Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.10.0.1
Property and Equipment (Tables)
12 Months Ended
Apr. 30, 2018
Property, Plant and Equipment [Line Items]  
Schedule of Property and Equipment

Property and equipment consisted of the following at April 30, 2018 and April 30, 2017:


 

 

April 30,

 

 

April 30,

 

 

 

2018

 

 

2017

 

Call center hardware

 

$

140,509

 

 

$

53,748

 

Computer and office equipment

 

 

230,810

 

 

 

103,649

 

Furniture and fixtures

 

 

932,454

 

 

 

255,984

 

Software

 

 

2,878,753

 

 

 

2,131,344

 

 

 

 

4,182,526

 

 

 

2,544,725

 

Accumulated depreciation and amortization

 

 

(1,320,360

)

 

 

(1,090,010

)

Property and equipment, net

 

$

2,862,166

 

 

$

1,454,715

 

Schedule of Depreciation and Amortization Expense

Depreciation and Amortization expense for all Property and Equipment as well as the portion for just software is presented below for the years ended April 30, 2018 and 2017:


 

 

 

 

 

For the

 

 

 

 

 

 

Years Ended

April 30,

 

 

 

 

 

 

 

 

 

2018

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization Expense

 

 

 

 

 

 

 

 

 

$

578,244

 

 

$

498,476

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software amortization Expense

 

 

 

 

 

 

 

 

 

$

475,178

 

 

$

447,972

 

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

Software consisted of the following at April 30, 2018 and April 30, 2017:


 

 

April 30,

 

 

April 30,

 

 

 

2018

 

 

2017

 

Software

 

$

2,878,753

 

 

$

2,131,344

 

Accumulated amortization

 

 

(1,146,008

)

 

 

(994,017

)

Software, net

 

$

1,732,745

 

 

$

1,137,327

 

Schedule of Estimated Future Amortization Expense

The following is a schedule of estimated future amortization expense of software at April 30, 2018:


Year Ending April 30,

 

 

 

2019

 

$

513,729

 

2020

 

 

443,886

 

2021

 

 

371,439

 

2022

 

 

281,966

 

2023

 

 

121,725

 

Total

 

$

1,732,745