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Accounts Receivable, Contract Assets and Contract Liabilities (Tables)

9 Months Ended

Jan. 31, 2025

Accounts Receivable Contract Assets And Contract Liabilities

Schedule of Accounts Receivable, Contract Assets and Contract Liabilities

The following provides further details on the balance sheet accounts of accounts receivable, contract assets and contract liabilities from contracts with customers:

		January 31, 2025				April 30, 2024				April 30, 2023
		(in thousands)
Accounts receivable		$	1,626			$	796			$	745
Contract assets		$	478			$	18			$	152
Contract liabilities		$	—			$	302			$	1,378

Schedule of Significant Changes in Contract Assets

Significant changes in the contract assets balances during the period were as follows:

		Nine months ended January 31, 2025				Nine months ended January 31, 2024
		(in thousands)
Transferred to receivables from contract assets recognized		$	(600	)		$	(1,469	)
Revenue recognized and not billed			1,060				1,598
Net change in contract assets		$	460			$	129

Schedule of Significant Changes in Contract Liabilities

Significant changes in the contract liabilities balances during the period are as follows:

		Nine months ended January 31, 2025				Nine months ended January 31, 2024
		(in thousands)
Revenue recognized		$	(1,830	)		$	(1,312	)
Payments collected for which revenue has not been recognized			1,528				802
Net change in contract liabilities		$	(302	)		$	(510	)