Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.3.0.814
Property and Equipment (Tables)
6 Months Ended
Oct. 31, 2015
Property, Plant and Equipment [Line Items]  
Schedule of Property and Equipment

 

 

October 31,

 

 

April 30,

 

 

 

2015

 

 

2015

 

Call center hardware

 

$

132,798

 

 

$

132,798

 

Computer and office equipment

 

 

64,878

 

 

 

78,626

 

Furniture and fixtures

 

 

67,531

 

 

 

42,698

 

Library (online)

 

 

 

 

 

100,000

 

Software

 

 

2,421,204

 

 

 

2,244,802

 

 

 

 

2,686,411

 

 

 

2,598,924

 

Accumulated depreciation and amortization

 

 

(1,516,268

)

 

 

(1,387,876

)

Property and equipment, net

 

$

1,170,143

 

 

$

1,211,048

 

Schedule of Depreciation and Amortization Expense

 

 

 For the 

 

 

For the

 

 

 

 Three Months Ended
October 31,

 

 

Six Months Ended

October 31,

 

 

 

 2015

 

 

 2014

 

 

2015

 

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and Amortization Expense

 

130,154

 

 

 109,845

 

 

254,925

 

 

215,240

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software Amortization Expense

 

118,237

 

 

 100,224

 

 

232,069

 

 

196,201

 

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

 

 

October 31,

 

 

April 30,

 

 

 

2015

 

 

2015

 

Software

 

$

2,421,204

 

 

$

2,244,802

 

Accumulated amortization

 

 

(1,362,522

)

 

 

(1,130,453

)

Software, net

 

$

1,058,682

 

 

$

1,114,349

 

Schedule of Estimated Future Amortization Expense

Fiscal Year Ending April 30,

 

 

 

2016

 

$

241,275

 

2017

 

 

360,663

 

2018

 

 

227,628

 

2019

 

 

144,455

 

2020

 

 

84,661

 

Total

 

$

1,058,682