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Property and Equipment (Tables)

6 Months Ended

Oct. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Property and equipment consisted of the following (in thousands):

	October 31,			April 30,
	2012			2012
	(unaudited)
Furniture and fixtures	$	58		$	58
Computer equipment and software		526			287
Laboratory equipment		172			167
Leasehold improvements		2			2
Software in-progress		-			216

Total property and equipment		758			730
Less: Accumulated depreciation		(273	)		(170	)

Property and equipment, net	$	485		$	560

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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