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EXCEL - IDEA: XBRL DOCUMENT - Inova Technology Inc.Financial_Report.xls
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v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Income Statement [Abstract]    
Revenues $ 21,207,693 $ 22,121,789
Cost of revenues (15,809,385) (15,245,413)
Selling, general and administrative expense (5,583,358) (5,731,783)
Impairment loss    (2,525,375)
Amortization    (450,453)
Depreciation expense (35,640) (69,942)
Operating loss (220,690) (1,901,177)
Other income (expense)    
Gain (loss) on derivative liabilities 1,268,499 836,353
Other income    24,719
Gain (loss) on warrant liability 690,380   
Gain (loss) on debt extinguishment 87,582   
Interest expense (2,384,562) (2,310,272)
Net loss $ (1,249,171) $ (3,350,377)
Basic and diluted income (loss) per share $ (0.02) $ (0.06)
Weighted average common shares outstanding 67,470,101 58,560,338