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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Revenue - :    
Software $ 1,200,849 $ 1,873,948
Service 1,156,397 1,153,223
Total revenue 2,357,246 3,027,171
Operating expenses:    
Cost of sales (includes depreciation of $1,806 (2014 - $23,855)) 481,932 618,054
Sales and marketing 1,187,033 1,137,768
Research and development 1,284,190 1,496,206
General and administrative 940,628 1,203,511
Total operating expenses 3,893,783 4,455,539
Loss from operations (1,536,537) (1,428,368)
Interest and other income (expense), net:    
Interest and other income 1,302 8,049
Interest expense (1,631) (355)
Fair value adjustment on derivative instruments - (39,615) 0
Foreign exchange gain (loss) 465,376 357,301
Net loss for the period $ (1,111,105) $ (1,063,373)
Net loss per share:    
Basic and diluted - $ (0.03) $ (0.02)
Weighted average common shares outstanding:    
Basic and diluted - 42,366,916 42,592,851