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Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.10.0.1
Property and Equipment (Tables)
6 Months Ended
Oct. 31, 2018
Property, Plant and Equipment [Line Items] Ìý
Schedule of Property and Equipment

Property and equipment consisted of the following at October 31, 2018 and AprilÌý30, 2018:


Ìý

Ìý

October 31,

Ìý

Ìý

April 30,

Ìý

Ìý

Ìý

2018

Ìý

Ìý

2018

Ìý

Call center hardware

Ìý

$

166,051

Ìý

Ìý

$

140,509

Ìý

Computer and office equipment

Ìý

Ìý

294,419

Ìý

Ìý

Ìý

230,810

Ìý

Furniture and fixtures

Ìý

Ìý

1,271,536

Ìý

Ìý

Ìý

932,454

Ìý

Software

Ìý

Ìý

3,485,118

Ìý

Ìý

Ìý

2,878,753

Ìý

Ìý

Ìý

Ìý

5,217,124

Ìý

Ìý

Ìý

4,182,526

Ìý

Accumulated depreciation and amortization

Ìý

Ìý

(1,450,025

)

Ìý

Ìý

(1,320,360

)

Property and equipment, net

Ìý

$

3,767,099

Ìý

Ìý

$

2,862,166

Ìý

Schedule of Depreciation and Amortization Expense

Depreciation expense for all Property and Equipment as well as the portion for just software is presented below for the three and six months ended October 31, 2018 and 2017:


Ìý

Ìý

For the

Ìý

Ìý

For the

Ìý

Ìý

Ìý

Three Months Ended

October 31,

Ìý

Ìý

Six Months Ended

October 31,

Ìý

Ìý

Ìý

2018

Ìý

Ìý

2017

Ìý

Ìý

2018

Ìý

Ìý

2017

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Depreciation and Amortization Expense

Ìý

$

233,109

Ìý

Ìý

$

131,669

Ìý

Ìý

$

440,841

Ìý

Ìý

$

256,751

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Ìý

Software Amortization Expense

Ìý

$

160,666

Ìý

Ìý

$

112,522

Ìý

Ìý

$

304,440

Ìý

Ìý

$

220,129

Ìý

Software [Member] Ìý
Property, Plant and Equipment [Line Items] Ìý
Schedule of Intangible Asset

Software consisted of the following at October 31, 2018 and AprilÌý30, 2018:


Ìý

Ìý

October 31,

Ìý

Ìý

April 30,

Ìý

Ìý

Ìý

2018

Ìý

Ìý

2018

Ìý

Software

Ìý

$

3,485,118

Ìý

Ìý

$

2,878,753

Ìý

Accumulated depreciation

Ìý

Ìý

(1,147,662

)

Ìý

Ìý

(1,146,008

)

Software, net

Ìý

$

2,337,456

Ìý

Ìý

$

1,732,745

Ìý

Schedule of Estimated Future Amortization Expense

The following is a schedule of estimated future amortization expense of software at October 31, 2018:


Year Ending April 30,

Ìý

Ìý

Ìý

2019

Ìý

$

339,823

Ìý

2020

Ìý

Ìý

630,841

Ìý

2021

Ìý

Ìý

553,378

Ìý

2022

Ìý

Ìý

460,380

Ìý

2023

Ìý

Ìý

300,139

Ìý

Thereafter

Ìý

Ìý

52,895

Ìý

Total

Ìý

$

2,337,456

Ìý