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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jul. 31, 2012
Apr. 30, 2012
ASSETS    
Cash and cash equivalents $ 2,916 $ 4,716
Accounts receivable, net 639 584
Prepaid expenses and other current assets 208 205
Total current assets 3,763 5,505
Restricted cash 188 188
Property and equipment, net 525 560
Goodwill 669 669
Total assets 5,145 6,922
LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS' DEFICIT    
Accounts payable 1,291 1,676
Accrued liabilities 344 625
Deferred revenue 918 1,185
Total current liabilities 2,553 3,486
Warrant liability 270 555
Total liabilities 2,823 4,041
Redeemable common stock; $0.001 par value; 12,533,333 contingently puttable common shares outstanding as of July 31, 2012 and April 30, 2012 8,159 8,159
Stockholders' equity:    
Preferred stock, $10 par value; 56,075 shares authorized; no shares issued and outstanding as of July 31, 2012 and April 30, 2012 0 0
Common stock, $.001 par value 125,000,000 shares authorized, including redeemable common stock, 37,740,345 shares issued and 34,504,109 shares outstanding as of July 31, 2012 and April 30, 2012 38 38
Treasury stock, at cost, 3,236,236 common shares as of July 31, 2012 and April 30, 2012 (1,252) (1,252)
Additional paid-in capital 21,943 21,204
Accumulated deficit (26,466) (25,143)
Accumulated other comprehensive loss (100) (125)
Total stockholders' deficit (5,837) (5,278)
Total liabilities, redeemable common stock and stockholders' deficit $ 5,145 $ 6,922