Property and Equipment (Tables)

3 Months Ended

Jul. 31, 2024

Property, Plant and Equipment [Abstract]

Summary of property and equipment

Property and equipment consisted of the following (table in thousands):

	July 31, 2024		April 30, 2024
Furniture and fixtures	$	246	$	246
Computer equipment and software	2,152		2,152
Capitalized software development costs	1,888		1,888
Laboratory equipment	11,506		11,506
Assets in progress	3		3
Leasehold improvements	317		317
Total property and equipment	16,112		16,112
Less: Accumulated depreciation and amortization	(10,840)		(10,391)
Property and equipment, net	$	5,272	$	5,721

Summary of assets and liabilities

Financing lease assets (lab equipment) and lease liabilities related to our current financing leases are as follows (in thousands):

	July 31, 2024		April 30, 2024
Financing lease net asset	$	333	$	370
Current portion of financing lease liabilities	151		150
Non-current portion of financing lease liabilities	182		220

ROU assets and lease liabilities related to our current operating leases are as follows (in thousands):

	July 31, 2024		April 30, 2024
Operating lease right-of-use assets, net	$	5,963	$	6,252
Current portion of operating lease liabilities	1,369		1,337
Non-current portion of operating lease liabilities	5,738		6,093

Finance lease, liability, to be paid, maturity

Future minimum lease payments due each fiscal year as follows (in thousands):

2025 (remaining)	$	120
2026	140
2027	80
2028	6
Thereafter	—
Total undiscounted liabilities	346
Less: Imputed interest	(13)
Present value of minimum lease payments	$	333