the following (table in thousands):
| July 31, 2024 |  | April 30, 2024
Furniture and fixtures | $ | 246 |  |  | $ | 246 |
Computer equipment and software | 2,152 |  |  | 2,152 |
Capitalized software development costs | 1,888 |  |  | 1,888 |
Laboratory equipment | 11,506 |  |  | 11,506 |
Assets in progress | 3 |  |  | 3 |
Leasehold improvements | 317 |  |  | 317 |
Total property and equipment | 16,112 |  |  | 16,112 |
Less: Accumulated depreciation and amortization | (10,840) |  |  | (10,391) |
Property and equipment, net | $ | 5,272 |  |  | $ | 5,721 |
Summary of assets and liabilities | Financing lease assets (lab equipment) and lease liabilities related to our current financing leases are as follows (in thousands):
| July 31, 2024 | April 30, 2024
Financing lease net asset | $ | 333 |  | $ | 370 |
Current portion of financing lease liabilities | 151 |  | 150 |
Non-current portion of financing lease liabilities | 182 |  | 220 |
ROU assets and lease liabilities related to our current operating leases are as follows (in thousands):
| July 31, 2024 | April 30, 2024
Operating lease right-of-use assets, net | $ | 5,963 |  | $ | 6,252 |
Current portion of operating lease liabilities | 1,369 |  | 1,337 |
Non-current portion of operating lease liabilities | 5,738 |  | 6,093 |
Finance lease, liability, to be paid, maturity | Future minimum lease payments due each fiscal year as follows (in thousands):
2025 (remaining) | $ | 120 |
2026 | 140 |
2027 | 80 |
2028 | 6 |
Thereafter | — |
Total undiscounted liabilities | 346 |
Less: Imputed interest | (13) |
Present value of minimum lease payments | $ | 333 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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