XML 21 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Cash flows from operating activities:    
Net loss $ (719) $ (1,307)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 725 693
Bad debt provision 23 3
Stock-based compensation expense 172 216
Deferred income taxes 23 37
Change in assets and liabilities:    
Receivables 516 (839)
Inventories (1,304) (1,335)
Accounts payable and other accrued expenses (2,117) 1,048
Deferred revenue 10,587 (568)
Other, net (4,221) 276
Net cash provided by (used in) operating activities 3,685 (1,776)
Cash flows from investing activities:    
Capital expenditures (390) (484)
Net cash used in investing activities (390) (484)
Cash flows from financing activities:    
Proceeds from short-term borrowings 4,431 12,303
Repayments on short-term borrowings (6,019) (10,277)
Proceeds from sale-leaseback financing transaction 13,456 0
Payments on sale-leaseback financing transaction (140) 0
Payments on long-term lease obligations (58) (5)
Net cash provided by financing activities 11,670 2,021
Effect of exchange rate changes on cash, cash equivalents and restricted cash (325) (25)
Increase (decrease) in cash, cash equivalents and restricted cash 14,640 (264)
Cash, cash equivalents and restricted cash, beginning of period 6,894 5,731
Cash, cash equivalents and restricted cash, end of period $ 21,534 $ 5,467