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6 Months Ended
Oct. 31, 2013
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The Company’s chief operating decision maker reviews financial information presented on a consolidated basis, accompanied by disaggregated information about revenues by geographic region for purposes of making operating decisions and assessing financial performance. Accordingly, the Company has concluded that it has one reportable operating segment.

   
 

Revenues are based on the country in which the customer is located. The following is a summary of total revenues by geographic area for the three and six months ended October 31, 2013 and 2012:


      Three Months Ended     Six Months Ended  
      October 31,     October 31,  
      2013     2012     2013     2012  
  North America $ 1,880,466   $ 2,263,483   $ 3,774,573   $ 5,184,000  
  Europe   286,103     735,177     711,134     1,426,290  
  Asia and Africa   232,382     276,342     504,502     833,029  
  Latin America   147,859     287,785     416,088     507,236  
    $ 2,546,810   $ 3,562,787   $ 5,406,297   $ 7,950,555  

Contained within the results of North America for the three and six months ended October 31, 2013 are revenues from the United States of $1,491,481 and $2,700,339 (2012 - $1,865,651 and $3,800,737), respectively, and from Canada of $388,985 and $1,074,234 (2012 - $397,832 and $1,383,263), respectively.

Contained within the results of Europe for the three and six months ended October 31, 2013 are revenues from the United Kingdom of $48,502 and $210,642 (2012 - $182,250 and $305,396), respectively, from Germany of $50,963 and $98,124 (2012 - $58,088 and $188,501), respectively, from Greece of $44,525 and $50,195 (2012 - $11,525 and $43,754), respectively, from France of $15,022 and $36,395 (2012 - $216,871 and $233,664), respectively, and from Norway of $19,470 and $33,077 (2012 - $35,424 and $214,805), respectively.

Contained within the results of Asia and Africa for the three and six months ended October 31, 2013 are revenues from Japan of $42,640 and $197,308 (2012 - $118,249 and $474,129), respectively, from Australia of $25,906 and $51,196 (2012 - $24,782 and $45,084), respectively, from the United Arab Emirates of $25,025 and $25,907 (2012 - $nil and $nil), respectively, from South Africa of $18,028 and $38,717 (2012 - $11,302 and $28,837), respectively, and from China of $17,858 and $42,213 (2012 - $38,884 and $116,142), respectively.

Contained within the results of Latin America for the three and six months ended October 31, 2013 are revenues from Colombia of $78,950 and $137,010 (2012 - $49,209 and $59,910), respectively, from Mexico of $33,995 and $185,843 (2012 - $99,192 and $119,761), respectively, from Brazil of $17,506 and $39,756 (2012 - $8,062 and $153,551), respectively, and from Chile of $5,427 and $24,264 (2012 - $102,031 and $106,172), respectively.

 

All of the Company’s long-lived assets, which include equipment, intangible assets, goodwill and other assets, are located in Canada and the United States as follows:


      As at  
      October 31,     April 30,  
      2013     2013  
  Canada $ 8,547,832   $ 8,796,202  
  United States   69,125     114,879  
    $ 8,616,957   $ 8,911,081  

Revenue from significant customers for the three and six months ended October 31, 2013 and 2012 is summarized as follows:

      Three Months Ended     Six Months Ended  
      October 31,     October 31,  
      2013     2012     2013     2012  
  Customer A   8%     10%     9%     8%  
  Customer B   7%     1%     4%     9%  
      15%     11%     13%     17%  

 

Accounts receivable balances for Customer A were $335,837 as at October 31, 2013 (April 30, 2013 - $321,344). Accounts receivable balances for Customer B were $159,000 as at October 31, 2013 (April 30, 2013 - $663,643).