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Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2024
Apr. 30, 2023
Current assets:    
Cash and cash equivalents $ 3,151 $ 6,883
Short-term investments 27,790
Restricted cash, short-term 65
Accounts receivable 796 745
Contract assets 18 152
Inventory 4,831 1,044
Other current assets 1,747 994
Total current assets 10,543 37,673
Property and equipment, net 3,443 1,280
Intangibles, net 3,622 3,978
Right-of-use assets, net 2,405 1,751
Restricted cash, long-term 154 155
Goodwill 8,537 8,537
Total assets 28,704 53,374
Current liabilities:    
Accounts payable 3,366 952
Earn out payable 1,130 1,500
Accrued expenses 1,787 2,346
Contract liabilities 302 1,378
Right-of-use liabilities, current portion 774 529
Contingent liabilities, current portion 1,202
Total current liabilities 7,359 7,907
Deferred tax liability 203 203
Right-of-use liabilities, less current portion 1,798 1,311
Total liabilities 9,360 9,421
Commitments and contingencies (Note 15)  
Shareholders’ Equity:    
Preferred stock, $0.001 par value; authorized 5,000,000 shares, none issued or outstanding
Common stock, $0.001 par value; authorized 100,000,000 shares, issued 61,352,731 and 56,304,642 shares, respectively, and outstanding 61,264,714 and 56,263,728 shares, respectively 61 56
Treasury stock, at cost; 88,017 and 40,914 shares, respectively (369) (355)
Additional paid-in capital 327,276 324,393
Accumulated deficit (307,579) (280,096)
Accumulated other comprehensive loss (45) (45)
Total shareholders’ equity 19,344 43,953
Total liabilities and shareholders’ equity $ 28,704 $ 53,374