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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Operating activities:    
Net loss $ (6,883,882) $ (10,445,537)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation and modification expense 2,662,000 2,599,000
Depreciation and amortization expense 168,000 156,000
Allowance for doubtful accounts 24,000 30,000
Issuance of common stock for services 44,000 44,000
Changes in operating assets and liabilities:    
Accounts receivable (986,000) (282,000)
Prepaid expenses and other current assets 143,000 (97,000)
Restricted cash 0 13,000
Other long term assets (107,000) 0
Accounts payable (43,000) 482,000
Accrued liabilities 412,000 (102,000)
Other non-current liabilities (44,000) 65,000
Deferred revenue 1,771,000 1,130,000
Net cash used in operating activities (2,840,000) (6,408,000)
Investing activities:    
Purchase of property and equipment (766,000) (322,000)
Net cash used in investing activities (766,000) (322,000)
Financing activities:    
Proceeds from June 2016 public offering, net of financing costs of $742 4,340,000 0
Payment of issuance costs related to 2015 private placement 0 (18,000)
Capital lease payments (24,000) (24,000)
Net cash provided by (used in) financing activities 4,316,000 (42,000)
Increase (decrease) in cash and cash equivalents 710,000 (6,772,000)
Cash and cash equivalents, beginning of year 2,585,000 9,357,000
Cash and cash equivalents, end of year $ 3,295,000 $ 2,585,000