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Segment Information
9 Months Ended
Jan. 31, 2017
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
The Company operates in two reportable segments, POS and TOS. The accounting policies of the Company’s segments are the same as those described in Note 2 of the Company’s annual financial statements for the year ended April 30, 2016, as filed on Form 10-K. The Company evaluates performance of its segments based on profit or loss from operations before stock compensation expense, depreciation and amortization, interest expense, interest income, gain on sale of assets, special charges or benefits, and income taxes (“segment profit”). Management uses segment profit information for internal reporting and control purposes and considers it in making decisions regarding the allocation of capital and other resources, risk assessment, and employee compensation, among other matters. The following tables summarize, for the periods indicated, operating results by reportable segment (table in thousands):
Three months ended January 31, 2017
 
Personalized
Oncology
Solutions
(POS)
 
Translational
Oncology
Solutions
(TOS)
 
Unallocated
Corporate
Overhead
 
Consolidated
Net revenue
 
$
347

 
$
3,218

 
$

 
$
3,565

Direct cost of services
 
(320
)
 
(2,084
)
 

 
(2,404
)
Sales and marketing costs
 
(128
)
 
(591
)
 

 
(719
)
Other operating expenses
 

 
(953
)
 
(653
)
 
(1,606
)
Stock- based compensation expense (1)
 

 

 
(237
)
 
(237
)
 
 
 
 
 
 
 
 
 
Segment profit (loss)
 
$
(101
)
 
$
(410
)
 
$
(890
)
 
$
(1,401
)
 
Three months ended January 31, 2016
 
Personalized
Oncology
Solutions
(POS)
 
Translational
Oncology
Solutions
(TOS)
 
Unallocated
Corporate
Overhead
 
Consolidated
Net revenue
 
$
416

 
$
2,136

 
$

 
$
2,552

Direct cost of services
 
(479
)
 
(1,624
)
 

 
(2,103
)
Sales and marketing costs
 
(183
)
 
(569
)
 

 
(752
)
Other operating expenses
 

 
(950
)
 
(553
)
 
(1,503
)
Stock- based compensation expense (1)
 

 

 
(567
)
 
(567
)
 
 
 
 
 
 
 
 
 
Segment profit (loss)
 
$
(246
)
 
$
(1,007
)
 
$
(1,120
)
 
$
(2,373
)
 
Nine Months Ended January 31, 2017
 
Personalized
Oncology
Solutions
(POS)
 
Translational
Oncology
Solutions
(TOS)
 
Unallocated
Corporate
Overhead
 
Consolidated
Net revenue
 
$
1,354

 
$
10,337

 
$

 
$
11,691

Direct cost of services
 
(1,165
)
 
(5,916
)
 

 
(7,081
)
Sales and marketing costs
 
(397
)
 
(1,778
)
 

 
(2,175
)
Other operating expenses
 

 
(3,043
)
 
(1,911
)
 
(4,954
)
Stock- based compensation expense (1)
 

 

 
(1,901
)
 
(1,901
)
 
 
 
 
 
 
 
 
 
Segment profit (loss)
 
$
(208
)
 
$
(400
)
 
$
(3,812
)
 
$
(4,420
)
 
Nine Months Ended January 31, 2016
 
Personalized
Oncology
Solutions
(POS)
 
Translational
Oncology
Solutions
(TOS)
 
Unallocated
Corporate
Overhead
 
Consolidated
Net revenue
 
$
1,387

 
$
6,958

 
$

 
$
8,345

Direct cost of services
 
(1,634
)
 
(4,654
)
 

 
(6,288
)
Sales and marketing costs
 
(716
)
 
(1,800
)
 

 
(2,516
)
Other operating expenses
 

 
(2,755
)
 
(2,463
)
 
(5,218
)
Stock- based compensation expense (1)
 

 

 
(2,090
)
 
(2,090
)
 
 
 
 
 
 
 
 
 
Segment profit (loss)
 
$
(963
)
 
$
(2,251
)
 
$
(4,553
)
 
$
(7,767
)

(1) Stock compensation expense is shown separately and is excluded from direct costs of services, sales and marketing costs, and other operating expenses, as it is managed on a consolidated basis and is not used by management to evaluate the performance of its segments. See Note 3 for the allocation of stock compensation expense relative to the individual line items as it is reported on the Company's Consolidated Statements of Operations.
 
All of the Company’s revenue is recorded in the United States and substantially all of its long-lived assets are in the United States.