Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.5.0.2
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Preferred Stock Series A
Preferred Stock Series B
Common Stock Purchase Agreement
Additional paid-in capital
Shares to be Issued
Accumulated deficit
Total
Beginning balance, value at Apr. 30, 2014     $ 1,000 $ 22,645,000   $ (20,661,000) $ 1,985,000
Beginning balance, shares at Apr. 30, 2014     803,504        
Net loss           (3,829,000) (3,829,000)
Stock-based compensation, value       14,000     14,000
Fair value detachable warrants       562,000     562,000
Beneficial conversion feature of convertible notes payable       188,000     188,000
Issuance of common shares in connection with sales of preferred stock, shares     60,833        
Issuance of common shares for cash, value       366,000     366,000
Issuance of common shares for cash, shares     61,000        
Issuance of Series A Preferred stock and warrants for cash, value $ 1,857,000     974,000     2,831,000
Issuance of Series A Preferred stock and warrants for cash, shares 626,600            
Non-cash preferred stock dividend       (111,000) $ 111,000   0
Common shares issued for preferred series A stock dividend, value             0
Issuance of series B preferred for extinguishment of convertible debt, shares     60,833        
Conversion of series B preferred stock to common shares, shares             0
Ending balance,value at Apr. 30, 2015 $ 1,857,000   $ 1,000 24,638,000 111,000 (24,490,000) 2,117,000
Ending balance,shares at Apr. 30, 2015 626,600   925,337        
Net loss           $ (1,221,000) (1,221,000)
Stock-based compensation, value       620,000     620,000
Stock-based compensation, shares     79,556        
Issuance of common shares in connection with sales of preferred stock, shares   55,083          
Issuance of common shares for cash, value       500,000     500,000
Issuance of common shares for cash, shares     166,667        
Common shares surrendered, shares     (2,422)        
Common shares issued for service, value       126,000     126,000
Common shares issued for service, shares     112,000        
Issuance of Series A Preferred stock and warrants for cash, value $ 80,000     20,000     100,000
Issuance of Series A Preferred stock and warrants for cash, shares 20,000            
Preferred series A shares converted to common shares, value $ (365,000)   $ 1,000 364,000     0
Preferred series A shares converted to common shares, shares (123,300)   205,500        
Non-cash preferred stock dividend       (122,000) 122,000    
Common shares issued for preferred series A stock dividend, value       233,000 $ (233,000)   233,000
Common shares issued for preferred series A stock dividend, shares     46,413        
Exchange series A preferred stock for series B preferred stock, value $ (1,572,000) $ 2,616,000   (1,044,000)     0
Exchange series A preferred stock for series B preferred stock, shares (523,300) 214,465          
Exchange common warrants for series B preferred stock, value   $ 807,000   (807,000)     0
Exchange common warrants for series B preferred stock, shares   66,136          
Issuance of series B preferred for extinguishment of convertible debt, value   $ 672,000   (22,000)     650,000
Issuance of series B preferred for extinguishment of convertible debt, shares   55,083          
Conversion of series B preferred stock to common shares, value   $ (50,000) $ 27,500,000 $ 50,000     0
Conversion of series B preferred stock to common shares, shares   (4,125,000)         600,000
Restricted common shares issued in exchange of stock options, shares     87,736        
Ending balance,value at Apr. 30, 2016 $ 0 $ 4,045,000 $ 2,000       $ 2,892,000
Ending balance,shares at Apr. 30, 2016 0 331,559 1,648,287 24,556 0 (25,711) 2,892