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Provision for Income Taxes (Tables)
12 Months Ended
Apr. 30, 2013
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The components of the provision (benefit) for income taxes are as follows (in thousands):
 
 
 
Year Ended April 30, 2013
 
 
 
Federal
 
State
 
Foreign
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current
 
$
-
 
$
2
 
$
8
 
$
10
 
Deferred
 
 
(2,258)
 
 
(196)
 
 
-
 
 
(2,454)
 
Change in valuation allowance
 
 
2,258
 
 
196
 
 
-
 
 
2,454
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
-
 
$
2
 
$
8
 
$
10
 
 
 
 
Year Ended April 30, 2012
 
 
 
Federal
 
State
 
Foreign
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current
 
$
-
 
$
1
 
$
(3)
 
$
(2)
 
Deferred
 
 
(2,523)
 
 
(172)
 
 
(68)
 
 
(2,763)
 
Change in valuation allowance
 
 
2,523
 
 
172
 
 
68
 
 
2,763
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
-
 
$
1
 
$
(3)
 
$
(2)
 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
A reconciliation between the Company’s effective tax rate and the United States statutory tax rate for the years ended April 30, 2013 and 2012 is as follows:
   
 
 
Year Ended April 30,
 
 
 
2013
 
 
2012
 
 
 
 
 
 
 
 
 
 
Federal income tax at statutory rate
 
 
34.0
%
 
 
34.0
%
State income tax, net of federal benefit
 
 
2.6
 
 
 
2.3
 
Permanent differences
 
 
(0.5)
 
 
 
1.5
 
Other
 
 
1.6
 
 
 
(3.0)
 
Change in valuation allowance
 
 
(39.6)
 
 
 
(31.9)
 
Changes in tax rates
 
 
1.7
 
 
 
(2.9)
 
 
 
 
 
 
 
 
 
 
Income tax expense
 
 
(0.2)
%
 
 
-
%
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Significant components of the Company’s deferred tax assets and liabilities as of April 30, 2013 and 2012 consist of the following (in thousands):
 
 
 
As of April 30,
 
 
 
2013
 
2012
 
 
 
 
 
 
 
 
 
Accrued liabilities
 
$
89
 
$
62
 
Depreciation and amortization
 
 
51
 
 
80
 
State taxes
 
 
7
 
 
5
 
Stock-based compensation expense
 
 
3,582
 
 
2,685
 
Capitalized research and development costs
 
 
688
 
 
798
 
Foreign net operating loss carry-forward
 
 
365
 
 
265
 
Net operating loss carry-forward
 
 
4,144
 
 
2,478
 
 
 
 
 
 
 
 
 
Total deferred tax assets
 
 
8,926
 
 
6,373
 
Less: Valuation allowance
 
 
(8,926)
 
 
(6,373)
 
 
 
 
 
 
 
 
 
Net deferred tax asset
 
$
-
 
$
-