| Property and Equipment |
Note 3. Property and Equipment
Property and equipment consisted of the following at July 31, 2017 and April 30, 2017:
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July 31,
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April 30,
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2017
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2017
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Call center hardware
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$
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77,269
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|
$
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53,748
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|
Computer and office equipment
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103,191
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103,649
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Furniture and fixtures
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272,790
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255,984
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Software
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2,198,473
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2,131,344
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2,651,723
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2,544,725
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Accumulated depreciation and amortization
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(1,060,681
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)
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(1,090,010
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)
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Property and equipment, net
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$
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1,591,042
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$
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1,454,715
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Software consisted of the following at July 31, 2017 and April 30, 2017:
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July 31,
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April 30,
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2017
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2017
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Software
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$
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2,198,473
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$
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2,131,344
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Accumulated amortization
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(953,218
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)
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(994,017
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)
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Software, net
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$
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1,245,255
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$
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1,137,327
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Depreciation and Amortization expense for all Property and Equipment as well as the portion for just software is presented below for three months ended July 31, 2017 and 2016:
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For the Three Months Ended
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July 31,
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2017
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2016
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Depreciation and Amortization Expense
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125,082
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135,147
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Software Amortization Expense
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107,607
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124,180
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|
The following is a schedule of estimated future amortization expense of software at July 31, 2017:
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Year Ending April 30,
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2018
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$
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311,020
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2019
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342,717
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2020
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272,875
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2021
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200,428
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2022
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118,215
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Total
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$
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1,245,255
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