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Stock Compensation Information (Tables)
3 Months Ended
Jul. 31, 2014
Stock Compensation Information [Abstract]  
Schedule Of Equity-Based Compensation Expense From Operations

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

July 31,

 

 

 

2014

 

2013

 

Direct costs of revenue

$

$

 

Product development

 

 

13 

 

Selling, general, and administrative

 

22 

 

35 

 

Total equity-based compensation

$

27 

$

53 

 

 

Summary Of Fair Value Assumptions

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

July 31,

 

 

 

2014

 

2013

 

Expected term (in years)

 

4.0 

 

4.0 

 

Risk-free interest rate

 

1.3 

%

0.8 

%

Volatility

 

74 

%

57 

%

Dividend yield

 

 -

 

 -

 

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

$

0.68 

$

0.50 

 

 

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, 2014

1,254,629 

$

2.38

 

6.82

$

41,972

Granted 

196,922 

 

 

 

 

 

 

Exercised

 -

 

 

 

 

 

 

Cancelled/expired

(97,398)

 

 

 

 

 

 

Outstanding at July 31, 2014

1,354,153 

 

2.26

 

6.92

 

14,612

Exercisable at July 31, 2014

882,961 

$

2.80

 

5.76

$

2,631

    

(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 our common stock on the last trading day of the periods ended as of the dates indicated.