Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

 v2.3.0.11
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Income Statement [Abstract]    
Revenues $ 10,269,806 $ 12,743,896
Costs and expenses:    
Cost of sales 7,375,471 9,620,505
Engineering 181,436 274,562
Research and development 0 894,349
Selling, general and administrative 3,453,091 3,083,624
Total costs and expenses 11,009,998 13,873,040
Loss from operations (740,192) (1,129,144)
Other income (expense):    
Interest expense, net (102,598) (16,458)
Currency loss (11,167) (96,025)
Other income 0 2,985
Total other expense, net (113,765) (109,498)
Loss before income taxes (853,957) (1,238,642)
Income tax expense 0 0
Net loss $ (853,957) $ (1,238,642)
Net loss per share of common stock    
Basic $ 0.08 $ 0.14
Diluted $ 0.08 $ 0.14