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Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.21.2
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