CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
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3 Months Ended | 9 Months Ended | ||
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Jan. 31, 2015
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Jan. 31, 2014
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Jan. 31, 2015
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Jan. 31, 2014
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CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract] | ||||
Revenues | $ 1,286,138us-gaap_Revenues | $ 1,002,167us-gaap_Revenues | $ 3,670,245us-gaap_Revenues | $ 2,817,497us-gaap_Revenues |
Operating expenses | ||||
Cost of revenues (exclusive of depreciation and amortization shown separately below) | 662,368us-gaap_CostOfRevenue | 500,311us-gaap_CostOfRevenue | 1,524,793us-gaap_CostOfRevenue | 1,390,444us-gaap_CostOfRevenue |
General and administrative | 1,701,871us-gaap_GeneralAndAdministrativeExpense | 1,752,717us-gaap_GeneralAndAdministrativeExpense | 4,160,978us-gaap_GeneralAndAdministrativeExpense | 4,866,498us-gaap_GeneralAndAdministrativeExpense |
Receivable collateral valuation reserve | 123,647aspu_ReceivableCollateralValuationService | 123,647aspu_ReceivableCollateralValuationService | ||
Depreciation and amortization | 133,966us-gaap_DepreciationDepletionAndAmortization | 121,904us-gaap_DepreciationDepletionAndAmortization | 389,706us-gaap_DepreciationDepletionAndAmortization | 350,990us-gaap_DepreciationDepletionAndAmortization |
Total operating expenses | 2,498,205us-gaap_OperatingExpenses | 2,498,579us-gaap_OperatingExpenses | 6,075,477us-gaap_OperatingExpenses | 6,731,579us-gaap_OperatingExpenses |
Operating loss from continuing operations | (1,212,067)us-gaap_OperatingIncomeLoss | (1,496,412)us-gaap_OperatingIncomeLoss | (2,405,232)us-gaap_OperatingIncomeLoss | (3,914,082)us-gaap_OperatingIncomeLoss |
Other income (expense): | ||||
Other income | 2,277us-gaap_OtherIncome | 136us-gaap_OtherIncome | 7,157us-gaap_OtherIncome | 750us-gaap_OtherIncome |
Loss on Debt Extinguishment | (452,503)us-gaap_GainsLossesOnExtinguishmentOfDebt | |||
Interest expense | (34,532)us-gaap_InterestExpense | (260,062)us-gaap_InterestExpense | (389,153)us-gaap_InterestExpense | (398,916)us-gaap_InterestExpense |
Total other expense, net | (32,255)us-gaap_NonoperatingIncomeExpense | (259,926)us-gaap_NonoperatingIncomeExpense | (834,499)us-gaap_NonoperatingIncomeExpense | (398,166)us-gaap_NonoperatingIncomeExpense |
Loss from continuing operations before income taxes | (1,244,322)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic | (1,756,338)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic | (3,239,731)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic | (4,312,248)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic |
Income tax expense (benefit) | ||||
Loss from continuing operations | (1,244,322)us-gaap_IncomeLossFromContinuingOperations | (1,756,338)us-gaap_IncomeLossFromContinuingOperations | (3,239,731)us-gaap_IncomeLossFromContinuingOperations | (4,312,248)us-gaap_IncomeLossFromContinuingOperations |
Discontinued operations (Note 1) | ||||
Income from discontinued operations, net of income taxes | 29,751us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity | 84,663us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity | ||
Net loss | $ (1,244,322)us-gaap_NetIncomeLoss | $ (1,726,587)us-gaap_NetIncomeLoss | $ (3,239,731)us-gaap_NetIncomeLoss | $ (4,227,585)us-gaap_NetIncomeLoss |
Loss per share from continuing operations - basic and diluted | $ (0.01)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare | $ (0.03)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare | $ (0.03)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare | $ (0.07)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare |
Income per share from discontinued operations - basic and diluted | $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare | $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare | ||
Net loss per share allocable to common stockholders - basic and diluted | $ (0.01)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.03)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.03)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.07)us-gaap_EarningsPerShareBasicAndDiluted |
Weighted average number of common shares outstanding: | ||||
basic and diluted | 112,753,454us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 59,780,884us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 96,548,329us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 59,098,885us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted |
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Amount of expense related to write-down of related party receivable to the amount expected to be collected based on collateral valuation. No definition available.
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The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Per basic and diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation, when the per share amount is the same. No definition available.
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Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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The net result for the period of deducting operating expenses from operating revenues. No definition available.
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Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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