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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jul. 31, 2011
Apr. 30, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 16,540,000 $ 23,075,000
Trade and other receivables, net 1,087,000 1,389,000
Government contract receivables 0 93,000
Inventories, net 4,481,000 5,284,000
Prepaid expenses and other current assets, net 853,000 974,000
Total current assets 22,961,000 30,815,000
Property, net 2,441,000 2,209,000
Other assets 1,613,000 1,742,000
TOTAL ASSETS 27,015,000 34,766,000
CURRENT LIABILITIES:    
Accounts payable 2,959,000 4,046,000
Accrued clinical trial and related fees 2,786,000 2,292,000
Accrued payroll and related costs 1,532,000 1,455,000
Notes payable, current portion and net of discount 829,000 1,321,000
Deferred revenue 4,145,000 5,617,000
Customer deposits 289,000 1,759,000
Other current liabilities 1,253,000 1,189,000
Total current liabilities 13,793,000 17,679,000
Deferred revenue 554,000 632,000
Other long-term liabilities 871,000 1,037,000
Commitments and contingencies    
STOCKHOLDERS' EQUITY:    
Preferred stock-$0.001 par value; authorized 5,000,000 shares; non-voting; nil shares outstanding 0 0
Common stock-$0.001 par value; authorized 325,000,000 shares; outstanding – 71,749,718 and 69,837,142, respectively 72,000 70,000
Additional paid-in capital 315,822,000 311,353,000
Accumulated deficit (304,097,000) (296,005,000)
Total stockholders’ equity 11,797,000 15,418,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 27,015,000 $ 34,766,000