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Share-Based Compensation Plans (Tables)
12 Months Ended
Apr. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Valuation Assumptions

 

   Fiscal year ended April 30, 
   2024   2023 
Risk-free interest rate   N/A    3.5%
Expected dividend yield   N/A    0.0%
Expected life (in years)   N/A    5.5 
Expected volatility   N/A    109.0%
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, 2023   1,529,185   $1.75    8.8 
Granted      $      
Exercised      $      
Cancelled/forfeited   (794,369)  $1.29      
Expired   (273)  $341.08      
Outstanding as of April 30, 2024   734,543   $2.12    7.6 
Exercisable as of April 30, 2024   462,150   $2.85    7.1 
Schedule of Non-vested Restricted Stock Activity

A summary of unvested restricted stock units under our stock incentive plans is as follows:

 

  

Number

of Shares

  

Weighted

Average Price per

Share

 
Issued and unvested at April 30, 2023   1,985,994   $0.91 
Granted   4,439,257   $0.30 
Vested and issued   (787,498)  $0.86 
Cancelled/forfeited   (513,224)  $0.90 
Issued and unvested at April 30, 2024   5,124,529   $0.38