Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v2.4.0.8
Intangible Assets and Goodwill (Tables)
3 Months Ended
Jan. 31, 2014
Intangible Assets And Goodwill Tables  
The components of finite-lived intangible assets acquired
    Weighted        
    Average   January 31,   April 30,
    Life   2014   2013
Trade names     5 Years     $ 733,000     $ 733,000  
Customer relationships     2 Years       758,000       758,000  
Non-compete agreement     4 Years       68,000       68,000  
Total gross carrying amount             1,559,000       1,559,000  
                         
Less accumulated amortization expense             1,548,434       1,426,034  
Net intangible assets           $ 10,566     $ 132,966