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Description of Business and Significant Accounting Policies (Tables)
9 Months Ended
Jan. 31, 2015
Accounting Policies [Abstract]  
Reconciliation of the numerator and denominator used in computing basic and diluted net loss per share

   Three Months ended January 31, 2015
   Loss  Shares  Per share
   (numerator)  (denominator)  amount
          
Basic net loss per share – net loss and weighted average common shares outstanding  $(2,296,204)   2,564,751   $(.90)
                
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  $(2,296,204)   2,564,751   $(.90)

 

   Three Months ended January 31, 2014
   Loss  Shares  Per share
   (numerator)  (denominator)  amount
          
Basic net loss per share – net loss and weighted average common shares outstanding  $(846,786)   2,104,662   $(.40)
                
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  $(846,786)   2,104,662   $(.40)

 

   Nine Months ended January 31, 2015
   Loss  Shares  Per share
   (numerator)  (denominator)  amount
          
Basic net loss per share – net loss and weighted average common shares outstanding  $(4,562,932)   2,461,925   $(1.85)
                
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  $(4,562,932)   2,461,925   $(1.85)

 

 

   Nine Months ended January 31, 2014
   Loss  Shares  Per share
   (numerator)  (denominator)  amount
          
Basic net loss per share – net loss and weighted average common shares outstanding  $(2,066,608)   1,919,517   $(1.08)
                
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  $(2,066,608)   1,919,517   $(1.08)
Summary of option activity
   Shares  Weighted
average
exercise
price
  Weighted
average
remaining
contractual
life (1)
  Aggregate
intrinsic
value
             
 Balance April 30, 2014    264,244   $12.42    4.46   $14,750 
                       
 Expired    (16,000)  $15.42    —      —   
 Balance January 31, 2015    248,244   $12.23    4.03    —   
 Exercisable January 31, 2015    235,744   $12.75    3.81    —   
 Expected to vest January 31, 2015    224,000   $12.23    3.81    —