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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Apr. 30, 2013
Accounting Policies [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table presents information about our warrant liability, which was our only financial instrument measured at fair value on a recurring basis using significant unobservable inputs (Level 3) as of April 30 (dollars in thousands):
 
 
 
2013
 
2012
 
 
 
 
 
 
 
 
 
Balance beginning of year
 
$
(555)
 
$
(972)
 
Transfers to (from) Level 3
 
 
-
 
 
-
 
Total gains (losses) included in earnings
 
 
(74)
 
 
417
 
Issuances
 
 
(417)
 
 
-
 
 
 
 
 
 
 
 
 
Balance end of year.
 
$
(1,046)
 
$
(555)
 
Property, Plant and Equipment [Table Text Block]
Property and equipment consisted of the following (in thousands):
 
 
 
April 30,
 
 
 
2013
 
2012
 
 
 
 
 
 
 
 
 
Furniture and fixtures
 
$
59
 
$
58
 
Computer equipment and software
 
 
549
 
 
287
 
Laboratory equipment
 
 
179
 
 
167
 
Leasehold improvements
 
 
2
 
 
2
 
Sortware in-progress
 
 
-
 
 
216
 
 
 
 
 
 
 
 
 
Total property and equipment
 
 
789
 
 
730
 
Less: Accumulated depreciation
 
 
(375)
 
 
(170)
 
 
 
 
 
 
 
 
 
Property and equipment, net
 
$
414
 
$
560
 
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table reflects the total potential share-based instruments outstanding at April 30, 2013 and 2012 that could have an effect on the future computation of dilution per common share:
 
 
 
Year Ended April 30,
 
 
 
2013
 
2012
 
 
 
 
 
 
 
 
 
Stock options
 
 
13,890,205
 
 
14,866,038
 
Warrants
 
 
3,276,667
 
 
1,416,667
 
Restricted stock
 
 
50,000
 
 
25,000
 
 
 
 
 
 
 
 
 
Total common stock equivalents
 
 
17,216,872
 
 
16,307,705