| Cash and cash equivalents |
1.94M |
| Accounts receivable, net of allowance of $1,631,985 and $1,662,168 at July 31, 2011 and April 30, 2011, respectively |
4.33M |
| Costs and estimated earnings in excess of billings on uncompleted contracts |
437.19K |
| Inventory |
| Prepaid expenses and other current assets |
123.98K |
| Prepaid income taxes |
| Income taxes receivable |
| Deferred tax assets |
| Total current assets |
6.83M |
| PROPERTY AND EQUIPMENT, net |
298.56K |
| OTHER INTANGIBLE ASSETS, net |
| GOODWILL |
| DEFERRED TAX ASSETS |
| OTHER ASSETS |
24.94K |
| Total assets |
7.15M |
| Current portion of loans payable |
60.85K |
| Borrowings under line of credit |
| Current portion of capital lease obligations |
| Accounts payable and accrued expenses |
2.28M |
| Billings in excess of costs and estimated earnings on uncompleted contracts |
1.9M |
| Deferred revenue |
| Due joint venture partner |
| Acquisition-related contingent consideration |
| Total current liabilities |
4.24M |
| Loans payable, net of current portion |
108.83K |
| Capital lease obligations, net of current portion |
| Total liabilities |
4.35M |
| COMMITMENTS AND CONTINGENCIES |
0 |
| Preferred stock - $0.0001 par value, 5,000,000 shares authorized, none issued |
0 |
| Common stock - $0.0001 par value, 25,000,000 shares authorized, 6,954,766 shares issued and outstanding at July 31, 2011 and April 30, 2011 |
271 |
| Additional paid-in capital |
85.96M |
| Retained earnings (accumulated deficit) |
-84.26M |
| Accumulated other comprehensive income on foreign currency translation, net of tax effects of $191,979 and $185,060 at July 31, 2011 and April 30, 2011, respectively |
| Total WPCS shareholders' equity |
| Noncontrolling interest |
| Total equity |
2.8M |
| Total liabilities and equity |
7.15M |
