3. BALANCE SHEET COMPONENTS (Tables)

12 Months Ended

Apr. 30, 2014

Notes to Financial Statements

Inventory

	April 30, 2014		April 30, 2013
Raw materials	$	-	$	28,779
Finished goods		-		70,425
	$	-	$	99,204

Other current assets

	April 30, 2014		April 30, 2013
R&D materials	$	177,406	$	159,892
Other		-		7,090
Dermacyte samples		-		3,428
	$	177,406	$	170,410

Property Plant and Equipment

	April 30, 2014			April 30, 2013
Laboratory equipment	$	683,632		$	768,252
Computer equipment and software		142,380			135,697
Office furniture and fixtures		130,192			130,192
		956,204			1,034,141
Less: Accumulated depreciation and amortization		(831,830	)		(828,752	)
	$	124,374		$	205,389

Accrued Liabilities

	April 30, 2014		April 30, 2013
Employee related	$	609,130	$	66,632
Deferred revenue		124,521		185,068
Operating costs		76,632		19,865
Restructuring liability		43,728		43,728
Convertible note interest payable		4,125		59,583
Accrued settlement costs		-		500,000
	$	858,136	$	874,876

Other liabilities

	April 30, 2014			April 30, 2013
Net non-cancelable operating lease obligation	$	54,660		$	98,388
Less: current portion		(43,728	)		(43,728	)
Long-term portion of net non-cancelable operating lease obligation	$	10,932		$	54,660