Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations (Unaudited)

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Consolidated Statements of Operations (Unaudited) (USD $)
12 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Apr. 30, 2012
Income Statement [Abstract]      
Revenues $ 30,399,000 $ 27,616,000 $ 36,079,000
Costs and expenses:      
Cost of sales 24,353,000 22,042,000 27,509,000
Engineering 1,186,000 715,000 740,000
Selling, general and administrative 7,181,000 8,700,000 12,324,000
Impairment of goodwill    438,000  
Impairment of capitalized software       2,387,000
Total costs and expenses 32,720,000 31,895,000 42,960,000
Loss from operations (2,321,000) (4,279,000) (6,881,000)
Interest income    22,000   
Interest expense 306,000 311,000 386,000
Currency gain (loss) 18,000 (52,000) (65,000)
Other income       4,078,000
Total other income (expense) (288,000) (341,000) 3,627,000
Loss before income tax expense (2,609,000) (4,620,000) (3,254,000)
Income tax expense    5,000 5,000
Net loss $ (2,609,000) $ (4,625,000) $ (3,259,000)
Net loss per common share      
Basic $ (1.30) $ (2.60) $ (1.84)
Diluted $ (1.30) $ (2.60) $ (1.84)