v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2025
Apr. 30, 2024
Current assets:    
Cash and cash equivalents $ 6,715 $ 3,151
Accounts receivable, net 1,191 796
Contract assets 1,088 18
Inventory 4,222 4,831
Other current assets 400 1,747
Total current assets 13,616 10,543
Property and equipment, net 3,444 3,443
Intangibles, net 3,490 3,622
Right-of-use assets, net 1,552 2,405
Restricted cash, long-term 154 154
Goodwill 8,537 8,537
Total assets 30,793 28,704
Current liabilities:    
Accounts payable 568 3,366
Earn out payable 300 1,130
Accrued expenses 1,271 1,787
Contract liabilities 302
Right-of-use liabilities, current portion 1,150 774
Total current liabilities 3,289 7,359
Deferred tax liability 203 203
Right-of-use liabilities, less current portion 649 1,798
Total liabilities 4,141 9,360
Commitments and contingencies (Note 14)  
Shareholders’ Equity:    
Preferred stock, $0.001 par value; authorized 5,000,000 shares, none issued or outstanding
Common stock, $0.001 par value; authorized 300,000,000 and 100,000,000 shares, issued 172,050,563 and 61,352,731 shares, respectively, and outstanding 171,263,086 and 61,264,714 shares, respectively 172 61
Treasury stock, at cost; 787,477 and 88,017 shares, respectively (1,018) (369)
Additional paid-in capital 356,588 327,276
Accumulated deficit (329,090) (307,579)
Accumulated other comprehensive loss (45)
Total shareholders’ equity 26,652 19,344
Total liabilities and shareholders’ equity $ 30,793 $ 28,704