Ayro (AYRO) 10-K 21 Jul 17 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Apr. 30, 2017	Jul. 19, 2017	Oct. 31, 2016
Document Information [Line Items]
Entity Registrant Name	WPCS INTERNATIONAL INC
Entity Central Index Key	1,086,745
Document Type	10-K
Document Period End Date	Apr. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--04-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 3,314,630
Document Fiscal Period Focus	FY
Trading Symbol	WPCS
Document Fiscal Year Focus	2,017
Entity Common Stock, Shares Outstanding		3,352,159

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Apr. 30, 2017	Apr. 30, 2016
Current assets:
Cash and cash equivalents	$ 1,659,318	$ 2,235,597
Total current assets	6,810,979	5,545,217
Accounts receivable, net of allowance of $247,000 and $92,000 at April 30, 2017 and 2016, respectively	4,199,674	2,886,154
Costs and estimated earnings in excess of billings on uncompleted contracts	410,826	357,210
Prepaid expenses and other current assets	41,135	66,256
Restricted cash	500,026	0
Property and equipment, net	322,643	237,800
Other assets	11,484	21,162
Total assets	7,145,106	5,804,179
Current liabilities:
Current portion of loans payable	52,946	53,996
Accounts payable and accrued expenses	1,790,256	2,071,765
Billings in excess of costs and estimated earnings on uncompleted contracts	2,105,797	1,358,289
Total current liabilities	3,948,999	3,484,050
Loans payable, net of current portion	124,559	94,825
Total liabilities	4,073,558	3,578,875
Commitments and contingencies
Stockholders' equity
Common stock - $0.0001 par value, 100,000,000 shares authorized, 3,352,159 and 2,691,055 shares issued and outstanding as of April 30, 2017 and 2016, respectively	335	269
Additional paid-in capital	89,003,669	85,940,389
Accumulated deficit	(87,077,134)	(84,820,940)
Total stockholders' equity	3,071,548	2,225,304
Total liabilities and stockholders’ equity	7,145,106	5,804,179
Convertible Series H [Member]
Stockholders' equity
Preferred stock	1,242	406,262
Convertible Series H-1 [Member]
Stockholders' equity
Preferred stock	437,530	699,324
Convertible Series H-2 [Member]
Stockholders' equity
Preferred stock	230,721	0
Convertible Series H-3 [Member]
Stockholders' equity
Preferred stock	$ 475,185	$ 0

CONSOLIDATED BALANCE SHEETS _Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] - USD ($)	Apr. 30, 2017	Apr. 30, 2016
Allowance for accounts receivable	$ 247,000	$ 92,000
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	3,352,159	2,691,055
Common stock, shares outstanding	3,352,159	2,691,055
Convertible Series H [Member]
Preferred stock, shares authorized	8,500	8,500
Preferred stock, shares issued	8	2,638
Preferred Stock, Shares Outstanding	8	2,638
Preferred Stock, liquidation preference (in dollars)	$ 1,000	$ 1,000
Convertible Series H-1 [Member]
Preferred stock, shares authorized	9,488	9,488
Preferred stock, shares issued	4,289	8,119
Preferred Stock, Shares Outstanding	4,289	8,119
Preferred Stock, liquidation preference (in dollars)	$ 712,000	$ 712,000
Convertible Series H-2 [Member]
Preferred stock, shares authorized	3,500	3,500
Preferred stock, shares issued	3,305	0
Preferred Stock, Shares Outstanding	3,305	0
Preferred Stock, liquidation preference (in dollars)	$ 400,000	$ 400,000
Convertible Series H-3 [Member]
Preferred stock, shares authorized	8,461	8,461
Preferred stock, shares issued	7,017	0
Preferred Stock, Shares Outstanding	7,017	0
Preferred Stock, liquidation preference (in dollars)	$ 968,000	$ 968,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Revenue	$ 16,736,991	$ 14,555,102
Costs and expenses:
Cost of revenue	12,893,901	11,570,364
Selling, general and administrative expenses	6,272,138	6,951,637
Depreciation and amortization	115,454	64,738
Costs and expenses	19,281,493	18,586,739
Operating loss	(2,544,502)	(4,031,637)
Other income (expense):
Interest expense	(6,621)	(3,196)
Income from Section 16 settlement	0	400,000
Income from Arbitration settlement	1,192,246	0
Other income	143,178	5,284
Loss from continuing operations before income tax provision	(1,215,699)	(3,629,549)
Income tax provision	3,130	1,706
Loss from continuing operations	(1,218,829)	(3,631,255)
Discontinued operations:
Income from discontinued operations	0	27,261
Gain from disposal	0	837,720
Consolidated net loss	(1,218,829)	(2,766,274)
Net income attributable to noncontrolling interest	0	16,505
Net loss attributable to WPCS	(1,218,829)	(2,782,779)
Dividends declared on preferred stock	0	(4,742,768)
Deemed dividend on convertible preferred stock, due to beneficial conversion feature	(1,037,365)	(744,499)
Net loss attributable to WPCS common shareholders	$ (2,256,194)	$ (8,270,046)
Basic and diluted loss from continuing operations per common share	$ (0.76)	$ (3.98)
Gain from disposal (in dollars per share)	0	0.37
Basic and diluted net loss per common share	$ (0.76)	$ (3.61)
Basic and diluted weighted average number of common shares outstanding	2,967,984	2,290,050

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Consolidated net loss	$ (1,218,829)	$ (2,766,274)
Reclassification adjustments of other comprehensive loss on the sale of China Operations	0	349,723
Comprehensive loss attributable to WPCS shareholders	$ (1,218,829)	$ (2,416,551)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)	Total	Series H-1 Preferred Stock [Member]	Series F And F1 Preferred Stock [Member]	Series G And G1 Preferred Stock [Member]	Series F Preferred Stock [Member]	Series F1 Preferred Stock [Member]	Series G Preferred Stock [Member]	Series G1 Preferred Stock [Member]	Series H Preferred Stock [Member]	Series H-2 Preferred Stock [Member]	Series H-2 Convertible Preferred Stock [Member]	Series H-3 Preferred Stock [Member]	Series H-1 Convertible Preferred Stock [Member]	Series F-1 And G-1 Convertible Stock [Member]	Series H-3 Convertible Preferred Stock [Member]	Preferred Stock [Member]	Preferred Stock [Member]Series H-1 Preferred Stock [Member]	Preferred Stock [Member]Series F And F1 Preferred Stock [Member]	Preferred Stock [Member]Series G And G1 Preferred Stock [Member]	Preferred Stock [Member]Series F Preferred Stock [Member]	Preferred Stock [Member]Series F1 Preferred Stock [Member]	Preferred Stock [Member]Series G Preferred Stock [Member]	Preferred Stock [Member]Series G1 Preferred Stock [Member]	Preferred Stock [Member]Series H Preferred Stock [Member]	Preferred Stock [Member]Series H-2 Preferred Stock [Member]	Preferred Stock [Member]Series H-2 Convertible Preferred Stock [Member]	Preferred Stock [Member]Series H-3 Preferred Stock [Member]	Preferred Stock [Member]Series H-1 Convertible Preferred Stock [Member]	Preferred Stock [Member]Series F-1 And G-1 Convertible Stock [Member]	Preferred Stock [Member]Series H-3 Convertible Preferred Stock [Member]	Common Stock [Member]	Common Stock [Member]Series H-1 Preferred Stock [Member]	Common Stock [Member]Series F And F1 Preferred Stock [Member]	Common Stock [Member]Series G And G1 Preferred Stock [Member]	Common Stock [Member]Series F Preferred Stock [Member]	Common Stock [Member]Series F1 Preferred Stock [Member]	Common Stock [Member]Series G Preferred Stock [Member]	Common Stock [Member]Series G1 Preferred Stock [Member]	Common Stock [Member]Series H Preferred Stock [Member]	Common Stock [Member]Series H-2 Preferred Stock [Member]	Common Stock [Member]Series H-2 Convertible Preferred Stock [Member]	Common Stock [Member]Series H-3 Preferred Stock [Member]	Common Stock [Member]Series H-1 Convertible Preferred Stock [Member]	Common Stock [Member]Series F-1 And G-1 Convertible Stock [Member]	Common Stock [Member]Series H-3 Convertible Preferred Stock [Member]	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member]Series H-1 Preferred Stock [Member]	Additional Paid-in Capital [Member]Series F And F1 Preferred Stock [Member]	Additional Paid-in Capital [Member]Series G And G1 Preferred Stock [Member]	Additional Paid-in Capital [Member]Series F Preferred Stock [Member]	Additional Paid-in Capital [Member]Series F1 Preferred Stock [Member]	Additional Paid-in Capital [Member]Series G Preferred Stock [Member]	Additional Paid-in Capital [Member]Series G1 Preferred Stock [Member]	Additional Paid-in Capital [Member]Series H Preferred Stock [Member]	Additional Paid-in Capital [Member]Series H-2 Preferred Stock [Member]	Additional Paid-in Capital [Member]Series H-2 Convertible Preferred Stock [Member]	Additional Paid-in Capital [Member]Series H-3 Preferred Stock [Member]	Additional Paid-in Capital [Member]Series H-1 Convertible Preferred Stock [Member]	Additional Paid-in Capital [Member]Series F-1 And G-1 Convertible Stock [Member]	Additional Paid-in Capital [Member]Series H-3 Convertible Preferred Stock [Member]	Accumulated Deficit [Member]	Accumulated Deficit [Member]Series H-1 Preferred Stock [Member]	Accumulated Deficit [Member]Series F And F1 Preferred Stock [Member]	Accumulated Deficit [Member]Series G And G1 Preferred Stock [Member]	Accumulated Deficit [Member]Series F Preferred Stock [Member]	Accumulated Deficit [Member]Series F1 Preferred Stock [Member]	Accumulated Deficit [Member]Series G Preferred Stock [Member]	Accumulated Deficit [Member]Series G1 Preferred Stock [Member]	Accumulated Deficit [Member]Series H Preferred Stock [Member]	Accumulated Deficit [Member]Series H-2 Preferred Stock [Member]	Accumulated Deficit [Member]Series H-2 Convertible Preferred Stock [Member]	Accumulated Deficit [Member]Series H-3 Preferred Stock [Member]	Accumulated Deficit [Member]Series H-1 Convertible Preferred Stock [Member]	Accumulated Deficit [Member]Series F-1 And G-1 Convertible Stock [Member]	Accumulated Deficit [Member]Series H-3 Convertible Preferred Stock [Member]
Balance at Apr. 30, 2015	$ (1,049,702)															$ 5,120,697															$ 98															$ 70,380,397															$ (76,550,894)
Balance (in shares) at Apr. 30, 2015																16,126															982,660
Share based compensation	2,506,239															$ 0															$ 5															2,506,234															0
Share based compensation (in shares)																0															47,969
Issuance of preferred stock and warrants for cash, net of offering costs		$ 1,575,000															$ 1,575,000															$ 0															$ 0															$ 0
Issuance of preferred stock and warrants for cash, net of offering costs (in shares)																	8,532															0
Issuance of warrants with preferred stock		0															$ (841,405)															$ 0															841,405															0
Beneficial conversion feature of convertible preferred stock													$ 0															$ (703,770)															$ 0															$ 703,770															$ 0
Deemed dividends related to immediate accretion of beneficial conversion feature of convertible preferred stock													0															703,770															0															0															(703,770)
Conversion of Series preferred stock to common stock		0			$ 0	$ 0	$ 0	$ 0	$ 0								$ (75,000)			$ (1,589,933)	$ (1,702,808)	$ (731,706)	$ (1,096,250)	$ (892,738)								$ 4			$ 24	$ 26	$ 12	$ 17	$ 58								74,996			$ 1,589,909	$ 1,702,782	$ 731,694	$ 1,096,233	$ 892,680								0			$ 0	$ 0	$ 0	$ 0	$ 0
Conversion of Series preferred stock to common stock (in shares)																	(413)			(5,268)	(5,642)	(2,088)	(3,128)	(5,797)								41,300			239,454	256,456	116,453	174,457	579,700
Dividend declared on preferred stock	(4,742,768)		$ (159,215)	$ (126,198)														$ 0	$ 0														$ 0	$ 0														$ 0	$ 0														$ (159,215)	$ (126,198)
Make-whole amount on conversion of preferred F-1 and G-1 shares														$ (4,457,355)															$ 0															$ 0															$ 0															$ (4,457,355)
Conversion of a portion of the dividends payable related to Series preferred stock	4,457,356				$ 313,186	$ 311,791	$ 129,656	$ 208,325								$ 0				$ 0	$ 0	$ 0	$ 0								$ 21				$ 1	$ 1	$ 1	$ 1								4,457,335				$ 313,185	$ 311,790	$ 129,655	$ 208,324								0				$ 0	$ 0	$ 0	$ 0
Conversion of a portion of the dividends payable related to Series preferred stock (in Shares)																0				0	0	0	0								204,865				13,959	14,291	7,022	11,154
Fractional shares issued on reverse split	0															$ 0															$ 0															0															0
Fractional shares issued on reverse split (in shares)																0															1,315
Reclassification adjustments of net loss attributable to noncontrolling interest on sale of China Operations	0															$ 0															$ 0															0															0
Reclassification adjustments of other comprehensive loss on sale of China operations	0															0															0															0															0
Net loss	(2,782,779)															0															0															0															(2,782,779)
Balance at Apr. 30, 2016	2,225,304															$ 1,105,586															$ 269															85,940,389															(84,820,940)
Balance (in shares) at Apr. 30, 2016																10,757															2,691,055
Deemed dividend on conversion of convertible preferred stock to common stock													0															40,729															0															0															(40,729)
Conversion of convertible note to Series preferred stock									1,299,000															$ 1,299,000															$ 0															0															0
Conversion of convertible note to Series preferred stock (in shares)																								8,435															0
Share based compensation	602,431															$ 0															$ 2															602,429															0
Share based compensation (in shares)																0															15,104
Issuance of preferred stock and warrants for cash, net of offering costs										$ 429,631		$ 1,033,011													$ 461,969		$ 1,033,011													$ 0		$ 0													$ (32,338)		$ 0													$ 0		$ 0
Issuance of preferred stock and warrants for cash, net of offering costs (in shares)																									3,305		7,017													0		0
Issuance of warrants with preferred stock										$ 0		$ 0													$ (231,248)		$ (557,826)													$ 0		$ 0													$ 231,248		$ 557,826													$ 0		$ 0
Beneficial conversion feature of convertible preferred stock											$ 0				$ 0											$ (183,284)				$ (476,375)											$ 0				$ 0											$ 183,284				$ 476,375											$ 0				$ 0
Deemed dividends related to immediate accretion of beneficial conversion feature of convertible preferred stock											$ 0				$ 0											$ 183,284				$ 476,375											$ 0				$ 0											$ 0				$ 0											$ (183,284)				$ (476,375)
Conversion of Series preferred stock to common stock		$ 0							$ 0								$ (639,500)							$ (405,020)								$ 38							$ 26								$ 639,462							$ 404,994								$ 0							$ 0
Conversion of Series preferred stock to common stock (in shares)																	(3,830)							(2,630)								383,000							263,000
Dividend declared on preferred stock	0
Net loss	(1,218,829)															$ 0															$ 0															0															(1,218,829)
Balance at Apr. 30, 2017	$ 3,071,548															$ 1,144,678															$ 335															$ 89,003,669															$ (87,077,134)
Balance (in shares) at Apr. 30, 2017																14,619															3,352,159
Deemed dividend on conversion of convertible preferred stock to common stock													$ 0															$ 377,706															$ 0															$ 0															$ (377,706)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Operating activities:
Net loss from continuing operations	$ (1,218,829)	$ (3,631,255)
Consolidated net income from discontinued operations	0	864,981
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	115,454	64,738
Shares based compensation	602,431	2,506,239
Gain on sale of China Operations	0	(837,720)
Income on Section 16 settlement	0	(400,000)
Changes in operating assets and liabilities:
Accounts receivable	(1,313,520)	3,608,736
Costs and estimated earnings in excess of billings on uncompleted contracts	(53,616)	63,224
Current assets held for sale	0	(3,853,621)
Prepaid expenses and other current assets	25,121	93,513
Other assets	9,678	4,222
Other assets held for sale	0	(34,523)
Accounts payable and accrued expenses	(281,509)	(3,342,504)
Current liabilities held for sale	0	2,200,030
Billings in excess of costs and estimated earnings on uncompleted contracts	747,508	11,828
Net cash used in operating activities	(1,367,282)	(2,682,112)
Investing activities:
Acquisition of property and equipment	(77,272)	(139,552)
Proceeds from sale of China Operations, net of acquisition cost	0	1,325,744
Net cash (used in) provided by investing activities	(77,272)	1,186,192
Financing activities:
Borrowings under loan payable obligations	0	115,753
Repayment under loan payable obligations	(94,341)	(51,106)
Repayments under other payable to Zurich	0	(360,000)
Repayments of short term convertible note	0	(4,000)
Net cash provided by financing activities	1,368,301	1,275,647
Effect of exchange rate changes on cash	0	91,510
Net decrease in cash, cash equivalents and restricted cash	(76,253)	(128,763)
Cash, cash equivalents and restricted cash beginning of the year	2,235,597	2,364,360
Cash, cash equivalents and restricted cash end of the year	2,159,344	2,235,597
Schedule of non-cash investing and financing activities:
Automobile loan payable obligations	123,025	0
Declaration on preferred dividend payable	0	4,742,768
Deemed dividend on conversion of convertible preferred stock to common stock	1,037,365	744,499
Conversion of dividends payable related to make-whole amount to common stock	0	4,457,356
Series H Preferred Stock [Member]
Schedule of non-cash investing and financing activities:
Conversion of short term convertible note to preferred stock	0	1,299,000
Conversion of preferred stock through the issuance of common stock	405,020	892,738
Series H-1 Preferred Stock [Member]
Financing activities:
Proceeds from issuance of preferred stock and warrants	0	1,575,000
Schedule of non-cash investing and financing activities:
Conversion of preferred stock through the issuance of common stock	639,500	75,000
Series H-2 Preferred Stock [Member]
Financing activities:
Proceeds from issuance of preferred stock and warrants	429,631	0
Schedule of non-cash investing and financing activities:
Issuance of warrants with preferred stock	231,248	0
Series H-3 Preferred Stock [Member]
Financing activities:
Proceeds from issuance of preferred stock and warrants	1,033,011	0
Schedule of non-cash investing and financing activities:
Issuance of warrants with preferred stock	557,826	0
Series H-1 Convertible Preferred Stock [Member]
Schedule of non-cash investing and financing activities:
Deemed dividend on conversion of convertible preferred stock to common stock	377,706	0
Series H-2 Convertible Preferred Stock [Member]
Schedule of non-cash investing and financing activities:
Deemed dividend on conversion of convertible preferred stock to common stock	183,284	0
Conversion of short term convertible note to preferred stock	183,000
Beneficial conversion feature of convertible preferred stock	183,284	0
Series H-3 Convertible Preferred Stock [Member]
Schedule of non-cash investing and financing activities:
Deemed dividend on conversion of convertible preferred stock to common stock	476,375	0
Beneficial conversion feature of convertible preferred stock	476,375	0
Series F-1 Preferred Stock [Member]
Schedule of non-cash investing and financing activities:
Conversion of dividends payable related to make-whole amount to common stock	0	624,977
Series G-1 Preferred Stock [Member]
Schedule of non-cash investing and financing activities:
Conversion of dividends payable related to make-whole amount to common stock	0	337,981
Series F And F1 Preferred Stock [Member]
Schedule of non-cash investing and financing activities:
Conversion of preferred stock through the issuance of common stock	0	3,292,741
Series G And G1 Preferred Stock [Member]
Schedule of non-cash investing and financing activities:
Conversion of preferred stock through the issuance of common stock	$ 0	$ 1,827,927

DESCRIPTION OF THE BUSINESS AND

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	12 Months Ended
	Apr. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION	NOTE 1 – DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION Description of the Business WPCS International Incorporated, a Delaware corporation (“WPCS”) and its wholly and majority-owned subsidiaries (collectively, the “Company”) currently specializes in low voltage communications, audio-visual and security contracting services, conducting business in one segment at one operations center, through its wholly-owned domestic subsidiary, WPCS International - Suisun City, Inc. (“Suisun City Operations”). During the year ended April 30, 2017 the Company also conducted operations from its wholly-owned Texas subsidiary, WPCS International-Texas, Inc. (“Texas Operations”), however, as of April 30, 2017, the Texas Operations has been closed. The Company is a full-service low voltage contractor that specializes in the installation and service of Voice & Data Networks, Security Systems, Audio-Visual Solutions, and Distributed Antenna Systems and provides experienced project management and delivers complex projects to key vertical markets that include Healthcare, Education, Transportation, Energy & Utilities, Oil & Gas, Manufacturing, Commercial Real Estate, Financial, Government, etc. Basis of Presentation The consolidated financial statements of the Company included in this Report for the years ended April 30, 2017 and 2016, reflect the accounts of current and former entities as either continued or discontinued operations, as discussed below. Continuing operations for the years ended April 30, 2017 and 2016 include the results of operations of: (i) WPCS (which primarily reflects corporate operating expenses and nonoperating income); (ii) Suisun City Operations and the Texas Operations, (the Texas Operations were closed in February 2017 and therefore the Suisun Operation remains the Company’s only active operating subsidiary); (iii) WPCS Incorporated, an inactive subsidiary; and (iv) WPCS International – Trenton, Inc. (“Trenton Operations”), which operations were closed in September 2013. Discontinued operations for the year ended April 30, 2016 include the results of WPCS Asia Limited, a 60

LIQUIDITY AND CAPITAL RESOURCES

LIQUIDITY AND CAPITAL RESOURCES	12 Months Ended
	Apr. 30, 2017
Liquidity and Capital Resources [Abstract]
LIQUIDITY AND CAPITAL RESOURCES	NOTE 2 – LIQUIDITY AND CAPITAL RESOURCES As of April 30, 2017, the Company had a working capital surplus of approximately $ 2,862,000 2,159,000 The Company's future plans and growth are dependent on its ability to increase revenues and continue its business development efforts surrounding its contract award backlog. If the Company continues to incur losses and revenues do not generate from the backlog as expected, the Company may need to raise additional capital to expand its business and continue as a going concern. The Company currently anticipates that its current cash position will be sufficient to meet its working capital requirements to continue its sales and marketing efforts for at least 12 months from the filing date of this report. If in the future the Company’s plans or assumptions change or prove to be inaccurate, the Company may need to raise additional funds through public or private debt or equity offerings, financings, corporate collaborations, or other means. The Company may also be required to reduce operating expenditures or investments in its infrastructure.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Apr. 30, 2017
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of significant accounting policies consistently applied in the preparation of the accompanying consolidated financial statements follows: Principles of Consolidation All significant intercompany transactions and balances have been eliminated in these consolidated financial statements. Reclassifications Certain reclassifications have been made in prior years’ consolidated financial statements to conform to the current year’s presentation. These reclassifications reflect the results of the China operations as discontinued operations for all periods presented. Use of Estimates In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenue and expenses during the reporting period. The most significant estimates relate to the calculation of percentage-of-completion on uncompleted contracts, allowance for doubtful accounts, realization of deferred tax assets, and valuation of equity instruments. Actual results could differ from these estimates. Revenue Recognition The Company generates its revenue by offering low voltage communications infrastructure contracting services. The Company’s contracting services report revenue pursuant to customer contracts that span varying periods of time. The Company reports revenue from contracts when persuasive evidence of an arrangement exists, fees are fixed or determinable, and collection is reasonably assured. The Company records revenue and profit from long-term contracts on a percentage-of-completion basis, measured by the percentage of contract costs incurred to date to the estimated total costs for each contract. Cost-to-cost method is used because management considers it to be the best available measure of progress on these contracts. Contracts in process are valued at cost plus accrued profits less earned revenues and progress payments on uncompleted contracts. Contract costs include direct materials, direct labor, third party subcontractor services and those indirect costs related to contract performance. Contracts are generally considered substantially complete when engineering is completed and/or site construction is completed. The Company has numerous contracts that are in various stages of completion. Such contracts require estimates to determine the appropriate cost and revenue recognition. Cost estimates are reviewed monthly on a contract-by-contract basis, and are revised periodically throughout the life of the contract such that adjustments to profit resulting from revisions are made cumulative to the date of the revision. Significant management judgments and estimates, including the estimated cost to complete projects, which determines the project’s percent complete, must be made and used in connection with the revenue recognized in the accounting period. Current estimates may be revised as additional information becomes available. If estimates of costs to complete long-term contracts indicate a loss, provision is made currently for the total loss anticipated. The length of the Company’s contracts varies but is typically between three months and two years. Assets and liabilities related to long-term contracts are included in current assets and current liabilities in the accompanying consolidated balance sheets, as they will be liquidated in the normal course of contract completion, although this may require more than one year. The Company also recognizes certain revenue from short-term contracts when the services have been provided to the customer. For maintenance contracts, revenue is recognized ratably over the service period. Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents include all cash and highly liquid investments with a maturity, at time of purchase, of three months or less. Restricted cash is classified separately on the Balance Sheet and included with cash and cash equivalents on the Statement of Cash Flows. The Company entered into a Series H-3, Preferred Stock, Securities Purchase Agreement, whereby $500,000 of the purchase price was directed to and is to be held in a separate account (the “Restricted Account”). While held in the Restricted Account, the Restricted Account Funds may not be accessed or otherwise used by the Company. The Restricted Account Funds may be released from the Restricted Account upon the unanimous approval of the Company’s board of directors. Concentrations of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash, cash equivalents, restricted cash and accounts receivable. The Company reduces credit risk by placing its temporary cash and cash equivalents with major domestic financial institutions. At times, such amounts may exceed federally insured limits. The Company reduces credit risk related to accounts receivable by routinely assessing the financial strength of its customers and maintaining an appropriate allowance for doubtful accounts based on its history of write-offs, current economic conditions and an evaluation of the credit risk related to specific customers. The Company does not require collateral in most cases, but may file claims against the construction project if a default in payment occurs. The Company maintains it cash, cash equivalents and restricted cash in bank deposit accounts, which, at times, may exceed federally insured limits. The Company has not experienced losses in such accounts; however, amounts in excess of the federally insured limit may be at risk if the bank experiences financial difficulties. As of April 30, 2017, approximately $1,564,000 was in excess of the Federal Deposit Insurance Corporation limits. Accounts Receivable Accounts receivable are due within contractual payment terms and are stated at amounts due from customers net of an allowance for doubtful accounts. Credit is extended based on evaluation of a customer's financial condition. Accounts outstanding longer than the contractual payment terms are considered past due. The Company determines its allowance by considering a number of factors, including the length of time trade accounts receivable are past due, the Company's previous loss history, the customer's current ability to pay its obligation to the Company, and the condition of the general economy and the industry as a whole. The Company writes off accounts receivable when they become uncollectible, and payments subsequently received on such receivables are credited to the allowance for doubtful accounts. Property and Equipment Property and equipment are stated at cost. Depreciation and amortization are provided for using straight-line methods, in amounts sufficient to charge the cost of depreciable assets to operations over their estimated service lives. Repairs and maintenance costs are charged to operations as incurred. Leasehold improvements are amortized over the lesser of the term of the related lease or the estimated useful lives of the assets (two to three years). Fair Value of Financial Instruments The Company’s material financial instruments at April 30, 2017 and 2016 for which disclosure of fair value is required by certain accounting standards consisted of cash, cash equivalents and restricted cash, accounts receivable, account payable, loans payable and short-term bank loan. The fair values of cash and cash equivalents, accounts receivable, and account payable are equal to their carrying value because of their liquidity and short-term maturity. Management believes that the fair values of loans payable and short-term bank loan do not differ materially from their aggregate carrying values, because the interest rates of these financial instruments approximate the prevailing interest rates management expects to receive if additional financing was necessary. Fair value measurements and disclosures establish a hierarchy that prioritizes fair value measurements based on the type of inputs used for the various valuation techniques (market approach, income approach and cost approach). The levels of hierarchy are described below: · Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities. · Level 2: Inputs other than quoted market prices that are observable for the asset or liability, either directly or indirectly: these include quoted prices for similar assets or liabilities in active markets, such as interest rates and yield curves that are observable at commonly quoted intervals. · Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions, as there is little, if any, related market activity. The Company's chief financial officer determines its valuation policies and procedures associated with Level 3 inputs. Fair Value of Series H, Series H-1, H-2 and H-3 Preferred Stock The fair value of the Preferred Stock is based on unobservable inputs. Such unobservable inputs include use of the Company’s own data or assumptions such as earnings and discounted cash flow. The Company estimates of the fair value of the Preferred Stock is based on assumptions that market participants would use in their estimates of fair value. The Company used the Black Sholes pricing model to determine the fair value of Preferred Series H, H-1, H-2 and H-3 stock. Other Concentrations As of April 30, 2017, the Company has 60 union employees in its Suisun City Operations. At April 30, 2017, 78% of the Company’s labor force is subject to collective bargaining agreements. Although the Company’s past experience has been favorable with respect to resolving conflicting demands with these unions, it is always possible that a protracted conflict may occur which could impact the renewal of the collective bargaining agreements. The current union contract is scheduled to expire in November 2017. The Company hires union employees on an “as needed basis” and the number of union employees will vary depending on the number of jobs in process. For the fiscal years ended April 30, 2017 and April 30, 2016, the Company had the following concentrations: Accounts Receivable The concentration of accounts receivable as of April 30, 2017 and April 30, 2016, respectively are as follows: As of April 30, 2017 April 30, 2016 Customer A 24 % - % Customer B 12 % - % Customer C 10 % 21 % Customer D - % 34 % Customer E - 10 % The accounts receivable also included retainage receivable of $730,000 and $326,000 at April 30, 2017 and April 30, 2016, respectively, and both the retainage and aged accounts receivable are expected to be collected. Revenue Recognition The concentration of revenue recognition for the years ended April 30, 2017 and April 30, 2016, respectively are as follows: For the years ended April 30, 2017 April 30, 2016 Customer A 16 % 17 % Share Based Compensation The Company estimates the fair value of stock options using the Black-Scholes valuation model. Key input assumptions used to estimate the fair value of stock options include the exercise price of the award, the expected option term, the expected volatility of the Company’s stock over the option’s expected term, the risk-free interest rate over the option’s term, and the Company’s expected annual dividend yield. The Company has adopted ASU 2016-09 as of April 30, 2017, and has elected to recognize forfeitures as they occur rather than estimate their forfeiture rate. Income Taxes The Company accounts for income taxes pursuant to the asset and liability method which requires deferred income tax assets and liabilities to be computed annually for differences between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. On a periodic basis, the Company evaluates its ability to realize its deferred tax assets net of its deferred tax liabilities and adjusts such amounts in light of changing facts and circumstances, including but not limited to the level of past and future taxable income, and the current and future expected utilization of tax benefit carryforwards. The Company considers all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance is required to reduce the net deferred tax assets to the amount that is more likely than not to be realized in future periods. The Company considers past performance, expected future taxable income and prudent and feasible tax planning strategies in assessing the amount of the valuation allowance. The Company’s forecast of expected future taxable income is based over such future periods that it believes can be reasonably estimated. The Company will continue to evaluate the realization of its deferred tax assets and liabilities on a periodic basis, and will adjust such amounts in light of changing facts and circumstances. Adoption of Recent Accounting Standards In August 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes The Company adopted this guidance on a prospective basis, and its adoption did not have any significant impact on the Company’s consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15 Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which addresses specific cash flow classification issues where there is currently diversity in practice including debt prepayment and proceeds from the settlement of insurance claims. ASU 2016-15 is effective for annual periods beginning after December 15, 2017, with early adoption permitted. The Company elected to early adopt ASU 2016-15 effective as of January 31, 2017. The adoption of ASU 2016-15 did not impact our results of operations or cash flows. In November 2016, the FASB issued ASU No. 2016-18 Statement of Cash Flows - Restricted Cash, which requires entities to show the changes in the total of cash, cash equivalents, restricted cash and restricted cash equivalents in the statement of cash flows. As a result, entities will no longer present transfers between cash and cash equivalents and restricted cash and restricted cash equivalents in the statement of cash flows. ASU 2016-18 is effective for annual periods beginning after December 15, 2017, with early adoption permitted. The Company elected to early adopt ASU 2016-18 including retrospective adoption for all prior periods. The impact of the adoption of ASU 2016-18 is the addition of a reconciliation of the totals in the statement of cash flows to the related captions in the balance sheet and was not material to the results. Stock Compensation In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. The amendment is to simplify several aspects of the accounting for share-based payment transactions including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public entities, the amendments in ASU 2016-09 are effective for interim and annual reporting periods beginning after December 15, 2016. The Company adopted ASU 2016-09 as of April 30, 2017, and its adoption did not have any significant impact on the Company’s financial statements. Recent Accounting Standards Leases In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842) Leases (Topic 840) Revenue from Contracts with Customers In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). ASU 2014-09 amends the guidance for revenue recognition to replace numerous, industry-specific requirements and converges areas under this topic with those of the International Financial Reporting Standards. The ASU implements a five-step process for customer contract revenue recognition that focuses on transfer of control, as opposed to transfer of risk and rewards. The amendment also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenues and cash flows from contracts with customers. Other major provisions include the capitalization and amortization of certain contract costs, ensuring the time value of money is considered in the transaction price, and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. The amendments of ASU 2014-09 were effective for reporting periods beginning after December 15, 2016, with early adoption prohibited. Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. Subsequent to issuing ASU 2014-09, the FASB issued the following amendments concerning the adoption and clarification of ASU 2014-09. In August 2015, the FASB issued ASU No. 2015-14 “Revenue from Contracts with Customers (Topic 606), Deferral of the Effective Date” (“ASU 2015-14”), which deferred the effective date one year. As a result, the amendments of ASU 2014-09 are effective for reporting periods beginning after December 15, 2017, with early adoption permitted only as of annual reporting periods beginning after December 15, 2016. In March 2016, the FASB issued ASU No. 2016-08 “Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue versus Net)” (“ASU 2016-08”), which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard. ASU 2016-08 clarifies how an entity should identify the unit of accounting (i.e. the specified good or service) for the principal versus agent evaluation and how it should apply the control principle to certain types of arrangements. In April 2016, the FASB issued ASU No. 2016-10 “Revenue from Contracts with Customers (Topic 606), Identifying Performance Obligations and Licensing” (“ASU 2016-10”), which reduces the complexity when applying the guidance for identifying performance obligations and improves the operability and understandability of the license implementation guidance. In May 2016, the FASB issued ASU No. 2016-12 “Revenue from Contracts with Customers (Topic 606), Narrow-Scope Improvements and Practical Expedients” (“ASU 2016-12”), which amends the guidance on transition, collectability, noncash consideration and the presentation of sales and other similar taxes. ASU 2016-12 clarifies that, for a contract to be considered completed at transition, all (or substantially all) of the revenue must have been recognized under legacy GAAP. In addition, ASU 2016-12 clarifies how an entity should evaluate the collectability threshold and when an entity can recognize nonrefundable consideration received as revenue if an arrangement does not meet the standard’s contract criteria. In December 2016, the FASB issued an update (“ASU 2016-20”) to ASC 606, Technical Corrections and Improvements, which outlines technical corrections to certain aspects of the new revenue recognition standard such as provisions for losses on construction type contracts and disclosure of remaining performance obligations, among other aspects. The Company is currently evaluating the potential impact the adoption of these ASUs may have on its financial statements and related disclosures. Business Combinations In January 2017, the FASB issued an ASU 2017-01, Business Combinations (Topic 805) Clarifying the Definition of a Business. The amendments in this Update is to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The Company is currently evaluating the impact of adopting this guidance. Accounting standards that have been issued or proposed by the Financial Accounting Standards Board (“FASB”), SEC or other standard setting bodies that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption.

BASIC AND DILUTED NET LOSS PER

BASIC AND DILUTED NET LOSS PER COMMON SHARE	12 Months Ended
	Apr. 30, 2017
Earnings Per Share [Abstract]
BASIC AND DILUTED NET LOSS PER COMMON SHARE	NOTE 4 – BASIC AND DILUTED NET LOSS PER COMMON SHARE Basic and diluted net loss per common share from continuing operations is computed as net loss from continuing operations less noncontrolling interest and dividends on preferred stock, divided by the weighted average number of common shares outstanding for the period. Diluted net loss per common share reflects the potential dilution that could occur from common stock issuable through exercise of stock options, warrants and Note conversions. For the years ended April 30, 2017 2016 Numerator: Loss from continuing operations attributable to WPCS common shareholders $ (2,256,194) $ (9,118,522) Income from discontinued operations, basic and diluted - 848,476 Net loss attributable to WPCS common shareholders, basic and diluted $ (2,256,194) $ (8,270,046) Denominator: Basic and diluted weighted average shares outstanding 2,967,984 2,290,050 Basic and diluted loss from continuing operations per common share $ (0.76) $ (3.98) Basic and diluted income from discontinued operations per common share - 0.37 Basic and diluted loss per common share $ (0.76) $ (3.61) As of April 30, 2017 2016 Common stock equivalents: Common stock options 3,328,000 3,290,000 Series H, H-1, H-2 and H-3 preferred stock 1,462,000 1,076,000 Common stock purchase warrants 2,893,000 1,295,000 Totals 7,683,000 5,661,000

COSTS AND ESTIMATED EARNINGS ON

COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS	12 Months Ended
	Apr. 30, 2017
Contractors [Abstract]
COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS	NOTE 5 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS The asset, “Costs and estimated earnings in excess of billings on uncompleted contracts”, represents revenue recognized in excess of amounts billed. The liability, “Billings in excess of costs and estimated earnings on uncompleted contracts”, represents billings in excess of revenue recognized. April 30, 2017 April 30, 2016 Costs incurred on uncompleted contracts $ 16,362,011 $ 28,884,776 Estimated contract earnings 3,714,584 4,367,463 20,076,595 33,252,239 Less: Billings to date 21,771,566 34,253,318 Total $ (1,694,971) $ (1,001,079) Costs and estimated earnings in excess of billings on uncompleted contracts $ 410,826 $ 357,210 Billings in excess of cost and estimated earnings on uncompleted contracts 2,105,797 1,358,289 Total $ (1,694,971) $ (1,001,079) Revisions in the estimated gross profits on contracts and contract amounts are made in the period in which circumstances requiring the revisions become known. Although management believes it has established adequate procedures for estimating costs to complete on open contracts, it is at least reasonably possible that additional significant costs could occur on contracts prior to completion.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Apr. 30, 2017
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 6 - PROPERTY AND EQUIPMENT Estimated useful life (years) 2017 2016 Furniture and fixtures 5-7 $ 98,550 $ 74,265 Computers and software 2-3 302,843 283,928 Vehicles 5-7 914,217 909,175 Machinery and equipment 5 118,106 88,689 Leasehold improvements 2-3 291,689 291,688 1,725,405 1,647,745 Less accumulated depreciation and amortization (1,402,762) (1,409,945) $ 322,643 $ 237,800 Depreciation and amortization expense for property and equipment for the years ended April 30, 2017 and 2016 was approximately $ 115,000 65,000

INCOME FROM SECTION 16 SETTLEME

INCOME FROM SECTION 16 SETTLEMENTS	12 Months Ended
	Apr. 30, 2017
Income From Section Sixteen Settlements [Abstract]
INCOME FROM SECTION 16 SETTEMENTS	NOTE 7 – INCOME FROM SECTION 16 SETTLEMENTS For the years ended April 30, 2017 and 2016, the Company received income from Section 16 settlements of approximately $ 0 400,000

BANK LINE OF CREDIT

BANK LINE OF CREDIT	12 Months Ended
	Apr. 30, 2017
Line of Credit Facility [Abstract]
BANK LINE OF CREDIT	NOTE 8 – BANK LINE OF CREDIT On May 20, 2015 1,000,000 City Operations August 15, 2017 2 5 In addition, the line of credit requires our Suisun City Operations City Operations City Operations As of July 21, 2017, the Company has not drawn down on the line of credit.

LOANS PAYABLE

LOANS PAYABLE	12 Months Ended
	Apr. 30, 2017
Debt Disclosure [Abstract]
LOANS PAYABLE	NOTE 9 – LOANS PAYABLE Carrying Value Stated as of Estimated Future Payment Maturity Date Interest Rate April 30, 2017 Within 1 Year After 1 year 0% automobile loan payable April 2018 - June 2019 0.0 % $ 18,000 $ 9,000 $ 9,000 1% automobile loan payable November 2022 1.0 % 23,000 5,000 18,000 3% automobile loan payable November 2022 3.0 % 24,000 5,000 19,000 4% automobile loan payable December 2016 - January 2020 4.0 % 25,000 9,000 16,000 5% automobile loan payable January 2020 - February 2020 5.0 % 50,000 17,000 33,000 7% automobile loan payable June 2019 7.0 % 23,000 5,000 18,000 8% automobile loan payable October 2021 8.0 % 15,000 3,000 12,000 $ 178,000 $ 53,000 $ 125,000 Carrying Value Stated as of Estimated Future Payment Maturity Date Interest Rate April 30, 2016 Within 1 Year After 1 year 0% automobile loan payable April 2018 - May 2019 0.0 % $ 25,000 $ 10,000 $ 15,000 4% automobile loan payable August 2016 - January 2020 4.0 % 58,000 28,000 30,000 5% automobile loan payable January 2020 - February 2020 5.0 % 66,000 16,000 50,000 $ 149,000 $ 54,000 $ 95,000

RETIREMENT PLANS

RETIREMENT PLANS	12 Months Ended
	Apr. 30, 2017
Compensation and Retirement Disclosure [Abstract]
RETIREMENT PLANS	NOTE 10 - RETIREMENT PLANS Employee Benefit Plan The Company and its subsidiaries participate in employee savings plans under Section 401(k) of the Internal Revenue Code pursuant to which eligible employees may elect to defer a portion of their annual salary by contributing to the plan. There were no Company matching contributions made for the years ended April 30, 2017 and 2016. Union Sponsored Pension Plan (Defined Contribution) The Company contributes to one multiemployer, money purchase defined contribution pension plan pursuant to a collective bargaining agreement. The plan is qualified under section 401(a) of the Internal Revenue Code. The Plan is not subject to the Pension Protections Act’s zone status and other reporting obligations, which only apply to Defined Benefit Pension Plans. The information available to the Company about the multiemployer plan in which it participates, whether via request to the plan or publicly available, is generally dated due to the nature of the reporting cycle of multiemployer plans and legal requirements under the Employee Retirement Income Security Act (“ERISA”) as amended by the Multiemployer Pension Plan Amendments Act (“MPPAA”). Based upon the plans most recently available annual report, the Company’s contribution to the plan was less than 5% of each such plans total contributions. The “FIP/RP Status Pending or Implemented” column indicates plans for which a financial improvement plan (FIP) or a rehabilitation plan (RP) is either pending or has been implemented. As the Plan is a Defined Contribution Pension Plan, the Plan is 100% funded and has no unfunded liability balance as of April 30. 2017. In addition, employers who contribute to this Plan have no withdrawal liability. Expiration Pension FIP/RP of Federal Certified Zone Status Pending Collective Company's Identification Status or Bargaining Contributions Pension Plan Legal name Number 2016 2015 Implemented Arrangement 2017 2016 International Brotherhood of Electrical Workers District No. 9 Pension Plan 93-6074829 Green Green No 11/30/2017 $ 525,523 $ 366,923

INCOME TAXES

INCOME TAXES	12 Months Ended
	Apr. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 11 - INCOME TAXES Years Ended April 30, 2017 2016 Current Federal $ - $ - State 1,632 1,706 Foreign - - Totals 1,632 1,706 Deferred Federal - - State - - Foreign - - Totals - - Total provision for income taxes (benefits) $ 1,632 $ 1,706 The actual provision for income taxes from continuing operations reflected in the consolidated statements of operations for the years ended April 30, 2017 and 2016 differs from the provision computed at the federal statutory tax rates. Years Ended April 30, 2017 2016 Expected tax (benefit) provision at statutory rate (34%) $ (413,337) $ (1,233,531) State and local taxes, net of federal tax benefit (684,228) (675,924) Valuation allowance 1,300,959 1,288,447 Deferred tax true-up (320,038) Write-off of foreign tax credits - 265,600 Inducement Expense - 136,000 Permanent differences 118,276 1,706 Other - 219,408 Totals $ 1,632 $ 1,706 Deferred tax assets and liabilities are provided for the effects of temporary difference between tax basis of an asset or liability and its reported amount in the consolidated balance sheets. These temporary differences result in taxable or deductible amounts in future years. April 30, 2017 April 30, 2016 Deferred tax assets: Allowance for doubtful accounts $ 100,989 $ 36,165 Bonus and vacation accruals 45,319 53,727 Non-qualified stock options 1,422,692 1,135,090 Valuation allowance (1,569,000) (1,224,973) Deferred tax assets-current - - Capital loss carryforward 4,768,005 4,126,345 Property and equipment (12,725) 43,948 Net operating loss carryforward 12,962,521 12,590,576 Valuation allowance (17,717,801) (16,760,869) Deferred tax assets (liabilities)-long term - - Net deferred tax assets (liabilities) - $ - At April 30, 2017, the Company has net operating loss carryforwards for Federal tax purposes approximating $ 32.1 32.8 The Company considers past performance, expected future taxable income and prudent and feasible tax planning strategies in assessing the amount of the valuation allowance. The Company’s forecast of expected future taxable income is based over such future periods that it believes can be reasonably estimated. Based on its analysis as of April 30, 2017, the Company increased its valuation allowance by approximately $ 1.3 19.3 At April 30, 2017, the Company’s net deferred tax assets are fully offset by a valuation allowance. The Company continues to analyze the realizability of its deferred tax assets on a regular basis. Accounting for uncertainty in income taxes requires uncertain tax positions to be classified as non-current income tax liabilities unless they are expected to be paid within one year. The Company has concluded that there are no uncertain tax positions requiring recognition in its consolidated financial statements as of April 30, 2017 and 2016. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense. For the years ended April 30, 2017 and 2016 there was no interest expense relating to unrecognized tax benefits. The Company and its domestic subsidiaries file a U.S. federal consolidated income tax return. The U.S. federal statute of limitations remains open for the years April 30, 2014 and thereafter. State income tax returns are generally subject to examination for a period of 3 to 5 years after filing the respective return. The Company is not currently under examination by any taxing authority.

SHAREHOLDERS_ EQUITY

SHAREHOLDERS’ EQUITY	12 Months Ended
	Apr. 30, 2017
Stockholders' Equity Note [Abstract]
STOCKHOLDERS’ EQUITY	Preferred Shares Series H Preferred Stock On June 30, 2015, the Company entered into Amendment, Waiver and Exchange Agreements (the “Exchange Agreements”) with certain of its promissory note holders, who held $ 1,299,000 8,435 0.0001 Under the terms of the Series H Certificate of Designation, each share of Series H Preferred Stock has a stated value of $154 and is convertible into shares of the Company’s common stock (“common stock”), equal to the stated value divided by the conversion price of $1.54 per share (subject to adjustment in the event of stock splits or dividends). The Company is prohibited from effecting the conversion of the Series H Preferred Stock to the extent that, as a result of such conversion, the holder would beneficially own more than 9.99%, in the aggregate, of the issued and outstanding shares of the Company’s common stock calculated immediately after giving effect to the issuance of shares of common stock upon such conversion. Series H-1 Preferred Stock Between July 14 and July 20, 2015, the Company entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with four investors (the “Series H-1 Investors”) pursuant to which the Company issued to the Series H-1 Investors an aggregate of 8,532 0.0001 1,279,759 1.63 1.66 163 166 0.1250, 1,575,000 The Company has determined that the Warrants qualify for accounting as equity classification. On the issuance date, the Company estimated the fair value of the Warrants at $1,649,000 under the Black-Scholes option pricing model using the following primary assumptions: contractual term of 5.0 years, volatility rate of 103%, risk-free interest rate of 2% and expected dividend rate of 0%. Based on the Warrant’s relative fair value to the fair value of the Series H-1 Preferred Convertible Stock, approximately $841,000 of the $1,575,000 of proceeds was allocated to the Warrants, creating a corresponding preferred stock discount in the same amount. Due to the reduction of allocated proceeds to Series H-1 Shares the effective conversion price was approximately $0.80 per share or $704,000 in aggregate. Since the conversion option of the preferred stock was immediately exercisable, the amount allocated to the Beneficial Conversion Feature was immediately accreted to preferred dividends, resulting in an increase in the carrying value of the preferred stock. In addition, the Company recognized approximately $378,000 and $41,000 of deemed dividends for the years ended April 30, 2017 and 2016, respectively, upon the conversion of shares of Series H-1 preferred to common stock. Under the terms of the Series H-1 Certificate of Designation, each of the Series H-1 Shares has a stated value of $166 and is convertible into shares of common stock, equal to the stated value divided by the conversion price of $1.66 per share (subject to adjustment in the event of stock splits and dividends). The Company is prohibited from effecting the conversion of the Series H-1 Shares to the extent that, as a result of such conversion, the holder or any of its affiliates would beneficially own more than 9.99%, in the aggregate, of the issued and outstanding shares of common stock calculated immediately after giving effect to the issuance of shares of common stock upon the conversion of the Series H-1 Shares. Series H-2 Preferred Stock On December 21, 2016, the Company entered into a Securities Purchase Agreement (the “Series H-2 Securities Purchase Agreement”) with two investors (the “Series H-2 Investors”) pursuant to which the Company issued to the Series H-2 Investors an aggregate of 3,305 0.0001 495,750 1.21 461,969 The Company has determined that the Warrants qualify for accounting as equity classification. On the issuance date, the Company estimated the fair value of the Warrants at $462,000 under the Black-Scholes option pricing model using the following primary assumptions: contractual term of 5.0 years, volatility rate of 238%, risk-free interest rate of 2% and expected dividend rate of 0%. Based on the Warrant’s relative fair value to the fair value of the Series H-2 Shares, approximately $231,000 of the $462,000 of aggregate fair value was allocated to the Warrants, creating a corresponding preferred stock discount in the same amount. Due to the reduction of allocated proceeds to Series H-2 Shares, the effective conversion price was approximately $0.60 per share creating a beneficial conversion feature of $183,000. Since the conversion option of the Series H-2 Shares was immediately exercisable, the beneficial conversion feature was immediately accreted to preferred dividends, resulting in an increase in the carrying value of the Series H-2 Shares. Under the terms of the Series H-2 Certificate of Designation, each of the Series H-2 Shares has a stated value of $121 and is convertible into shares of common stock, equal to the stated value divided by the conversion price of $1.21 per share (subject to adjustment in the event of stock splits and dividends). The Company is prohibited from effecting the conversion of the Series H-2 Shares to the extent that, as a result of such conversion, the holder or any of its affiliates would beneficially own more than 9.99%, in the aggregate, of the issued and outstanding shares of common stock calculated immediately after giving effect to the issuance of shares of common stock upon the conversion of the Series H-2 Shares. Pursuant to a Placement Agent Agreement with an investment banking firm, at closing the Company paid a commission equal to seven percent (7%) of the aggregate consideration raised from the sale of the Series H-2 Shares and the Series H-2 Warrants, which amounted to $32,338. The investment banking firm is also entitled to a seven percent (7%) commission for any sales of equity or convertible debt securities made by the Company to the Investors through December 14, 2017. Series H-3 Preferred Stock On March 30, 2017, the Company entered into a Securities Purchase Agreement (the “Series H-3 Securities Purchase Agreement”) with five investors (the “Series H-3 Investors”) pursuant to which the Company issued to the Series H-3 Investors an aggregate of 7,017 0.0001 1,101,751 1.38 138 0.1250 1,100,000 The Company has determined that the Warrants qualify for accounting as equity classification. On the issuance date, the Company estimated the fair value of the Warrants at $1,147,000 under the Black-Scholes option pricing model using the following primary assumptions: contractual term of 5.0 years, volatility rate of 106%, risk-free interest rate of 1.93% and expected dividend rate of 0%. Based on the Warrant’s relative fair value to the fair value of the Series H-3 Shares, approximately $557,000 of the $1,147,000 of aggregate fair value was allocated to the Warrants, creating a corresponding preferred stock discount in the same amount. Due to the reduction of allocated proceeds to Series H-3 Shares, the effective conversion price was approximately $0.69 per share creating a beneficial conversion feature of $476,000. Since the conversion option of the Series H-3 Shares was immediately exercisable, the beneficial conversion feature was immediately accreted to preferred dividends, resulting in an increase in the carrying value of the Series H-3 Shares. Pursuant to the Series H-3 Securities Purchase Agreement, $ 500,000 Pursuant to the Series H-3 Securities Purchase Agreement, the Company agreed to not issue further common stock or securities convertible into or exercisable or exchangeable for common stock, except for certain permitted issuances, without the consent of the holders of a majority of the Series H-3 Shares outstanding, for a period beginning on the closing date and ending on the earlier of: (i) nine months after the closing date; or (ii) a Change in Control (as that term is defined in the Series H-3 Securities Purchase Agreement) of the Company (the “Restricted Period”). The Company also agreed to cause certain of its officers and directors to agree not to exercise their Company stock options during the Restricted Period, except in connection with a Change in Control of the Company. Under the terms of the Series H-3 Certificate of Designation, each share of the Series H-3 Shares has a stated value of $138 and is convertible into shares of common stock, equal to the stated value divided by the conversion price of $1.38 per share (subject to adjustment in the event of stock splits and dividends). The Company is prohibited from effecting the conversion of the Series H-3 Shares to the extent that, as a result of such conversion, the holder or any of its affiliates would beneficially own more than 9.99%, in the aggregate, of the issued and outstanding shares of common stock calculated immediately after giving effect to the issuance of shares of common stock upon the conversion of the Series H-3 Shares. Pursuant to a Placement Agent Agreement with an investment banking firm (the “Placement Agent”), at closing the Company paid fees to the Placement Agent which consisted of (i) $42,000 cash, seven percent (7%) of the unrestricted portion of the proceeds ($600,000) raised from the sale of the Series H-3 Shares and Series H-3 Warrant; and (ii) Series H-3 Warrants, to acquire up to 7% of the Conversion Shares (as defined in the Securities Purchase Agreement) issuable to the Series H-3 Investors upon conversion of the Series H-3 Shares (the “Placement Agent Warrants”). Pursuant to the Placement Agent Agreement, the Company also agreed to pay to the Placement Agent seven percent (7%) of the restricted portion of the proceeds raised from the sale of the Series H-3 Shares and Series H-3 Warrants when it is released from the Restricted Account, which amounts to $35,000. The Placement Agent is also entitled to comparable compensation as described above for any sales of equity or convertible debt securities made by the Company to the Series H-3 Investors through March 21, 2018. Conversion of Preferred Shares For the year ended April 30, 2017, the Company issued approximately 646,000 For the year ended April 30, 2016, the Company issued approximately 1,408,000 205,000 46,000 Stock-Based Compensation Plans 2014 Equity Incentive Plan In January 2014, the Company adopted the 2014 Equity Incentive Plan, under which officers, directors, key employees or consultants may be granted options. In September 2015, the Company amended and restated the 2014 Equity Incentive Plan. Under the 2014 Equity Incentive Plan, 3,659,091 3,328,137 1.19 26.40 Weighted Average Remaining Weighted Average Total Intrinsic Contractual Life Number of Shares Exercise Price Value (in years) Outstanding as of May 1, 2015 40,688 $ 18.8 $ - 5.9 Employee options granted 4,054,250 1.32 - 7.6 Forfeited/expired (804,665) 1.37 - - Outstanding as of April 30, 2016 3,290,273 1.52 - 9.4 Employee options granted 1,017,000 1.35 - 9.3 Forfeited/expired (979,136) 1.38 - - Outstanding as of April 30, 2017 3,328,137 $ 1.51 $ 108,655 8.7 Options vested and exercisable 2,928,137 $ 1.53 $ 108,655 8.5 The Company recorded stock based compensation expense of $ 580,000 2,506,234 2,438,734 67,500 For the years ended April 30, 2017 2016 Exercise price $ 1.35 $1.19 - $1.53 Expected term (years) 5.0 5.0 Expected stock price volatility 104.8 % 101.7% - 104.1 % Risk-free rate of interest 1.8 % 1.3%-1.6 % The risk-free rate is based on the rate of U.S Treasury zero-coupon issues with a remaining term equal to the expected term of the option grants. Expected volatility is based on the historical volatility of the Company’s common stock using the weekly closing price of the Company’s common stock. The expected term represents the period that the Company’s stock-based awards are expected to be outstanding and was calculated using the simplified method. Modification of performance targets On September 29, 2015 and November 2, 2015, the Company issued 801,250 (i) the Company recording $30 million in sales revenue by April 30, 2016; or (ii) the Company closing a change in control merger transaction by September 1, 2016. 822,000 On April 25, 2015, the Company determined that the revenue target of $ 30 determined that was 776,000 On April 25, 2016, the Company reversed the $822,000 of compensation expense associated with the September and November 2015 issuances and planned to record the $776,000 of compensation expense calculated on the April 25, 2016 amendment date, if and when the December 31, 2016 performance target is achieved. The performance targets were not achieved and the compensation expense was not recorded. As of December 31, 2016, these performance targets were not achieved and no compensation expense was recognized and the stock option were forfeited. Common Stock Warrants Weighted Weighted Average Average Number of Exercise Remaining Warrants Price Life in years Outstanding, May 1, 2015 15,510 $ 7.25 3.3 Warrants issued in connection with Series H-1 preferred stock for cash 1,279,759 1.66 4.3 Outstanding as of April 30, 2016 1,295,269 $ 5.50 4.2 Warrants issued in connection with Series H-2 preferred stock for cash 495,750 1.21 4.6 Warrants issued in connection with Series H-3 preferred stock for cash 1,101,751 1.38 4.9 Outstanding, April 30, 2017 2,892,770 $ 3.23 4.1

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Apr. 30, 2017
Discontinued Operations
DISCONTINUED OPERATIONS	NOTE 13 - DISCONTINUED OPERATIONS China Operations On June 3, 2015, the Company entered into an Interest Purchase Agreement with to sell its China Operations in an "as-is", all-cash transaction, for a total purchase price of $ 1,500,000 150,000 1,350,000 100,000 100,000 93,000 7,000 The Company recognized a gain on the sale of the China Operations of approximately $ 838,000 1,500,000 9,350,000 7,935,000 349,000 577,000 174,000 The Company recorded the revenue and profit from short-term contracts from its China Operations under the completed contract method, whereas income is recognized only when a contract is completed or substantially completed. Accordingly, during the period of performance, billings and deferred contract costs were accumulated on the consolidated balance sheets as deferred contract costs and deferred revenue. The Company’s accounting policy is based on the short-term nature of the work performed. Deferred contract costs include equipment lease deposits to the third party vendors of approximately $ 0 of April 30, 2016. The revenue results from the China Operations are included in discontinued operations for the year ended April 30, 2016 Since the sale of the China Operations closed on August 14, 2015, the Company has determined that the activity of the China Operations should be classified as discontinued operations for the year ended April 30, 2016. The following is a summary of the operating results for the discontinued operations as follows: For the years ended April 30, 2017 2016 Revenue $ - $ 839,969 Costs and expenses: Cost of revenue - 546,296 Selling, general and administrative expenses - 125,324 Depreciation and amortization - 80,971 - 752,591 Operating income from discontinued operations - 87,378 Interest expense - (49,234) Income from discontinued operations before income tax provision - 38,144 Income tax provision - (10,883) Income from discontinued operations, net of tax - 27,261 Gain from disposal - 837,720 Total income from discontinued operations $ - $ 864,981 There were no assets or liabilities included in the consolidated balance sheets for the China Operations at April 30, 2017 or 2016. Due to Related Party The China Operations earned revenue for contracting services provided to its minority shareholder 0 212,000 0 0

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Apr. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 14 - COMMITMENTS AND CONTINGENCIES Change in Control On September 29, 2015, the Company entered into change in control agreements (the “Agreements”) with its Chief Executive Officer (“CEO”) and its Chief Financial Officer (“CFO”). The Agreements have initial terms of four years and automatically extend for additional one-year periods at the expiration of the initial term and on each anniversary thereafter unless either party notifies the other party of non-renewal no later than 30 days prior to such anniversary. Under the Agreements, the 350,000 150,000 All payments under the Agreements are contingent upon the respective officer’s execution and non-revocation of a general release of claims against the Company. Operating Lease Commitments The Company leases its office facilities pursuant to a noncancelable operating lease expiring through February 2021. Year ending April 30, 2018 $ 80,213 2019 80,213 2020 80,213 2021 66,844 Total minimum lease payments $ 307,483 Rent expense for all operating leases was approximately $ 207,000 101,000

INCOME FROM ARBITRATION SETTLEM

INCOME FROM ARBITRATION SETTLEMENTS	12 Months Ended
	Apr. 30, 2017
Income From Legal Settlements [Abstract]
INCOME FROM ARBITRATION SETTLEMENTS	NOTE 15 – INCOME FROM ARBITRATION SETTLEMENTS On June 16, 2016, the Company entered into a global settlement agreement and mutual release to resolve all disputes and claims regarding the construction of the Cooper Medical School at Rowan University, located in Camden, New Jersey, in which the Company served as an electrical prime contractor. As a result of such settlement, the Company received proceeds of $ 1,150,000

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Apr. 30, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 16 – SUBSEQUENT EVENTS The Company has determined that there are no significant subsequent events as of the filing date of this report.

SUMMARY OF SIGNIFICANT ACCOUN24

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Apr. 30, 2017
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation All significant intercompany transactions and balances have been eliminated in these consolidated financial statements.
Reclassifications	Reclassifications Certain reclassifications have been made in prior years’ consolidated financial statements to conform to the current year’s presentation. These reclassifications reflect the results of the China operations as discontinued operations for all periods presented.
Use of Estimates	Use of Estimates In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenue and expenses during the reporting period. The most significant estimates relate to the calculation of percentage-of-completion on uncompleted contracts, allowance for doubtful accounts, realization of deferred tax assets, and valuation of equity instruments. Actual results could differ from these estimates.
Revenue Recognition	Revenue Recognition The Company generates its revenue by offering low voltage communications infrastructure contracting services. The Company’s contracting services report revenue pursuant to customer contracts that span varying periods of time. The Company reports revenue from contracts when persuasive evidence of an arrangement exists, fees are fixed or determinable, and collection is reasonably assured. The Company records revenue and profit from long-term contracts on a percentage-of-completion basis, measured by the percentage of contract costs incurred to date to the estimated total costs for each contract. Cost-to-cost method is used because management considers it to be the best available measure of progress on these contracts. Contracts in process are valued at cost plus accrued profits less earned revenues and progress payments on uncompleted contracts. Contract costs include direct materials, direct labor, third party subcontractor services and those indirect costs related to contract performance. Contracts are generally considered substantially complete when engineering is completed and/or site construction is completed. The Company has numerous contracts that are in various stages of completion. Such contracts require estimates to determine the appropriate cost and revenue recognition. Cost estimates are reviewed monthly on a contract-by-contract basis, and are revised periodically throughout the life of the contract such that adjustments to profit resulting from revisions are made cumulative to the date of the revision. Significant management judgments and estimates, including the estimated cost to complete projects, which determines the project’s percent complete, must be made and used in connection with the revenue recognized in the accounting period. Current estimates may be revised as additional information becomes available. If estimates of costs to complete long-term contracts indicate a loss, provision is made currently for the total loss anticipated. The length of the Company’s contracts varies but is typically between three months and two years. Assets and liabilities related to long-term contracts are included in current assets and current liabilities in the accompanying consolidated balance sheets, as they will be liquidated in the normal course of contract completion, although this may require more than one year. The Company also recognizes certain revenue from short-term contracts when the services have been provided to the customer. For maintenance contracts, revenue is recognized ratably over the service period.
Cash, Cash Equivalents and Restricted Cash	Cash and cash equivalents include all cash and highly liquid investments with a maturity, at time of purchase, of three months or less. Restricted cash is classified separately on the Balance Sheet and included with cash and cash equivalents on the Statement of Cash Flows. The Company entered into a Series H-3, Preferred Stock, Securities Purchase Agreement, whereby $ 500,000
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash, cash equivalents, restricted cash and accounts receivable. The Company reduces credit risk by placing its temporary cash and cash equivalents with major domestic financial institutions. At times, such amounts may exceed federally insured limits. The Company reduces credit risk related to accounts receivable by routinely assessing the financial strength of its customers and maintaining an appropriate allowance for doubtful accounts based on its history of write-offs, current economic conditions and an evaluation of the credit risk related to specific customers. The Company does not require collateral in most cases, but may file claims against the construction project if a default in payment occurs. The Company maintains it cash, cash equivalents and restricted cash in bank deposit accounts, which, at times, may exceed federally insured limits. The Company has not experienced losses in such accounts; however, amounts in excess of the federally insured limit may be at risk if the bank experiences financial difficulties. As of April 30, 2017, approximately $ 1,564,000
Accounts Receivable	Accounts Receivable Accounts receivable are due within contractual payment terms and are stated at amounts due from customers net of an allowance for doubtful accounts. Credit is extended based on evaluation of a customer's financial condition. Accounts outstanding longer than the contractual payment terms are considered past due. The Company determines its allowance by considering a number of factors, including the length of time trade accounts receivable are past due, the Company's previous loss history, the customer's current ability to pay its obligation to the Company, and the condition of the general economy and the industry as a whole. The Company writes off accounts receivable when they become uncollectible, and payments subsequently received on such receivables are credited to the allowance for doubtful accounts.
Property and Equipment	Property and Equipment Property and equipment are stated at cost. Depreciation and amortization are provided for using straight-line methods, in amounts sufficient to charge the cost of depreciable assets to operations over their estimated service lives. Repairs and maintenance costs are charged to operations as incurred. Leasehold improvements are amortized over the lesser of the term of the related lease or the estimated useful lives of the assets (two to three years).
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s material financial instruments at April 30, 2017 and 2016 for which disclosure of fair value is required by certain accounting standards consisted of cash, cash equivalents and restricted cash, accounts receivable, account payable, loans payable and short-term bank loan. The fair values of cash and cash equivalents, accounts receivable, and account payable are equal to their carrying value because of their liquidity and short-term maturity. Management believes that the fair values of loans payable and short-term bank loan do not differ materially from their aggregate carrying values, because the interest rates of these financial instruments approximate the prevailing interest rates management expects to receive if additional financing was necessary. Fair value measurements and disclosures establish a hierarchy that prioritizes fair value measurements based on the type of inputs used for the various valuation techniques (market approach, income approach and cost approach). The levels of hierarchy are described below: ⋅ Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities. ⋅ Level 2: Inputs other than quoted market prices that are observable for the asset or liability, either directly or indirectly: these include quoted prices for similar assets or liabilities in active markets, such as interest rates and yield curves that are observable at commonly quoted intervals. ⋅ Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions, as there is little, if any, related market activity. The Company's chief financial officer determines its valuation policies and procedures associated with Level 3 inputs.
Fair Value of Series H, Series H-1, H-2 and H-3 Preferred Stock	Fair Value of Series H, Series H-1, H-2 and H-3 Preferred Stock The fair value of the Preferred Stock is based on unobservable inputs. Such unobservable inputs include use of the Company’s own data or assumptions such as earnings and discounted cash flow. The Company estimates of the fair value of the Preferred Stock is based on assumptions that market participants would use in their estimates of fair value. The Company used the Black Sholes pricing model to determine the fair value of Preferred Series H, H-1, H-2 and H-3 stock.
Other Concentrations	Other Concentrations As of April 30, 2017, the Company has 60 union employees in its Suisun City Operations. At April 30, 2017, 78 For the fiscal years ended April 30, 2017 and April 30, 2016, the Company had the following concentrations: Accounts Receivable As of April 30, 2017 April 30, 2016 Customer A 24 % - % Customer B 12 % - % Customer C 10 % 21 % Customer D - % 34 % Customer E - 10 % The accounts receivable also included retainage receivable of $ 730,000 326,000 Revenue Recognition For the years ended April 30, 2017 April 30, 2016 Customer A 16 % 17 %
Share Based Compensation	Share Based Compensation The Company estimates the fair value of stock options using the Black-Scholes valuation model. Key input assumptions used to estimate the fair value of stock options include the exercise price of the award, the expected option term, the expected volatility of the Company’s stock over the option’s expected term, the risk-free interest rate over the option’s term, and the Company’s expected annual dividend yield. The Company has adopted ASU 2016-09 as of April 30, 2017, and has elected to recognize forfeitures as they occur rather than estimate their forfeiture rate.
Income Taxes	Income Taxes The Company accounts for income taxes pursuant to the asset and liability method which requires deferred income tax assets and liabilities to be computed annually for differences between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. On a periodic basis, the Company evaluates its ability to realize its deferred tax assets net of its deferred tax liabilities and adjusts such amounts in light of changing facts and circumstances, including but not limited to the level of past and future taxable income, and the current and future expected utilization of tax benefit carryforwards. The Company considers all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance is required to reduce the net deferred tax assets to the amount that is more likely than not to be realized in future periods. The Company considers past performance, expected future taxable income and prudent and feasible tax planning strategies in assessing the amount of the valuation allowance. The Company’s forecast of expected future taxable income is based over such future periods that it believes can be reasonably estimated. The Company will continue to evaluate the realization of its deferred tax assets and liabilities on a periodic basis, and will adjust such amounts in light of changing facts and circumstances.
Adoption of Recent Accounting Standards	Adoption of Recent Accounting Standards In August 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes The Company adopted this guidance on a prospective basis, and its adoption did not have any significant impact on the Company’s consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15 Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which addresses specific cash flow classification issues where there is currently diversity in practice including debt prepayment and proceeds from the settlement of insurance claims. ASU 2016-15 is effective for annual periods beginning after December 15, 2017, with early adoption permitted. The Company elected to early adopt ASU 2016-15 effective as of January 31, 2017. The adoption of ASU 2016-15 did not impact our results of operations or cash flows. In November 2016, the FASB issued ASU No. 2016-18 Statement of Cash Flows - Restricted Cash, which requires entities to show the changes in the total of cash, cash equivalents, restricted cash and restricted cash equivalents in the statement of cash flows. As a result, entities will no longer present transfers between cash and cash equivalents and restricted cash and restricted cash equivalents in the statement of cash flows. ASU 2016-18 is effective for annual periods beginning after December 15, 2017, with early adoption permitted. The Company elected to early adopt ASU 2016-18 including retrospective adoption for all prior periods. The impact of the adoption of ASU 2016-18 is the addition of a reconciliation of the totals in the statement of cash flows to the related captions in the balance sheet and was not material to the results. Stock Compensation In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. The amendment is to simplify several aspects of the accounting for share-based payment transactions including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public entities, the amendments in ASU 2016-09 are effective for interim and annual reporting periods beginning after December 15, 2016. The Company adopted ASU 2016-09 as of April 30, 2017, and its adoption did not have any significant impact on the Company’s financial statements.
Recent Accounting Standards	Recent Accounting Standards Leases In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842) Leases (Topic 840) Revenue from Contracts with Customers In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). ASU 2014-09 amends the guidance for revenue recognition to replace numerous, industry-specific requirements and converges areas under this topic with those of the International Financial Reporting Standards. The ASU implements a five-step process for customer contract revenue recognition that focuses on transfer of control, as opposed to transfer of risk and rewards. The amendment also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenues and cash flows from contracts with customers. Other major provisions include the capitalization and amortization of certain contract costs, ensuring the time value of money is considered in the transaction price, and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. The amendments of ASU 2014-09 were effective for reporting periods beginning after December 15, 2016, with early adoption prohibited. Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. Subsequent to issuing ASU 2014-09, the FASB issued the following amendments concerning the adoption and clarification of ASU 2014-09. In August 2015, the FASB issued ASU No. 2015-14 “Revenue from Contracts with Customers (Topic 606), Deferral of the Effective Date” (“ASU 2015-14”), which deferred the effective date one year. As a result, the amendments of ASU 2014-09 are effective for reporting periods beginning after December 15, 2017, with early adoption permitted only as of annual reporting periods beginning after December 15, 2016. In March 2016, the FASB issued ASU No. 2016-08 “Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue versus Net)” (“ASU 2016-08”), which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard. ASU 2016-08 clarifies how an entity should identify the unit of accounting (i.e. the specified good or service) for the principal versus agent evaluation and how it should apply the control principle to certain types of arrangements. In April 2016, the FASB issued ASU No. 2016-10 “Revenue from Contracts with Customers (Topic 606), Identifying Performance Obligations and Licensing” (“ASU 2016-10”), which reduces the complexity when applying the guidance for identifying performance obligations and improves the operability and understandability of the license implementation guidance. In May 2016, the FASB issued ASU No. 2016-12 “Revenue from Contracts with Customers (Topic 606), Narrow-Scope Improvements and Practical Expedients” (“ASU 2016-12”), which amends the guidance on transition, collectability, noncash consideration and the presentation of sales and other similar taxes. ASU 2016-12 clarifies that, for a contract to be considered completed at transition, all (or substantially all) of the revenue must have been recognized under legacy GAAP. In addition, ASU 2016-12 clarifies how an entity should evaluate the collectability threshold and when an entity can recognize nonrefundable consideration received as revenue if an arrangement does not meet the standard’s contract criteria. In December 2016, the FASB issued an update (“ASU 2016-20”) to ASC 606, Technical Corrections and Improvements, which outlines technical corrections to certain aspects of the new revenue recognition standard such as provisions for losses on construction type contracts and disclosure of remaining performance obligations, among other aspects. The Company is currently evaluating the potential impact the adoption of these ASUs may have on its financial statements and related disclosures. Business Combinations In January 2017, the FASB issued an ASU 2017-01, Business Combinations (Topic 805) Clarifying the Definition of a Business. The amendments in this Update is to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. The guidance is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The Company is currently evaluating the impact of adopting this guidance. Accounting standards that have been issued or proposed by the Financial Accounting Standards Board (“FASB”), SEC or other standard setting bodies that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption.

SUMMARY OF SIGNIFICANT ACCOUN25

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Apr. 30, 2017
Sales Revenue, Net [Member]
Schedules of Concentration of Risk	The concentration of revenue recognition for the years ended April 30, 2017 and April 30, 2016, respectively are as follows: For the years ended April 30, 2017 April 30, 2016 Customer A 16 % 17 %
Accounts Receivable [Member]
Schedules of Concentration of Risk	The concentration of accounts receivable as of April 30, 2017 and April 30, 2016, respectively are as follows: As of April 30, 2017 April 30, 2016 Customer A 24 % - % Customer B 12 % - % Customer C 10 % 21 % Customer D - % 34 % Customer E - 10 %

BASIC AND DILUTED NET LOSS PE26

BASIC AND DILUTED NET LOSS PER COMMON SHARE (Tables)	12 Months Ended
	Apr. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The table below presents the computations of loss per share from continuing operations applicable to common stockholders, after consideration of noncontrolling interest and dividends declared on preferred stock, as follows: For the years ended April 30, 2017 2016 Numerator: Loss from continuing operations attributable to WPCS common shareholders $ (2,256,194) $ (9,118,522) Income from discontinued operations, basic and diluted - 848,476 Net loss attributable to WPCS common shareholders, basic and diluted $ (2,256,194) $ (8,270,046) Denominator: Basic and diluted weighted average shares outstanding 2,967,984 2,290,050 Basic and diluted loss from continuing operations per common share $ (0.76) $ (3.98) Basic and diluted income from discontinued operations per common share - 0.37 Basic and diluted loss per common share $ (0.76) $ (3.61)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following were excluded from the computation of diluted shares outstanding due to the losses for the years ended April 30, 2017 and 2016, as they would have had an anti-dilutive impact on the Company’s net loss. As of April 30, 2017 2016 Common stock equivalents: Common stock options 3,328,000 3,290,000 Series H, H-1, H-2 and H-3 preferred stock 1,462,000 1,076,000 Common stock purchase warrants 2,893,000 1,295,000 Totals 7,683,000 5,661,000

COSTS AND ESTIMATED EARNINGS 27

COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)	12 Months Ended
	Apr. 30, 2017
Contractors [Abstract]
Schedule of Costs and Estimated Earnings on Uncompleted Contracts	Costs and estimated earnings on uncompleted contracts consist of the following at April 30, 2017 and 2016: April 30, 2017 April 30, 2016 Costs incurred on uncompleted contracts $ 16,362,011 $ 28,884,776 Estimated contract earnings 3,714,584 4,367,463 20,076,595 33,252,239 Less: Billings to date 21,771,566 34,253,318 Total $ (1,694,971) $ (1,001,079) Costs and estimated earnings in excess of billings on uncompleted contracts $ 410,826 $ 357,210 Billings in excess of cost and estimated earnings on uncompleted contracts 2,105,797 1,358,289 Total $ (1,694,971) $ (1,001,079)

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Apr. 30, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property and equipment consist of the following at April 30, 2017 and 2016: Estimated useful life (years) 2017 2016 Furniture and fixtures 5-7 $ 98,550 $ 74,265 Computers and software 2-3 302,843 283,928 Vehicles 5-7 914,217 909,175 Machinery and equipment 5 118,106 88,689 Leasehold improvements 2-3 291,689 291,688 1,725,405 1,647,745 Less accumulated depreciation and amortization (1,402,762) (1,409,945) $ 322,643 $ 237,800

LOANS PAYABLE (Tables)

LOANS PAYABLE (Tables)	12 Months Ended
	Apr. 30, 2017
Debt Disclosure [Abstract]
Schedule of Debt	The following tables summarize outstanding loans payable related to automobiles as of April 30, 2017 and 2016, respectively: Carrying Value Stated as of Estimated Future Payment Maturity Date Interest Rate April 30, 2017 Within 1 Year After 1 year 0% automobile loan payable April 2018 - June 2019 0.0 % $ 18,000 $ 9,000 $ 9,000 1% automobile loan payable November 2022 1.0 % 23,000 5,000 18,000 3% automobile loan payable November 2022 3.0 % 24,000 5,000 19,000 4% automobile loan payable December 2016 - January 2020 4.0 % 25,000 9,000 16,000 5% automobile loan payable January 2020 - February 2020 5.0 % 50,000 17,000 33,000 7% automobile loan payable June 2019 7.0 % 23,000 5,000 18,000 8% automobile loan payable October 2021 8.0 % 15,000 3,000 12,000 $ 178,000 $ 53,000 $ 125,000 Carrying Value Stated as of Estimated Future Payment Maturity Date Interest Rate April 30, 2016 Within 1 Year After 1 year 0% automobile loan payable April 2018 - May 2019 0.0 % $ 25,000 $ 10,000 $ 15,000 4% automobile loan payable August 2016 - January 2020 4.0 % 58,000 28,000 30,000 5% automobile loan payable January 2020 - February 2020 5.0 % 66,000 16,000 50,000 $ 149,000 $ 54,000 $ 95,000

RETIREMENT PLANS (Tables)

RETIREMENT PLANS (Tables)	12 Months Ended
	Apr. 30, 2017
Compensation and Retirement Disclosure [Abstract]
Schedule of Multiemployer Plans	Information on the significant multiemployer pension plan in which the Company participates is included in the table below. Expiration Pension FIP/RP of Federal Certified Zone Status Pending Collective Company's Identification Status or Bargaining Contributions Pension Plan Legal name Number 2016 2015 Implemented Arrangement 2017 2016 International Brotherhood of Electrical Workers District No. 9 Pension Plan 93-6074829 Green Green No 11/30/2017 $ 525,523 $ 366,923

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Apr. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The provision for income taxes from continuing operations for the years ended April 30, 2017 and 2016 is summarized as follows: Years Ended April 30, 2017 2016 Current Federal $ - $ - State 1,632 1,706 Foreign - - Totals 1,632 1,706 Deferred Federal - - State - - Foreign - - Totals - - Total provision for income taxes (benefits) $ 1,632 $ 1,706
Schedule of Effective Income Tax Rate Reconciliation	The principal differences between the statutory income tax and the actual provision for income taxes are summarized as follows: Years Ended April 30, 2017 2016 Expected tax (benefit) provision at statutory rate (34%) $ (413,337) $ (1,233,531) State and local taxes, net of federal tax benefit (684,228) (675,924) Valuation allowance 1,300,959 1,288,447 Deferred tax true-up (320,038) Write-off of foreign tax credits - 265,600 Inducement Expense - 136,000 Permanent differences 118,276 1,706 Other - 219,408 Totals $ 1,632 $ 1,706
Schedule of Deferred Tax Assets and Liabilities	The components of the Company’s deferred tax assets and liabilities are as follows: April 30, 2017 April 30, 2016 Deferred tax assets: Allowance for doubtful accounts $ 100,989 $ 36,165 Bonus and vacation accruals 45,319 53,727 Non-qualified stock options 1,422,692 1,135,090 Valuation allowance (1,569,000) (1,224,973) Deferred tax assets-current - - Capital loss carryforward 4,768,005 4,126,345 Property and equipment (12,725) 43,948 Net operating loss carryforward 12,962,521 12,590,576 Valuation allowance (17,717,801) (16,760,869) Deferred tax assets (liabilities)-long term - - Net deferred tax assets (liabilities) - $ -

SHAREHOLDERS' EQUITY (Tables)

SHAREHOLDERS' EQUITY (Tables)	12 Months Ended
	Apr. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	Weighted Average Remaining Weighted Average Total Intrinsic Contractual Life Number of Shares Exercise Price Value (in years) Outstanding as of May 1, 2015 40,688 $ 18.8 $ - 5.9 Employee options granted 4,054,250 1.32 - 7.6 Forfeited/expired (804,665) 1.37 - - Outstanding as of April 30, 2016 3,290,273 1.52 - 9.4 Employee options granted 1,017,000 1.35 - 9.3 Forfeited/expired (979,136) 1.38 - - Outstanding as of April 30, 2017 3,328,137 $ 1.51 $ 108,655 8.7 Options vested and exercisable 2,928,137 $ 1.53 $ 108,655 8.5
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	For the years ended April 30, 2017 2016 Exercise price $ 1.35 $1.19 - $1.53 Expected term (years) 5.0 5.0 Expected stock price volatility 104.8 % 101.7% - 104.1 % Risk-free rate of interest 1.8 % 1.3%-1.6 %
Schedule Of Common Stock Warrant Activity	Weighted Weighted Average Average Number of Exercise Remaining Warrants Price Life in years Outstanding, May 1, 2015 15,510 $ 7.25 3.3 Warrants issued in connection with Series H-1 preferred stock for cash 1,279,759 1.66 4.3 Outstanding as of April 30, 2016 1,295,269 $ 5.50 4.2 Warrants issued in connection with Series H-2 preferred stock for cash 495,750 1.21 4.6 Warrants issued in connection with Series H-3 preferred stock for cash 1,101,751 1.38 4.9 Outstanding, April 30, 2017 2,892,770 $ 3.23 4.1

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Apr. 30, 2017
Discontinued Operations
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement	Below is a summary of the operating results for the discontinued operations is as follows: For the years ended April 30, 2017 2016 Revenue $ - $ 839,969 Costs and expenses: Cost of revenue - 546,296 Selling, general and administrative expenses - 125,324 Depreciation and amortization - 80,971 - 752,591 Operating income from discontinued operations - 87,378 Interest expense - (49,234) Income from discontinued operations before income tax provision - 38,144 Income tax provision - (10,883) Income from discontinued operations, net of tax - 27,261 Gain from disposal - 837,720 Total income from discontinued operations $ - $ 864,981

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Apr. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Other Commitments	The minimum rental commitments under the facility lease at April 30, 2017 is summarized as follows: Year ending April 30, 2018 $ 80,213 2019 80,213 2020 80,213 2021 66,844 Total minimum lease payments $ 307,483

DESCRIPTION OF THE BUSINESS A35

DESCRIPTION OF THE BUSINESS AND BASIS OF PRESENTATION (Details Textual)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Percentage Of International Operation	0.00%	60.00%

LIQUIDITY AND CAPITAL RESOURC36

LIQUIDITY AND CAPITAL RESOURCES (Details Textual)	Apr. 30, 2017USD ($)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Working Capital Surplus	$ 2,862,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 2,159,000

SUMMARY OF SIGNIFICANT ACCOUN37

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Customer A Concetration Risk [Member] | Sales Revenue, Net [Member]
Debt Instrument [Line Items]
Concentration Risk, Percentage	16.00%	17.00%
Customer A Concetration Risk [Member] | Accounts Receivable [Member]
Debt Instrument [Line Items]
Concentration Risk, Percentage	24.00%	0.00%
Customer B Concetration Risk [Member] | Accounts Receivable [Member]
Debt Instrument [Line Items]
Concentration Risk, Percentage	12.00%	0.00%
Customer C Concetration Risk [Member] | Accounts Receivable [Member]
Debt Instrument [Line Items]
Concentration Risk, Percentage	10.00%	21.00%
Customer D Concetration Risk [Member] | Accounts Receivable [Member]
Debt Instrument [Line Items]
Concentration Risk, Percentage	0.00%	34.00%
Customer E Concetration Risk [Member] | Accounts Receivable [Member]
Debt Instrument [Line Items]
Concentration Risk, Percentage	0.00%	10.00%

SUMMARY OF SIGNIFICANT ACCOUN38

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Contract Receivable Retainage	$ 730,000	$ 326,000
Percentage Of Labor Force Subject To Collective Bargaining Agreements	78.00%
Cash, FDIC Insured Amount	$ 1,564,000
Series H3 Preferred Stock [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities Purchase Agreement Held In Restricted Account	$ 500,000

BASIC AND DILUTED NET LOSS PE39

BASIC AND DILUTED NET LOSS PER COMMON SHARE (Details) - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Numerator:
Loss from continuing operations attributable to WPCS common shareholders	$ (2,256,194)	$ (9,118,522)
Income from discontinued operations, basic and diluted	0	(864,981)
Net loss attributable to WPCS common shareholders, basic and diluted	$ (2,256,194)	$ (8,270,046)
Denominator:
Basic and diluted weighted average shares outstanding	2,967,984	2,290,050
Basic and diluted loss from continuing operations per common share (in dollars per share)	$ (0.76)	$ (3.98)
Basic and diluted income from discontinued operations per common share (in dollars per share)	0	0.37
Basic and diluted loss per common share (in dollars per share)	$ (0.76)	$ (3.61)

BASIC AND DILUTED NET LOSS PE40

BASIC AND DILUTED NET LOSS PER COMMON SHARE (Details 1) - shares	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	7,683,000	5,661,000
Common stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	3,328,000	3,290,000
Series H, H-1, H-2 and H-3 Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,462,000	1,076,000
Common stock purchase warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,893,000	1,295,000

COSTS AND ESTIMATED EARNINGS 41

COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Details) - USD ($)	Apr. 30, 2017	Apr. 30, 2016
Costs incurred on uncompleted contracts	$ 16,362,011	$ 28,884,776
Estimated contract earnings	3,714,584	4,367,463
Gross Total	20,076,595	33,252,239
Less: Billings to date	21,771,566	34,253,318
Total	(1,694,971)	(1,001,079)
Costs and estimated earnings in excess of billings on uncompleted contracts	410,826	357,210
Billings in excess of cost and estimated earnings on uncompleted contracts	2,105,797	1,358,289
Total	$ (1,694,971)	$ (1,001,079)

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Property, Plant and Equipment, Gross	$ 1,725,405	$ 1,647,745
Less accumulated depreciation and amortization	(1,402,762)	(1,409,945)
Property, Plant and Equipment, Net	322,643	237,800
Furniture and fixtures [Member]
Property, Plant and Equipment, Gross	$ 98,550	74,265
Furniture and fixtures [Member] | Maximum [Member]
Estimated useful life (years)	7 years
Furniture and fixtures [Member] | Minimum [Member]
Estimated useful life (years)	5 years
Computers and software [Member]
Property, Plant and Equipment, Gross	$ 302,843	283,928
Computers and software [Member] | Maximum [Member]
Estimated useful life (years)	3 years
Computers and software [Member] | Minimum [Member]
Estimated useful life (years)	2 years
Vehicles [Member]
Property, Plant and Equipment, Gross	$ 914,217	909,175
Vehicles [Member] | Maximum [Member]
Estimated useful life (years)	7 years
Vehicles [Member] | Minimum [Member]
Estimated useful life (years)	5 years
Machinery and equipment [Member]
Property, Plant and Equipment, Gross	$ 118,106	88,689
Estimated useful life (years)	5 years
Leasehold improvements [Member]
Property, Plant and Equipment, Gross	$ 291,689	$ 291,688
Leasehold improvements [Member] | Maximum [Member]
Estimated useful life (years)	3 years
Leasehold improvements [Member] | Minimum [Member]
Estimated useful life (years)	2 years

PROPERTY AND EQUIPMENT (Detai43

PROPERTY AND EQUIPMENT (Details Textual) - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Depreciation, Depletion and Amortization	$ 115,454	$ 64,738

INCOME FROM SECTION 16 SETTLE44

INCOME FROM SECTION 16 SETTLEMENTS (Details Textual) - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Income From Section Sixteen Settlements [Line Items]
Proceeds from Legal Settlements	$ 0	$ 400,000

BANK LINE OF CREDIT (Details Te

BANK LINE OF CREDIT (Details Textual) - Revolving Credit Facility [Member] - USD ($)	1 Months Ended	12 Months Ended
	May 20, 2015	Apr. 30, 2017
Line of Credit Facility [Line Items]
Proceeds from Lines of Credit	$ 1,000,000
Line of Credit Facility, Initiation Date	May 20, 2015
Line of Credit Facility, Interest Rate During Period	2.00%	5.00%
Line of Credit Facility, Expiration Date	Aug. 15, 2017

LOANS PAYABLE (Details)

LOANS PAYABLE (Details) - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Debt Instrument [Line Items]
Carrying Value	$ 178,000	$ 149,000
Estimated Future Payment Within 1 Year	53,000	54,000
Estimated Future Payment After 1 year	$ 125,000	$ 95,000
0% automobile loan payable [Member]
Debt Instrument [Line Items]
Maturity Date	April 2018 - June 2019	April 2018 - May 2019
Stated Interest Rate	0.00%	0.00%
Carrying Value	$ 18,000	$ 25,000
Estimated Future Payment Within 1 Year	9,000	10,000
Estimated Future Payment After 1 year	$ 9,000	$ 15,000
1% automobile loan payable [Member]
Debt Instrument [Line Items]
Maturity Date	November 2,022
Stated Interest Rate	1.00%
Carrying Value	$ 23,000
Estimated Future Payment Within 1 Year	5,000
Estimated Future Payment After 1 year	$ 18,000
3% automobile loan payable [Member]
Debt Instrument [Line Items]
Maturity Date	November 2,022
Stated Interest Rate	3.00%
Carrying Value	$ 24,000
Estimated Future Payment Within 1 Year	5,000
Estimated Future Payment After 1 year	$ 19,000
4% automobile loan payable [Member]
Debt Instrument [Line Items]
Maturity Date	December 2016 - January 2020	August 2016 - January 2020
Stated Interest Rate	4.00%	4.00%
Carrying Value	$ 25,000	$ 58,000
Estimated Future Payment Within 1 Year	9,000	28,000
Estimated Future Payment After 1 year	$ 16,000	$ 30,000
5% automobile loan payable [Member]
Debt Instrument [Line Items]
Maturity Date	January 2020 - February 2020	January 2020 - February 2020
Stated Interest Rate	5.00%	5.00%
Carrying Value	$ 50,000	$ 66,000
Estimated Future Payment Within 1 Year	17,000	16,000
Estimated Future Payment After 1 year	$ 33,000	$ 50,000
7% automobile loan payable [Member]
Debt Instrument [Line Items]
Maturity Date	June 2,019
Stated Interest Rate	7.00%
Carrying Value	$ 23,000
Estimated Future Payment Within 1 Year	5,000
Estimated Future Payment After 1 year	$ 18,000
8% automobile loan payable [Member]
Debt Instrument [Line Items]
Maturity Date	October 2,021
Stated Interest Rate	8.00%
Carrying Value	$ 15,000
Estimated Future Payment Within 1 Year	3,000
Estimated Future Payment After 1 year	$ 12,000

RETIREMENT PLANS (Details)

RETIREMENT PLANS (Details) - International Brotherhood Of Electrical Workers District No9 Pension Plan [Member] - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Multiemployer Plans [Line Items]
Federal Identification Number	93-6074829
Pension Certified Zone Status		Green	Green
FIP/RP Status Pending or Implemented	No
Expiration of Collective Bargaining Arrangement	11/30/2017
Company's Contributions	$ 525,523	$ 366,923

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Current
Federal	$ 0	$ 0
State	1,632	1,706
Foreign	0	0
Totals	1,632	1,706
Deferred
Federal	0	0
State	0	0
Foreign	0	0
Totals	0	0
Total provision for income taxes (benefits)	$ 3,130	$ 1,706

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Expected tax (benefit) provision at statutory rate (34%)	$ (413,337)	$ (1,233,531)
State and local taxes, net of federal tax benefit	(684,228)	(675,924)
Valuation allowance	1,300,959	1,288,447
Deferred tax true-up	(320,038)
Write-off of foreign tax credits	0	265,600
Inducement Expense	0	136,000
Permanent differences	118,276	1,706
Other	0	219,408
Totals	$ 3,130	$ 1,706

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($)	Apr. 30, 2017	Apr. 30, 2016
Deferred tax assets:
Allowance for doubtful accounts	$ 100,989	$ 36,165
Bonus and vacation accruals	45,319	53,727
Non-qualified stock options	1,422,692	1,135,090
Valuation allowance	(1,569,000)	(1,224,973)
Deferred tax assets-current	0	0
Capital loss carryforward	4,768,005	4,126,345
Property and equipment	(12,725)	43,948
Net operating loss carryforward	12,962,521	12,590,576
Valuation allowance	(17,717,801)	(16,760,869)
Deferred tax assets (liabilities)-long term	0	0
Net deferred tax assets (liabilities)	$ 0	$ 0

INCOME TAXES (Details Textual)

INCOME TAXES (Details Textual) $ in Millions	12 Months Ended
	Apr. 30, 2017USD ($)
Operating Loss Carryforwards [Line Items]
Valuation Allowances and Reserves, Balance	$ 1.3
Valuation Allowances and Reserves, Period Increase (Decrease)	19.3
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	32.1
State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 32.8

SHAREHOLDERS_ EQUITY (Details)

SHAREHOLDERS’ EQUITY (Details) - USD ($)	Nov. 02, 2015	Apr. 30, 2017	Apr. 30, 2016	Apr. 30, 2015
Number of shares, Outstanding at beginning		3,290,273	40,688
Number of shares, Employee options granted	801,250	1,017,000	4,054,250
Number of shares, Forfeited/expired		(979,136)	(804,665)
Number of shares, Outstanding at ending		3,328,137	3,290,273	40,688
Number of shares, Options vested and exercisable		2,928,137
Weighted Average Exercise Price, Outstanding at beginning		$ 1.52	$ 18.8
Weighted Average Exercise Price, Employee options granted		1.35	1.32
Weighted Average Exercise Price, Forfeited/expired		1.38	1.37
Weighted Average Exercise Price, Outstanding at ending		1.51	$ 1.52	$ 18.8
Weighted Average Exercise Price, Options vested and exercisable		$ 1.53
Total Intrinsic Value, Outstanding at beginning		$ 0	$ 0
Total Intrinsic Value, Employee options granted		$ 0	$ 0
Total Intrinsic Value, Forfeited/expired		$ 0	$ 0
Total Intrinsic Value, Outstanding at ending		$ 108,655	$ 0	$ 0
Total Intrinsic Value, Options vested and exercisable		$ 108,655
Weighted Average Remaining Contractual Life (in years) Outstanding		8 years 8 months 12 days	9 years 4 months 24 days	5 years 10 months 24 days
Weighted Average Remaining Contractual Life (in years) Options granted		9 years 3 months 18 days	7 years 7 months 6 days
Weighted Average Remaining Contractual Life (in years) Forfeited/expired		0 years	0 years
Weighted Average Remaining Contractual Life (in years) Options vested and exercisable		8 years 6 months

SHAREHOLDERS' EQUITY (Details 1

SHAREHOLDERS' EQUITY (Details 1) - $ / shares	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Exercise price	$ 1.35
Expected term (years)	5 years	5 years
Expected stock price volatility	104.80%
Risk-free rate of interest	1.80%
Minimum [Member]
Exercise price		$ 1.19
Expected stock price volatility		101.70%
Risk-free rate of interest		1.30%
Maximum [Member]
Exercise price		$ 1.53
Expected stock price volatility		104.10%
Risk-free rate of interest		1.60%

SHAREHOLDERS' EQUITY (Details 2

SHAREHOLDERS' EQUITY (Details 2) - $ / shares	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Class of Stock [Line Items]
Number of Warrants, Outstanding Beginning Balance	1,295,269	15,510
Number Of Warrants, Warrants issued in connection with Series H-1 preferred stock for cash		1,279,759
Number Of Warrants, Warrants issued in connection with Series H-2 preferred stock for cash	495,750
Number Of Warrants, Warrants issued in connection with Series H-3 preferred stock for cash	1,101,751
Number of Warrants, Outstanding Ending Balance	2,892,770	1,295,269
Weighted Average Exercise Price, Outstanding Beginning Balance	$ 5.50	$ 7.25
Weighted Average Exercise Price, Warrants issued in connection with Series H-1 preferred stock for cash		1.66
Weighted Average Exercise Price, Warrants issued in connection with Series H-2 preferred stock for cash	1.21
Weighted Average Exercise Price, Warrants issued in connection with Series H-3 preferred stock for cash	1.38
Weighted Average Exercise Price, Outstanding Ending Balance	$ 3.23	$ 5.50
Weighted Average Remaining Life in years, Contractual Term		3 years 3 months 18 days
Weighted Average Remaining Life In Years, Contractual Term		4 years 2 months 12 days
Weighted Average Remaining Life in years, Warrants issued in connection with Series H-1 preferred stock for cash		4 years 3 months 18 days
Weighted Average Remaining Life in years, Warrants issued in connection with Series H-2 preferred stock for cash	4 years 7 months 6 days
Weighted Average Remaining Life in years, Warrants issued in connection with Series H-3 preferred stock for cash	4 years 10 months 24 days
Weighted Average Remaining Life in years, Common Stock Warrants Contractual Term	4 years 1 month 6 days

SHAREHOLDERS_ EQUITY (Details T

SHAREHOLDERS’ EQUITY (Details Textual) - USD ($)	Nov. 02, 2015	Mar. 30, 2017	Dec. 21, 2016	Apr. 25, 2016	Jul. 20, 2015	Jun. 30, 2015	Apr. 30, 2016	Apr. 30, 2017	Apr. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	801,250							1,017,000	4,054,250
Share-Based Compensation								$ 602,431	$ 2,506,239
Preferred Stock, Par or Stated Value Per Share							$ 0.0001	$ 0.0001	$ 0.0001
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term								5 years	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate								104.80%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate								1.80%
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost, Total							$ 822,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights								(i) the Company recording $30 million in sales revenue by April 30, 2016; or (ii) the Company closing a change in control merger transaction by September 1, 2016.
Share Based Compensation By Share Based Payment Award Vesting Condition Revenue Target								$ 30,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Plan Modification, Incremental Compensation Cost				$ 776,000
Proceeds from Issuance or Sale of Equity			$ 461,969
Restricted Investments		$ 500,000
Payments of Stock Issuance Costs		$ 42,000						$ 32,338
Percentage Of Conversion Shares To Be Acquired		7.00%
Series H2 Shares And Warrants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from Issuance or Sale of Equity		$ 600,000
Placement Agent Commission Fee Percentage		7.00%						7.00%
Equity And Convertible Debt [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Placement Agent Commission Fee Percentage								7.00%
Restricted Portion [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from Issuance or Sale of Equity		$ 35,000
Placement Agent Commission Fee Percentage		7.00%
Securities Purchase Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights					1,279,759
Proceeds from Issuance of Warrants					$ 1,575,000
promissory notes [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unsecured Debt, Current						$ 1,299,000
Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of Stock, Shares Issued								646,000
Common Stock [Member] | Securities Purchase Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Price					$ 0.1250
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate									101.70%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate									1.30%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate									104.10%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate									1.60%
Incentive Stock Plan 2014 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance								3,659,091
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant								330,954
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Outstanding Options								3,328,137
Incentive Stock Plan 2014 [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Exercise Price								$ 1.19
Incentive Stock Plan 2014 [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Exercise Price								$ 26.40
Stock Option Plan 2002 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period								10 years
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation								$ 2,438,734
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation								67,500
Series H Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred Stock, Par or Stated Value Per Share						$ 154
Convertible Preferred Stock, Conversion Price						$ 1.54
Debt Conversion, Converted Instrument, Amount								$ 0	$ 1,299,000
Series H Preferred Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners						9.99%
Series H Convertible Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, New Issues						8,435
Preferred Stock, Par or Stated Value Per Share						$ 0.0001
Series H Convertible Preferred Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights					1.63
Series H Convertible Preferred Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights					1.66
Series H-1 Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred Stock, Shares Issued							8,119	4,289	8,119
Preferred Stock, Par or Stated Value Per Share						166
Convertible Preferred Stock, Conversion Price						$ 1.66
Series H-1 Preferred Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners						9.99%
Series H-1 Preferred Convertible Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair Value Of Warrants								$ 1,649,000
Fair Value Of Convertible Preferred Stock								$ 841,000
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term								5 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate								103.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate								2.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate								0.00%
Proceeds from Issuance of Warrants								$ 1,575,000
Debt Instrument, Convertible, Conversion Price								$ 0.80
Debt Conversion, Converted Instrument, Amount								$ 704,000
Conversion of Stock, Amount Issued								$ 378,000	$ 41,000
Series H-1 Preferred Convertible Stock [Member] | Securities Purchase Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred Stock, Par or Stated Value Per Share					$ 0.0001
Number Shares To Be Issued					8,532
Series H-1 Preferred Convertible Stock [Member] | Minimum [Member] | Securities Purchase Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Purchase Price					$ 163
Series H-1 Preferred Convertible Stock [Member] | Maximum [Member] | Securities Purchase Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Purchase Price					$ 166
Convertible Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of Stock, Shares Issued								1,408,000
Convertible Preferred Stock [Member] | Make Whole Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of Stock, Shares Issued								205,000
Convertible Preferred Stock [Member] | Dividend Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion of Stock, Shares Issued								46,000
Series H-2 Convertible Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred Stock, Par or Stated Value Per Share			$ 121
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			1.21
Convertible Preferred Stock, Conversion Price			$ 1.21
Fair Value Of Warrants								$ 462,000
Fair Value Of Convertible Preferred Stock								$ 231,000
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term								5 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate								238.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate								2.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate								0.00%
Proceeds from Issuance of Warrants								$ 462,000
Debt Instrument, Convertible, Conversion Price								$ 0.60
Debt Conversion, Converted Instrument, Amount								$ 183,000
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners			9.99%
Series H-2 Convertible Preferred Stock [Member] | Securities Purchase Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Price			$ 121
Number Shares To Be Issued			3,305
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			0.0001
Purchase Price			$ 495,750
Series H3 Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Price		$ 138
Preferred Stock, Shares Issued		7,017					0	7,017	0
Preferred Stock, Par or Stated Value Per Share		$ 0.0001
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		1,101,751
Purchase Price For Each Warrant		$ 0.1250
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 1.38
Proceeds from Issuance or Sale of Equity		$ 1,100,000
Series H-2 Warrants [Member] | Securities Purchase Agreement [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Price			$ 0.1250
Series H-3 Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred Stock, Par or Stated Value Per Share		$ 138
Convertible Preferred Stock, Conversion Price		$ 1.38
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners		9.99%
Series H-3 Preferred Convertible Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair Value Of Warrants								$ 1,147,000
Fair Value Of Convertible Preferred Stock								$ 557,000
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term								5 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate								106.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate								1.93%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate								0.00%
Proceeds from Issuance of Warrants								$ 1,147,000
Debt Instrument, Convertible, Conversion Price								$ 0.69
Debt Conversion, Converted Instrument, Amount								$ 476,000

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - USD ($)	12 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Revenue	$ 0	$ 839,969
Costs and expenses:
Cost of revenue	0	546,296
Selling, general and administrative expenses	0	125,324
Depreciation and amortization	0	80,971
Disposal Group, Including Discontinued Operation, Operating Expense	0	752,591
Operating income from discontinued operations	0	87,378
Interest expense	0	(49,234)
Income from discontinued operations before income tax provision	0	38,144
Income tax provision	0	(10,883)
Income from discontinued operations, net of tax	0	27,261
Gain from disposal	0	837,720
Total income from discontinued operations	$ 0	$ 864,981

DISCONTINUED OPERATIONS (Deta57

DISCONTINUED OPERATIONS (Details Textual) - USD ($)	Aug. 14, 2015	Jun. 03, 2015	Sep. 20, 2015	Apr. 30, 2017	Apr. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Security Deposit					$ 0
Disposal Group, Including Discontinued Operation, Revenue				$ 0	839,969
China Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Refundable deposit received		$ 150,000
Proceeds From Received Remaining Cash	$ 1,350,000
Payments For Broker’s Fee	100,000
Escrow Deposit	$ 100,000		$ 93,000
Payments To Buyer For Outstanding Tax			$ 7,000
Gain (Loss) on Sale of Investments				838,000
Proceeds from Sale of Investment Projects				1,500,000
Gain (Loss) on Disposition of Assets				9,350,000
Gain Loss On Disposition Of Liabilities				7,935,000
Accumulated Other Comprehensive Income (Loss), Net of Tax				349,000
Stockholders' Equity Attributable to Noncontrolling Interest				577,000
Disposal Group, Including Discontinued Operation, Other Expense				174,000
Disposal Group, Including Discontinued Operation, Revenue				0	212,000
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net				$ 0	$ 0
China Operations [Member] | Halcyon Coast Investment [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued Operation Sale Price		$ 1,500,000

COMMITMENTS AND CONTINGENCIES58

COMMITMENTS AND CONTINGENCIES (Details)	Apr. 30, 2017USD ($)
Year ending April 30,
2,018	$ 80,213
2,019	80,213
2,020	80,213
2,021	66,844
Total minimum lease payments	$ 307,483

COMMITMENTS AND CONTINGENCIES59

COMMITMENTS AND CONTINGENCIES (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
	Sep. 29, 2015	Apr. 30, 2017	Apr. 30, 2016
Gain Contingencies [Line Items]
Operating Leases, Rent Expense		$ 207,000	$ 101,000
Chief Executive Officer [Member]
Gain Contingencies [Line Items]
Salaries, Wages and Officers' Compensation, Total	$ 350,000
Chief Financial Officer [Member]
Gain Contingencies [Line Items]
Salaries, Wages and Officers' Compensation, Total	$ 150,000

INCOME FROM ARBITRATION SETTL60

INCOME FROM ARBITRATION SETTLEMENTS (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
	Jun. 16, 2016	Apr. 30, 2017	Apr. 30, 2016
Proceeds from Legal Settlements		$ 0	$ 400,000
Cooper Medical School [Member]
Proceeds from Legal Settlements	$ 1,150,000