Income Taxes (Tables)
|
12 Months Ended |
Apr. 30, 2013
|
Income Tax Disclosure [Abstract] |
|
Income tax expense |
|
|
2013 |
|
|
2012 |
|
|
2011 |
|
Current: |
|
|
|
|
|
|
|
|
|
Federal |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
State |
|
|
5,000 |
|
|
|
5,000 |
|
|
|
5,000 |
|
|
|
|
5,000 |
|
|
|
5,000 |
|
|
|
5,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deferred: |
|
|
|
|
|
|
|
|
|
|
|
|
Federal |
|
|
- |
|
|
|
- |
|
|
|
- |
|
State |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Total income tax expense |
|
$ |
5,000 |
|
|
$ |
5,000 |
|
|
$ |
5,000 |
|
|
Income tax expense differs from expected tax expense |
|
|
2013 |
|
|
2012 |
|
|
2011 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Federal income tax at statutory rates |
|
$ |
(1,459,000 |
) |
|
$ |
(1,106,000 |
) |
|
$ |
(1,574,000 |
) |
State income taxes (net of Federal income tax benefit) |
|
|
(249,000 |
) |
|
|
(193,000 |
) |
|
|
(319,000 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Other |
|
|
52,000 |
|
|
|
(47,000 |
) |
|
|
(259,000 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total income tax expense (benefit) before provision for valuation allowance |
|
|
(1,656,000 |
) |
|
|
(1,346,000 |
) |
|
|
(2,152,000 |
) |
Changes in valuation allowance |
|
|
1,661,000 |
|
|
|
1,351,000 |
|
|
|
2,157,000 |
|
Total income tax expense |
|
$ |
5,000 |
|
|
$ |
5,000 |
|
|
$ |
5,000 |
|
|
The tax effect of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities |
|
|
2013 |
|
|
2012 |
|
Deferred tax assets: |
|
|
|
|
|
|
Compensated absences and severance, principally due to accruals for financial reporting purposes |
|
$ |
150,000 |
|
|
$ |
99,000 |
|
Stock-based compensation expense |
|
|
1,259,000 |
|
|
|
1,202,000 |
|
Accounts receivable, principally due to allowance for doubtful accounts and sales returns |
|
|
78,000 |
|
|
|
78,000 |
|
Property and equipment, principally due to differences in depreciation |
|
|
106,000 |
|
|
|
253,000 |
|
Intangible assets |
|
|
464,000 |
|
|
|
360,000 |
|
Inventories |
|
|
91,000 |
|
|
|
88,000 |
|
Domestic net operating losses |
|
|
9,089,000 |
|
|
|
7,491,000 |
|
Software development costs |
|
|
- |
|
|
|
- |
|
Alternative minimum tax |
|
|
438,000 |
|
|
|
438,000 |
|
Other |
|
|
61,000 |
|
|
|
66,000 |
|
Deferred tax assets |
|
|
11,736,000 |
|
|
|
10,075,000 |
|
|
|
|
|
|
|
|
|
|
Valuation allowance |
|
|
(11,736,000 |
) |
|
|
(10,075,000 |
) |
|
|
|
|
|
|
|
|
|
Net deferred tax assets |
|
$ |
0 |
|
|
$ |
0 |
|
|