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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Oct. 31, 2015
Oct. 31, 2014
REVENUES:        
Contract manufacturing revenue $ 9,523,000 $ 6,263,000 $ 18,902,000 $ 11,759,000
License revenue 0 37,000 292,000 37,000
Total revenues 9,523,000 6,300,000 19,194,000 11,796,000
COSTS AND EXPENSES:        
Cost of contract manufacturing 4,741,000 4,139,000 9,349,000 7,722,000
Research and development 14,190,000 10,003,000 28,108,000 20,204,000
Selling, general and administrative 4,416,000 4,295,000 9,315,000 9,178,000
Total costs and expenses 23,347,000 18,437,000 46,772,000 37,104,000
LOSS FROM OPERATIONS (13,824,000) (12,137,000) (27,578,000) (25,308,000)
Interest and other income 626,000 37,000 657,000 79,000
NET LOSS (13,198,000) (12,100,000) (26,921,000) (25,229,000)
COMPREHENSIVE LOSS (13,198,000) (12,100,000) (26,921,000) (25,229,000)
Series E preferred stock accumulated dividends (1,380,000) (1,031,000) (2,413,000) (1,802,000)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (14,578,000) $ (13,131,000) $ (29,334,000) $ (27,031,000)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - Basic and Diluted 203,942,411 179,962,275 200,629,892 179,540,265
BASIC AND DILUTED LOSS PER COMMON SHARE $ (.07) $ (.07) $ (.15) $ (.15)