Income Tax (Details Narrative) - USD ($) |
12 Months Ended | 36 Months Ended | 48 Months Ended | |
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Apr. 30, 2018 |
Apr. 30, 2017 |
Apr. 30, 2018 |
Apr. 30, 2018 |
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Net operating loss carryforwards | $ 6,600,000 | $ 6,600,000 | $ 6,600,000 | |
Change in deferred tax assets and valuation allowance | $ 10,600,000 | |||
Income tax corporate percentage | 29.70% | 34.00% | ||
Adjustment in deferred tax assets and valuation of allowance | $ 2,100,000 | |||
Deferred income tax benefit | $ 438,145 | |||
Net operating loss carryforwards expire period | Dec. 31, 2034 | |||
Alternative Minimum Tax [Member] | ||||
Income tax description | Among other things, the Act reduced the U.S. federal corporate tax rate from 34 percent to 21 percent as of January 1, 2018 and eliminated the alternative minimum tax ("AMT") for corporations. | |||
Income tax corporate percentage | 21.00% | |||
Federal [Member] | ||||
Net operating loss carryforwards | $ 8,900,000 | 8,900,000 | 8,900,000 | |
Change in net operating loss carryforwards | 30,000,000 | $ 30,000,000 | 30,000,000 | |
Tax carryforwards, limitation description | Tax authorities under the normal three-year statute of limitations. | |||
Federal [Member] | Merger Transaction [Member] | ||||
Net operating loss carryforwards | 32,400,000 | $ 32,400,000 | 32,400,000 | |
State [Member] | ||||
Net operating loss carryforwards | 300,000 | 300,000 | 300,000 | |
Change in net operating loss carryforwards | 4,000,000 | 4,000,000 | $ 4,000,000 | |
Tax carryforwards, limitation description | Tax authorities under a four-year statute of limitations. | |||
State [Member] | Merger Transaction [Member] | ||||
Net operating loss carryforwards | $ 4,300,000 | $ 4,300,000 | $ 4,300,000 |
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- Definition Adjustment in deferred tax assets and valuation of allowance. No definition available.
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- Definition Change in net operating loss carryforwards. No definition available.
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- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A brief description of status of the tax examination, significant findings to date, and the entity's position with respect to the findings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to increase (decrease) in the valuation allowance for deferred tax assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Expiration date of each operating loss carryforward included in operating loss carryforward, in CCYY-MM-DD format. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the limitation related to use of the tax credit carryforward. No definition available.
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