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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Apr. 30, 2019
Income Statement [Abstract]      
Revenue   $ 12,690,000 $ 16,127,000
Operating expenses:      
Research and development $ 41,286,000 40,194,000 35,021,000
General and administrative 16,637,000 13,029,000 10,926,000
Total operating expenses 57,923,000 53,223,000 45,947,000
Operating loss (57,923,000) (40,533,000) (29,820,000)
Other income:      
Interest income 903,000 1,830,000 1,397,000
Foreign currency exchange gain (loss) 847,000 (367,000) 49,000
Other income 9,929,000 9,830,000 7,682,000
Total other income 11,679,000 11,293,000 9,128,000
Loss before income taxes (46,244,000) (29,240,000) (20,692,000)
Income tax (benefit) expense 0 (124,000) 124,000
Net loss (46,244,000) (29,116,000) (20,816,000)
Other comprehensive income (loss):      
Foreign currency translation adjustments 1,076,000 59,000 (1,257,000)
Unrealized holding gain (loss) on available-for-sale securities (473,000) 285,000 440,000
Reclassification adjustment for realized (gain) on available for sale securities included in net loss (153,000) (300,000)  
Total other comprehensive income (loss): 450,000 44,000 (817,000)
Comprehensive loss $ (45,794,000) $ (29,072,000) $ (21,633,000)
Net loss per share, basic and diluted $ (2.42) $ (1.64) $ (1.38)
Weighted average common shares outstanding, basic and diluted 19,094,440 17,748,666 15,080,863