XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2013
Apr. 30, 2013
Current assets:    
Cash and cash equivalents $ 7,544 $ 7,259 [1]
Certificates of deposit 498 1,245 [1]
Accounts receivable, net of allowance for doubtful accounts of $75 3,138 2,054 [1]
Deferred cost of revenues 2 132 [1]
Inventories 2,197 3,665 [1]
Deferred income taxes 34 1,555 [1]
Other current assets 115 298 [1]
Total current assets 13,528 16,208 [1]
Equipment, furniture and fixtures, net 546 573 [1]
Other noncurrent assets 51 53 [1]
Total assets 14,125 16,834 [1]
Current liabilities:    
Accounts payable 742 2,180 [1]
Accrued payroll and related taxes 391 384 [1]
Warranty reserves 338 139 [1]
Payable to Parent 202 202 [1]
Other current liabilities 126 38 [1]
Deferred revenues 1,252 5,451 [1]
Total current liabilities 3,051 8,394 [1]
Commitments and contingencies       [1]
Shareholders' equity:    
Preferred shares, no par value; 20,000 shares authorized; no shares issued or outstanding 0 0 [1]
Common shares, no par value; 50,000 shares authorized; 12,963 shares issued and outstanding 56,370 56,370 [1]
Accumulated deficit (45,296) (47,930) [1]
Total shareholders' equity 11,074 8,440 [1]
Total liabilities and shareholders' equity $ 14,125 $ 16,834 [1]
[1] Derived from the consolidated audited financial statements included in the Company's Annual Report on Form 10-K for the fiscal year ended April 30, 2013 filed with the SEC.