Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Jan. 31, 2013
Jan. 31, 2012
Jan. 31, 2013
Jan. 31, 2012
Income Statement [Abstract]        
Revenues $ 6,438,961 $ 8,420,135 $ 21,396,469 $ 29,095,949
Costs and expenses:        
Cost of sales 4,928,798 6,749,616 17,005,203 22,010,316
Engineering 152,388 181,142 548,224 560,505
Selling, general and administrative 2,069,826 3,149,333 6,613,321 9,978,428
Impairment of capitalized software    2,387,241    2,387,241
Total costs and expenses 7,151,012 12,467,332 24,166,748 34,936,490
Loss from operations (712,051) (4,047,197) (2,770,279) (5,840,541)
Other income (expense):        
Interest expense, net (73,586) (100,077) (216,336) (298,294)
Currency gain (loss), net 3,974 (30,456) (18,522) (71,727)
Total other expense, net (69,612) (130,533) (234,858) (370,021)
Loss before income taxes (781,663) (4,177,730) (3,005,137) (6,210,562)
Income tax expense    4,881    4,881
Net loss $ (781,663) $ (4,182,611) $ (3,005,137) $ (6,215,443)
Net loss per share of common stock        
Basic $ (0.44) $ (2.34) $ (1.68) $ (3.52)
Diluted $ (0.44) $ (2.34) $ (1.68) $ (3.52)