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CONSOLIDATED BALANCE SHEETS (USD $)
Apr. 30, 2014
Apr. 30, 2013
Current assets:    
Cash $ 7,172,798 $ 11,229,595
Accounts receivable (net of allowance for doubtful accounts of $240,681 (2013 - $456,051)) 3,401,491 4,640,620
Prepaid expenses and deposits 161,627 139,591
Total current assets 10,735,916 16,009,806
Deposits 125,267 125,160
Equipment 154,293 167,986
Derivative instruments 0 9,830
Goodwill 8,018,578 8,660,930
Other assets 102,836 82,165
Total Assets 19,136,890 25,055,877
Current liabilities:    
Accounts payable and accrued liabilities - 2,326,763 2,363,311
Derivative instruments - 0 93,057
Unearned revenue 1,625,826 1,442,511
Customer deposits 9,553 9,553
Accrued warranty 69,159 91,151
Total current liabilities 4,031,301 3,999,583
Deferred lease inducements 0 30,110
Unrecognized tax benefit 25,631 98,575
Total liabilities 4,056,932 4,128,268
Stockholders' equity:    
Preferred stock, $0.001 par value Authorized: 100,000,000 Issued and outstanding: April 30, 2014 - 0; April 30, 2013 - 1 0 0
Common stock, $0.001 par value - Authorized: 100,000,000 Issued: April 30, 2014 - 42,599,869; April 30, 2013 - 41,958,350 42,600 41,959
Treasury stock (16) (79)
Additional paid-in capital 66,910,540 66,191,140
Accumulated deficit (50,889,038) (44,974,491)
Accumulated other comprehensive income (loss) - currency translation adjustment (984,128) (330,920)
Total stockholders' equity 15,079,958 20,927,609
Liabilities and Stockholders' Equity $ 19,136,890 $ 25,055,877