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Consolidated Balance Sheets (USD $)
Jan. 31, 2012
Apr. 30, 2011
Current Assets:    
Cash and cash equivalents $ 738,526 $ 345,105
Accounts receivable, less allowance for doubtful accounts and sales returns of $225,000 at January 31, 2012 and April 30, 2011 2,763,156 4,630,240
Inventories 3,323,691 5,461,791
Other current assets 96,287 127,279
Total current assets 6,921,660 10,564,415
Property and equipment, at cost:    
Machinery and equipment 11,967,550 11,930,806
Leasehold improvements 607,868 1,238,923
Property and equipment, gross 12,575,418 13,169,729
Less: accumulated depreciation and amortization 11,792,218 12,207,476
Net property and equipment 783,200 962,253
Other assets 81,986 111,136
Intangible assets, net of accumulated amortization 337,469 1,940,338
Goodwill 1,453,034 1,241,981
Total assets 9,577,349 14,820,123
Current liabilities:    
Note payable-revolving credit line 1,470,838 2,153,889
Accounts payable 705,823 2,944,928
Accrued liabilities 858,573 840,146
Due to related party 233,333 1,500,000
Total current liabilities 3,268,567 7,438,963
Due to related party - long term 1,766,667   
Total liabilities 5,035,234 7,438,963
Stockholders' Equity:    
Common stock, par value $1.00 per share. Authorized 54,000,000 shares; issued and outstanding 10,703,309 at January 31, 2011 and 8,928,309 at April 30, 2011 10,703,309 8,928,309
Additional paid-in capital 10,223,127 8,621,729
Accumulated deficit (16,384,321) (10,168,878)
Total stockholders' equity 4,542,115 7,381,160
Total liabilities and stockholders' equity $ 9,577,349 $ 14,820,123