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INTERIM CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jul. 31, 2019
Apr. 30, 2019
Current assets:    
Cash $ 1,223,953 $ 1,862,458
Accounts receivable (net of allowance for doubtful accounts of $422,895 (2019 - $619,514)) 1,672,340 1,876,896
Deferred sales commission costs - current 131,068 122,777
Derivative assets 4,800 1,178
Prepaid expenses and other current assets 212,932 263,078
Total current assets 3,245,093 4,126,387
Deposits 96,601 94,829
Deferred sales commission costs - non-current 79,313 77,571
Equipment 58,850 59,914
Operating lease right-of-use assets 1,665,595  
Goodwill 6,682,112 6,541,290
Intangibles and other assets 226,577 224,795
Total Assets 12,054,141 11,124,786
Current liabilities:    
Accounts payable and accrued liabilities 2,083,750 2,233,875
Derivative liability 7,614 4,512
Unearned revenue 2,553,510 2,593,726
Other current liabilities 2,594 947
Accrued warranty 48,573 52,035
Operating lease liabilities - current 296,967  
Total current liabilities 4,993,008 4,885,095
Deferred lease inducements   4,031
Loan payable 3,000,000 3,000,000
Operating lease liabilities - non-current 1,379,049  
Unrecognized tax liability 9,763 9,763
Total liabilities 9,381,820 7,898,889
Stockholders' equity:    
Preferred stock, $0.001 par value Authorized: 100,000,000 Issued and outstanding: July 31, 2019 - nil; April 30, 2019 - nil
Common stock, $0.001 par value - Authorized: 100,000,000 Issued: July 31, 2019 - 5,953,380; April 30, 2019 - 5,950,246 5,953 5,950
Additional paid-in capital 75,741,134 75,667,533
Accumulated deficit (69,510,814) (68,581,091)
Accumulated other comprehensive loss - currency translation adjustment (3,563,952) (3,866,495)
Total stockholders' equity 2,672,321 3,225,897
Liabilities and Stockholders' Equity $ 12,054,141 $ 11,124,786