Quarterly report pursuant to Section 13 or 15(d)

DISCONTINUED OPERATIONS (Details)

v3.3.1.900
DISCONTINUED OPERATIONS (Details) - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Oct. 31, 2015
Oct. 31, 2014
Revenue $ 0 $ 2,503,401 $ 839,969 $ 6,479,902
Costs and expenses:        
Cost of revenue 0 1,938,879 546,296 4,782,465
Selling, general and administrative expenses 0 1,183,750 111,324 2,202,199
Depreciation and amortization 0 358,461 80,971 834,707
Impairment loss on capitalized software 0 827,448 0 827,448
Disposal Group, Including Discontinued Operation, Operating Expense 0 4,308,538 738,591 8,646,819
Operating (loss) income from discontinued operations 0 (1,805,137) 101,378 (2,166,917)
Interest expense 0 (67,377) (49,234) (134,296)
(Loss) income from discontinued operations before income tax provision 0 (1,872,514) 52,144 (2,301,213)
Income tax provision 0 (14,870) (10,883) (24,285)
(Loss) income from discontinued operations, net of tax 0 (1,887,384) 41,261 (2,325,498)
Gain (loss) from disposal 837,720 0 837,720 798,896
Total income (loss) from discontinued operations $ 837,720 $ (1,887,384) $ 878,981 $ (1,526,602)