Quarterly report pursuant to Section 13 or 15(d)

Contractual Obligations

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Contractual Obligations
3 Months Ended
Jul. 31, 2015
Leases [Abstract]  
Contractual Oblications

(9) Contractual Obligations

 

Future minimum lease payments under non-cancelable operating leases (with initial or remaining lease terms in excess of one year) as of April 30, 2015 are as follows:

 

    Non-Related     Related        
    Party     Party     Total  
Year ending April 30:                        
2016     169,000       90,000       259,000  
2017     82,000       90,000       172,000  
2018     84,000       90,000       174,000  
2019     85,000       45,000       130,000  
2020     86,000             86,000  
 Thereafter                        
Total   $ 506,000     $ 315,000     $ 821,000