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Property and Equipment, net
9 Months Ended
Jan. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

(6) Property and Equipment, net

 

The components of property and equipment, net as of January 31, 2023 and April 30, 2022 consisted of the following:

 

   January 31,
2023
   April 30,
2022
 
   (in thousands) 
Equipment  $869   $615 
Computer equipment & software   623    571 
Office furniture & equipment   59    352 
Leasehold improvements   538    477 
Construction in process   15    15 
Property and equipment, gross   2,104    2,030 
Less: accumulated depreciation   (1,513)   (1,585)
Property and equipment, net  $591   $445 

 

Depreciation expense was approximately $157,000 and $104,000 for the nine-month periods ended January 31, 2023 and 2022, respectively. During the nine months ended January 31, 2023, the Company had approximately $229,000 of fully depreciated fixed assets that were no longer in use that were written off. During the nine months ended January 31, 2023, the Company purchased approximately $302,000 of new equipment.