(5) OTHER ASSETS

Other assets consist of:


	July 31,		April 30,
	2020		2020
	(in thousands)
Prepaid expenses and miscellaneous other, net	$	959	$	934
	$	959	$	934

Miscellaneous other, net includes property and equipment and right-of-use assets associated with leases of office facilities. Depreciation expense associated with property and equipment was $7,000 and $4,000 for the three months ended July 31, 2020 and July 31, 2019. Right-of-use assets associated with leases of office facilities were $83,000 as of July 31, 2020, and $175,000 as of July 31, 2019.