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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2022
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 83,962 $ 110,690
Investments 22,805 16,826
Trade accounts receivable, net    
Billed 24,127 20,619
Unbilled 2,690 2,989
Prepaid expenses and other current assets 5,384 5,067
Total current assets 138,968 156,191
Property and equipment, net of accumulated depreciation of $31,755 at October 31, 2022 and $31,242 at April 30, 2022 5,847 3,654
Capitalized software, net of accumulated amortization of $42,726 at October 31, 2022 and $42,007 at April 30, 2022 867 1,586
Goodwill 29,558 25,888
Other intangibles, net of accumulated amortization of $13,597 at October 31, 2022 and $13,228 at April 30, 2022 2,609 147
Lease right of use assets 646 935
Deferred sales commissions—noncurrent 1,702 2,050
Deferred income taxes 227 0
Other assets 2,588 2,384
Total assets 183,012 192,835
Current liabilities:    
Accounts payable 2,485 2,506
Accrued compensation and related costs 3,723 6,918
Dividends payable 3,711 3,700
Operating lease obligations 441 541
Other current liabilities 2,361 1,871
Deferred revenue 36,008 41,953
Total current liabilities 48,729 57,489
Deferred income taxes 0 1,772
Long-term operating lease obligations 250 461
Other long-term liabilities 465 137
Total liabilities 49,444 59,859
Shareholders’ equity:    
Additional paid-in capital 175,733 171,948
Retained deficit (20,438) (17,236)
Class A treasury stock, 4,588,632 shares at October 31, 2022 and April 30, 2022, at cost (25,559) (25,559)
Total shareholders’ equity 133,568 132,976
Commitments and contingencies
Total liabilities and shareholders’ equity 183,012 192,835
Class A Common Shares    
Shareholders’ equity:    
Common stock value 3,650 3,641
Class B Common Shares    
Shareholders’ equity:    
Common stock value $ 182 $ 182