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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Apr. 30, 2014
Accounting Policies [Abstract]  
Accounts receivable
   April 30,
2014
   April 30,
2013
 
Trade receivables  $3,758,000   $2,962,000 
VAT receivable   125,000    123,000 
Allowance for doubtful accounts and sales returns   (220,000)   (200,000)
   $3,663,000   $2,885,000 
Changes in goodwill
   2014   2013 
Opening balance May 1  $1,083,000   $1,453,000 
Contingent purchase price   —      68,000 
Impairment charge   —      (438,000)
Goodwill balance April 30  $1,083,000   $1,083,000 
The components of finite-lived intangible assets acquired

As of April 30, 2014, the components of finite-lived intangible assets acquired are as follows:

 

   Gross   Weighted       Net 
   Carrying   Average   Accumulated   Carrying 
   Amount   Life   Amortization   Amount 
Customer relationships  $758,000    2 Years   $758,000   $   0 
Trade names   733,000    5 Years    733,000    0 
Non-compete agreement   68,000    4 Years    68,000    0 
   $1,559,000        $1,559,000   $0 

 

As of April 30, 2013, the components of finite-lived intangible assets acquired were as follows:

 

   Gross   Weighted       Net 
   Carrying   Average   Accumulated   Carrying 
   Amount   Life   Amortization   Amount 
Customer relationships  $758,000    2 Years   $758,000   $0 
Trade names   733,000    5 Years    600,000    133,000 
Non-compete agreement   68,000    4 Years    68,000    0 
   $1,559,000        $1,426,000   $133,000 
The assets and liabilities measured at fair value on a nonrecurring basis, by input level, in the consolidated balance sheet
   Quoted               Total 
   Prices in               Reduction 
   Active Markets for   Significant Other   Significant       in Fair value 
Balance Sheet  Identical Assets or   Observable Inputs   Unobservable   April 30, 2014   Recorded as of 
Location  Liabilities (Level 1)   (Level 2)   Inputs (Level 3)   Total   April 30, 2014 
Assets:                         
Goodwill  $—    $—    $1,083,000   $1,083,000   $(438,000)
Reconciliation of the numerator and denominator used in computing basic and diluted net loss per share
   Year ended April 30, 2014 
   Loss   Shares   Per share 
   (numerator)   (denominator)   amount 
Basic net loss per share-net loss and weighted average common shares outstanding  $(2,609,000)   1,999,856   $(1.30)
Effect of dilutive securities-stock options   —      —      —   
Diluted net loss per share -net loss weighted average common shares outstanding and effect of stock options  $(2,609,000)   1,999,856   $(1.30)

 

    Year ended April 30, 2013 
    Loss    Shares    Per share 
    (numerator)    (denominator)    amount 
Basic net loss per share-net loss and weighted average common shares outstanding  $(4,625,000)   1,776,796   $(2.60)
Effect of dilutive securities-stock options   —      —      —   
Diluted net loss per share-net loss weighted average common shares outstanding
and effect of stock options
  $(4,625,000)   1,776,796   $(2.60)

 

    Year ended April 30, 2012 
    Loss    Shares    Per share 
    (numerator)    (denominator)    amount 
Basic net loss per share-net loss and weighted average common shares outstanding  $(3,259,000)   1,770,952   $(1.84)
Effect of dilutive securities-stock options   —      —      —   
Diluted net loss per share-net loss, weighted average common shares outstanding
and effect of stock options
  $(3,259,000)   1,770,952   $(1.84)
Product warranty accruals
   Balance   Charges to       Balance 
   Beginning   Costs and       End 
   of Year   Expenses   Deductions   of Year 
                 
Year Ended April 30, 2014  $69,000   $9,000   $(9,000)  $69,000 
                     
Year Ended April 30, 2013  $79,000   $14,000   $(24,000)  $69,000 
                     
Year Ended April 30, 2012  $79,000   $6,000   $(6,000)  $79,000 
Summary of option activity
   Options Outstanding 
       Exercise   Weighted 
       price   average 
   Shares   per share   exercise price 
             
Balance April 30, 2011   260,867    $ 7.68-47.88   $16.72 
                
Granted   48,000    6.36-6.72    6.59 
Exercised   —      —      —   
Expired   (55,884)   6.72-47.88    21.67 
Balance April 30, 2012   252,983    $ 6.36-24.54   $13.70 
                
Granted   41,667    2.44-4.14    4.14 
Exercised   —      —      —   
Expired   (14,408)   6.72-24.54    15.49 
Balance April 30, 2013   280,242    $ 2.44-24.54   $12.04 
                
Granted   —      —      —   
Exercised   —      —      —   
Expired   (34,665)   6.72-24.54    10.41 
Balance April 30, 2014   245,577    $ 2.44-19.20   $12.27 
The fair value of each stock option granted during the year
   2014   2013   2012 
Expected life (years)   —      3.0 to 5.75    3.0 to 3.3 
Expected volatility   —      77%   77%
Expected dividend yield   —      —      —   
Expected forfeiture rate   —      5.0%   5.0%
Risk-free interest rate   —      0.5% to 0.6%    0.5% to 0.6% 
Weighted average fair value of options granted during the year   —     $0.90   $0.56