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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Cash flows from operating activities:    
Net loss for the period $ (1,111,105) $ (1,063,373)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 73,778 67,510
Stock-based compensation 361,522 368,612
Fair value adjustment on derivative instruments 39,615 0
Foreign exchange gain (154,365) (348,247)
Changes in assets and liabilities:    
Accounts receivable 237,248 518,036
Prepaid expenses and deposits 52,762 (5,179)
Other assets 0 (11,286)
Accounts payable and accrued liabilities (338,463) 113,223
Unearned revenue 243,055 63,916
Deferred lease inducements (6,032) 59,778
Accrued warranty (7,297) 3,459
Customer deposits 8,070 0
Net cash used in operating activities (601,212) (233,551)
Cash flows from investing activities:    
Purchase of equipment (7,847) (73,699)
Net cash used in investing activities (7,847) (73,699)
Cash flows from financing activities:    
Common stock issued 36,378 2
Common stock repurchased (17,896) (55,673)
Net cash provided by (used in) financing activities 18,482 (55,671)
Foreign exchange effect on cash (47,224) 42,140
Net decrease in cash (637,801) (320,781)
Cash, beginning of the period 2,852,422 7,172,798
Cash, end of the period 2,214,621 6,852,017
Supplemental disclosure of cash flow information Cash paid for:    
Interest 1,631 355
Income taxes paid $ 0 $ 0