Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Oct. 31, 2013
Oct. 31, 2012
Oct. 31, 2013
Oct. 31, 2012
Income Statement [Abstract]        
Revenues $ 7,410,229 $ 6,959,023 $ 14,776,959 $ 14,957,508
Costs and expenses:        
Cost of sales 5,841,266 5,771,958 11,646,310 12,076,405
Engineering 299,692 189,728 619,019 395,836
Selling, general and administrative 1,630,267 2,189,278 3,670,000 4,543,495
Gain on asset disposal 103,000    103,000   
Total costs and expenses 7,668,225 8,150,964 15,832,329 17,015,736
Loss from operations (257,996) (1,191,941) (1,055,370) (2,058,228)
Other income (expense):        
Interest expense, net (91,578) (71,368) (175,995) (142,750)
Currency gain (loss) 11,382 15,552 11,543 (22,496)
Total other expense, net (80,196) (55,816) (164,452) (165,246)
Loss before income tax expense (338,192) (1,247,757) (1,219,822) (2,223,474)
Income tax expense            
Net loss $ (338,192) $ (1,247,757) $ (1,219,822) $ (2,223,474)
Net loss per share of common stock        
Basic $ (0.18) $ (0.70) $ (0.67) $ (1.25)
Diluted $ (0.18) $ (0.70) $ (0.67) $ (1.25)