Summary of Significant Accounting Policies (Tables)

3 Months Ended

Jul. 31, 2012

Accounting Policies [Abstract]

Reconciliation of the numerator and denominator used in computing basic and diluted net loss per share

	Three Months ended July 31, 2012
	Loss			Shares		Per share
	(numerator)			(denominator)		amount
Basic net loss per share – net loss and weighted average common shares outstanding	$	(975,717	)		10,703,309	$	(.09	)
Effect of dilutive securities – stock options		—			—		—
Effect of dilutive securities – warrants		—			—		—
Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants	$	(975,717	)		10,703,309	$	(.09	)

	Three Months ended July 31, 2011
	Loss			Shares		Per share
	(numerator)			(denominator)		amount
Basic net loss per share – net loss and weighted average common shares outstanding	$	(853,957	)		10,394,613	$	(.08	)
Effect of dilutive securities – stock options		—			—		—
Effect of dilutive securities – warrants		—			—		—
Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants	$	(853,957	)		10,394,613	$	(.08	)

Summary of option activity

	Shares		Weighted average exercise price		Weighted average remaining contractual life (1)		Aggregate intrinsic value (2)
Balance April 30, 2012		1,745,900	$	2.34		5.29	$	0
Granted		100,000	$	0.69		—		—
Exercised		0		—		—		—
Expired		0		—		—		—
Balance July 31, 2012		1,845,900	$	2.25		5.05	$	0
Exercisable July 31, 2012		1,397,400	$	2.51		5.01	$	0
Expected to vest July 31, 2012		1,754,000	$	2.25		5.05		—

(1) This amount represents the weighted average remaining contractual life of stock options in years.

(2) This amount represents the difference between the exercise price and $0.64, the closing price of Dataram common stock on July 31, 2012 as reported on the NASDAQ Stock Market, for all in-the-money options outstanding and all the in-the-money shares exercisable. There were nil in-the-money options at July 31, 2012.