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Stock Compensation Information (Tables)
6 Months Ended
Oct. 31, 2012
Stock Compensation Information [Abstract]  
Schedule Of Equity-Based Compensation Expense From Operations

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

October 31,

 

October 31,

 

 

2012

 

2011

 

2012

 

2011

Direct costs of revenue

$

$

19 

$

18 

$

37 

Product development

 

23 

 

40 

 

48 

 

79 

Selling, general and administrative

 

123 

 

187 

 

264 

 

357 

Total equity-based compensation

$

154 

$

246 

$

330 

$

473 

 

Summary Of Remaining Unrecognized Compensation Expense

 

 

 

Fiscal Year Ending April 30,

 

Amount

Remainder of 2013

$

285 

2014

 

371 

2015

 

211 

2016

 

74 

2017

 

Total

$

943 

 

Summary Of Fair Value Assumptions

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

October 31,

 

 

 

2012

 

2011

 

Expected term (in years)

 

4.0 

 

4.0 

 

Risk-free interest rate

 

0.5 

%

0.8 

%

Volatility

 

80 

%

89 

%

Dividend yield

 

 -

 

 -

 

Weighted-average fair value of stock options granted during the year

$

1.02 

$

2.39 

 

 

Summary Of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

Weighted-

 

 

 

 

 

average

 

average remaining

 

Aggregate

 

 

 

exercise

 

contractual

 

intrinsic

 

Shares

 

price

 

term (in years)

 

value (1)

Outstanding at April 30, 2012

2,632,115 

$

3.18

 

7.24

$

4,449

Granted 

384,500 

 

1.27

 

 

 

 

Exercised

 -

 

 -

 

 

 

 

Cancelled/expired

(421,468)

 

2.70

 

 

 

 

Outstanding at October 31, 2012

2,595,147 

$

2.97

 

7.19

$

32,377

    

(1)             Aggregate intrinsic value is defined as the difference between the current market value and the exercise price and is estimated using the closing price of the Company’s common stock on the last trading day of the periods ended as of the dates indicated.

Summary Of Non-Vested Stock Option Activity

 

 

 

 

 

 

 

Weighted-

 

 

 

average

 

 

 

grant date

 

Shares

 

fair value

Nonvested at April 30, 2012

1,005,036 

$

1.61

Granted 

384,500 

 

1.02

Vested

(250,605)

 

1.59

Cancelled/expired

(233,743)

 

1.51

Nonvested at October 31, 2012

905,188 

 

1.34