Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable

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Accounts Receivable
3 Months Ended
Jan. 31, 2012
Notes to Financial Statements  
Accounts Receivable

(6) Accounts Receivable

 

Accounts receivable consists of the following categories:

 

    January 31,
2012
    April 30,
2011
 
Trade receivables   $ 2,830,000     $ 4,643,000  
VAT receivable     158,000       212,000  
Allowance for doubtful accounts and sales returns     (225,000 )     (225,000 )
    $ 2,763,000     $ 4,630,000