Stockholders' Equity (Tables)
|
12 Months Ended |
Apr. 30, 2021 |
|---|
| Stockholders' Equity Note [Abstract] |
Ìý
|
| Schedule of Restricted Stock Unit Activity |
A summary of the Company’s RSU activity which were granted under the 2021 and 2018 Equity Incentive Plans during the year ended AprilÌý30, 2021 is presented below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted Stock Units |
|
Number of Shares |
|
Weighted Average Grant Price |
| Unvested balance outstanding, April 30, 2020 |
|
643,175Ìý |
|
|
$ |
5.64Ìý |
|
| Granted |
|
275,521Ìý |
|
|
9.87Ìý |
|
| Exercised |
|
—Ìý |
|
|
—Ìý |
|
| Forfeits |
|
(73,167) |
|
|
9.09Ìý |
|
| Vested |
|
(295,557) |
|
|
10.97Ìý |
|
| Expired |
|
—Ìý |
|
|
—Ìý |
|
| Unvested balance outstanding, April 30, 2021 |
|
549,972Ìý |
|
|
$ |
6.58Ìý |
|
|
| Schedule of Warrants |
A summary of the Company’s warrant activity during the year ended AprilÌý30, 2021 is presented below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants |
|
Number of Shares |
|
Weighted
Average
Exercise
Price |
|
Weighted
Average
Remaining
Contractual
Term |
|
Aggregate
Intrinsic
Value |
| Balance Outstanding, April 30, 2020 |
|
566,223Ìý |
|
|
$ |
6.22Ìý |
|
|
3.17 |
|
$950,100 |
| Granted |
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Exercised |
|
(192,049) |
|
|
5.63Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Surrendered |
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Expired |
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Balance Outstanding, April 30, 2021 |
|
374,174Ìý |
|
|
$ |
6.37Ìý |
|
|
1.9 |
|
$ |
—Ìý |
|
|
|
|
|
|
|
|
|
|
| Exercisable, April 30, 2021 |
|
374,174Ìý |
|
|
$ |
6.37Ìý |
|
|
1.9 |
|
$ |
—Ìý |
|
|
| Schedule of Exercise Price Range |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| OUTSTANDING WARRANTS |
|
EXERCISABLE WARRANTS |
Exercise
Price |
|
Weighted
Average
Exercise
Price |
|
Outstanding
Number of
Warrants |
|
Weighted
Average
Exercise
Price |
|
Weighted
Average
Remaining Life
In Years |
|
Exercisable
Number of
Warrants |
| $4.89 |
|
$ |
4.89Ìý |
|
|
50,000Ìý |
|
|
$4.89 |
|
3.44 |
|
50,000Ìý |
|
| $6.00 |
|
$ |
6.00Ìý |
|
|
100,000Ìý |
|
|
$6.00 |
|
3.09 |
|
100,000Ìý |
|
| $6.87 |
|
$ |
6.87Ìý |
|
|
224,174Ìý |
|
|
$6.87 |
|
1.48 |
|
224,174Ìý |
|
|
|
|
|
374,174Ìý |
|
|
|
|
|
|
374,174Ìý |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| OUTSTANDING OPTIONS |
|
EXERCISABLE OPTIONS |
Exercise
Price |
|
Weighted
Average
Exercise
Price |
|
Outstanding
Number of
Options |
|
Weighted
Average
Exercise
Price |
|
Weighted
Average
Remaining Life
In Years |
|
Exercisable
Number of
Options |
$2.28 to $2.76 |
|
$2.76Ìý |
|
|
10,423Ìý |
|
|
$2.76Ìý |
|
|
0.42 |
|
10,423Ìý |
|
$3.24 to $4.38 |
|
$3.82Ìý |
|
|
184,222Ìý |
|
|
$3.75Ìý |
|
|
1.07 |
|
144,387Ìý |
|
$4.50 to $5.20 |
|
$4.94Ìý |
|
|
360,654Ìý |
|
|
$4.93Ìý |
|
|
1.66 |
|
316,427Ìý |
|
$5.95 to $6.28 |
|
$6.10Ìý |
|
|
58,000Ìý |
|
|
$6.12Ìý |
|
|
1.21 |
|
58,000Ìý |
|
$7.17 to $7.55 |
|
$7.44Ìý |
|
|
443,425Ìý |
|
|
$7.42Ìý |
|
|
2.36 |
|
345,425Ìý |
|
$8.57 to $9.07 |
|
$8.98Ìý |
|
|
157,749Ìý |
|
|
$8.98Ìý |
|
|
1.69 |
|
157,749Ìý |
|
|
|
|
|
1,214,473Ìý |
|
|
|
|
|
|
1,032,411Ìý |
|
|
| Schedule of Stock Option Activity |
A summary of the Company’s stock option activity for employees and directors during the year ended AprilÌý30, 2021, is presented below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options |
|
Number of
Shares |
|
Weighted
Average
Exercise
Price |
|
Weighted
Average
Remaining
Contractual
Term |
|
Aggregate
Intrinsic
Value |
| Balance Outstanding, April 30, 2020 |
|
2,740,539Ìý |
|
|
$ |
4.62Ìý |
|
|
1.97 |
|
$ |
9,146,198Ìý |
|
| Granted |
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Exercised |
|
(1,442,241) |
|
|
10.71Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Forfeited |
|
(11,916) |
|
|
5.56Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Expired |
|
(71,909) |
|
|
3.98Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Balance Outstanding, April 30, 2021 |
|
1,214,473Ìý |
|
|
$ |
6.24Ìý |
|
|
1.88 |
|
$ |
204,719Ìý |
|
|
|
|
|
|
|
|
|
|
| Exercisable, April 30, 2021 |
|
1,032,411Ìý |
|
|
$ |
6.26Ìý |
|
|
1.78 |
|
$ |
173,852Ìý |
|
|