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INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2016
Oct. 31, 2015
Revenue - :        
Software $ 1,242,860 $ 1,753,129 $ 2,898,863 $ 2,953,978
Subscription, support and maintenance 957,891 875,901 1,913,187 1,714,039
Professional services and other 550,362 400,309 965,057 718,568
Total revenue 2,751,113 3,029,339 5,777,107 5,386,585
Operating expenses:        
Cost of sales (includes depreciation of $3,390 (2015 - $3,612)) 476,547 495,633 973,663 977,565
Sales and marketing 988,540 1,034,349 1,950,409 2,221,382
Research and development 1,150,515 1,116,456 2,309,176 2,400,646
General and administrative 871,608 771,135 1,853,079 1,711,763
Total operating expenses 3,487,210 3,417,573 7,086,327 7,311,356
Loss from operations (736,097) (388,234) (1,309,220) (1,924,771)
Interest and other income (expense), net:        
Interest and other income 173 1,472 186 2,774
Interest expense 0 (454) 0 (2,085)
Fair value adjustment on derivative instruments 0 (8,075) 0 (47,690)
Foreign exchange gain 171,904 61,835 381,103 527,211
Net loss for the period $ (564,020) $ (333,456) $ (927,931) $ (1,444,561)
Net loss per share:        
Basic and diluted $ (0.12) $ (0.08) $ (0.20) $ (0.33)
Weighted average common shares outstanding:        
Basic and diluted 4,554,226 4,425,343 4,552,371 4,331,017