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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jul. 31, 2011
Apr. 30, 2011
ASSETS    
Cash and cash equivalents $ 3,744 $ 4,577
Accounts receivable, net of allowance of $430 at July 31, 2011 and $503 at April 30, 2011 13,241 15,670
Prepaid expenses and other current assets 1,271 1,166
Total current assets 18,256 21,413
Property and equipment, net 2,803 2,240
Goodwill 25,161 25,161
Intangibles, net 11,832 12,396
Other assets, net of allowances of $88 at July 31, 2011 and $91 at April 30, 2011 1,093 1,524
Total assets 59,145 62,734
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 1,346 1,433
Current portion of long term debt 1,283 1,869
Accrued compensation and related expenses 2,261 2,894
Common stock warrant liability 1,178 1,623
Other accrued liabilities 1,379 2,131
Deferred revenue 7,102 7,951
Total current liabilities 14,549 17,901
Long term debt, net of current portion 22,153 24,731
Deferred tax liabilities, net 587 555
Other long term liabilities 1,358 1,513
Total Liabilities 38,647 44,700
Commitments and contingencies    
Stockholders' equity:    
Preferred Stock 2  
Common stock 15 15
Additional paid-in capital 99,362 95,111
Accumulated other comprehensive income 434 443
Accumulated deficit (79,315) (77,535)
Total stockholders' equity 20,498 18,034
Total liabilities and stockholders' equity $ 59,145 $ 62,734