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Annual report pursuant to Section 13 and 15(d)

Accounts Receivable

v3.19.2
Accounts Receivable
12 Months Ended
Apr. 30, 2019
Receivables [Abstract] Ìý
Accounts Receivable

Note 3. Accounts Receivable


Accounts receivable consisted of the following at April 30, 2019 and 2018:


Ìý

Ìý

Ìý

April 30,

Ìý

Ìý

Ìý

Ìý

2019

Ìý

Ìý

2018

Ìý

Ìý

Ìý

ÌýÌý

Ìý

Ìý

Ìý

Ìý

ÌýÌýÌý

Accounts receivable

Ìý

Ìý

$

14,988,744

Ìý

Ìý

$

8,585,947

Ìý

Long term contractual accounts receivable

Ìý

Ìý

Ìý

(3,085,243

)

Ìý

Ìý

(1,315,050

)

Less: Allowance for doubtful accounts

Ìý

Ìý

Ìý

(1,247,031

)

Ìý

Ìý

(468,174

)

Accounts receivable, net

Ìý

Ìý

$

10,656,470

Ìý

Ìý

$

6,802,723

Ìý


Bad debt expense for the years ended April 30, 2019 and 2018, were $854,008 and $535,366 respectively.