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Leases (Tables)
12 Months Ended
Apr. 30, 2020
Leases [Abstract]  
Summary of Lease Costs

The following table summarizes lease costs included in research and development and general and administrative expense for the year ended April 30, 2020 (in thousands):

 

 

Year Ended

 

 

April 30, 2020

 

Operating lease costs

$

743

 

Finance lease costs

 

54

 

Short-term lease costs

 

13

 

Variable lease costs

 

47

 

Total lease costs

$

857

 

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

 

The following table summarizes the maturity of undiscounted payments due under lease liabilities and the present value of those liabilities as of April 30, 2020 (in thousands):

 

Years ending April 30,

 

Operating

Leases

 

2021

 

$

679

 

2022

 

 

383

 

2023

 

 

239

 

2024

 

 

142

 

2025

 

 

142

 

Thereafter

 

 

439

 

Total lease payments

 

 

2,024

 

Less: imputed interest

 

379

 

Total lease liabilities

 

 

1,645

 

Current lease liabilities

 

588

 

Long-term lease liabilities

 

$

1,057

 

Schedule of Future Minimum Payments Under Finance and Operating Leases

Future minimum payments under these leases as of April 30, 2019 are as follows (in thousands):

 

Years ending April 30,

 

Finance

Leases

 

 

Operating

Leases

 

2020

 

$

54

 

 

$

687

 

2021

 

 

 

 

 

474

 

2022

 

 

 

 

 

328

 

2023

 

 

 

 

 

194

 

2024 and thereafter

 

 

 

 

 

495

 

Total minimum lease payments

 

$

54

 

 

$

2,178

 

Less amounts representing interest

 

 

 

 

 

 

 

Present Value of minimum payments

 

 

54

 

 

 

 

 

Current portion

 

 

54

 

 

 

 

 

Long-term portion

 

$

 

 

 

 

 

Summary of Lease Term and Discount Rate

The following table summarizes the lease term and discount rate as of April 30, 2020:

 

 

 

April 30, 2020

 

Weighted-average remaining lease term (years)

 

 

 

 

Operating leases

 

4.8

 

Weighted-average discount rate

 

 

 

 

Operating leases

 

 

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 year ended April 30, 2020 (in thousands):

 

 

 

April 30, 2020

 

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

 

$

708

 

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

 

$

54