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CONSOLIDATED BALANCE SHEETS - USD ($)
Apr. 30, 2018
Apr. 30, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 42,265,000 $ 46,799,000
Trade and other receivables 3,754,000 7,742,000
Inventories 16,129,000 33,099,000
Prepaid expenses 679,000 808,000
Assets of discontinued operations 5,000,000 1,426,000
Total current assets 67,827,000 89,874,000
PROPERTY AND EQUIPMENT:    
Leasehold improvements 20,686,000 20,098,000
Laboratory equipment 10,258,000 10,229,000
Furniture, fixtures, office equipment and software 4,597,000 4,385,000
Construction-in-progress 3,310,000 2,841,000
Property and equipment, gross 38,851,000 37,553,000
Less accumulated depreciation and amortization (12,372,000) (11,508,000)
Property and equipment, net 26,479,000 26,045,000
Restricted cash 1,150,000 1,150,000
Other assets 304,000 1,043,000
TOTAL ASSETS 95,760,000 118,112,000
CURRENT LIABILITIES:    
Accounts payable 1,909,000 3,000,000
Accrued payroll and related costs 2,564,000 5,055,000
Deferred revenue 10,922,000 28,500,000
Customer deposits 17,013,000 17,017,000
Other current liabilities 905,000 636,000
Liabilities of discontinued operations 4,550,000 8,723,000
Total current liabilities 37,863,000 62,931,000
Deferred rent, less current portion 2,159,000 1,599,000
STOCKHOLDERS' EQUITY:    
Preferred stock - $.001 par value; authorized 5,000,000 shares; 1,647,760 shares issued and outstanding at April 30, 2018 and 2017, respectively 2,000 2,000
Common stock - $.001 par value; authorized 500,000,000 shares; 55,689,222 and 44,014,040 shares issued and outstanding at April 30, 2018 and 2017, respectively 55,000 44,000
Additional paid-in-capital 614,810,000 590,971,000
Accumulated deficit (559,129,000) (537,435,000)
Total stockholders' equity 55,738,000 53,582,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 95,760,000 $ 118,112,000