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Balance Sheets (Unaudited) (USD $)
Oct. 31, 2011
Apr. 30, 2011
ASSETS    
Cash and cash equivalents $ 2,004,257 $ 951,944
Accounts receivable 7,559 138,867
Government grant receivable 375,725 0
Inventory 95,720 257,382
Prepaid expenses 106,983 275,876
Other current assets 283,280 8,142
Total current assets 2,873,524 1,632,211
Property and equipment, net 351,070 442,586
Debt issuance costs, net 342,967 0
Intangible assets, net 831,407 699,951
Other assets 149,652 147,608
Total assets 4,548,620 2,922,356
LIABILITIES AND STOCKHOLDERS’ DEFICIT    
Accounts payable 781,509 889,376
Accrued liabilities 1,307,203 1,250,573
Current portion of notes payable, net 7,195 43,295
Total current liabilities 2,095,907 2,183,244
Long-term portion of notes payable, net 6,178,470 4,463,635
Total liabilities 8,274,377 6,646,879
Stockholders' deficit    
Preferred stock, undesignated, authorized 10,000,000 shares; none issued or outstanding 0 0
Common stock, par value $.0001 per share; authorized 400,000,000 shares; issued and outstanding 23,857,671 and 23,393,307, respectively 2,386 2,339
Additional paid-in capital 93,986,723 88,189,012
Deficit accumulated during the development stage (97,714,866) (91,915,874)
Total stockholders’ deficit (3,725,757) (3,724,523)
Total liabilities and stockholders' deficit $ 4,548,620 $ 2,922,356