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Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.3.1.900
Property and Equipment (Tables)
9 Months Ended
Jan. 31, 2016
Property, Plant and Equipment [Line Items]  
Schedule of Property and Equipment
               
    January 31,     April 30,  
    2016     2015  
Call center hardware   $ 133,965     $ 132,798  
Computer and office equipment     69,772       78,626  
Furniture and fixtures     70,021       42,698  
Library (online)           100,000  
Software     2,515,703       2,244,802  
      2,789,461       2,598,924  
Accumulated depreciation and amortization     (1,651,352 )     (1,387,876 )
Property and equipment, net   $ 1,138,109     $ 1,211,048  
Schedule of Depreciation and Amortization Expense
                                 
    For the     For the  
   

Three Months Ended

January 31,

   

Nine Months Ended

January 31,

 
    2016     2015     2016     2015  
                         
Depreciation and Amortization Expense     135,084       114,559       390,010       329,799  
                                 
Software Amortization Expense     122,619       104,441       354,688       300,642  
Software [Member]  
Property, Plant and Equipment [Line Items]  
Schedule of Intangible Asset
               
    January 31,     April 30,  
    2016     2015  
Software   $ 2,515,703     $ 2,244,802  
Accumulated amortization     (1,485,141 )     (1,130,453 )
Software, net   $ 1,030,562     $ 1,114,349  
Schedule of Estimated Future Amortization Expense
       
Year Ending April 30,      
2016   $ 124,939  
2017     379,563  
2018     246,527  
2019     163,354  
2020     116,179  
Total   $ 1,030,562