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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2018
Apr. 30, 2018
Current assets:    
Cash and cash equivalents $ 1,016 $ 856
Accounts receivable, net 3,769 3,917
Prepaid expenses and other current assets 246 287
Total current assets 5,031 5,060
Restricted cash 150 150
Property and equipment, net 2,425 2,083
Other Long Term Assets 116 116
Goodwill 669 669
Total assets 8,391 8,078
Current liabilities:    
Accounts payable 2,119 2,154
Accrued liabilities 366 569
Current portion of capital lease 137 26
Deferred revenue 4,263 4,704
Total current liabilities 6,885 7,453
Deferred rent 605 454
Capital lease, net of current portion 148 17
Other non-current liabilities 151 151
Total liabilities 7,789 8,075
Stockholders’ equity:    
Common stock, $.001 par value; 200,000,000 shares authorized; 11,297,675 and 11,277,675 shares issued and 11,027,990 and 11,003,228 shares outstanding as of July 31 2018 and April 30, 2018, respectively 11 11
Treasury stock, at cost, 269,685 common shares as of July 31, 2018 and April 30, 2018 (1,252) (1,252)
Additional paid-in capital 72,187 72,070
Accumulated deficit (70,344) (70,826)
Total stockholders’ equity 602 3
Total liabilities and stockholders’ equity $ 8,391 $ 8,078