Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Income Statement [Abstract]    
Revenue $ 76,694,366 $ 67,812,520
Operating expenses:    
Cost of revenues (exclusive of depreciation and amortization shown separately below) 35,259,281 29,453,733
General and administrative 45,535,001 41,908,030
Bad debt expense 1,500,000 2,268,540
Depreciation and amortization 3,370,407 2,426,365
Total operating expenses 85,664,689 76,056,668
Operating loss (8,970,323) (8,244,148)
Other income (expense):    
Interest expense (718,786) (2,051,381)
Other income (expense), net 530,728 (120,800)
Total other expense, net (188,058) (2,172,181)
Loss before income taxes (9,158,381) (10,416,329)
Income tax expense 427,400 32,644
Net loss $ (9,585,781) $ (10,448,973)
Net loss per share - basic (in dollars per share) $ (0.38) $ (0.44)
Net loss per share - diluted (in dollars per share) $ (0.38) $ (0.44)
Weighted average number of common shares outstanding - basic (in shares) 25,016,437 23,757,656
Weighted average number of common shares outstanding - diluted (in shares) 25,016,437 23,757,656