Stockholders' Equity (Tables)
|
3 Months Ended |
Jul. 31, 2021 |
|---|
| Stockholders' Equity Note [Abstract] |
Ìý
|
| Schedule of Restricted Stock Unit Activity |
A summary of the Company’s RSU activity during the three months ended JulyÌý31, 2021 is presented below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted Stock Units |
|
Number of Shares |
|
Weighted Average Grant Price |
| Unvested balance outstanding, April 30, 2021 |
|
549,972Ìý |
|
|
$ |
6.58Ìý |
|
| Granted |
|
127,542Ìý |
|
|
6.97Ìý |
|
| Forfeits |
|
(7,920) |
|
|
9.37Ìý |
|
| Vested |
|
(15,657) |
|
|
6.26Ìý |
|
| Expired |
|
—Ìý |
|
|
—Ìý |
|
| Unvested balance outstanding, July 31, 2021 |
|
653,937Ìý |
|
|
$ |
6.07Ìý |
|
|
| Summary of Warrant Activity |
A summary of the Company’s warrant activity during the three months ended JulyÌý31, 2021 is presented below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants |
|
Number of
Shares |
|
Weighted
Average
Exercise
Price |
|
Weighted
Average
Remaining
Contractual
Term |
|
Aggregate
Intrinsic
Value |
| Balance Outstanding, April 30, 2021 |
|
374,174Ìý |
|
|
$ |
6.37Ìý |
|
|
1.90 |
|
$ |
—Ìý |
|
| Granted |
|
25,000Ìý |
|
|
$ |
6.99Ìý |
|
|
4.98 |
|
—Ìý |
|
| Exercised |
|
—Ìý |
|
|
$ |
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Surrendered |
|
—Ìý |
|
|
$ |
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Expired |
|
—Ìý |
|
|
$ |
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Balance Outstanding, July 31, 2021 |
|
399,174Ìý |
|
|
$ |
6.41Ìý |
|
|
1.85 |
|
$ |
144,000Ìý |
|
|
|
|
|
|
|
|
|
|
| Exercisable, July 31, 2021 |
|
374,174Ìý |
|
|
$ |
6.37Ìý |
|
|
1.54 |
|
$ |
144,000Ìý |
|
|
| Share-based Payment Arrangement, Option, Exercise Price Range |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| OUTSTANDING WARRANTS |
|
EXERCISABLE WARRANTS |
Exercise
Price |
|
Weighted
Average
Exercise
Price |
|
Outstanding
No. of
Warrants |
|
Weighted
Average
Exercise
Price |
|
Weighted
Average
Remaining Life
In Years |
|
Exercisable
No. of
Warrants |
| $ |
4.89Ìý |
|
|
$ |
4.89Ìý |
|
|
50,000Ìý |
|
|
$ |
4.89Ìý |
|
|
3.44 |
|
50,000Ìý |
|
| $ |
6.00Ìý |
|
|
$ |
6.00Ìý |
|
|
100,000Ìý |
|
|
$ |
6.00Ìý |
|
|
3.09 |
|
100,000Ìý |
|
| $ |
6.87Ìý |
|
|
$ |
6.87Ìý |
|
|
224,174Ìý |
|
|
$ |
6.87Ìý |
|
|
1.48 |
|
224,174Ìý |
|
| $ |
6.99Ìý |
|
|
$ |
6.99Ìý |
|
|
25,000Ìý |
|
|
$ |
—Ìý |
|
|
0.00 |
|
—Ìý |
|
| Ìý |
|
|
|
399,174Ìý |
|
|
Ìý |
|
Ìý |
|
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 |
|
|
0.17 |
|
10,423Ìý |
|
$3.24 to $4.38 |
|
$ |
3.82Ìý |
|
|
183,249Ìý |
|
|
$ |
3.80Ìý |
|
|
1.03 |
|
168,914Ìý |
|
$4.50 to $5.20 |
|
$ |
4.94Ìý |
|
|
354,778Ìý |
|
|
$ |
4.93Ìý |
|
|
1.39 |
|
310,885Ìý |
|
$5.95 to $6.28 |
|
$ |
5.95Ìý |
|
|
28,000Ìý |
|
|
$ |
5.95Ìý |
|
|
1.06 |
|
28,000Ìý |
|
$7.17 to $7.55 |
|
$ |
7.45Ìý |
|
|
473,425Ìý |
|
|
$ |
7.46Ìý |
|
|
2.07 |
|
465,425Ìý |
|
$8.57 to $9.07 |
|
$ |
8.98Ìý |
|
|
157,749Ìý |
|
|
$ |
8.98Ìý |
|
|
1.44 |
|
157,749Ìý |
|
|
|
|
|
1,207,624Ìý |
|
|
|
|
|
|
1,141,396Ìý |
|
|
| Summary of Stock Option Activity |
A summary of the Company’s stock option activity for employees and directors during the three months ended JulyÌý31, 2021, is presented below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options |
|
Number of
Shares |
|
Weighted
Average
Exercise
Price |
|
Weighted
Average
Remaining
Contractual
Term |
|
Aggregate
Intrinsic
Value |
| Balance Outstanding, April 30, 2021 |
|
1,214,473Ìý |
|
|
$ |
6.24Ìý |
|
|
1.88 |
|
$ |
204,719Ìý |
|
| Granted |
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Exercised |
|
(5,097) |
|
|
6.16Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Forfeited |
|
(1,752) |
|
|
4.68Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
| Expired |
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
|
—Ìý |
|
Balance Outstanding, JulyÌý31, 2021 |
|
1,207,624Ìý |
|
|
$ |
6.29Ìý |
|
|
1.65 |
|
$ |
1,150,849Ìý |
|
|
|
|
|
|
|
|
|
|
Exercisable, JulyÌý31, 2021 |
|
1,141,396Ìý |
|
|
$ |
6.36Ìý |
|
|
1.60 |
|
$ |
1,044,364Ìý |
|
|