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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2024
Apr. 30, 2023
Current assets:    
Cash and cash equivalents $ 23,056 $ 56,238
Marketable securities 52,530 93,137
Research and development tax credit receivable 23,011 16,568
Prepaid expenses and other current assets 5,506 6,383
Total current assets 104,103 172,326
Property and equipment, net 2,423 2,948
Right of use assets 7,045 7,822
Other assets 397 106
Total assets 113,968 183,202
Current liabilities:    
Accounts payable 3,101 4,817
Accrued expenses 14,840 9,128
Lease liability - current portion 1,187 1,087
Total current liabilities 19,128 15,032
Long-term liabilities:    
Lease liability - net of current portion 6,257 7,145
Total long-term liabilities 6,257 7,145
Commitments and contingencies (Note 6)
Stockholders’ equity    
Common stock, $0.001 par value, 100,000,000 authorized Shares issued and outstanding: 34,595,623 at January 31, 2024 and 34,171,138 at April 30, 2023 34 34
Additional paid-in capital 516,920 507,133
Accumulated deficit (425,077) (343,082)
Accumulated other comprehensive loss (3,294) (3,060)
Total stockholders’ equity 88,583 161,025
Total liabilities and stockholders’ equity $ 113,968 $ 183,202