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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Operating activities:    
Net loss $ (2,037,000) $ (591,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,014,000 170,000
Depreciation expense 29,000 10,000
Change in fair value of warrant liability (177,000) 0
Changes in operating assets and liabilities:    
Accounts receivable (651,000) 13,000
Grant receivable 13,000 0
Prepaid expenses, deposits and other (65,000) 109,000
Accounts payable (82,000) 165,000
Accrued liabilities (38,000) 43,000
Deferred revenue 459,000 (355,000)
Net cash used in operating activities (1,535,000) (436,000)
Investing activities:    
Purchase of property and equipment (95,000) (20,000)
Net cash used in investing activities (95,000) (20,000)
Financing activities:    
Purchase of treasury stock 0 (31,000)
Proceeds from exercise of options and warrants 4,000 0
Net cash provided by (used in) financing activities 4,000 (31,000)
Exchange rate effect on cash and cash equivalents 8,000 3,000
Decrease in cash and cash equivalents (1,618,000) (484,000)
Cash and cash equivalents, beginning of period 10,457,000 2,572,000
Cash and cash equivalents, end of period $ 8,839,000 $ 2,088,000