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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Jan. 31, 2016
Jan. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (43,768,000) $ (38,223,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 3,740,000 5,280,000
Depreciation and amortization 921,000 803,000
Loss on disposal of property and equipment 14,000 1,000
Changes in operating assets and liabilities:    
Trade and other receivables, net (4,786,000) (4,952,000)
Inventories (7,835,000) (618,000)
Prepaid expenses and other current assets, net (991,000) 485,000
Other non-current assets (211,000) (1,000)
Accounts payable (4,289,000) 1,870,000
Accrued clinical trial and related fees 3,065,000 (1,316,000)
Accrued payroll and related expenses (109,000) (121,000)
Deferred revenue 8,788,000 219,000
Customer deposits 11,070,000 2,551,000
Other accrued expenses and current liabilities 610,000 1,000
Deferred rent (193,000) 410,000
Net cash used in operating activities (33,974,000) (33,611,000)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property and equipment acquisitions (7,909,000) (4,805,000)
Decrease in other assets 426,000 1,139,000
Net cash used in investing activities (7,483,000) (3,666,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock, net of issuance costs of $633,000 and $193,000, respectively 43,498,000 7,205,000
Proceeds from issuance of Series E preferred stock, net of issuance costs of $1,000 and $553,000, respectively 59,000 9,567,000
Proceeds from issuance of common stock under Employee Stock Purchase Plan 334,000 307,000
Proceeds from exercise of stock options, net of issuance costs of $1,000 and $3,000, respectively 138,000 277,000
Dividends paid on preferred stock (3,103,000) (2,318,000)
Principal payments on capital leases 0 (13,000)
Net cash provided by financing activities 40,926,000 15,025,000
NET DECREASE IN CASH AND CASH EQUIVALENTS (531,000) (22,252,000)
CASH AND CASH EQUIVALENTS, beginning of period 68,001,000 77,490,000
CASH AND CASH EQUIVALENTS, end of period 67,470,000 55,238,000
SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Accounts payable and other liabilities for purchase of property and equipment 1,748,000 2,510,000
Lease incentives $ 0 $ 370,000