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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Operating activities:    
Net loss $ (7,406) $ (6,330)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 2,807 2,376
Net foreign currency remeasurement loss 124 0
Depreciation expense 213 203
Change in fair value of warrant liability 965 74
Changes in operating assets and liabilities:    
Accounts receivable (825) 84
Grant receivable 0 0
Prepaid expenses, deposits and other (68) (110)
Restricted cash 27 (42)
Accounts payable (223) (472)
Accrued liabilities (24) (14)
Deferred revenue 977 (71)
Net cash used in operating activities (3,433) (4,302)
Investing activities:    
Purchase of property and equipment (234) (57)
Net cash used in investing activities (234) (57)
Financing activities:    
Private placement of common shares and warrants 0 9,141
Proceeds from exercise of options and warrants 21 0
Net cash provided by financing activities 21 9,141
Exchange rate effect on cash and cash equivalents (24) 25
Increase (decrease) in cash and cash equivalents (3,670) 4,807
Cash and cash equivalents, beginning of year 9,561 4,754
Cash and cash equivalents, end of year $ 5,891 $ 9,561