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Share-Based Compensation (Tables)
9 Months Ended
Jan. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Valuations Assumptions

 

   Nine months ended
January 31,
 
   2023   2022 
Risk-free interest rate   3.5%   1.5%
Expected dividend yield   0%   0%
Expected life (in years)   5.5    5.6 
Expected volatility   109.0%   121.9%
Schedule of Stock Option Activity

A summary of stock options under our Stock Incentive Plans is detailed in the following table.

 

   

Shares

Underlying 

Options

  

Weighted

Average

Exercise

Price

  

Weighted

Average

Remaining

Contractual

Term

(In Years)

 
Outstanding as of April 30, 2022    1,110,356   $2.34    9.2 
Granted    601,089   $0.68      
Exercised       $      
Cancelled/forfeited    (135,903)  $1.88      
Outstanding as of January 31, 2023    1,575,542   $1.75    9.0 
Exercisable as of January 31, 2023    540,546   $3.19    7.9 
Schedule of Non-vested Restricted Stock Activity

A summary of non-vested restricted stock units under our Stock Incentive Plans is as follows:

 

  

Number

of Shares

  

Weighted

Average Price
per Share

 
Unvested at April 30, 2022   827,764   $1.41 
Granted   1,608,681   $0.77 
Vested and issued   (349,429)  $1.40 
Cancelled/forfeited   (49,021)     
Unvested at January 31, 2023   2,037,995   $0.91 
Performance Stock Options [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Stock Option Activity

A summary of performance stock options under our Stock Incentive Plans is detailed in the following table.

 

   

Shares

Underlying

Options

  

Weighted

Average

Exercise

Price

  

Weighted
Average

Remaining

Contractual

Term

(In Years)

 
Outstanding as of April 30, 2022    210,122   $2.20    8.8 
Granted       $      
Exercised       $      
Cancelled/forfeited    (8,466)  $2.93      
Outstanding as of January 31, 2023    201,656   $2.17    8.1 
Exercisable as of January 31, 2023       $