桃汁影院, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

9 Months Ended

Jan. 31, 2015

Property, Plant and Equipment [Line Items]

Property and equipment consisted of the following at January 31, 2015 and April 30, 2014:


	January 31,		April 30,
	2015		2014
Call center hardware	$	132,798	$	122,653
Computer and office equipment		73,286		66,118
Furniture and fixtures		42,698		36,446
Library (online)		100,000		100,000
Software		2,147,783		1,894,215
		2,496,565		2,219,432
Accumulated depreciation and amortization		(1,268,502)		(938,703)
Property and equipment, net	$	1,228,063	$	1,280,729

Software [Member]

Property, Plant and Equipment [Line Items]

Schedule of Intangible Asset

Software consisted of the following at January 31, 2015 and April 30, 2014:


	January 31,		April 30,
	2015		2014
Software	$	2,147,783	$	1,894,215
Accumulated amortization		(1,021,466)		(720,823)
Software, net	$	1,126,317	$	1,173,392

Schedule of Depreciation and Amortization Expense

Amortization expense for all Property and Equipment as well as the portion for just software is presented for the three and nine months ended January 31, 2015 and 2014:

	For the				For the
	Three Months Ended				Nine Months Ended
	January 31,				January 31,
	2015		2014		2015		2014

Depreciation and Amortization Expense		114,559		96,879		329,799		267,762

Software Amortization Expense		104,441		87,610		300,642		242,259

Schedule of Estimated Future Amortization Expense

The following is a schedule of estimated future amortization expense of software at January 31, 2015:


Year Ending April 30,
2015	$	107,389
2016		428,711
2017		305,979
2018		172,944
2019		111,294
Total	$	1,126,317