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Acquisition of 3dent Technologies, LLC (Tables) | 12 Months Ended
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Apr. 30, 2021
Business Combination and Asset Acquisition [Abstract] |
Schedule of Fair Value Consideration Paid on Acquisition | The fair value of common stock issued by the Company in connection with the 3Dent acquisition was as follows (in thousands):
Fair value of base purchase price |  | $ | 1,452 |
Less discount for lack of marketability |  |  | (290 | )
Adjusted fair value |  |  | 1,162 |
Schedule of Fair Value of Net Assets Acquired | The following table summarizes the fair value of the net assets acquired (in thousands):
Cash |  | $ | 100 |
Accounts receivable |  |  | 94 |
Prepaid expenses |  |  | 5 |
Right of use asset |  |  | 95 |
Fixed assets |  |  | 20 |
Identifiable intangibles |  |  | 280 |
Accounts payable and accrued expenses |  |  | (21 | )
Lease liability |  |  | (96 | )
Total net assets acquired, excluding goodwill |  | $ | 477 |
Schedule of Fair Value of Indetifiable Intangible Assets Acquired | The acquisition date fair values of identifiable intangible assets acquired are as follows (in thousands):
Trade name |  | $ | 130 |
Customer relationships |  |  | 150 |
Fair value of identifiable intangibles assets |  | $ | 280 |
Schedule of Consolidated Statement of Operations of Acquisition | The amounts of revenue and net loss of 3Dent included in the Company’s Consolidated Statement of Operations from the date of acquisition to April 30, 2021 were as follows (in thousands):
Revenue |  | $ | 35 |
Net loss |  |  | (463 | )
Schedule of Pro Forma Financial Information | The following unaudited pro forma financial information is for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved as if the acquisition had taken place as of May 1, 2019.
|  | Twelve months ended April 30, |
|  | 2021 |  |  | 2020 |
Revenue |  | $ | 1,600 |  |  | $ | 2,772 |
Net loss |  |  | (14,915 | ) |  |  | (10,406 | )
Basic and diluted net loss per share |  | $ | (0.50 | ) |  | $ | (1.44 | )

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of characteristics and cost, by total and major class, of indefinite-lived intangible assets acquired as part of a business combination. Indefinite-lived intangible assets are assets that have no physical form, but have expected future economic benefit. The future benefit is not expected to diminish over a stated period of time. Acquired indefinite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the entity) and in total. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4922-128472 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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