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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Apr. 30, 2012
Apr. 30, 2011
ASSETS    
Cash and cash equivalents $ 4,754 $ 10,457
Accounts receivable, net 584 585
Grant receivable 0 517
Prepaid expenses and other current assets 205 276
Total current assets 5,543 11,835
Restricted cash 150 0
Property and equipment, net 560 146
Goodwill 669 669
Total assets 6,922 12,650
LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable 1,676 1,580
Accrued liabilities 625 302
Deferred revenue 1,185 1,618
Total current liabilities 3,486 3,500
Warrant liability 555 972
Total liabilities 4,041 4,472
Commitments and contingencies      
Redeemable common stock; $0.001 par value; 12,533,333 contingently puttable common shares outstanding as of April 30, 2012 and 2011 8,159 8,159
Stockholders' equity (deficit):    
Preferred stock, $10 par value; 56,075 shares authorized; no shares issued and outstanding as of April 30, 2012 and 2011 0 0
Common stock, $.001 par value; 125,000,000 shares authorized including redeemable common stock; 37,740,345 and 36,956,667 shares issued and 34,529,000 and 33,870,000 shares outstanding as of April 30, 2012 and 2011, respectively 38 37
Treasury stock, at cost, 3,236,000 common shares as of April 30, 2012 and 2011 (1,252) (1,252)
Additional paid-in capital 21,204 17,784
Accumulated deficit (25,143) (16,482)
Accumulated other comprehensive loss (125) (68)
Total stockholders' equity (deficit) (5,278) 19
Total liabilities, redeemable common stock and stockholders' equity (deficit) $ 6,922 $ 12,650