XML 39 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2013
Apr. 30, 2013
Current assets:    
Cash and cash equivalents $ 7,572 $ 9,561
Accounts receivable, net 1,462 500
Prepaid expenses and other current assets 219 315
Total current assets 9,253 10,376
Restricted cash 193 192
Property and equipment, net 387 414
Goodwill 669 669
Total assets 10,502 11,651
Current liabilities:    
Accounts payable 982 1,204
Accrued liabilities 329 611
Deferred revenue 1,958 1,114
Total current liabilities 3,269 2,929
Warrant liability 3,094 1,046
Total liabilities 6,363 3,975
Commitments and contingencies      
Redeemable common stock; $0.001 par value; 31,133,333 contingently puttable common shares outstanding as of October 31, 2013 and April 30, 2013 16,882 16,882
Stockholders' equity:    
Common stock, $.001 par value; 125,000,000 shares authorized, including redeemable common stock, 38,970,003 and 38,955,003 shares issued and 35,733,767 and 35,718,767 shares outstanding as of October 31, 2013 and April 30, 2013, respectively 39 39
Treasury stock, at cost, 3,236,236 common shares as of October 31, 2013 and April 30, 2013 (1,252) (1,252)
Additional paid-in capital 24,617 23,580
Accumulated deficit (36,023) (31,473)
Accumulated other comprehensive loss (124) (100)
Total stockholders' deficit (12,743) (9,206)
Total liabilities, redeemable common stock and stockholders' deficit $ 10,502 $ 11,651