Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.5.0.2
Property and Equipment (Tables)
 3 Months Ended
Jul. 31, 2016
Property, Plant and Equipment [Line Items]  
Schedule of Property and Equipment

 

 

July 31,

 

 

April 30,

 

 

 

2016

 

 

2016

 

Call center hardware

 

$

33,731

 

 

$

79,199

 

Computer and office equipment

 

 

73,674

 

 

 

67,773

 

Furniture and fixtures

 

 

155,453

 

 

 

114,964

 

Library (online)

 

 

—

 

 

 

—

 

Software

 

 

2,321,367

 

 

 

2,567,383

 

 

 

 

2,584,225

 

 

 

2,829,319

 

Accumulated depreciation and amortization

 

 

(1,391,623

)

 

 

(1,680,687

)

Property and equipment, net

 

$

1,192,602

 

 

$

1,148,632

 
Schedule of Depreciation and Amortization Expense

 

 

For the

 

 

 

Three Months Ended

July 31,

 

 

 

2016

 

 

2015

 

 

 

 

 

 

 

 

Depreciation and Amortization Expense

 

 

135,147

 

 

 

124,770

 

 

 

 

 

 

 

 

 

 

Software Amortization Expense

 

 

124,180

 

 

 

113,832

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

 

 

July 31,

 

 

April 30,

 

 

 

2016

 

 

2016

 

Software

 

$

2,321,367

 

 

$

2,567,383

 

Accumulated amortization

 

 

(1,316,780

)

 

 

(1,560,932

)

Software, net

 

$

1,004,587

 

 

$

1,006,451

 
Schedule of Estimated Future Amortization Expense

Year Ending April 30,

 

 

 

2017

 

$

296,166

 

2018

 

 

291,477

 

2019

 

 

208,304

 

2020

 

 

138,462

 

2021

 

 

70,178

 

Total

 

$

1,004,587