XML 21 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jul. 31, 2012
Apr. 30, 2012
Current assets:    
Cash and cash equivalents $ 2,684 $ 2,783
Certificates of deposit 0 250
Accounts receivable, net of allowance for doubtful accounts of $75 957 789
Costs and estimated earnings in excess of billings on uncompleted contracts 1,683 726
Deferred cost of revenue 3 6
Inventories 2,109 2,659
Other current assets 127 238
Total current assets 7,563 7,451
Equipment, furniture and fixtures, net 505 482
Other noncurrent assets 49 49
Total assets 8,117 7,982
Current liabilities:    
Accounts payable 271 1,070
Accrued payroll and related taxes 442 388
Warranty reserves 174 169
Payable to Parent 252 252
Other current liabilities 38 63
Deferred revenues 676 687
Total current liabilities 1,853 2,629
Long-term liabilities 7 12
Total liabilities 1,860 2,641
Commitments and contingencies      
Shareholders' equity:    
Preferred shares, no par value; 20,000 shares authorized; no shares issued or outstanding 0 0
Common shares, no par value; 50,000 shares authorized; 12,963 shares issued and outstanding 56,370 56,370
Accumulated deficit (50,113) (51,029)
Total shareholders' equity 6,257 5,341
Total liabilities and shareholders' equity $ 8,117 $ 7,982