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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2022
Apr. 30, 2021
Current assets:    
Cash and cash equivalents $ 45,577 $ 50,592
Marketable securities 149,212 198,337
Research and development tax credit receivable 11,287 10,418
Prepaid expenses and other current assets 8,388 4,917
Total current assets 214,464 264,264
Property and equipment, net 2,215 1,791
Right of use assets 8,180 5,758
Other assets 193 200
Total assets 225,052 272,013
Current liabilities:    
Accounts payable 2,185 1,981
Accrued expenses 6,450 6,930
Lease liability - current portion 1,014 863
Total current liabilities 9,649 9,774
Long-term liabilities:    
Lease liability - net of current portion 7,467 5,046
Total long-term liabilities 7,467 5,046
Commitments and contingencies (Note 5)
Stockholders’ equity    
Common stock, $0.001 par value, 100,000,000 authorized Shares issued and outstanding: 24,537,094 at January 31, 2022 and 24,422,531 at April 30, 2021 24 24
Additional paid-in capital 436,313 426,437
Accumulated deficit (226,062) (167,836)
Accumulated other comprehensive loss (2,339) (1,432)
Total stockholders’ equity 207,936 257,193
Total liabilities and stockholders’ equity $ 225,052 $ 272,013