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Stock Compensation Information (Tables)
3 Months Ended
Jul. 31, 2013
Stock Compensation Information [Abstract]  
Schedule Of Equity-Based Compensation Expense From Operations

 

 

 

 

 

 

 

Three Months Ended

 

 

July 31,

 

 

2013

 

2012

Direct costs of revenue

$

$

10 

Product development

 

13 

 

25 

Selling, general, and administrative

 

35 

 

141 

Total equity-based compensation

$

53 

$

176 

 

Summary Of Remaining Unrecognized Compensation Expense

 

 

 

 

Fiscal Year Ending April 30,

 

 

Amount

Remainder of 2014

 

$

112 

2015

 

 

94 

2016

 

 

69 

2017

 

 

22 

2018

 

 

Total

 

$

299 

 

Summary Of Fair Value Assumptions

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

July 31,

 

 

 

2013

 

2012

 

Expected term (in years)

 

4.0 

 

4.0 

 

Risk-free interest rate

 

0.8 

%

0.5 

%

Volatility

 

57 

%

77 

%

Dividend yield

 

 -

 

 -

 

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

$

1.12 

$

1.09 

 

 

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, 2013

1,814,559 

$

2.83

 

6.92

$

15,551

Granted 

204,000 

 

1.12

 

 

 

 

Exercised

 -

 

 -

 

 

 

 

Cancelled/expired

(323,706)

 

2.44

 

 

 

 

Outstanding at July 31, 2013

1,694,853 

 

2.69

 

6.87

 

87,649

    

(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

 

 

 

fair

 

Shares

 

value

Non-vested at April 30, 2013

447,516 

 

1.32

Granted 

204,000 

 

0.49

Vested

(79,426)

 

1.33

Cancelled/expired

(136,452)

 

1.11

Non-vested at July 31, 2013

435,638 

 

0.89