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EXCEL - IDEA: XBRL DOCUMENT - Inova Technology Inc.Financial_Report.xls
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EX-32.1 - EXHIBIT 32.1 - Inova Technology Inc.ex32_1.htm
EX-31.1 - EXHIBIT 31.1 - Inova Technology Inc.ex31_1.htm
EX-32.2 - EXHIBIT 32.2 - Inova Technology Inc.ex32_2.htm
10-Q/A - FOR THE QUARTERLY PERIOD ENDED JULY 31, 2012 - Inova Technology Inc.m91212010q.htm
EX-31.2 - EXHIBIT 31.2 - Inova Technology Inc.ex31_2.htm
v2.4.0.6
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Jul. 31, 2012
Apr. 30, 2012
Current assets    
Cash $ 878,201 $ 752,011
Accounts receivable, net of allowance of $81,283 and $81,283 77,427 107,471
Contract receivables, net of allowance of $21,746 and $21,746 739,860 1,126,221
Credit facility receivable 891,512 1,477,930
Inventory 99,071 98,921
Costs in excess of billing and estimated earnings 153,091 201,602
Prepaid and other current assets 1,113 52,484
Total current assets 2,840,275 3,816,640
Fixed assets, net 581,857 113,308
Revenue earning equipment, net   586,896
Goodwill, net 4,157,596 4,157,596
Intangibles 73,892   
Total assets 7,653,620 8,674,440
Current liabilities    
Accounts payable 625,379 1,739,006
Accrued liabilities 4,830,102 4,479,224
Deferred income 384,323 395,781
Derivative liabilities 1,238,323 1,461,265
Notes payable - related parties 1,689,688 1,689,688
Notes payable 9,924,227 9,904,192
Total current liabilities 18,692,042 19,669,156
Notes payable - related parties, net of current maturities 142,532 142,532
Total liabilities 18,834,574 19,811,688
Stockholders' deficit    
Convertible preferred stock, $0.001 par value; 25,000,000 shares authorized; 1,500,000 shares issued and outstanding (the cost of the shares are included in non-controlling interest) 0 0
Common stock, $0.001 par value; 500,000,000 shares authorized; 88,688,715 and 76,364,065 shares issued and outstanding 88,679 76,364
Additional paid-in capital 5,311,095 5,249,518
Accumulated deficit (17,888,234) (17,770,636)
Total Inova Technology, Inc stockholders' deficit (12,488,460) (12,444,754)
Non-controlling interest 1,307,506 1,307,506
Total stockholders' deficit (11,180,954) (11,137,248)
Total liabilities and stockholders' deficit $ 7,653,620 $ 8,674,440