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Stock Compensation Information (Tables)
3 Months Ended
Jul. 31, 2015
Stock Compensation Information [Abstract]  
Schedule Of Equity-Based Compensation Expense From Operations

 

 

 

 

 

 

 

Three Months Ended

 

 

July 31,

 

 

2015

 

2014

Direct costs of revenue

$

$

Product development

 

 

Selling, general and administrative

 

40 

 

22 

Total equity-based compensation

$

45 

$

27 

 

Summary Of Fair Value Assumptions

 

 

 

 

 

 

 

 

 

 

 

 

Expected term (in years)

 

 

 

4.0 

 

Risk-free interest rate

 

 

 

1.3 

%

Volatility

 

 

 

74 

%

Dividend yield

 

 

 

 -

 

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

 

 

$

0.68 

 

 

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, 2015

1,849,721 

$

1.67

 

7.62

$

56,395

    Granted 

-

 

 

 

 

 

 

    Exercised

-

 

 

 

 

 

 

    Cancelled/expired

(186,514)

 

 

 

 

 

 

Outstanding at July 31, 2015

1,663,207 

 

1.60

 

7.57

 

-

Exercisable at July 31, 2015

655,529 

$

2.76

 

5.14

$

-

    

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