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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Operating activities:    
Net income $ 548 $ 362
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Stock-based compensation expense 912 598
Depreciation and amortization expense 1,627 1,184
Net gain on disposal of equipment (4) 0
Operating lease right-of-use assets 786 398
Gain on termination of operating lease 0 (75)
Allowance for doubtful accounts 292 49
Changes in operating assets and liabilities:    
Accounts receivable (2,818) (2,265)
Prepaid expenses and other current assets (187) (572)
Accounts payable 974 (1,246)
Accrued liabilities 183 (316)
Operating lease liabilities (631) (242)
Other non-current liability 0 3
Deferred revenue 4,815 441
Net cash provided by (used in) operating activities 6,497 (1,681)
Investing activities:    
Purchase of property and equipment (2,384) (3,281)
Refund of security deposit 0 112
Net cash used in investing activities (2,384) (3,169)
Financing activities:    
Proceeds from exercise of options and warrants 207 1,369
Finance lease payments 0 (174)
Net cash provided by financing activities 207 1,195
Increase (decrease) in cash 4,320 (3,655)
Cash, beginning of year 4,687 8,342
Cash, end of year 9,007 4,687
Non-cash financing and investing activities:    
Right-of-use assets obtained in exchange for operating lease liabilities $ 205 $ 6,121