XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
INTERIM CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Revenue    
Software $ 829,685 $ 1,009,824
Subscription, support and maintenance 2,082,799 1,421,862
Professional services and other 516,722 141,982
Total revenue 3,429,206 2,573,668
Operating expenses:    
Cost of sales 555,889 511,360
Sales and marketing 852,974 970,593
Research and development 1,030,136 1,131,848
General and administrative 709,920 644,713
Total operating expenses 3,148,919 3,258,514
Income (loss) from operations 280,287 (684,846)
Interest and other (expense) income, net:    
Interest expense, net (71,205) (70,573)
Foreign exchange loss (346,394) (174,890)
Change in fair value of derivative instruments 161,926 586
Total interest and other (expense) income, net (255,673) (244,877)
Net income (loss) for the period $ 24,614 $ (929,723)
Net income (loss) per share    
Basic $ 0.00 $ (0.16)
Diluted $ 0.00 $ (0.16)
Weighted average common shares outstanding:    
Basic 6,273,833 5,952,122
Diluted 7,224,184 5,952,122