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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Jul. 31, 2021
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents

 

   July 31, 2021   April 30, 2021 
   (in thousands) 
         
Checking and savings accounts  $1,022   $1,850 
Money market account   76,698    81,178 
   $77,720   $83,028 
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 Consolidated Balance Sheets that total to the same amounts shown in the Consolidated Statements of Cash Flows.

 

   July 31, 2021   April 30, 2021 
    (in thousands) 
Cash and cash equivalents  $77,720   $83,028 
Restricted cash- short term   384    384 
Restricted cash- long term   222    222 
   $78,326   $83,634 

Schedule of Revenue by Major Customers by Reporting Segments

The table below shows the amount 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 July 31, 
   2021   2020 
   (in thousands) 
Eni S.p.A.  $-   $28 
Harbour (p/k/a Premier Oil)   -    27 
EGP   149    114 
Valaris   89    - 
Other (no customer over 10%)   34    - 
   $272   $169 
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

 

   Three months ended July 31, 
   2021   2020 
   (in thousands)
Engineering and product development  $217   $37 
Selling, general and administrative   173    79 
Total share-based compensation expense  $390   $116