CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Oct. 31, 2020 |
Oct. 31, 2019 |
Oct. 31, 2020 |
Oct. 31, 2019 |
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Income Statement [Abstract] | Ìý | Ìý | Ìý | Ìý |
Revenues | $ 16,971,045 | $ 12,085,965 | $ 32,136,607 | $ 22,443,947 |
Operating expenses: | Ìý | Ìý | Ìý | Ìý |
Cost of revenues (exclusive of depreciation and amortization shown separately below) | 7,324,780 | 4,188,056 | 13,172,303 | 8,541,114 |
General and administrative | 11,285,155 | 7,193,700 | 20,078,911 | 13,989,951 |
Bad debt expense | 632,000 | 407,759 | 1,032,000 | 648,658 |
Depreciation and amortization | 526,357 | 628,225 | 1,016,981 | 1,234,799 |
Total operating expenses | 19,768,292 | 12,417,740 | 35,300,195 | 24,414,522 |
Operating loss | (2,797,247) | (331,775) | (3,163,588) | (1,970,575) |
Other income (expense): | Ìý | Ìý | Ìý | Ìý |
Other (expense) income, net | (7,080) | 132,567 | (130,378) | 155,369 |
Interest expense | (1,529,668) | (428,960) | (1,985,125) | (852,649) |
Total other expense, net | (1,536,748) | (296,393) | (2,115,503) | (697,280) |
Loss before income taxes | (4,333,995) | (628,168) | (5,279,091) | (2,667,855) |
Income tax expense | 36,530 | 10,000 | 34,630 | 45,595 |
Net loss | $ (4,370,525) | $ (638,168) | $ (5,313,721) | $ (2,713,450) |
Net loss per share - basic and diluted (in dollars per share) | $ (0.19) | $ (0.03) | $ (0.23) | $ (0.14) |
Weighted average number of common stock outstanding - basic and diluted (in shares) | 22,791,503 | 18,985,371 | 22,763,235 | 18,859,344 |
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense (reversal of expense) for expected credit loss on accounts receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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