Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
Income Statement [Abstract]        
Revenue $ 18,940,211 $ 16,971,045 $ 38,371,206 $ 32,136,607
Operating expenses:        
Cost of revenue (exclusive of depreciation and amortization shown separately below) 8,789,201 7,324,780 17,382,769 13,172,303
General and administrative 11,641,312 11,285,155 22,587,789 20,078,911
Bad debt expense 350,000 632,000 700,000 1,032,000
Depreciation and amortization 817,234 526,357 1,596,643 1,016,981
Total operating expenses 21,597,747 19,768,292 42,267,201 35,300,195
Operating loss (2,657,536) (2,797,247) (3,895,995) (3,163,588)
Other income (expense):        
Interest expense (139,502) (1,529,668) (173,041) (1,985,125)
Other (expense) income, net (49,320) (7,080) 502,800 (130,378)
Total other (expense) income, net (188,822) (1,536,748) 329,759 (2,115,503)
Loss before income taxes (2,846,358) (4,333,995) (3,566,236) (5,279,091)
Income tax expense 5,900 36,530 156,910 34,630
Net loss $ (2,852,258) $ (4,370,525) $ (3,723,146) $ (5,313,721)
Net loss per share - basic (in dollars per share) $ (0.11) $ (0.19) $ (0.15) $ (0.23)
Net loss per share - diluted (in dollars per share) $ (0.11) $ (0.19) $ (0.15) $ (0.23)
Weighted average number of common stock outstanding - basic (in shares) 24,957,046 22,791,503 24,935,793 22,763,235
Weighted average number of common stock outstanding - diluted (in shares) 24,957,046 22,791,503 24,935,793 22,763,235