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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2020
Income Statement [Abstract]      
Revenue     $ 12,690,000
Operating expenses:      
Research and development $ 70,167,000 $ 41,286,000 40,194,000
General and administrative 26,446,000 16,637,000 13,029,000
Total operating expenses 96,613,000 57,923,000 53,223,000
Operating loss (96,613,000) (57,923,000) (40,533,000)
Other income:      
Interest income 1,090,000 903,000 1,830,000
Foreign currency exchange gain (loss) (1,537,000) 847,000 (367,000)
Other income 14,721,000 9,929,000 9,830,000
Total other income 14,274,000 11,679,000 11,293,000
Loss before income taxes (82,339,000) (46,244,000) (29,240,000)
Income tax (benefit) expense 0 0 (124,000)
Net loss (82,339,000) (46,244,000) (29,116,000)
Other comprehensive income (loss):      
Foreign currency translation (loss) gain (1,499,000) 1,076,000 59,000
Unrealized holding (loss) gain on available-for-sale securities (1,511,000) (473,000) 285,000
Reclassification adjustment for realized loss (gain) on available for sale securities included in net loss 581,000 (153,000) (300,000)
Total other comprehensive (loss) income: (2,429,000) 450,000 44,000
Comprehensive loss $ (84,768,000) $ (45,794,000) $ (29,072,000)
Net loss per share, basic $ (3.36) $ (2.42) $ (1.64)
Net loss per share, diluted $ (3.36) $ (2.42) $ (1.64)
Weighted average common shares outstanding, basic 24,473,092 19,094,440 17,748,666
Weighted average common shares outstanding, diluted 24,473,092 19,094,440 17,748,666