U.S. Gold (USAU) 10-Q 21 Mar 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Jan. 31, 2014	Mar. 21, 2014
Document And Entity Information	'	'
Entity Registrant Name	'Dataram Corporation	'
Entity Central Index Key	'0000027093	'
Document Type	'10-Q	'
Document Period End Date	31-Jan-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--04-30	'
Is Entity a Well-known Seasoned Issuer?	'No	'
Is Entity a Voluntary Filer?	'No	'
Is Entity's Reporting Status Current?	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	2,104,662
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2014	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Jan. 31, 2014	Apr. 30, 2013
Current assets:	'	'
Cash and cash equivalents	$333	$324,235
Accounts receivable, less allowance for doubtful accounts and sales returns of $220,000 at October 31, 2013 and $200,000 at April 30, 2013	2,658,672	2,884,653
Inventories	2,272,201	2,903,054
Note receivable	'	275,000
Other current assets	65,831	81,283
Total current assets	4,997,037	6,468,225
Property and equipment, at cost:	'	'
Machinery and equipment	450,963	11,732,970
Leasehold improvements	607,867	607,867
Property and equipment, gross	1,058,830	12,340,837
Less: accumulated depreciation and amortization	816,867	11,916,197
Net property and equipment	241,963	424,640
Other assets	49,210	55,742
Intangible assets, net of accumulated amortization	10,566	132,966
Goodwill	1,083,555	1,083,555
Total assets	6,382,331	8,165,128
Current liabilities:	'	'
Note payable-revolving credit line	1,742,371	1,876,128
Accounts payable	1,097,374	947,552
Accrued liabilities	1,013,365	684,509
Due to related party - current portion	400,000	400,000
Total current liabilities	4,253,110	3,908,189
Due to related party - long term	466,667	1,266,667
Total liabilities	4,719,777	5,174,856
Stockholders' equity:	'	'
Common stock, par value $1.00 per share. Authorized 54,000,000 shares; issued and outstanding 2,104,662 at January 31, 2014 and 1,754,662 at April 30, 2013	2,104,662	1,754,662
Additional paid-in capital	19,676,821	19,287,931
Accumulated deficit	-20,118,929	-18,052,321
Total stockholders' equity	1,662,554	2,990,272
Total liabilities and stockholders' equity	$6,382,331	$8,165,128

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Jan. 31, 2014	Apr. 30, 2013
Statement of Financial Position [Abstract]	'	'
Allowance for doubtful accounts and sales returns	$220,000	$200,000
Common stock, par value	$1	$1
Common stock, authorized shares	54,000,000	54,000,000
Common stock, issued shares	2,104,662	1,754,662
Common stock, outstanding shares	2,104,662	1,754,662

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
Income Statement [Abstract]	'	'	'	'
Revenues	$7,641,079	$6,438,961	$22,418,038	$21,396,469
Costs and expenses:	'	'	'	'
Cost of sales	6,223,013	4,928,798	17,869,323	17,005,203
Engineering	303,942	152,388	922,961	548,224
Selling, general and administrative	1,910,085	2,069,826	5,580,085	6,613,321
Gain on asset disposal	17,916	'	120,916	'
Total costs and expenses	8,419,124	7,151,012	24,251,453	24,166,748
Loss from operations	-778,045	-712,051	-1,833,415	-2,770,279
Other income (expense):	'	'	'	'
Interest expense, net	-69,831	-73,586	-245,826	-216,336
Currency gain (loss)	1,090	3,974	12,633	-18,522
Total other expense, net	-68,741	-69,612	-233,193	-234,858
Loss before income taxes	-846,786	-781,663	-2,066,608	-3,005,137
Income tax expense	'	'	'	'
Net loss	($846,786)	($781,663)	($2,066,608)	($3,005,137)
Net loss per share of common stock	'	'	'	'
Basic	($0.40)	($0.44)	($1.08)	($1.68)
Diluted	($0.40)	($0.44)	($1.08)	($1.68)

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013
Cash flows from operating activities:	'	'
Net loss	($2,066,608)	($3,005,137)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Gain on sale of property and equipment	120,916	'
Depreciation and amortization	266,400	327,700
Bad debt expense	174,859	57,888
Stock-based compensation expense	43,399	205,033
Changes in assets and liabilities:	'	'
Decrease in accounts receivable	326,122	238,838
Decrease in inventories	630,853	19,435
Decrease (increase) in other current assets	15,452	-46
Decrease (increase) in other assets	6,532	-1,086
Increase (decrease) in accounts payable	149,822	-386,516
Decrease in accrued liabilities	-11,551	-122,802
Net cash used in operating activities	-585,636	-2,666,693
Cash flows from investing activities:	'	'
Acquisition of business	'	-68,521
Additions to property and equipment	'	-5,950
Proceeds from sale of property and equipment	500,000	'
Issuance of note receivable	'	-750,000
Net cash provided by (used in) investing activities	500,000	-824,471
Cash flows from financing activities:	'	'
Net proceeds (payments) under revolving credit line	-133,757	1,351,364
Net payments of note payable to related party	-800,000	-233,333
Net proceeds from sale of common shares	695,491	'
Purchase of treasury stock	'	-142,262
Net cash provided by (used in) financing activities	-238,266	975,769
Net increase (decrease) in cash and cash equivalents	-323,902	-2,515,395
Cash and cash equivalents at beginning of period	324,235	3,274,741
Cash and cash equivalents at end of period	333	759,346
Supplemental disclosures of cash flow information:	'	'
Cash paid during the period for interest	$256,665	$146,824

Description_of_Business_and_Si

Description of Business and Significant Accounting Policies	3 Months Ended
	Jan. 31, 2014
Accounting Policies [Abstract]	'
Description of Business and Significant Accounting Policies	'
	(1) Description of Business and Significant Accounting Policies
	Dataram Corporation (“the Company”) is a developer, manufacturer and marketer of large capacity memory products primarily used in high-performance network servers and workstations. The Company provides customized memory solutions for original equipment manufacturers (OEMs) and compatible memory for leading brands including Dell, HP, IBM and Sun Microsystems as well as a line of memory products for Intel and AMD motherboard based servers. The Company has also developed memory for the consumer market which is sold as AMD branded memory and sold through online retailer. In addition the Company develops and markets proprietary software.
	The Company’s memory products are sold worldwide to OEMs, distributors, value-added resellers and end-users. The Company has one leased manufacturing facility in the United States with sales offices in the United States and Europe.
	The Company is an independent memory manufacturer specializing in high-capacity memory and competes with several other large independent memory manufacturers as well as the OEMs mentioned above. The primary raw material used in producing memory boards is dynamic random access memory (DRAM) chips. The purchase cost of DRAMs is the largest single component of the total cost of a finished memory board. Consequently, average selling prices for computer memory boards are significantly dependent on the pricing and availability of DRAM chips.
	Liquidity and Basis of Presentation
	The information for the three and nine months ended January 31, 2014 and 2013 is unaudited, but includes all adjustments (consisting of normal recurring adjustments) which, in the opinion of management, are necessary to state fairly the financial information set forth therein in accordance with accounting principles generally accepted in the United States of America. The interim results are not necessarily indicative of results to be expected for the full fiscal year. These financial statements should be read in conjunction with the audited financial statements for the year ended April 30, 2013 included in the Company’s 2013 Annual Report on Form 10-K filed with the Securities and Exchange Commission. The April 30, 2013 balance sheet has been derived from these statements.
	The Company's financial statements are prepared using the accrual method of accounting in accordance with accounting principles generally accepted in the United States of America and have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. For the fiscal years ended April 30, 2013, 2012 and 2011, the Company incurred losses in the amounts of approximately $4,625,000, $3,259,000 and $ 4,634,000, respectively. For the nine months ended January 31, 2014 the Company has incurred losses of approximately $2,067,000 and used approximately $586,000 cash from operations.
	As discussed in Note 9, the Company entered into financing agreements to address short-term liquidity needs. Also, as discussed in Note 10, on May 11, 2011 and September 18, 2013, the Company entered into securities purchase agreements with different investors. Management believes that the aggregate $3,500,000 available under its credit facility combined with current projected losses will not be sufficient to meet its current obligations and the Company will need to raise additional capital through borrowings or sales of equity securities. There can be no assurance that the Company will be able to obtain borrowings or complete a sale of additional equity securities at terms acceptable to the Company, or at all. The Company is considering calling a Special Meeting of its shareholders to approve the sale of securities above the 20% NASDAQ limitation as well as approval to issue preferred stock. If the Company is able to get shareholder approval, the ability to sell additional common shares, issue preferred shares and obtain financing from convertible debt instruments will be less constrictive. In addition, the Company is considering lowering the exercise price of its outstanding warrants to encourage the exercise of those warrants.
	Our continuation as a going concern is dependent upon obtaining the additional working capital necessary to sustain our operations. Our future is dependent upon our ability to obtain financing, raise additional capital through the sales of equity and or debt securities and upon future profitable operations. There is no assurance that our current operations will be profitable or we will raise sufficient funds to continue operating.
	If current and projected revenue growth does not meet estimates, the Company may continue to choose to raise additional capital through debt and/or equity transactions, reduce certain overhead costs through the deferral of salaries and other means, and settle liabilities through negotiation. Currently, the Company does not have any commitments or assurances for additional capital, nor can the Company provide assurance that such financing will be available to it on favorable terms, or at all. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event we cannot continue in existence. Management projects the Company currently has sufficient cash and borrowing availability after considering proceeds received from the equity transaction described in Note 15 to last into the fiscal quarter ending October 31, 2014. The Company intends to raise additional capital through bank financing and additional sales of equity and/or debt securities in the current fiscal year. Specifically, the Company intends to sell the remaining shares available under its S-3 registration statement, which expires April 10, 2014, and provide incentives to warrant holders to exercise their warrants. In addition, the Company intends to negotiate an inventory line of credit that will provide sufficient cash to satisfy its debt to the related party resulting in reduced interest cost and provide $400,000 of working capital each year for the next two years. There can be no assurance that the Company will be successful in closing these transactions or raise sufficient cash to meet its obligations through fiscal 2014.
	Plan of Operation
	The Company has been experiencing losses due to the decline and instability of DRAM prices and the historical investment in XcelaSAN. It is uncertain how long the current level of DRAM pricing will continue, or whether or when prices will rise in the near future. Until such time that the Company can raise prices, it will continue to seek alternative methods of generating profits and cash flow. For example, the Company continues to pursue product diversification, either by development or as a contract manufacturer. Additionally, the Company will continue to identify joint ventures, strategic partnerships and business combination opportunities. There can be no assurance that any of these initiatives will mature to profitability and positive cash flow, or even occur. During fiscal 2013, the Company signed three agreements with AMD for the sale of AMD branded products. The products fall into three categories; RAMDisk software; consumer memory for the gaming and entertainment industries; and server memory for AMD and other servers. The Company is working to expand sales of all three product offerings through expansion with current etailers and adding new etailers.   Newegg was the first etailer and has been selling all three products online for months. Canada Computer is selling the consumer and RAMDisk product lines. Microcenter, Amazon NCIX, Memory Express and Tiger Direct all sell the consumer line of products. Discussions are progressing to add the server and RAMDisk product lines to all of their websites and with new etailers. The Company also is expanding its consumer memory outlets and the development of software to complement RAMDisk in other areas of caching.
	Stock Split
	On January 31, 2013, the Company filed a proxy statement with the Securities and Exchange Commission for the purpose of calling a special meeting of its stockholders. The Board of Directors asked the stockholders to approve the Board’s action in effecting a reverse split of its Common Stock at a ratio of no less than 1 for 3 and no greater than 1 for 6. The meeting was held at the Company’s offices on March 13, 2013. The stockholders approved the action and immediately following the meeting, the Board of Directors voted to affect a reverse split of its common stock at the ratio of 1 for 6. The split shares were effective with the opening of trading on March 15, 2013. Relevant financial data has been adjusted in this report to reflect the 1 for 6 reverse stock-split.
	Principles of Consolidation
	The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, including deferred tax asset valuation allowances and certain other reserves and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates and assumptions are reviewed periodically and the effects of revisions are reflected in the consolidated financial statements in the period they are determined to be necessary. Some of the more significant estimates made by management include the allowance for doubtful accounts and sales returns, the collectability of note receivable, the deferred income tax asset valuation allowance and other operating allowances and accruals. Actual results could differ from those estimates.
	Engineering and Research and Development
	Research and development costs are expensed as incurred, including Company-sponsored research and development and costs of patents and other intellectual property that have no alternative future use when acquired and in which we had an uncertainty in receiving future economic benefits. Development costs of a computer software product to be sold, leased, or otherwise marketed are subject to capitalization beginning when a product’s technological feasibility has been established and ending when a product is available for general release to customers. Technological feasibility of a computer software product is established when all planning, designing, coding and testing activities that are necessary to establish that the product can be produced to meet its design specifications (including functions, features and technical performance requirements) are completed.
	Advertising
	Advertising is expensed as incurred and amounted to approximately $25,000 and $115,000 in the three and nine months periods ended January 31, 2014, respectively verses approximately $33,000 and $100,000 in the comparable prior year periods.
	Income Taxes
	The Company utilizes the asset and liability method of accounting for income taxes in accordance with the provisions of the “Expenses – Income Taxes Topic” of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). Under the asset and liability method, deferred income tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. A valuation allowance is provided when it is more likely than not that some portion or all of the deferred income tax assets will not be realized. The Company considers certain tax planning strategies in its assessment as to the recoverability of its tax assets. Deferred income tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in earnings in the period that the tax rate changes. The Company recognizes, in its consolidated financial statements, the impact of a tax position, if that position is more likely than not to be sustained on audit, based on technical merits of the position.  There are no material unrecognized tax positions in the financial statements. As of January 31, 2014, the Company had Federal and State net operating loss (“NOL”) carry-forwards of approximately $23,500,000 and $21,800,000, respectively. These can be used to offset future taxable income and expire between 2023 and 2033 for Federal tax purposes and 2016 and 2033 for State tax purposes. The Company’s NOL carry-forwards are a component of its deferred income tax assets which are reported net of a full valuation allowance in the Company’s consolidated financial statements at January 31, 2014 and April 30, 2013.
	Net Loss per Share
	Basic net loss per share is computed by dividing the net loss by the weighted average number of shares of common stock issued and outstanding during the period. The calculation of diluted loss per share for the three and nine months ended January 31, 2014 and 2013 includes only the weighted average number of shares of common stock outstanding. The denominator excludes the dilutive effect of stock options and warrants outstanding as their effect would be anti-dilutive. The following presents a reconciliation of the numerator and denominator used in computing basic and diluted net loss per share for the three and nine month periods ended January 31, 2014 and 2013. The January 31, 2013 three and nine month amounts shown have been adjusted to reflect the reverse 1-for-6 stock split effective March 18, 2013.
			Three Months ended January 31, 2014
			Loss			Shares		Per share
			(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding		$	(846,786	)		2,104,662	$	(.40	)
	Effect of dilutive securities – stock options			—			—		—
	Effect of dilutive securities – warrants			—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants		$	(846,786	)		2,104,662	$	(.40	)
			Three Months ended January 31, 2013
			Loss			Shares		Per share
			(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding		$	(781,663	)		1,782,925	$	(.44	)
	Effect of dilutive securities – stock options			—			—		—
	Effect of dilutive securities – warrants			—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants		$	(781,663	)		1,782,925	$	(.44	)
			Nine Months ended January 31, 2014
			Loss			Shares		Per share
			(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding		$	(2,066,608	)		1,919,517	$	(1.08	)
	Effect of dilutive securities – stock options			—			—		—
	Effect of dilutive securities – warrants			—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants		$	(2,066,608	)		1,919,517	$	(1.08	)
			Nine Months ended January 31, 2013
			Loss			Shares		Per share
			(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding		$	(3,005,137	)		1,784,898	$	(1.68	)
	Effect of dilutive securities – stock options			—			—		—
	Effect of dilutive securities – warrants			—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options		$	(3,005,137	)		1,784,898	$	(1.68	)
	Diluted net loss per common share for the three and nine month periods ended January 31, 2014 and 2013 do not include the effect of options to purchase 287,746 and 294,908 shares, respectively, of common stock because they are anti-dilutive. Diluted net loss per common share for the three and nine month periods ended January 31, 2014 and 2013 do not include the effect of warrants to purchase 221,875 shares of common stock because they are anti-dilutive.
	Common Stock Repurchases
	On December 4, 2002, the Company announced an open market repurchase plan providing for the repurchase of up to 83,333 shares of the Company’s common stock. On April 10, 2012, the Company announced the additional authorization to repurchase up to 138,000 shares of the Company’s common stock which at that time made a total of 166,667 shares available for purchase. The Company did not purchase shares in fiscal 2014’s nine months ended January 31, 2014. In fiscal 2013’s first quarter ended July 31, 2012, the Company repurchased 22,942 shares for a total cost of $142,262. The 22,942 shares purchased were cancelled in fiscal 2013. In fiscal 2012 the Company repurchased 7,315 shares at a total cost of $45,299. The 7,315 shares were cancelled in Fiscal 2012. As of January 31, 2014, the total number of shares authorized for purchase under the program is 136,408 shares.
	Stock Option Expense
	a. Stock-Based Compensation
	The Company has a 2001 incentive and non-statutory stock option plan for the purpose of permitting certain key employees to acquire equity in the Company and to promote the growth and profitability of the Company by attracting and retaining key employees. In general, the plan allows granting of up to 300,000 shares of the Company’s common stock at an option price to be no less than the fair market value of the Company’s common stock on the date such options are granted. Options granted under the plan vest ratably on the annual anniversary date of the grants. Vesting periods for options currently granted under the plan range from one to five years. No further options may be granted under this plan.
	The Company also has a 2011 incentive and non-statutory stock option plan for the purpose of permitting certain key employees and consultants to acquire equity in the Company and to promote the growth and profitability of the Company by attracting and retaining key employees. No executive officer or director of the Company is eligible to receive options under the 2011 plan. In general, the plan allows granting of up to 33,333 shares of the Company’s common stock at an option price to be no less than the fair market value of the Company’s common stock on the date such options are granted. Options granted under the plan vest ratably on the annual anniversary date of the grants. Vesting periods for options currently granted under the plan range from one to five years. There have been 25,000 shares granted under this plan.
	The Company periodically grants nonqualified stock options to non-employee directors of the Company. These options are granted for the purpose of retaining the services of directors who are not employees of the Company and to provide additional incentive for such directors to work to further the best interests of the Company and its shareholders. The options granted to these non-employee directors are exercisable at a price representing the fair value at the date of grant and expire either five or ten years after date of grant. Vesting periods for options currently granted range from one to two years.
	On September 23, 2010, the Company granted Mr. Sheerr, who is employed by the Company as the General Manager of the acquired Micro Memory Bank, Inc. (“MMB”) business unit described in Note 2 and is an executive officer of the Company, nonqualified stock options to purchase 16,667 shares of the Company’s common stock pursuant to his employment agreement. On September 22, 2011, the Company granted Mr. Sheerr additional nonqualified stock options to purchase 16,667 shares of the Company’s common stock, pursuant to his employment agreement. On July 19, 2012, the Company granted Mr. Sheerr additional nonqualified stock options to purchase 16,667 shares of the Company’s common stock, also pursuant to his employment agreement. The options granted are exercisable at a price representing the fair value at the date of grant and expire five years after date of grant. The options vested in one year.
New shares of the Company's common stock are issued upon exercise of stock options.
As required by the “Compensation - Stock Compensation” Topic of the FASB, the accounting for transactions in which an enterprise receives employee services in exchange for (a) equity instruments of the enterprise or (b) liabilities that are based on the fair value of the enterprise’s equity instruments or that may be settled by the issuance of such equity instruments are accounted for using a fair value-based method with a recognition of an expense for compensation cost related to share-based payment arrangements, including stock options and employee stock purchase plans.
Our consolidated statements of operations for the three and nine month periods ended January 31, 2014 include approximately $5,000 and $43,000 of stock-based compensation expense, respectively. Fiscal 2013’s three and nine month periods ended January 31, 2013 include approximately $26,000 and $205,000 of stock-based compensation expense, respectively. These stock option grants have been classified as equity instruments and, as such, a corresponding increase has been reflected in additional paid-in capital in the accompanying consolidated balance sheets. The fair value of each stock option granted is estimated on the date of grant using the Black-Scholes option pricing model.
A summary of option activity for the nine months ended January 31, 2014 is as follows:
		Shares			Weighted		Weighted			Aggregate
					average		average			intrinsic
					exercise		remaining			value
					price		contractual
							life (1)
Balance April 30, 2013			311,575		$	12.4		5.02		$	—
Granted			—			—		—			—
Exercised			—			—		—			—
Expired			(32,164	)	$	14.37		—			—
Balance January 31, 2014			279,411		$	12.17		4.47			2,500
Exercisable January 31, 2014			254,411		$	13.13		4.01			—
Expected to vest January 31, 2014			265,000		$	12.17		4.47			2,500
	-1	This amount represents the weighted average remaining contractual life of stock options in years.
As of January 31, 2014, there was approximately $24,000 of total unrecognized compensation costs related to stock options. These costs are expected to be recognized over a weighted average period of approximately fifteen months.
b. Other Stock Options
On June 30, 2008, the Company granted options to purchase 8,333 shares of the Company’s common stock to a privately held company in exchange for certain patents and other intellectual property. The options granted are exercisable at a price of $15.60 per share, which was the fair value at the date of grant, were 100% exercisable on the date of grant and expire ten years after the date of grant.

Acquisition

Acquisition	3 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Acquisition	'
	(2) Acquisition
	On March 31, 2009, the Company acquired certain assets of MMB, a privately held corporation. MMB is a manufacturer of legacy to advanced solutions in laptop, desktop and server memory products. Under the terms of the agreement with MMB, the remaining portion of the purchase price was contingently payable based upon the performance of the new Company business unit to be operated as a result of the acquisition (”MMB business unit”) and consists of a percentage, averaging 65%, payable quarterly, over the subsequent four years from acquisition date of earnings before interest, taxes, depreciation and amortization of the MMB business unit. The purchase price agreement expired March 31, 2013. The net assets acquired by the Company were recorded at their respective fair values under the purchase method of accounting. The results of operations of MMB for the period from the acquisition date, March 31, 2009, through January 31, 2014 have been included in the consolidated results of operations of the Company.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Related Party Transactions	'
	(3) Related Party Transactions
	During the three month periods ending January 31, 2014 and 2013, the Company purchased inventories for resale totaling approximately $872,000 and $584,000, respectively, from Sheerr Memory. During the nine month periods ending January 31, 2014 and 2013, the Company purchased inventories for resale totaling approximately $2,336,000 and $2,696,000, respectively, from Sheerr Memory, LLC (Sheerr Memory). Sheerr Memory’s owner (“Mr. Sheerr”) is employed by the Company as the general manager of the acquired MMB business unit described in Note 2 and is an executive officer of the Company. When the Company acquired certain assets of MMB, it did not acquire any of its inventories. However, the Company informally agreed to purchase such inventory on an as needed basis, provided that the offering price was a fair market value price. The inventory acquired was purchased subsequent to the acquisition of MMB at varying times and consisted primarily of raw materials and finished goods used to produce products sold by the MMB business unit. Approximately $416,000 and $74,000, respectively, of accounts payable in the Company’s consolidated balance sheets as of January 31, 2014 and 2013 is payable to Sheerr Memory. Sheerr Memory offers the Company trade terms of net 30 days and all invoices are settled in the normal course of business. No interest is paid. The Company has made further purchases from Sheerr Memory subsequent to January 31, 2014 and management anticipates that the Company will continue to do so, although the Company has no obligation to do so. Management believes that transactions with Keystone Memory Group are at prices and terms that are better or equal to prices and terms that could be obtained from other suppliers.
	During the three month periods ending January 31, 2014 and 2013, the Company purchased inventories for resale totaling approximately $432,000 and $79,000, respectively, from Keystone Memory Group (“Keystone Memory”). During the nine month periods ending January 31, 2014 and 2013, the Company purchased inventories for resale totaling approximately $770,000 and $298,000, respectively, from Keystone Memory. Keystone Memory’s owner is a relative to Mr. Sheerr who is employed by the Company as the general manager of the acquired MMB business unit described in Note 2 and is an executive officer of the Company. The Company has made further purchases from Keystone Memory Group subsequent to January 31, 2014 and management anticipates that the Company will continue to do so, although the Company has no obligation to do so.
	On December 14, 2011, the Company entered into a Note and Security Agreement with Mr. Sheerr. The agreement provides for secured financing of up to $2,000,000. The Company is obligated to pay monthly, interest equal to 10% per annum calculated on a 360 day year of the outstanding loan balance. Principal is payable in sixty equal monthly installments, beginning on July 15, 2012. The Company may prepay any or all sums due under this agreement at any time without penalty. The Company has borrowed the full $2,000,000 available under this agreement. Principal amounts due under this obligation are $33,333 per month which began on July 15, 2012.
	The Company amended and restated its Note and Security Agreement with Mr. Sheerr as of October 31, 2013; the Company sold certain equipment and furniture for a purchase price of $500,000 to David Sheerr. The Company used the proceeds of the purchase price received from David Sheerr to reduce the principal amount of the original loan by an amount equal to $500,000. The principal amount was reduced to $966,667 at October 31, 2013. The Company is obligated to pay monthly, interest equal to 10% per annum calculated on a 360 day year of the outstanding loan balance. Principal is payable in 29 equal monthly installments of $33,333, beginning on November 15, 2013 and subsequently on the 15th day of each month thereafter, until paid in full. Interest expense recorded for the Note in the three and nine months ended January 31, 2014 was $22,991 and $102,213, respectively. Interest expense recorded for the Note in the three and nine months ended January 31, 2013 was $45,991 and $145,370, respectively. Interest payable to Mr. Sheerr on January 31, 2014 was $7,463.
	As of October 31, 2013, the Company also entered into an agreement with Mr. Sheerr to leaseback the aforementioned equipment and furniture that was sold to David Sheerr on October 31, 2013. The lease is for a term of 60 months and the Company is obligated to pay approximately $7,500 per month for the term of the lease. The Company has an option to extend the lease for an additional two year period. The transactions described have been accounted for as a sale-leaseback transaction. Accordingly, the Company recognized a gain on the sale of assets of approximately $103,000, which is the amount of the gain on sale in excess of present value of the future lease payments, in the quarter ended October 31, 2013. The Company recognized $17,916 gain in the quarter ended January 31, 2014 and will recognize the remaining approximately $340,000 in proportion to the related gross rental charged to expense over the term of the lease, 60 months.

Cash_and_Cash_Equivalents

Cash and Cash Equivalents	3 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Cash and Cash Equivalents	'
	(4) Cash and Cash Equivalents
	Cash and cash equivalents consist of unrestricted cash and money market accounts.

Accounts_Receivable

Accounts Receivable	3 Months Ended
	Jan. 31, 2014
Receivables [Abstract]	'
Accounts Receivable	'
	(5) Accounts Receivable
	Accounts receivable consists of the following categories:
		January 31,			April 30,
		2014			2013
	Trade receivables	$	2,748,383		$	2,961,838
	Other receivables		130,289			122,815
	Allowance for doubtful accounts and sales returns		(220,000	)		(200,000	)
		$	2,658,672		$	2,884,653

Inventories

Inventories	3 Months Ended
	Jan. 31, 2014
Inventory Disclosure [Abstract]	'
Inventories	'
	(6) Inventories
	Inventories are valued at the lower of cost or market, with costs determined by the first-in, first-out method. Inventories at January 31, 2014 and April 30, 2013 consist of the following categories:
		January 31,		April 30,
		2014		2013
	Raw materials	$	1,492,510	$	1,425,386
	Work in process		9,889		88,603
	Finished goods		769,802		1,389,065
		$	2,272,201	$	2,903,054

Note_Receivable

Note Receivable	3 Months Ended
	Jan. 31, 2014
Receivables [Abstract]	'
Note Receivable	'
	(7) Note Receivable
	On July 30, 2012, a Convertible Senior Promissory Note was executed by and between Shoreline Memory, Inc. (“Shoreline”) and the Company whereby the Company could lend up to $1,500,000 to Shoreline in exchange for interest payments at prime plus 3.0% and the right to convert the amount outstanding into Common Stock of Shoreline on or before its maturity date. Each time the Company advanced money under the note, the Company was granted 1% of the outstanding Common Stock of Shoreline for every $100,000 advanced up to a maximum of 15%. This was in addition to the 15% allowable under the conversion of the note and the warrant to acquire 30% of Shoreline Common Stock. The conversion is at the rate of 1% of the outstanding Common Stock for each $100,000 converted up to a maximum of 15%. This note had a maturity date of three years and at such time Shoreline would have had to repay the note or the Company would have had to convert the note into Common Stock. The note was secured by all the assets of Shoreline and Shoreline Capital Management Ltd. (“Shoreline Capital”) as guarantor. Also executed with the note was a warrant to purchase 30% of the outstanding Common Stock of Shoreline at the time of exercise and the warrant expires sixty days after the third anniversary of the closing of the transaction. The warrant prescribed a formula to determine the price per share at the time of exercise. If all the amounts under the note were advanced and converted and the full warrant was exercised, the Company would have owned 60% of the outstanding Common Stock of Shoreline. The note was executed simultaneously with a Master Services Agreement which details the parameters under which the Company and Shoreline would have fulfilled orders from Shoreline’s primary customer. On July 31, 2012, the Company advanced $375,000 under the note and an additional $375,000 on August 1, 2012. The purpose of the loan was to fund startup expenses and to prepay initial orders. On February 19, 2013, the Company received $50,000 from Shoreline and, on February 22, 2013, the Company received an additional $200,000 from Shoreline as a partial repayment of their loan. On March 27, 2013, the Company reached an agreement to terminate its relationship with Shoreline. At closing, the Company received an additional $225,000 as a partial repayment of the loan in connection with the termination of all agreements with Shoreline. The promissory note bears interest at the rate of 6% and is guaranteed by Shoreline Memory, Inc., Shoreline Capital Management Ltd and Trevor Folk. All agreements with Shoreline have been terminated with the exception of the amended and restated promissory note. The remaining $275,000 was scheduled to be repaid in accordance with the amended and restated promissory note on July 31, 2013. Shoreline Memory defaulted on the note. The Company fully reserved the $275,000 balance on the amended and restated promissory note at July 31, 2013. During the quarter ended October 31, 2013 the Company agreed to settle the amount due on the defaulted note for approximately $162,000. The funds were received in escrow on October 31, 2013 and forwarded to the Company on November 1, 2013.

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	3 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Goodwill and Intangible Assets	'
	(8) Goodwill and Intangible Assets
	Goodwill:
	On March 31, 2009, the Company acquired the assets of MMB for cash plus contingent consideration. The excess of consideration paid over the net assets acquired is recorded as goodwill. We were obligated under the Asset Purchase Agreement to make contingent payments based on the earnings of MMB through March 31, 2013.No impairments of goodwill have been identified during any of the periods presented. Goodwill is tested for impairment on an annual basis and between annual tests if indicators of potential impairment exist, using a fair-value-based approach. The date of our annual impairment test is approximately March 1.
	Intangible Assets:
	Intangible assets with determinable lives, other than customer relationships and research and development are amortized on a straight-line basis over their estimated period of benefit, ranging from four to five years. Research and development and customer relationships are amortized over a two-year period at a rate of 65% of the gross value acquired in the first year subsequent to their acquisition and 35% of the gross value acquired in the second year. We evaluate the recoverability of intangible assets periodically and take into account events or circumstances that warrant revised estimates of useful lives or that indicate that impairment exists. All of our intangible assets with definitive lives are subject to amortization. No impairments of intangible assets with definitive lives have been identified during any of the periods presented.
	The Company estimates that it has no significant residual value related to its intangible assets. Acquired intangibles generally are amortized on a straight-line basis over weighted average lives. Intangible assets amortization expense for the three and nine months ended January 31, 2014 and 2013 totaled approximately $41,000 and $123,000 in each period, respectively. Intangible asset amortization is included in selling, general and administrative expense. The components of finite-lived intangible assets acquired are as follows:
		Weighted
		Average		January 31,		April 30,
		Life		2014		2013
	Trade names		5 Years	$	733,000	$	733,000
	Customer relationships		2 Years		758,000		758,000
	Non-compete agreement		4 Years		68,000		68,000
	Total gross carrying amount				1,559,000		1,559,000
	Less accumulated amortization expense				1,548,434		1,426,034
	Net intangible assets			$	10,566	$	132,966
	The intangible assets will be fully amortized by April 30, 2014.

Financing_Agreements

Financing Agreements	3 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Financing Agreements	'
	(9) Financing Agreements
	On July 27, 2010, the Company entered into an agreement with a financial institution for formula-based secured debt financing of up to $5,000,000. Borrowings are secured by substantially all assets. On March 2, 2012, the agreement was amended to reduce the amount available under the credit facility to $3,500,000. On May 17, 2012, the agreement was amended and restated. The amended and restated documents reduced the interest rate to prime plus 6%, subject to a minimum of 9.25% and also not less than $8,000 per month. The loan facility allows borrowing of 90% of eligible domestic receivables. In addition, the loan facility allowed borrowing of 90% of eligible foreign receivables to a maximum of $500,000 and 25% of eligible inventory to a maximum of 20% of the amount available on receivables. On December 18, 2012, the agreement was amended in exchange for a fee of $7,500 to reduce the minimum Tangible Net Worth covenant to $1,300,000. On November 6, 2013, the Company entered into a new financing agreement (the “Financing Agreement”) with Rosenthal & Rosenthal, Inc., and simultaneously terminated the loan agreement with the financial institution and paid in full the outstanding balance and accrued interest with proceeds received from the financing agreement.
	On December 14, 2011, the Company entered into a Note and Security Agreement with Mr. Sheerr. The agreement provides for secured financing of up to $2,000,000. The Company is obligated to pay monthly, interest equal to 10% per annum calculated on a 360 day year of the outstanding loan balance. Principal is payable in sixty equal monthly installments, beginning on July 15, 2012. The Company may prepay any or all sums due under this agreement at any time without penalty. The Company has borrowed the full $2,000,000 available under this agreement. Principal amounts due under this obligation are $33,333 per month which began on July 15, 2012.
	The Company amended and restated its Note and Security Agreement with Mr. Sheerr as of October 31, 2013; the Company sold certain equipment and furniture for a purchase price of $500,000 to Mr. Sheerr. The Company used the proceeds of the purchase price received from Mr. Sheerr to reduce the remaining principal amount of the original loan by an amount equal to $500,000. The principal amount was reduced to approximately $866,667 at January 31, 2014. The Company is obligated to pay monthly, interest equal to 10% per annum calculated on a 360 day year of the outstanding loan balance. Principal is payable in 29 equal monthly installments of $33,333, beginning on November 15, 2013 and subsequently on the 15th day of each month thereafter, until paid in full. Interest expense recorded for the Note in the three and nine months ended January 31, 2014 was $22,991 and $102,213, respectively. Interest expense recorded for the Note in the three and nine months ended January 31, 2013 was $45,991 and $145,370, respectively. Interest payable to Mr. Sheerr on January 31, 2014 was $7,463.
	As of October 31, 2013, the Company also entered into an agreement with Mr. Sheerr to leaseback the aforementioned equipment and furniture that was sold to Mr. Sheerr on October 31, 2013. The lease is for a term of 60 months and the Company is obligated to pay approximately $7,500 per month for the term of the lease. The Company has an option to extend the lease for an additional two year period. The transactions described have been accounted for as a sale-leaseback transaction. Accordingly, the Company recognized a gain on the sale of assets of approximately $103,000, which is the amount of the gain on sale in excess of present value of the future lease payments, in the quarter ended October 31, 2013. The Company recognized $17,916 in the quarter ended January 31, 2014 and will recognize the remaining approximately $340,000 in proportion to the related gross rental charged to expense over the term of the lease, 60 months. The $340,000 deferred gain is reflected in accrued liabilities in the consolidated balance sheet as of January 31, 2014.
	On November 6, 2013, the Company entered into a new financing agreement (the “Financing Agreement”) with Rosenthal & Rosenthal, Inc. to replace the existing loan agreement. The Financing Agreement provides for a revolving loan with a maximum borrowing capacity of $3,500,000. The loans under the Financing Agreement mature on November 30, 2016 unless such Financing Agreement is either earlier terminated or renewed. Loans outstanding under the Financing Agreement will bear interest at a rate of the Prime Rate (as defined in the Financing Agreement) plus 3.25% (the “Effective Rate”) or on Over-advances (as defined in the Financing Agreement), if any, at a rate of the Effective Rate plus 3%. The Financing Agreement contains other financial and restrictive covenants, including, among others, covenants limiting our ability to incur indebtedness, guarantee obligations, sell assets, make loans, enter into mergers and acquisition transactions and declare or make dividends. Borrowings under the Financing Agreement are collateralized by substantially all the assets of the Company. The note from Mr. Sheerr is subordinated to Rosenthal & Rosenthal, Inc. At January 31, 2014 the Company had borrowed the maximum amount of the credit line.

Securities_Purchase_Agreement

Securities Purchase Agreement	3 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Securities Purchase Agreement	'
	(10) Securities Purchase Agreements
	On May 11, 2011, the Company and certain investors entered into a securities purchase agreement in connection with a registered direct offering, pursuant to which the Company agreed to sell an aggregate of 295,833 shares of its Common Stock and warrants to purchase a total of 221,875 shares of its Common Stock to such investors for aggregate net proceeds, after deducting fees to the Placement Agent and other offering expenses payable by the Company, of approximately $2,998,000. The Common Stock and warrants were sold in fixed combinations, with each combination consisting of one share of Common Stock and 0.75 of one warrant, with each whole warrant exercisable for one share of Common Stock. The purchase price was $11.28 per fixed combination. The warrants became exercisable six months and one day following the closing date of the Offering and will remain exercisable for five years thereafter at an exercise price of $13.56 per share. The exercise price of the warrants is subject to adjustment in the case of stock splits, stock dividends, combinations of shares and similar recapitalization transactions. The exercisability of the warrants may be limited if, upon exercise, the holder or any of its affiliates would beneficially own more than 4.99% of the Company’s Common Stock. After the one year anniversary of the initial exercise date of the warrants, the Company has the right to call the warrants for cancellation for $.006 per share in the event that the volume weighted average price of the Company’s Common Stock for 20 consecutive trading days exceeds $27.12.
	On September 18, 2013, the Company and certain investors entered into a securities purchase agreement (the “Purchase Agreement”) in connection with the Offering, pursuant to which the Company agreed to sell an aggregate of 350,931 shares of its common stock and warrants to purchase a total of 350,931 shares of its common stock to such investors for aggregate gross proceeds, before deducting fees to the Placement Agent and other estimated offering expenses payable by the Company, of approximately $807,000. The common stock and warrants were sold in fixed combinations, with each combination consisting of one share of common stock and one warrant, with each warrant exercisable for one share of common stock. The purchase price was $2.30 per fixed combination. On September 23, 2013, the offering of 350,000 shares and warrants was closed with net proceeds to the Company of $695,491 after accounting for all expenses of the offering.
	The Company’s statement of stockholder’s equity for the nine month period ended January 31, 2014 is as follows:
		Number of		Common		Additional		(Accumulated			Total
		Common		Stock		Paid-In		Deficit)			Stockholders’
		Shares				Capital					Equity
	Balance at April 30, 2013		1,754,662	$	1,754,662	$	19,287,931	$	(18,052,321	)	$	2,990,272
	Issuance of shares under Registered Direct Offering		350,000		350,000		345,491					695,491
	Net loss								(2,066,608	)		(2,066,608	)
	Stock-based compensation expense						43,399					43,399
	Balance at January 31, 2014		2,104,662	$	2,104,662	$	19,676,821	$	(20,118,929	)	$	1,662,554

Financial_Information_by_Geogr

Financial Information by Geographic Location	3 Months Ended
	Jan. 31, 2014
Segment Reporting [Abstract]	'
Financial Information by Geographic Location	'
	(11) Financial Information by Geographic Location
	The Company currently operates in one business segment that develops, manufactures and markets a variety of memory systems for use with network servers and workstations which are manufactured by various companies. Revenues for the three and nine months ended January 31, 2014 and 2013 by geographic region are as follows:
		Three months		Nine months
		ended		ended
		January 31,		January 31,
		2014		2014
	United States	$	6,246,904	$	18,562,000
	Europe		830,553		2,359,604
	Other (principally Asia Pacific Region)		563,622		1,496,434
	Consolidated	$	7,641,079	$	22,418,038
		Three months		Nine months
		ended		ended
		January 31,		January 31,
		2013		2013
	United States	$	4,572,914	$	16,553,265
	Europe		1,217,323		3,167,483
	Other (principally Asia Pacific Region)		648,724		1,675,721
	Consolidated	$	6,438,961	$	21,396,469

Recently_Adopted_Accounting_Gu

Recently Adopted Accounting Guidance	3 Months Ended
	Jan. 31, 2014
Accounting Changes and Error Corrections [Abstract]	'
Recently Adopted Accounting Guidance	'
	(12) Recently Adopted Accounting Guidance
	There are no new pronouncements which affect the Company.

Concentration_of_Credit_Risk

Concentration of Credit Risk	3 Months Ended
	Jan. 31, 2014
Notes to Financial Statements	'
Concentration of Credit Risk	'
	(13) Concentration of Credit Risk
	Financial instruments that potentially subject the Company to concentration of credit risk consist primarily of cash and cash equivalents, trade receivables and note receivable. The Company maintains its cash and cash equivalents in financial institutions and brokerage accounts. To the extent that such deposits exceed the maximum insurance levels, they are uninsured. In regard to trade receivables, the Company performs ongoing evaluations of its customers' financial condition as well as general economic conditions and, generally, requires no collateral from its customers.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Jan. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	(14) Commitments and Contingencies
	Leases
	Future minimum lease payments under non-cancellable operating leases (with initial or remaining lease terms in excess of one year) as of January 31, 2014 are as follows:
	Year ending April 30
		Remaining in Fiscal 2014	$	97,000
		2015		391,000
		2016		383,000
		2017		158,000
		2018		90,000
		2019		45,000
		Thereafter		—
		Total minimum lease payments	$	1,164,000
	The Company has no other material commitments.
	Legal Proceedings
	The landlord for the property previously leased by the Company in Ivyland, Pennsylvania filed suit against the Company, which vacated the property at the expiration of its lease, for the Company’s alleged failure to restore the property to its original condition. The landlord is currently in possession of a security deposit in the amount of $52,000. The Ivyland litigation has entered the discovery stage. The Company denies its liability for the restoration of the property and believes that the outcome cannot be determined at this time. After consulting with legal counsel, management has recorded a $150,000 settlement provision in fiscal 2014’s third quarter ended January 31, 2014.

Subsequent_Events

Subsequent Events	3 Months Ended
	Jan. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	(15) Subsequent Events
	On March 13, 2014, the Company entered into a Second Supplemental Agreement to Engagement Agreement (the “Second Supplemental Agreement”) with TriPoint Global Equities, LLC (the “Placement Agent”), pursuant to which the Placement Agent agreed to use its reasonable best efforts to arrange for the sale of up to 219,754 shares of the Company’s common stock in a registered direct public offering (the “Offering”). The Second Supplemental Agreement supplements that certain engagement letter and Supplemental Agreement to Engagement Agreement dated August 29, 2013 and September 18, 2013, respectively, by and between the Company and the Placement Agent as disclosed on the Company’s Current Report on Form 8-K filed on September 19, 2013.
	On March 20, 2014, the Company and a certain investor entered into a common stock purchase agreement (the “Purchase Agreement”) in connection with the Offering, pursuant to which the Company agreed to sell an aggregate of 219,750 shares of its common stock to such investor for aggregate gross proceeds, before deducting fees to the Placement Agent and other estimated offering expenses payable by the Company, of approximately $659,250. The purchase price was $3.00 per share. The Placement Agent was entitled to a cash fee of $46,148 which was equal to 7.0% of the gross proceeds paid to the Company in the Offering. The Company also reimbursed the Placement Agent for legal and other expenses incurred by the Placement Agent in connection with the Offering in an amount of approximately $7,500.
	Under the Purchase Agreement, the Company has agreed with the purchaser that, subject to certain exceptions, it will not, within the 90 days following the closing of the Offering (which period may be extended in certain circumstances), enter into any agreement to issue or announce the issuance or proposed issuance of any securities.
	The Company has also agreed with the purchaser that from the closing date of the Offering until three years thereafter, it will not effect or enter into an agreement to effect a “Variable Rate Transaction,” which means a transaction in which the Company:
		•	issues or sells any convertible securities either (A) at a conversion price, exercise price or exchange rate or other price that is based upon and/or varies with the trading prices of or quotations for the shares of Common Stock at any time after the initial issuance of such debt or equity securities, or (B) with a conversion, exercise or exchange price that is subject to being reset at some future date after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events directly or indirectly related to the business of the Company or the market for the Company’s common stock (but not including any routine anti-dilution protections in any warrant or convertible security); or
		•	enters into any agreement, including, but not limited to, an equity line of credit, whereby the Company may sell securities at a future determined price.
	The Company has also agreed that for a period of one year after the closing date of the Offering, the Company shall not initiate any “at-the-market offering” as defined in Rule 415(a)(4) under the Securities Act.
	The Company has also agreed with the purchaser if the Company issues securities within the 12 months following the closing of the Offering, the purchaser shall have the right, on a pro-rata basis, to purchase an aggregate of 50% of all of the securities on the same terms, conditions and price provided for in the proposed issuance of securities.
	The Company has also agreed to indemnify the purchaser against certain losses resulting from its breach of any of its representations, warranties, or covenants under agreements with the purchaser, as well as under certain other circumstances described in the Purchase Agreement.
	The net proceeds to the Company from the Offering, after deducting placement agent fees and the estimated offering expenses borne by the Company, is approximately $583,000. After giving effect to the Offering, the Company has 2,324,416 shares of common stock outstanding.
	The shares were issued pursuant to a prospectus supplement dated March 20, 2014, filed with the Securities and Exchange Commission (the “Commission”) pursuant to Rule 424(b) under the Securities Act, as part of a shelf takedown from the Company’s registration statement on Form S-3 (File No. 333-173212), including a related prospectus, which was declared effective by the Commission on April 28, 2011.
	Also, on March 20, 2014, certain holders of warrants issued in connection with the sale of units on September 23, 2013, exercised 86,100 warrants at the exercise price of $3.50 per share resulting in net proceeds of approximately $301,350. The exercise of these warrants resulted in the issuance of 85,000 shares of the Company’s common stock.

Description_of_Business_and_Si1

Description of Business and Significant Accounting Policies (Policies)	3 Months Ended
	Jan. 31, 2014
Accounting Policies [Abstract]	'
Liquidity and Basis of Presentation	'
	Liquidity and Basis of Presentation
	The information for the three and nine months ended January 31, 2014 and 2013 is unaudited, but includes all adjustments (consisting of normal recurring adjustments) which, in the opinion of management, are necessary to state fairly the financial information set forth therein in accordance with accounting principles generally accepted in the United States of America. The interim results are not necessarily indicative of results to be expected for the full fiscal year. These financial statements should be read in conjunction with the audited financial statements for the year ended April 30, 2013 included in the Company’s 2013 Annual Report on Form 10-K filed with the Securities and Exchange Commission. The April 30, 2013 balance sheet has been derived from these statements.
	The Company's financial statements are prepared using the accrual method of accounting in accordance with accounting principles generally accepted in the United States of America and have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities in the normal course of business. For the fiscal years ended April 30, 2013, 2012 and 2011, the Company incurred losses in the amounts of approximately $4,625,000, $3,259,000 and $ 4,634,000, respectively. For the nine months ended January 31, 2014 the Company has incurred losses of approximately $2,067,000 and used approximately $586,000 cash from operations.
	As discussed in Note 9, the Company entered into financing agreements to address short-term liquidity needs. Also, as discussed in Note 10, on May 11, 2011 and September 18, 2013, the Company entered into securities purchase agreements with different investors. Management believes that the aggregate $3,500,000 available under its credit facility combined with current projected losses will not be sufficient to meet its current obligations and the Company will need to raise additional capital through borrowings or sales of equity securities. There can be no assurance that the Company will be able to obtain borrowings or complete a sale of additional equity securities at terms acceptable to the Company, or at all. The Company is considering calling a Special Meeting of its shareholders to approve the sale of securities above the 20% NASDAQ limitation as well as approval to issue preferred stock. If the Company is able to get shareholder approval, the ability to sell additional common shares, issue preferred shares and obtain financing from convertible debt instruments will be less constrictive. In addition, the Company is considering lowering the exercise price of its outstanding warrants to encourage the exercise of those warrants.
	Our continuation as a going concern is dependent upon obtaining the additional working capital necessary to sustain our operations. Our future is dependent upon our ability to obtain financing, raise additional capital through the sales of equity and or debt securities and upon future profitable operations. There is no assurance that our current operations will be profitable or we will raise sufficient funds to continue operating.
	If current and projected revenue growth does not meet estimates, the Company may continue to choose to raise additional capital through debt and/or equity transactions, reduce certain overhead costs through the deferral of salaries and other means, and settle liabilities through negotiation. Currently, the Company does not have any commitments or assurances for additional capital, nor can the Company provide assurance that such financing will be available to it on favorable terms, or at all. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event we cannot continue in existence. Management projects the Company currently has sufficient cash and borrowing availability after considering proceeds received from the equity transaction described in Note 15 to last into the fiscal quarter ending October 31, 2014. The Company intends to raise additional capital through bank financing and additional sales of equity and/or debt securities in the current fiscal year. Specifically, the Company intends to sell the remaining shares available under its S-3 registration statement, which expires April 10, 2014, and provide incentives to warrant holders to exercise their warrants. In addition, the Company intends to negotiate an inventory line of credit that will provide sufficient cash to satisfy its debt to the related party resulting in reduced interest cost and provide $400,000 of working capital each year for the next two years. There can be no assurance that the Company will be successful in closing these transactions or raise sufficient cash to meet its obligations through fiscal 2014.
Plan of Operation	'
	Plan of Operation
	The Company has been experiencing losses due to the decline and instability of DRAM prices and the historical investment in XcelaSAN. It is uncertain how long the current level of DRAM pricing will continue, or whether or when prices will rise in the near future. Until such time that the Company can raise prices, it will continue to seek alternative methods of generating profits and cash flow. For example, the Company continues to pursue product diversification, either by development or as a contract manufacturer. Additionally, the Company will continue to identify joint ventures, strategic partnerships and business combination opportunities. There can be no assurance that any of these initiatives will mature to profitability and positive cash flow, or even occur. During fiscal 2013, the Company signed three agreements with AMD for the sale of AMD branded products. The products fall into three categories; RAMDisk software; consumer memory for the gaming and entertainment industries; and server memory for AMD and other servers. The Company is working to expand sales of all three product offerings through expansion with current etailers and adding new etailers.   Newegg was the first etailer and has been selling all three products online for months. Canada Computer is selling the consumer and RAMDisk product lines. Microcenter, Amazon NCIX, Memory Express and Tiger Direct all sell the consumer line of products. Discussions are progressing to add the server and RAMDisk product lines to all of their websites and with new etailers. In addition, we have raised capital through the sale of 350,000 shares of common stock resulting in net proceeds of approximately $700,000, sale of assets resulting in net proceeds of $500,000 and refinanced our line of credit resulting in higher borrowing capacities. The Company also is expanding its consumer memory outlets and the development of software to complement RAMDisk in other areas of caching.
Stock Split	'
	Stock Split
	On January 31, 2013, the Company filed a proxy statement with the Securities and Exchange Commission for the purpose of calling a special meeting of its stockholders. The Board of Directors asked the stockholders to approve the Board’s action in effecting a reverse split of its Common Stock at a ratio of no less than 1 for 3 and no greater than 1 for 6. The meeting was held at the Company’s offices on March 13, 2013. The stockholders approved the action and immediately following the meeting, the Board of Directors voted to affect a reverse split of its common stock at the ratio of 1 for 6. The split shares were effective with the opening of trading on March 15, 2013. Relevant financial data has been adjusted in this report to reflect the 1 for 6 reverse stock-split.
Principles of Consolidation	'
	Principles of Consolidation
	The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America and include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, including deferred tax asset valuation allowances and certain other reserves and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates and assumptions are reviewed periodically and the effects of revisions are reflected in the consolidated financial statements in the period they are determined to be necessary. Some of the more significant estimates made by management include the allowance for doubtful accounts and sales returns, the collectability of note receivable, the deferred income tax asset valuation allowance and other operating allowances and accruals. Actual results could differ from those estimates.
Engineering and Research and Development	'
	Engineering and Research and Development
	Research and development costs are expensed as incurred, including Company-sponsored research and development and costs of patents and other intellectual property that have no alternative future use when acquired and in which we had an uncertainty in receiving future economic benefits. Development costs of a computer software product to be sold, leased, or otherwise marketed are subject to capitalization beginning when a product’s technological feasibility has been established and ending when a product is available for general release to customers. Technological feasibility of a computer software product is established when all planning, designing, coding and testing activities that are necessary to establish that the product can be produced to meet its design specifications (including functions, features and technical performance requirements) are completed.
Advertising	'
	Advertising
	Advertising is expensed as incurred and amounted to approximately $25,000 and $115,000 in the three and nine months periods ended January 31, 2014, respectively verses approximately $33,000 and $100,000 in the comparable prior year periods.
Income taxes	'
	Income Taxes
	The Company utilizes the asset and liability method of accounting for income taxes in accordance with the provisions of the “Expenses – Income Taxes Topic” of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). Under the asset and liability method, deferred income tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. A valuation allowance is provided when it is more likely than not that some portion or all of the deferred income tax assets will not be realized. The Company considers certain tax planning strategies in its assessment as to the recoverability of its tax assets. Deferred income tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in earnings in the period that the tax rate changes. The Company recognizes, in its consolidated financial statements, the impact of a tax position, if that position is more likely than not to be sustained on audit, based on technical merits of the position.  There are no material unrecognized tax positions in the financial statements. As of January 31, 2014, the Company had Federal and State net operating loss (“NOL”) carry-forwards of approximately $23,500,000 and $21,800,000, respectively. These can be used to offset future taxable income and expire between 2023 and 2033 for Federal tax purposes and 2016 and 2033 for State tax purposes. The Company’s NOL carry-forwards are a component of its deferred income tax assets which are reported net of a full valuation allowance in the Company’s consolidated financial statements at January 31, 2014 and April 30, 2013.
	Basic net loss per share is computed by dividing the net loss by the weighted average number of shares of common stock issued and outstanding during the period. The calculation of diluted loss per share for the three and nine months ended January 31, 2014 and 2013 includes only the weighted average number of shares of common stock outstanding. The denominator excludes the dilutive effect of stock options and warrants outstanding as their effect would be anti-dilutive. The following presents a reconciliation of the numerator and denominator used in computing basic and diluted net loss per share for the three and nine month periods ended January 31, 2014 and 2013. The January 31, 2013 three and nine month amounts shown have been adjusted to reflect the reverse 1-for-6 stock split effective March 18, 2013.
Net loss per share	'
	Net Loss per Share
			Three Months ended January 31, 2014
			Loss			Shares		Per share
			(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding		$	(846,786	)		2,104,662	$	(.40	)
	Effect of dilutive securities – stock options			—			—		—
	Effect of dilutive securities – warrants			—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants		$	(846,786	)		2,104,662	$	(.40	)
			Three Months ended January 31, 2013
			Loss			Shares		Per share
			(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding		$	(781,663	)		1,782,925	$	(.44	)
	Effect of dilutive securities – stock options			—			—		—
	Effect of dilutive securities – warrants			—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants		$	(781,663	)		1,782,925	$	(.44	)
			Nine Months ended January 31, 2014
			Loss			Shares		Per share
			(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding		$	(2,066,608	)		1,919,517	$	(1.08	)
	Effect of dilutive securities – stock options			—			—		—
	Effect of dilutive securities – warrants			—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants		$	(2,066,608	)		1,919,517	$	(1.08	)
			Nine Months ended January 31, 2013
			Loss			Shares		Per share
			(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding		$	(3,005,137	)		1,784,898	$	(1.68	)
	Effect of dilutive securities – stock options			—			—		—
	Effect of dilutive securities – warrants			—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options		$	(3,005,137	)		1,784,898	$	(1.68	)
	Diluted net loss per common share for the three and nine month periods ended January 31, 2014 and 2013 do not include the effect of options to purchase 287,746 and 294,908 shares, respectively, of common stock because they are anti-dilutive. Diluted net loss per common share for the three and nine month periods ended January 31, 2014 and 2013 do not include the effect of warrants to purchase 221,875 shares of common stock because they are anti-dilutive.
Common Stock Repurchases	'
	Common Stock Repurchases
	On December 4, 2002, the Company announced an open market repurchase plan providing for the repurchase of up to 83,333 shares of the Company’s common stock. On April 10, 2012, the Company announced the additional authorization to repurchase up to 138,000 shares of the Company’s common stock which at that time made a total of 166,667 shares available for purchase. The Company did not purchase shares in fiscal 2014’s nine months ended January 31, 2014. In fiscal 2013’s first quarter ended July 31, 2012, the Company repurchased 22,942 shares for a total cost of $142,262. The 22,942 shares purchased were cancelled in fiscal 2013. In fiscal 2012 the Company repurchased 7,315 shares at a total cost of $45,299. The 7,315 shares were cancelled in Fiscal 2012. As of January 31, 2014, the total number of shares authorized for purchase under the program is 136,408 shares.
Stock Option Expense	'
	Stock Option Expense
	a. Stock-Based Compensation
	The Company has a 2001 incentive and non-statutory stock option plan for the purpose of permitting certain key employees to acquire equity in the Company and to promote the growth and profitability of the Company by attracting and retaining key employees. In general, the plan allows granting of up to 300,000 shares of the Company’s common stock at an option price to be no less than the fair market value of the Company’s common stock on the date such options are granted. Options granted under the plan vest ratably on the annual anniversary date of the grants. Vesting periods for options currently granted under the plan range from one to five years. No further options may be granted under this plan.
	The Company also has a 2011 incentive and non-statutory stock option plan for the purpose of permitting certain key employees and consultants to acquire equity in the Company and to promote the growth and profitability of the Company by attracting and retaining key employees. No executive officer or director of the Company is eligible to receive options under the 2011 plan. In general, the plan allows granting of up to 33,333 shares of the Company’s common stock at an option price to be no less than the fair market value of the Company’s common stock on the date such options are granted. Options granted under the plan vest ratably on the annual anniversary date of the grants. Vesting periods for options currently granted under the plan range from one to five years. There have been 25,000 shares granted under this plan.
	The Company periodically grants nonqualified stock options to non-employee directors of the Company. These options are granted for the purpose of retaining the services of directors who are not employees of the Company and to provide additional incentive for such directors to work to further the best interests of the Company and its shareholders. The options granted to these non-employee directors are exercisable at a price representing the fair value at the date of grant and expire either five or ten years after date of grant. Vesting periods for options currently granted range from one to two years.
	On September 23, 2010, the Company granted Mr. Sheerr, who is employed by the Company as the General Manager of the acquired Micro Memory Bank, Inc. (“MMB”) business unit described in Note 2 and is an executive officer of the Company, nonqualified stock options to purchase 16,667 shares of the Company’s common stock pursuant to his employment agreement. On September 22, 2011, the Company granted Mr. Sheerr additional nonqualified stock options to purchase 16,667 shares of the Company’s common stock, pursuant to his employment agreement. On July 19, 2012, the Company granted Mr. Sheerr additional nonqualified stock options to purchase 16,667 shares of the Company’s common stock, also pursuant to his employment agreement. The options granted are exercisable at a price representing the fair value at the date of grant and expire five years after date of grant. The options vested in one year.
	New shares of the Company's common stock are issued upon exercise of stock options.
	As required by the “Compensation - Stock Compensation” Topic of the FASB, the accounting for transactions in which an enterprise receives employee services in exchange for (a) equity instruments of the enterprise or (b) liabilities that are based on the fair value of the enterprise’s equity instruments or that may be settled by the issuance of such equity instruments are accounted for using a fair value-based method with a recognition of an expense for compensation cost related to share-based payment arrangements, including stock options and employee stock purchase plans.
	Our consolidated statements of operations for the three and nine month periods ended January 31, 2014 include approximately $5,000 and $43,000 of stock-based compensation expense, respectively. Fiscal 2013’s three and nine month periods ended January 31, 2013 include approximately $26,000 and $205,000 of stock-based compensation expense, respectively. These stock option grants have been classified as equity instruments and, as such, a corresponding increase has been reflected in additional paid-in capital in the accompanying consolidated balance sheets. The fair value of each stock option granted is estimated on the date of grant using the Black-Scholes option pricing model.
	A summary of option activity for the nine months ended January 31, 2014 is as follows:
			Shares			Weighted		Weighted			Aggregate
						average		average			intrinsic
						exercise		remaining			value
						price		contractual
								life (1)
	Balance April 30, 2013			311,575		$	12.4		5.02		$	—
	Granted			—			—		—			—
	Exercised			—			—		—			—
	Expired			(32,164	)	$	14.37		—			—
	Balance January 31, 2014			279,411		$	12.17		4.47			2,500
	Exercisable January 31, 2014			254,411		$	13.13		4.01			—
	Expected to vest January 31, 2014			265,000		$	12.17		4.47			2,500
		-1	This amount represents the weighted average remaining contractual life of stock options in years.
	As of January 31, 2014, there was approximately $24,000 of total unrecognized compensation costs related to stock options. These costs are expected to be recognized over a weighted average period of approximately fifteen months.

Description_of_Business_and_Si2

Description of Business and Significant Accounting Policies (Tables)	3 Months Ended
	Jan. 31, 2014
Accounting Policies [Abstract]	'
Reconciliation of the numerator and denominator used in computing basic and diluted net loss per share	'
		Three Months ended January 31, 2014
		Loss			Shares		Per share
		(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding	$	(846,786	)		2,104,662	$	(.40	)
	Effect of dilutive securities – stock options		—			—		—
	Effect of dilutive securities – warrants		—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants	$	(846,786	)		2,104,662	$	(.40	)
		Three Months ended January 31, 2013
		Loss			Shares		Per share
		(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding	$	(781,663	)		1,782,925	$	(.44	)
	Effect of dilutive securities – stock options		—			—		—
	Effect of dilutive securities – warrants		—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants	$	(781,663	)		1,782,925	$	(.44	)
		Nine Months ended January 31, 2014
		Loss			Shares		Per share
		(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding	$	(2,066,608	)		1,919,517	$	(1.08	)
	Effect of dilutive securities – stock options		—			—		—
	Effect of dilutive securities – warrants		—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options and warrants	$	(2,066,608	)		1,919,517	$	(1.08	)
		Nine Months ended January 31, 2013
		Loss			Shares		Per share
		(numerator)			(denominator)		amount
	Basic net loss per share – net loss and weighted average common shares outstanding	$	(3,005,137	)		1,784,898	$	(1.68	)
	Effect of dilutive securities – stock options		—			—		—
	Effect of dilutive securities – warrants		—			—		—
	Diluted net loss per share – net loss, weighted average common shares outstanding and effect of stock options	$	(3,005,137	)		1,784,898	$	(1.68	)
Summary of option activity	'
		Shares			Weighted		Weighted			Aggregate
					average		average			intrinsic
					exercise		remaining			value
					price		contractual
							life (1)
	Balance April 30, 2013		311,575		$	12.4		5.02		$	—
	Granted		—			—		—			—
	Exercised		—			—		—			—
	Expired		(32,164	)	$	14.37		—			—
	Balance January 31, 2014		279,411		$	12.17		4.47			2,500
	Exercisable January 31, 2014		254,411		$	13.13		4.01			—
	Expected to vest January 31, 2014		265,000		$	12.17		4.47			2,500

Accounts_Receivable_Tables

Accounts Receivable (Tables)	3 Months Ended
	Jan. 31, 2014
Receivables [Abstract]	'
Accounts receivable	'
		January 31,			April 30,
		2014			2013
	Trade receivables	$	2,748,383		$	2,961,838
	Other receivables		130,289			122,815
	Allowance for doubtful accounts and sales returns		(220,000	)		(200,000	)
		$	2,658,672		$	2,884,653

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Jan. 31, 2014
Inventory Disclosure [Abstract]	'
Inventories	'
		January 31,		April 30,
		2014		2013
	Raw materials	$	1,492,510	$	1,425,386
	Work in process		9,889		88,603
	Finished goods		769,802		1,389,065
		$	2,272,201	$	2,903,054

Intangible_Assets_and_Goodwill

Intangible Assets and Goodwill (Tables)	3 Months Ended
	Jan. 31, 2014
Intangible Assets And Goodwill Tables	'
The components of finite-lived intangible assets acquired	'
		Weighted
		Average		January 31,		April 30,
		Life		2014		2013
	Trade names		5 Years	$	733,000	$	733,000
	Customer relationships		2 Years		758,000		758,000
	Non-compete agreement		4 Years		68,000		68,000
	Total gross carrying amount				1,559,000		1,559,000
	Less accumulated amortization expense				1,548,434		1,426,034
	Net intangible assets			$	10,566	$	132,966

Securities_Purchase_Agreements

Securities Purchase Agreements (Tables)	3 Months Ended
	Jan. 31, 2014
Stockholders' equity:	'
Statement of Stockholder's Equity	'
		Number of		Common		Additional		(Accumulated			Total
		Common		Stock		Paid-In		Deficit)			Stockholders’
		Shares				Capital					Equity
	Balance at April 30, 2013		1,754,662	$	1,754,662	$	19,287,931	$	(18,052,321	)	$	2,990,272
	Issuance of shares under Registered Direct Offering		350,000		350,000		345,491					695,491
	Net loss								(2,066,608	)		(2,066,608	)
	Stock-based compensation expense						43,399					43,399
	Balance at January 31, 2014		2,104,662	$	2,104,662	$	19,676,821	$	(20,118,929	)	$	1,662,554

Financial_Information_by_Geogr1

Financial Information by Geographic Location (Tables)	3 Months Ended
	Jan. 31, 2014
Segment Reporting [Abstract]	'
Revenue by geographic location	'
		Three months		Nine months
		ended		ended
		January 31,		January 31,
		2014		2014
	United States	$	6,246,904	$	18,562,000
	Europe		830,553		2,359,604
	Other (principally Asia Pacific Region)		563,622		1,496,434
	Consolidated	$	7,641,079	$	22,418,038
		Three months		Nine months
		ended		ended
		January 31,		January 31,
		2013		2013
	United States	$	4,572,914	$	16,553,265
	Europe		1,217,323		3,167,483
	Other (principally Asia Pacific Region)		648,724		1,675,721
	Consolidated	$	6,438,961	$	21,396,469

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	3 Months Ended
	Jan. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Future minimum lease paments under non-cancellable operating leases	'
	Year ending April 30
		Remaining in Fiscal 2014	$	97,000
		2015		391,000
		2016		383,000
		2017		158,000
		2018		90,000
		2019		45,000
		Thereafter		—
		Total minimum lease payments	$	1,164,000

Description_of_Business_and_Si3

Description of Business and Significant Accounting Policies - Reconciliation of the numerator and denominator used in computing basic and diluted net loss per share (Details) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2011
Basic net loss per share - net loss and weighted average common shares outstanding	'	'	'	'	'	'	'
Loss (numerator)	($846,786)	($781,663)	($2,066,608)	($3,005,137)	($4,625,000)	($3,259,000)	($4,634,000)
Shares (denominator)	2,104,662	1,782,925	1,919,517	1,784,898	'	'	'
Net loss per share, basic	($0.40)	($0.44)	($1.08)	($1.68)	'	'	'
Effect of dilutive securities	'	'	'	'	'	'	'
Effect of dilutive securities b stock options	'	'	'	'	'	'	'
Effect of dilutive securities b warrants	'	'	'	'	'	'	'
Diluted net loss per share - net loss, weighted average common shares outstanding and effect of stock options and warrants	'	'	'	'	'	'	'
Loss (numerator)	($846,786)	($781,663)	($2,066,608)	($3,005,137)	'	'	'
Shares (denominator)	2,104,662	1,782,925	1,919,517	1,784,898	'	'	'
Net loss per share, diluted	($0.40)	($0.44)	($1.08)	($1.68)	'	'	'

Description_of_Business_and_Si4

Description of Business and Significant Accounting Policies - Summary of option activity (Details) (USD $)	3 Months Ended	12 Months Ended
	Jan. 31, 2014	Apr. 30, 2013
Summary of option activity, Shares	'	'
Granted	'	'
Exercised	'	'
Expired	32,164	'
Balance January 31, 2014	279,411	311,575
Exercisable January 31, 2014	254,411	'
Expected to vest January 31, 2014	265,000	'
Summary of option activity, Weighted average exercise price	'	'
Granted	'	'
Exercised	'	'
Expired	$14.37	'
Balance January 31, 2014	$12.17	$12.40
Exercisable January 31, 2014	$13.13	'
Expected to vest January 31, 2014	$12.17	'
Summary of option activity, Additional disclosures	'	'
Balance, Weighted average remaining contractual life	'4 years 5 months 20 days	'5 years 0 months 7 days	[1]
Exercisable January 31, 2014, Weighted average remaining contractual life	'4 years 0 months 4 days	'
Expected to vest January 31, 2014, Weighted average remaining contractual life	'4 years 5 months 20 days	'
Granted, Aggregate intrinsic value	'	'
Exercised, Aggregate intrinsic value	'	'
Expired, Aggregate intrinsic value	'	'
Balance January 31, 2014, Aggregate intrinsic value	'	'
Exercisable January 31, 2014, Aggregate intrinsic value	'	'
Expected to vest January 31, 2014, Aggregate intrinsic value	'	'
[1]	This amount represents the weighted average remaining contractual life of stock options in years.

Accounts_receivable_Details

Accounts receivable (Details) (USD $)	Jan. 31, 2014	Apr. 30, 2013
Notes to Financial Statements	'	'
Trade receivables	$2,748,383	$2,961,838
VAT receivable	130,289	122,815
Allowance for doubtful accounts and sales returns	220,000	200,000
Accounts receivable	$2,658,672	$2,884,653

Inventories_Details

Inventories (Details) (USD $)	Jan. 31, 2014	Apr. 30, 2013
Notes to Financial Statements	'	'
Raw materials	$1,492,510	$1,425,386
Work in process	9,889	88,603
Finished goods	769,802	1,389,065
Inventories	$2,272,201	$2,903,054

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets - Components of finite-lived intangible assets acquired (Details) (USD $)	3 Months Ended
	Jan. 31, 2014	Apr. 30, 2013
Components of finite-lived intangible assets acquired	'	'
Total gross carrying amount	$1,559,000	$1,559,000
Less accumulated amortization expense	1,548,434	1,426,034
Net intangible assets	10,566	132,966
Trade Names	'	'
Components of finite-lived intangible assets acquired	'	'
Total gross carrying amount	733,000	733,000
Weighted Average Life	'5 years	'
Customer Relationships	'	'
Components of finite-lived intangible assets acquired	'	'
Total gross carrying amount	758,000	758,000
Weighted Average Life	'2 years	'
Noncompete Agreement	'	'
Components of finite-lived intangible assets acquired	'	'
Total gross carrying amount	$68,000	$68,000
Weighted Average Life	'4 years	'

Securities_Purchase_Agreements1

Securities Purchase Agreements Statement of Stockholders' Equity (Details) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2011
Beginning balance	'	'	$2,990,272	'	'	'	'
Net loss	-846,786	-781,663	-2,066,608	-3,005,137	-4,625,000	-3,259,000	-4,634,000
Stock based compensation expense	'	'	43,399	'	'	'	'
Ending balance	1,662,554	'	1,662,554	'	2,990,272	'	'
Common Stock	'	'	'	'	'	'	'
Beginning balance (shares)	'	'	1,754,662	'	'	'	'
Beginning balance	'	'	1,754,662	'	'	'	'
Issuance of shares under registered direct offering (shares)	'	'	350,000	'	'	'	'
Issuance of shares under registered direct offering	'	'	350,000	'	'	'	'
Ending balance (shares)	2,104,662	'	2,104,662	'	'	'	'
Ending balance	2,104,662	'	2,104,662	'	'	'	'
Additional Paid-In Capital	'	'	'	'	'	'	'
Beginning balance	'	'	19,287,931	'	'	'	'
Issuance of shares under registered direct offering	'	'	345,491	'	'	'	'
Stock based compensation expense	'	'	43,399	'	'	'	'
Ending balance	19,676,821	'	19,676,821	'	'	'	'
Retained Earnings (Accumulated Deficit)	'	'	'	'	'	'	'
Beginning balance	'	'	-18,052,321	'	'	'	'
Net loss	'	'	-2,066,608	'	'	'	'
Ending balance	($20,118,929)	'	($20,118,929)	'	'	'	'

Revenue_by_geographic_location

Revenue by geographic location (Details) (USD $)	3 Months Ended		9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
Revenues by geographic location	$7,641,079	$6,438,961	$22,418,038	$21,396,469
United States	'	'	'	'
Revenues by geographic location	6,246,904	4,572,914	18,562,000	16,553,265
Europe	'	'	'	'
Revenues by geographic location	830,553	1,217,323	2,359,604	3,167,483
Other (principally Asia Pacific Region)	'	'	'	'
Revenues by geographic location	$563,622	$648,724	$1,496,434	$1,675,721

Commitments_and_Contingencies_1

Commitments and Contingencies - Future minimum lease paments (Details) (USD $)	Jan. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Remaining in Fiscal 2014	$97,000
2015	391,000
2016	383,000
2017	158,000
2018	90,000
2019	45,000
Thereafter	'
Total minimum lease payments	$1,164,000

Description_of_Business_and_Si5

Description of Business and Significant Accounting Policies - Liquidity and Basis of Presentation (Details Narrative) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2011
Net loss	($846,786)	($781,663)	($2,066,608)	($3,005,137)	($4,625,000)	($3,259,000)	($4,634,000)
Net cash used in operating activities	'	'	-585,636	-2,666,693	'	'	'
Liquidity disclosure	'Management projects the Company currently has sufficient cash and borrowing availability after considering proceeds received from the equity transaction described more fully in Note 15, to last into the fiscal quarter ending October 31, 2014.	'	'	'	'Management believes that the aggregate $3,500,000 available under its credit facility combined with current projected losses will not be sufficient to meet its current obligations and the Company will need to raise additional capital through borrowings or sales of equity securities. There can be no assurance that the Company will be able to obtain additional borrowings or complete a sale of additional equity securities. There can be no assurance that the Company will be able to obtain borrowings or complete a sale of additional equity securities at terms acceptable to the Company, or at all. The Company is considering calling a Special Meeting of its shareholders to approve the sale of securities above the 20% NASDAQ limitation as well as approval to issue preferred stock.	'	'
Net proceeds to the Compay from the offering	'	'	695,491	'	'	'	'
Purchase Agreement of March 20, 2014	'	'	'	'	'	'	'
Net proceeds to the Compay from the offering	583,000	'	'	'	'	'	'
Warrants exercised	86,100	'	'	'	'	'	'
Exercise price of warrants	$3.50	'	'	'	'	'	'
Net proceeds from excercise of warrants	$301,350	'	'	'	'	'	'

Description_of_Business_and_Si6

Description of Business and Significant Accounting Policies - Stock Split (Details Narrative)	3 Months Ended
	Jan. 31, 2014
Description Of Business And Significant Accounting Policies - Stock Split Details Narrative	'
Stock split, description	'The Board of Directors asked the stockholders to approve the Board’s action in effecting a reverse split of its Common Stock at a ratio of no less than 1 for 3 and no greater than 1 for 6. The meeting was held at the Company’s offices on March 13, 2013. The stockholders approved the action and immediately following the meeting, the Board of Directors voted to affect a reverse split of its common stock at the ratio of 1 for 6. The split shares were effective with the opening of trading on March 15, 2013. Relevant financial data has been adjusted in this report to reflect the 1 for 6 reverse stock-split.

Description_of_Business_and_Si7

Description of Business and Significant Accounting Policies - Advertising (Details Narrative) (USD $)	3 Months Ended		9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
Description Of Business And Significant Accounting Policies - Advertising Details Narrative	'	'	'	'
Advertising expense	$18,000	$18,000	$108,000	$84,000

Description_of_Business_and_Si8

Description of Business and Significant Accounting Policies - Income Taxes (Details Narrative) (USD $)	3 Months Ended
	Jan. 31, 2014
Federal net operationg loss (NOL) carry-forwards	23,500,000
State net operationg loss (NOL) carry-forwards	21,800,000
Minimum	'
Federal NOL expiration dates	1-Jan-23
State NOL expiration dates	'2016-01-01
Maximum	'
Federal NOL expiration dates	31-Dec-32
State NOL expiration dates	'2032-12-31

Description_of_Business_and_Si9

Description of Business and Significant Accounting Policies - Net Loss Per Share (Details Narrative)	3 Months Ended		9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
Stock Options	'	'	'	'
Anti-dilutive securities not included in diluted net loss per common share computation	287,746	294,408	287,746	294,408
Warrant	'	'	'	'
Anti-dilutive securities not included in diluted net loss per common share computation	221,875	221,875	221,875	221,875

Recovered_Sheet1

Description of Business and Significant Accounting Policies - Common Stock Repurchases (Details Narrative) (USD $)	12 Months Ended	3 Months Ended	12 Months Ended
	Apr. 30, 2013	Jul. 31, 2012	Apr. 30, 2012	Jan. 31, 2014	Apr. 10, 2012	Dec. 04, 2002
		Common Stock Repurchase Plan	Common Stock Repurchase Plan	Common Stock Repurchase Plan	Common Stock Repurchase Plan	Common Stock Repurchase Plan
Number of shares authorized to repurchase	'	'	'	'	138,000	83,333
Number of common shares repurchased	'	22,942	7,315	0	'	'
Cost to repurchase common stock	'	$142,262	$45,299	'	'	'
Treasury shares canceled	22,942	'	7,315	'	'	'
Total number of shares authorized for purchase	'	'	'	136,408	166,667	'

Recovered_Sheet2

Description of Business and Significant Accounting Policies - Stock Option Expense (Details Narrative) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

3 Months Ended

1 Months Ended

3 Months Ended

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Sep. 23, 2010

Sep. 22, 2011

Jul. 19, 2012

Jun. 30, 2008

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Stock Options

Stock Options

Stock Options

Stock Options

Stock Options

Stock Options

Nonqualified Stock Options 2010-09-23

Nonqualified Stock Options 2011-09-22

Nonqualified Stock Options 2012-07-19

Other Stock Options

Nonqualified Stock Options

Nonqualified Stock Options

Nonqualified Stock Options

Two Thousand One Incentive and Non-statutory Stock Option Plan [Member]

Two Thousand One Incentive and Non-statutory Stock Option Plan [Member]

Two Thousand One Incentive and Non-statutory Stock Option Plan [Member]

Two Thousand Eleven Incentive and Non-statutory Stock Option Plan [Member]

Two Thousand Eleven Incentive and Non-statutory Stock Option Plan [Member]

Two Thousand Eleven Incentive and Non-statutory Stock Option Plan [Member]

David Sheerr

David Sheerr

David Sheerr

Director

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Director

Director

Summary of Significant Accounting Policies (Textual) [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of shares allowed for granting under the plan

'

'

'

'

300,000

'

'

33,333

'

'

'

'

'

'

'

'

'

Vesting periods for options

'

'

'

'

'

'1 year

'5 years

'

'1 year

'5 years

'1 year

'1 year

'1 year

'

'

'1 year

'2 years

Number of shares granted

'

'

'

'

'

'

'

'

25,000

'

16,667

16,667

16,667

8,333

'

'

'

Options expiration period

'

'

'

'

'

'

'

'

'

'

'Expire five years after date of grant.

'Expire five years after date of grant.

'Expire five years after date of grant.

'Expire ten years after date of grant.

'Expire either five or ten years after date of grant.

'

'

Stock-based compensation expense

$5,000

$26,000

$43,399

$205,033

'

'

'

'

'

'

'

'

'

'

'

'

'

Total unrecognized compensation costs related to stock options

$24,000

'

$24,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total unrecognized compensation costs related to stock options, Weighted average period for recognition

'1 year 3 months

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Exercise price of options granted

'

'

'

'

'

'

'

'

'

'

'

'

'

$15.60

'

'

'

Percentage of options exercisable on date of grant

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

'

'

'

Acquisition_Details_Narrative

Acquisition (Details Narrative) (Acquisition of Certain MMB Assets)	1 Months Ended
	Mar. 31, 2009
Acquisition of Certain MMB Assets	'
Acquisition (Textual) [Abstract]	'
Description of contingent consideration payable for acquisition of assets	'Under the terms of the agreement with MMB, the remaining portion of the purchase price was contingently payable based upon the performance of the new Company business unit to be operated as a result of the acquisition (”MMB business unit”) and consists of a percentage, averaging 65%, payable quarterly, over the subsequent four years from acquisition date of earnings before interest, taxes, depreciation and amortization of the MMB business unit. The purchase price agreement expired March 31, 2013.

Related_Party_Transactions_Det

Related Party Transactions (Details Narrative) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

Oct. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Oct. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Dec. 14, 2011

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Oct. 31, 2013

Jan. 31, 2014

Leaseback Agreement with Mr. Sheerr

Leaseback Agreement with Mr. Sheerr

Sheerr Memory

Sheerr Memory

Sheerr Memory

Sheerr Memory

Keystone Memory Group

Keystone Memory Group

Keystone Memory Group

Keystone Memory Group

David Sheerr

David Sheerr

David Sheerr

David Sheerr

David Sheerr

David Sheerr

David Sheerr

Note and Security Agreement

Note and Security Agreement

Note and Security Agreement

Note and Security Agreement

Note and Security Agreement

Amended and Restated Note and Security Agreement

Amended and Restated Note and Security Agreement

integer

integer

Related Party Transactions (Textual) [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchase of inventories for resale

'

'

'

'

'

$872,000

$584,000

$2,336,000

$2,696,000

$432,000

$79,000

$298,000

$777,000

'

'

'

'

'

'

'

Accounts payable

'

'

'

'

'

416,000

74,000

416,000

74,000

'

'

'

'

'

'

'

'

'

'

866,667

Interest paid

0

256,665

146,824

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Creditor trade cycle term

'

'

'

'

'

'30 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum secured financing under agreement

'

'

'

'

'

'

'

'

'

'

'

'

'

2,000,000

'

'

'

'

'

'

Interest rate

'

'

'

'

'

0.00%

'

0.00%

'

'

'

'

'

'

'

'

'

'

'

'

Frequency of periodic payment

'

'

'

'

'

'

'

'

'

'

'

'

'

'Monthly

'

'

'

'

'Monthly

'

Interest rate terms

'

'

'

'

'

'

'

'

'

'

'

'

'

'The Company is obligated to pay monthly, interest equal to 10% per annum calculated on a 360 day year of the outstanding loan rbalance.

'

'

'

'

'The Company is obligated to pay monthly, interest equal to 10% per annum calculated on a 360 day year of the outstanding loan rbalance.

'

Number of installments

'

'

'

'

'

'

'

'

'

'

'

'

'

60

'

'

'

'

29

'

Date of first required payment, principal amount

'

'

'

'

'

'

'

'

'

'

'

'

'

15-Jul-12

'

'

'

'

15-Nov-13

'

Repayment of Note

'

800,000

233,333

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

500,000

'

Amount borrowed under agreement

'

'

'

'

'

'

'

'

'

'

'

'

'

2,000,000

'

'

'

'

2,000,000

'

Principal amount due per month

'

'

'

'

'

'

'

'

'

'

'

'

'

33,333

'

'

'

'

33,333

'

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

22,991

45,991

102,213

145,370

'

'

Interest payable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,463

'

7,463

'

'

'

Sale of property and equipment

'

500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

500,000

'

Monthly Payment Date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'15th day of each month

'

Sale-leaseback transaction date

'

'

'

'

'2013-10-31

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Leaseback assets

'

'

'

'

'the aforementioned equipment and furniture that was sold to David Sheer on October 31, 2013

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Terms of lease

'

'

'

'

'The lease is for a term of 60 months and the Company is obligated to pay approximately $7,500 per month for the term of the lease. The Company has an option to extend the lease for an additional two year period.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on the sale of assets

'

'

'

$17,916

$103,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Sale-leaseback other information

'

'

'

'The Company will recognize the remaining $340,000 in proportion to the related gross rental charged to expense over the term of the lease, 60 months.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Note_Receivable_Details_Narrat

Note Receivable (Details Narrative) (Shoreline Memory, USD $)	Jul. 31, 2013	Jul. 30, 2012	Jul. 30, 2012	Feb. 22, 2013	Feb. 19, 2013	Jul. 31, 2012	Jul. 31, 2012	Jul. 31, 2012	Oct. 31, 2013
		Warrant	Convertible Senior Promissory Note	Convertible Senior Promissory Note	Convertible Senior Promissory Note	Convertible Senior Promissory Note	Convertible Senior Promissory Note	Convertible Senior Promissory Note	Amended and Restated Promissory Note
Notes Receivable (Textual) [Abstract]	'	'	'	'	'	'	'	'	'
Amount to be lend under Convertible Senior Promissory Note	'	'	'	'	'	$1,500,000	'	'	'
Note receivable, interest rate description	'	'	'Prime plus 3.0%	'	'	'	'	'	'
Terms of advance under the note	'	'	'Each time the Company advanced money under the note, the Company was granted 1% of the outstanding Common Stock of Shoreline for every $100,000 advanced up to a maximum of 15%. This was in addition to the 15% allowable under the conversion of the note and the warrant to acquire 30% of Shoreline Common Stock. The conversion is at the rate of 1% of the outstanding Common Stock for each $100,000 converted up to a maximum of 15%.	'	'	'	'	'	'
Note receivable maturity period	'	'	'3 years	'	'	'	'	'	'
Note receivable collateral, description	'	'	'The note is secured by all the assets of Shoreline and Shoreline Capital Management Ltd. ("Shoreline Capital") as guarantor.	'	'	'	'	'	'
Common stock called by warrants, percentage	'	30.00%	'	'	'	'	'	'	'
Convertible terms, description	'	'	'Also executed with the note was a warrant to purchase 30% of the outstanding Common Stock of Shoreline at the time of exercise and the warrant expires sixty days after the third anniversary of the closing of the transaction. The warrant prescribed a formula to determine the price per share at the time of exercise. If all the amounts under the note were advanced and converted and the full warrant is exercised, the Company would have owned 60% of the outstanding Common Stock of Shoreline.	'	'	'	'	'	'
Amount advanced under the note	'	'	'	'	'	'	375,000	375,000	'
Partial repayments of note receivable	'	'	'	200,000	50,000	'	'	'	'
Termination agreement, description	'	'	'	'	'	'	'	'	'On March 27, 2013, the Company reached an agreement to terminate its relationship with Shoreline. At closing, the Company received an additional $225,000 as a partial repayment of the loan in connection with the termination of all agreements with Shoreline.
Interest rate of promissory note	'	'	'	'	'	'	'	'	6.00%
Repayment terms	'	'	'	'	'	'	'	'	'The remaining $275,000 was scheduled to be repaid in accordance with the amended and restated promissory note on July 31, 2013.
New interest rate upon default of note	'	'	'	'	'	'	'	'	10.00%
Fully reserved balance of note	$275,000	'	'	'	'	'	'	'	'
Settlement	'	'	'	'	'	'	'	'	'During the quarter ended October 31, 2013 the Company agreed to settle the amount due on the defaulted note for approximately $162,000. The funds were received in escrow on October 31, 2013 and forwarded to the Company on November 1, 2013.

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets (Details Narrative) (USD $)	3 Months Ended		9 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Jan. 31, 2014	Jan. 31, 2013
Goodwill and Intangible Assets (Textual) [Abstract]	'	'	'	'
Intangible assets, amortization method	'Straight-line basis	'	'	'
Residual value of intangible assets	$0	'	$0	'
Intangible assets amortization expense	$41,000	$41,000	$82,000	$82,000
Maximum	'	'	'	'
Goodwill and Intangible Assets (Textual) [Abstract]	'	'	'	'
Intangible asset, estimated period of benefit	'5 years	'	'	'
Minimum	'	'	'	'
Goodwill and Intangible Assets (Textual) [Abstract]	'	'	'	'
Intangible asset, estimated period of benefit	'4 years	'	'	'
Research and Development and Customer Relationships	'	'	'	'
Goodwill and Intangible Assets (Textual) [Abstract]	'	'	'	'
Intangible assets, amortization method	'Amortized over a two-year period at a rate of 65% of the gross value acquired in the first year subsequent to their acquisition and 35% of the gross value acquired in the second year.	'	'	'

Financing_Agreements_Details_N

Financing Agreements (Details Narrative) (USD $)

9 Months Ended

3 Months Ended

1 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

3 Months Ended

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Oct. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Jul. 31, 2010

Mar. 02, 2012

17-May-12

17-May-12

Dec. 18, 2012

Dec. 14, 2011

Jan. 31, 2014

Jan. 31, 2013

Jan. 31, 2014

Jan. 31, 2013

Oct. 31, 2013

Jan. 31, 2014

Jan. 31, 2014

Leaseback Agreement with Mr. Sheerr

Leaseback Agreement with Mr. Sheerr

Sheerr Memory

Sheerr Memory

Secured Debt Financing Agreement 2010-27-07

Secured Debt Financing Agreement Amended

Secured Debt Financing Agreement Amended and Restated

Secured Debt Financing Agreement Amended and Restated

Secured Debt Financing Agreement Amendment 2

Note and Security Agreement

Note and Security Agreement

Note and Security Agreement

Note and Security Agreement

Note and Security Agreement

Amended and Restated Note and Security Agreement

Amended and Restated Note and Security Agreement

Financing Agreement

Minimum

David Sheerr

David Sheerr

David Sheerr

David Sheerr

David Sheerr

David Sheerr

David Sheerr

integer

integer

Financing Agreements (Textual) [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Formula-based secured debt financing capacity

'

'

'

'

'

'

$5,000,000

$3,500,000

$3,500,000

'

'

'

'

'

'

'

'

'

'

Borrowings, collateral, description

'

'

'

'

'

'

'

'

'Borrowings are secured by substantially all assets.

'

'

'

'

'

'

'

'

'

'

Interest rate

'

'

'

'

'

'

'

'

'Prime plus 6%

'

'

'

'

'

'

'

'

'

'

Minimum interest rate

'

'

'

'

'

'

'

'

'

9.25%

'

'

'

'

'

'

'

'

'

Interest amount as per amended and restated document

'

'

'

'

'

'

'

'

'

8,000

'

'

'

'

'

'

'

'

'

Loan facility, borrowing capacity, description

'

'

'

'

'

'

'

'

'On May 17, 2012, the agreement was amended and restated. The amended and restated documents reduced the interest rate to prime plus 6%, subject to a minimum of 9.25% and also not less than $8,000 per month. The loan facility allows borrowing of 90% of eligible domestic receivables. In addition, the loan facility now allows borrowing of 90% of eligible foreign receivables to a maximum of $500,000 and 25% of eligible inventory to a maximum of 20% of the amount available on receivables.

'

'

'

'

'

'

'

'

'

'

Credit facility, covenant terms

'

'

'

'

'

'

'

'

'

'

'On December 18, 2012, the agreement was amended in exchange for a fee of $7,500 to reduce the minimum Tangible Net Worth covenant to $1,300,000. On November 6, 2013, the Company entered into a new financing agreement (the “Financing Agreement”) with Rosenthal & Rosenthal, Inc., and simultaneously terminated the loan agreement with the financial institution and paid in full the outstanding balance and accrued interest with proceeds received from the financing agreement.

'

'

'

'

'

'

'

'

Agreement termination, terms

'

'

'

'

'

'

'

'

'The Company agreed to pay an exit fee if it terminates the agreement more than 30 days prior to the one year anniversary of the amended and restated agreement.

'

'

'

'

'

'

'

'

'

'

Maximum secured financing under agreement

'

'

'

'

'

'

'

'

'

'

'

2,000,000

'

'

'

'

'

'

'

Interest rate terms

'

'

'

'

'

'

'

'

'

'

'

'The Company is obligated to pay monthly, interest equal to 10% per annum calculated on a 360 day year of the outstanding loan rbalance.

'

'

'

'

'The Company is obligated to pay monthly, interest equal to 10% per annum calculated on a 360 day year of the outstanding loan rbalance.

'

'Loans outstanding under the Financing Agreement will bear interest at a rate of the Prime Rate (as defined in the Financing Agreement) plus 3.25% (the “Effective Rate”) or on Over-advances (as defined in the Financing Agreement), if any, at a rate of the Effective Rate plus 3%.

Interest rate

'

'

'

'

0.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Frequency of periodic principal payment

'

'

'

'

'

'

'

'

'

'

'

'Monthly

'

'

'

'

'Monthly

'

'

Number of installments

'

'

'

'

'

'

'

'

'

'

'

60

'

'

'

'

29

'

'

Date of first required payment, principal amount

'

'

'

'

'

'

'

'

'

'

'

15-Jul-12

'

'

'

'

15-Nov-13

'

'

Repayment of Note

800,000

233,333

'

'

'

'

'

'

'

'

'

'

'

'

'

'

500,000

'

'

Amount borrowed under agreement

'

'

'

'

'

'

'

'

'

'

'

2,000,000

'

'

'

'

2,000,000

'

'

Principal amount due per month

'

'

'

'

'

'

'

'

'

'

'

33,333

'

'

'

'

33,333

'

'

Sale of property and equipment

500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

500,000

'

'

Accounts payable

'

'

'

'

416,000

74,000

'

'

'

'

'

'

'

'

'

'

'

866,667

'

Interest expense

'

'

'

'

'

'

'

'

'

'

'

'

22,991

45,991

102,213

145,370

'

'

'

Interest payable

'

'

'

'

'

'

'

'

'

'

'

'

7,463

'

7,463

'

'

'

'

Sale-leaseback agreement

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Sale-leaseback transaction date

'

'

'

'2013-10-31

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Leaseback assets

'

'

'

'the aforementioned equipment and furniture that was sold to David Sheer on October 31, 2013

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Terms of lease

'

'

'

'The lease is for a term of 60 months and the Company is obligated to pay approximately $7,500 per month for the term of the lease. The Company has an option to extend the lease for an additional two year period.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain on the sale of assets

'

'

17,916

103,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Leaseback deferred gain

'

'

$340,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Financing agreement with Rosenthal & Rosenthal

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Financing agreement description

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'On November 6, 2013, the Company entered into a new financing agreement (the "Financing Agreement") with Rosenthal & Rosenthal, Inc. to replace the existing loan agreement. The Financing Agreement provides for a revolving loan with a maximum borrowing capacity of $3,500,000. The loans under the Financing Agreement mature on November 30, 2016 unless such Financing Agreement is either earlier terminated or renewed

Securities_Purchase_Agreement_

Securities Purchase Agreement (Details Narrative) (USD $)	9 Months Ended		0 Months Ended	1 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	11-May-11	Sep. 18, 2013
			Securities Purchase Agreement of May 11, 2011	Securities Purchase Agreement of September 18, 2013
Securities Purchase Agreements (Textual) [Abstract]	'	'	'	'
Numer of common stock sold	'	'	295,833	350,931
Number of common stock called by warrants	'	'	221,875	'
Proceeds from sale of common stock and warrants, gross	'	'	'	$807,000
Net proceeds from sale of common stock and warrants	$695,491	'	$2,998,000	$695,491
Combination of securities offered in Securities Purchase Agreement, description	'	'	'The common stock and warrants were sold in fixed combinations, with each combination consisting of one share of common stock and 0.75 of one warrant, with each whole warrant exercisable for one share of common stock.	'The common stock and warrants were sold in fixed combinations, with each combination consisting of one share of common stock and one warrant, with each warrant exercisable for one share of common stock.
Purchase price per fixed combination	'	'	11.28	2.3
Description of period for exercisability of warrants	'	'	'The warrants became exercisable six months and one day following the closing date of the Offering and will remain exercisable for five years thereafter.	'
Exercise price of warrants	'	'	13.56	'
Percentage of holding in common stock after which exercisability of warrant may be limited	'	'	4.99%	'
Right to call warrants for cancellation, description	'	'	'After the one year anniversary of the initial exercise date of the warrants, the Company has the right to call the warrants for cancellation for $.006 per share in the event that the volume weighted average price of the CompanyBs Common Stock for 20 consecutive trading days exceeds $27.12.	'

Commitments_and_Contingencies_2

Commitments and Contingencies (Details Narrative) (USD $)	3 Months Ended
	Jan. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Legal proceedings description	'The landlord for the property previously leased by the Company in Ivyland, Pennsylvania filed suit against the Company, which vacated the property at the expiration of its lease, for the Company’s alleged failure to restore the property to its original condition. The landlord is currently in possession of a security deposit in the amount of $52,000.
Settlement provision	$150,000

Subsequent_Events_Details_Narr

Subsequent Events (Details Narrative) (USD $)	9 Months Ended			3 Months Ended
	Jan. 31, 2014	Jan. 31, 2013	Apr. 30, 2013	Jan. 31, 2014	Jan. 31, 2014
				Second Supplemental Agreement	Purchase Agreement of March 20, 2014
Subsequent event date	'	'	'	13-Mar-14	20-Mar-14
Subsequent event description	'	'	'	'	'
				On March 13, 2014, the Company entered into a Second Supplemental Agreement to Engagement Agreement (the “Second Supplemental Agreement”) with TriPoint Global Equities, LLC (the “Placement Agent”), pursuant to which the Placement Agent agreed to use its reasonable best efforts to arrange for the sale of up to 219,754 shares of the Company’s common stock in a registered direct public offering (the “Offering”). The Second Supplemental Agreement supplements that certain engagement letter and Supplemental Agreement to Engagement Agreement dated August 29, 2013 and September 18, 2013, respectively, by and between the Company and the Placement Agent as disclosed on the Company’s Current Report on Form 8-K filed on September 19, 2013.	On March 20, 2014, the Company and a certain investor entered into a common stock purchase agreement (the “Purchase Agreement”) in connection with the Offering, pursuant to which the Company agreed to sell an aggregate of 219,750 shares of its common stock to such investor for aggregate gross proceeds, before deducting fees to the Placement Agent and other estimated offering expenses payable by the Company, of approximately $659,250. The purchase price was $3.00 per share. The Placement Agent was entitled to a cash fee of $46,148 which was equal to 7.0% of the gross proceeds paid to the Company in the Offering. The Company also reimbursed the Placement Agent for legal and other expenses incurred by the Placement Agent in connection with the Offering in an amount of approximately $7,500.
Net proceeds to the Compay from the offering	$695,491	'	'	'	$583,000
Common stock, shares outstanding	2,104,662	'	1,754,662	'	2,324,416
Warrants exercised	'	'	'	'	86,100
Exercise price of warrants	'	'	'	'	$3.50
Net proceeds from excercise of warrants	'	'	'	'	$301,350
Common stock issued (shares)	2,104,662	'	1,754,662	'	86,100