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INTERIM CONSOLIDATED BALANCE SHEETS (USD $)
Oct. 31, 2013
Apr. 30, 2013
Current assets:    
Cash and cash equivalents $ 9,423,773 $ 11,229,595
Accounts receivable (net of allowance for doubtful accounts of $330,905 and $456,051, respectively) 3,585,191 4,640,620
Prepaid expenses and deposits 103,770 139,591
Total current assets 13,112,734 16,009,806
Deposits 127,770 125,160
Equipment 120,709 167,986
Derivative instruments - 0 9,830
Goodwill - (e) 8,398,158 8,660,930
Other assets 98,090 82,165
Total Assets 21,857,461 25,055,877
Current liabilities:    
Accounts payable and accrued liabilities 2,262,103 2,363,311
Derivative instruments - 9,814 93,057
Unearned revenue 1,533,841 1,442,511
Customer deposits 9,553 9,553
Accrued warranty 77,221 91,151
Total current liabilities 3,892,532 3,999,583
Deferred lease inducements 14,570 30,110
Unrecognized tax benefit 98,575 98,575
Total liabilities 4,005,677 4,128,268
Stockholders' equity:    
Preferred stock, $0.001 par value Authorized: 100,000,000 Issued and outstanding: October 31, 2013 - nil; April 30, 2013 - 1 0 0
Common stock, $0.001 par value - Authorized: 100,000,000 Issued: October 31, 2013 - 42,080,937; April 30, 2013 - 41,958,350 42,081 41,959
Treasury stock (25) (79)
Additional paid-in capital 66,735,885 66,191,140
Accumulated deficit (48,311,010) (44,974,491)
Accumulated other comprehensive income (loss) - currency translation adjustment (615,147) (330,920)
Total stockholders' equity 17,851,784 20,927,609
Liabilities and Stockholders' Equity $ 21,857,461 $ 25,055,877