Annual report pursuant to Section 13 and 15(d)

15. QUARTERLY FINANCIAL INFORMATION

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15. QUARTERLY FINANCIAL INFORMATION
12 Months Ended
Apr. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION

    Quarter Ended July 31   Quarter Ended Oct 31   Quarter Ended Jan 31   Quarter Ended April 30
2016                                
Net revenue   $     $     $     $  
Cost of revenue                        
Gross profit                        
Operating expenses     1,514,311       1,635,818       1,792,151       1,130,853  
Other income (expenses), net     (727 )     236       1,054       8,786  
Net loss   $ (1,515,038 )   $ (1,635,582 )   $ (1,791,097 )   $ (1,122,067 )
Net loss per common share, Basic and Diluted   $ (0.00 )   $ (0.00 )   $ (0.00 )   $ (0.00 )

  

    Quarter Ended July 31   Quarter Ended Oct 31   Quarter Ended Jan 31   Quarter Ended April 30
2015                                
Net revenue   $     $     $     $  
Cost of revenue                        
Gross profit                        
Operating expenses     1,583,160       6,200,845       1,456,554       4,020,176  
Other income (expenses), net     (1,664 )     3,336,402       (1,496 )     (213 )
Net loss   $ (1,584,824 )   $ (2,864,443 )   $ (1,458,050 )   $ (4,020,389 )
Net loss per common share, Basic and Diluted   $ (0.00 )   $ (0.01 )   $ (0.00 )   $ (0.01 )

 

Quarterly and year-to-date loss per share amounts are computed independently of each other. Therefore, the sum of the per share amounts for the quarters may not agree to the per share amounts for the year.