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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Jan. 31, 2021
Schedule of Cash and Cash Equivalents

The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. The Company invests excess cash in a money market account.

 

    January 31, 2021     April 30, 2020  
    (in thousands)  
             
Checking and savings accounts   $ 2,597     $ 1,551  
Money market account     77,204       8,451  
    $ 79,801     $ 10,002  

Schedule of Cash and Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Statement of Financial Position that sum to the total of the same such amounts shown in the Statement of Cash Flows.

 

    January 31, 2021     April 30, 2020  
    (in thousands)  
             
Cash and cash equivalents   $ 79,801     $ 10,002  
Restricted cash- short term     384       707  
Restricted cash- long term     222       221  
    $ 80,407     $ 10,930  

Schedule of Revenue by Major Customers by Reporting Segments

The table below shows the percentage of the Company’s revenues derived from customers whose revenues accounted for at least 10% of the Company’s consolidated revenues for at least one of the periods indicated:

 

    Three months ended January 31,     Nine months ended January 31,  
    2021     2020     2021     2020  
    (in thousands)  
                         
Eni S.p.A.   $ 34     $ 42     $ 135     $ 118  
Premier Oil UK Limited     -       5       27       126  
EGP     223       678       379       774  
ACET     33       -       37       -  
Other     27       -       26       113  
    $ 317     $ 725     $ 604     $ 1,131  

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The following table summarizes share-based compensation related to the Company’s share-based plans by expense category for the three and nine months ended January 31, 2021 and 2020:

 

    Three months ended January 31,     Nine months ended January 31,  
    2021     2020     2021     2020  
    (in thousands)  
                         
Engineering and product development   $ 32     $ 12     $ 91     $ 52  
Selling, general and administrative     83       44       247       173  
Total share-based compensation expense   $ 115     $ 56     $ 338     $ 225  

Santander Bank, N.A. [Member]  
Schedule of Cash and Cash Equivalents and Restricted Cash

Restricted cash includes the following:

 

             
    January 31, 2021     April 30, 2020  
    (in thousands)  
                 
Santander Bank     606       928  
    $ 606     $ 928