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Leases (Tables)
12 Months Ended
Apr. 30, 2022
Leases [Abstract]  
Summary of Lease Costs

The following table summarizes lease costs included in research and development and general and administrative expense for the years ended April 30, 2022 and 2021 (in thousands):

 

 

2022

 

2021

 

Operating lease costs

$

1,743

 

$

926

 

Short-term lease costs

 

14

 

 

13

 

Variable lease costs

 

169

 

 

149

 

Total lease costs

$

1,926

 

$

1,088

 

Summary of Maturity of Undiscounted Payments and Future Minimum Payments Due Under Lease Liabilities and Present Value of Liabilities

The following table summarizes the undiscounted payments due under lease liabilities and the present value of those liabilities as of April 30, 2022 (in thousands):

 

Years ending April 30,

 

Operating
Leases

 

2023

 

$

1,624

 

 2024

 

 

1,504

 

 2025

 

 

1,541

 

 2026

 

 

1,578

 

 2027

 

 

1,617

 

 Thereafter

 

 

3,091

 

Total lease payments

 

 

10,955

 

Less: imputed interest

 

 

2,767

 

Total lease liabilities

 

 

8,188

 

Current lease liabilities

 

 

977

 

Long-term lease liabilities

 

$

7,211

 

Summary of Lease Term and Discount Rate

The following table summarizes the lease term and discount rate as of April 30, 2022 and 2021:

 

 

 

2022

 

2021

 

Weighted-average remaining lease term (years)

 

 

6.9

 

 

6.8

 

Weighted-average discount rate

 

 

9.0

%

 

9.0

%

Summary of Cash Paid for Amounts Included in Measurement of Lease Liabilities

The following table summarizes the cash paid for amounts included in the measurement of lease liabilities for the years ended April 30, 2022 and 2021 (in thousands):

 

 

 

2022

 

2021

 

Cash paid for amounts included in the measurement of operating lease liabilities

 

$

1,287

 

$

696