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Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Income Statement [Abstract]    
Revenues $ 14,246,696 $ 8,453,669
Operating expenses    
Cost of revenues (exclusive of depreciation and amortization shown separately below) 5,061,222 3,587,028
General and administrative 9,087,740 6,403,708
Program review settlement expense 323,090
Depreciation and amortization 556,730 598,303
Total operating expenses 15,028,782 10,589,039
Operating loss (782,086) (2,135,370)
Other income (expense):    
Other income 14,336 9,985
Interest expense (337,510) (121,320)
Total other expense, net (323,174) (111,335)
Loss before income taxes (1,105,260) (2,246,705)
Income tax expense (benefit)
Net loss $ (1,105,260) $ (2,246,705)
Net loss per share allocable to common stockholders basic and diluted $ (0.10) $ (0.21)
Weighted average number of common shares outstanding: basic and diluted 11,558,112 10,703,733