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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Apr. 30, 2015
Apr. 30, 2014
Operating activities:        
Net loss $ (7,872) $ (9,463) $ (13,140) $ (7,406)
Adjustments to reconcile net loss to net cash used in operating activities:        
Stock-based compensation expense 2,090 2,284 3,162 2,807
Net foreign currency remeasurement loss     0 124
Depreciation expense 114 166 214 213
Provision for bad debts 33 0    
Change in fair value of warrant liability 0 (1,401) (981) 965
Modification of warrant liability     586 0
Gain/loss on sales of assets     5 0
Changes in operating assets and liabilities:        
Accounts receivable (1,078) 233 265 (825)
Prepaid expenses and other current assets (68) 125 37 (68)
Restricted cash 13 2 2 27
Accounts payable 101 381 433 (223)
Accrued liabilities (116) (167) (232) (24)
Other non-current liability 64 0 100 0
Deferred revenue 866 218 (82) 977
Net cash used in operating activities (5,853) (7,622) (9,630) (3,433)
Investing activities:        
Purchase of property and equipment (176) (84) (119) (234)
Proceeds from sale of fixed assets     5 0
Net cash used in investing activities (176) (84) (114) (234)
Financing activities:        
Private placement financing, net of financing costs of $880k     11,220 0
Proceeds from executive note financing 0 2,000 2,000 0
Payment of issuance costs related to March 2015 Private Placement (18) 0    
Capital lease payments (17) (5) (12) 0
Proceeds from exercise of options 0 2 2 21
Net cash (used in)/provided by financing activities (35) 1,997 13,210 21
Exchange rate effect on cash and cash equivalents     0 (24)
Decrease in cash and cash equivalents (6,064) (5,709) 3,466 (3,670)
Cash and cash equivalents, beginning of period 9,357 5,891 5,891 9,561
Cash and cash equivalents, end of period 3,293 182 9,357 5,891
Non-cash investing activities:        
Purchase equipment under capital lease $ 0 $ 124 124 0
Conversion of executive note financing     2,000 0
Reclassification of warrant liability to equity     $ 1,616 $ 0