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, 2022
Oct. 31, 2021
Oct. 31, 2022
Oct. 31, 2021
Income Statement [Abstract]        
Revenue $ 17,074,547 $ 18,940,211 $ 35,968,460 $ 38,371,206
Operating expenses:        
Cost of revenue (exclusive of depreciation and amortization shown separately below) 6,347,008 8,789,201 16,552,559 17,382,769
General and administrative 10,883,118 11,641,312 21,415,138 22,587,789
Bad debt expense 450,000 350,000 800,000 700,000
Depreciation and amortization 935,070 817,234 1,856,178 1,596,643
Total operating expenses 18,615,196 21,597,747 40,623,875 42,267,201
Operating loss (1,540,649) (2,657,536) (4,655,415) (3,895,995)
Other income (expense):        
Interest expense (710,372) (139,502) (1,291,665) (173,041)
Other income (expense), net 3,882 (49,320) 15,291 502,800
Total other (expense) income, net (706,490) (188,822) (1,276,374) 329,759
Loss before income taxes (2,247,139) (2,846,358) (5,931,789) (3,566,236)
Income tax expense 46,501 5,900 76,822 156,910
Net loss $ (2,293,640) $ (2,852,258) $ (6,008,611) $ (3,723,146)
Net loss per share - basic (in dollars per share) $ (0.09) $ (0.11) $ (0.24) $ (0.15)
Net loss per share - diluted (in dollars per share) $ (0.09) $ (0.11) $ (0.24) $ (0.15)
Weighted average number of common stock outstanding - basic (in shares) 25,282,947 24,957,046 25,242,833 24,935,793
Weighted average number of common stock outstanding - diluted (in shares) 25,282,947 24,957,046 25,242,833 24,935,793