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Stock-Based Payments (Tables)
3 Months Ended
Jul. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Allocation Of Share Based Compensation Expense
Stock-based compensation expense was recognized as follows (table in thousands):
 
Three Months Ended
July 31,
 20252024
General and administrative$148 $185 
Sales and marketing12 40 
Research and development32 
Cost of oncology revenue16 29 
Total stock-based compensation expense$208 $258 
Schedule of Valuation Assumptions For Stock Options Black-Scholes and Monte Carlo assumptions used to calculate the fair value of Champions options granted by the Company during the three months ended July 31, 2025 and 2024 were as follows:
Three Months Ended
July 31,
 20252024
Expected term in years
6
6
Risk-free interest rates
4.08% - 4.50%
4.48%
Volatility
55.65% - 62.00%
62.72%
Dividend yield—%—%
Black-Scholes assumptions used to calculate the fair value of Corellia options granted by Corellia during the three months ended July 31, 2025 and 2024 were as follows:

Three Months Ended
July 31,
 20252024
Expected term in years60
Risk-free interest rates4.15%—%
Volatility65%—%
Dividend yield—%—%
Schedule of Stock Option Activity
The Company’s stock options activity for the 2021 and 2010 equity incentive plans for the three months ended July 31, 2025 was as follows:
 
Directors
and
Employees
Non-
Employees
TotalWeighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
Outstanding, April 30, 20251,642,351 36,331 1,678,682 $4.98 4.9$4,434,000 
Granted874,000 — 874,000 7.39 9.9
Exercised(11,251)— (11,251)2.10 
Forfeited(9,625)— (9,625)7.90   
Outstanding, July 31, 20252,495,475 36,331 2,531,806 $5.81 6.5$3,514,000 
Vested and expected to vest as of July 31, 20252,495,475 36,331 2,531,806 $5.81 6.5$3,514,000 
Exercisable as of July 31, 20251,504,457 5,625 1,510,082 $4.90 4.2$3,259,000 
    


The stock options activity for the Corellia 2023 Global equity incentive plan for the three months ended July 31, 2025 was as follows:
Directors
and
Employees
Non-
Employees
TotalWeighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
Outstanding, April 30, 2025— — — $— 0$— 
Granted300 — 300 1,682.00 9.81
Outstanding, July 31, 2025300 — 300 $1,682.00 9.81$110,000 
Vested and expected to vest as of July 31, 2025300 — 300 $1,682.00 9.81$110,000 
Exercisable as of July 31, 2025— — — $— — $—