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INTERIM CONSOLIDATED BALANCE SHEETS - USD ($)
Oct. 31, 2016
Apr. 30, 2016
Current assets:    
Cash and cash equivalents $ 1,919,765 $ 2,159,738
Accounts receivable (net of allowance for doubtful accounts of $370,569 and $547,173, respectively) 2,990,040 3,209,279
Prepaid expenses and deposits 109,866 184,644
Total current assets 5,019,671 5,553,661
Deposits 92,819 93,868
Equipment 143,371 142,563
Goodwill 6,556,815 7,001,228
Other assets 178,042 174,811
Total Assets 11,990,718 12,966,131
Current liabilities:    
Accounts payable and accrued liabilities 1,873,993 1,943,108
Accrued warranty 59,765 61,356
Customer deposits 7,719 2,384
Unearned revenue 2,128,837 1,808,857
Total current liabilities 4,070,314 3,815,705
Deferred lease inducements 28,284 35,379
Unrecognized tax benefit 10,563 10,563
Total liabilities 4,109,161 3,861,647
Stockholders' equity - :    
Preferred stock, $0.001 par value Authorized: 100,000,000 Issued and outstanding: October 31, 2016 - nil; April 30, 2016 - nil 0 0
Common stock, $0.001 par value - Authorized: 10,000,000 Issued and outstanding: October 31, 2016 - 4,553,548; April 30, 2016 - 4,542,348 4,554 4,542
Treasury stock (1) 0
Additional paid-in capital 70,622,354 70,065,082
Accumulated deficit (58,950,431) (58,022,500)
Accumulated other comprehensive loss - currency translation adjustment (3,794,919) (2,942,640)
Total stockholders' equity 7,881,557 9,104,484
Liabilities and Stockholders' Equity $ 11,990,718 $ 12,966,131