好色TV. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

6 Months Ended

Oct. 31, 2014

Property, Plant and Equipment [Line Items]

Property and equipment consisted of the following at October 31, 2014 and April 30, 2014:


	October 31,		April 30,
	2014		2014
Call center equipment		132,109	$	122,653
Computer and office equipment		69,780		66,118
Furniture and fixtures		36,446		36,446
Library (online)		100,000		100,000
Software		2,061,563		1,894,215
		2,399,898		2,219,432
Accumulated depreciation and amortization		(1,153,943)		(938,703)
Property and equipment, net	$	1,245,955	$	1,280,729

Software [Member]

Property, Plant and Equipment [Line Items]

Schedule of Intangible Asset

Software consisted of the following at October 31, 2014 and April 30, 2014:


	October 31,		April 30,
	2014		2014
Software	$	2,061,563	$	1,894,215
Accumulated amortization		(917,024)		(720,823)
Software, net	$	1,144,539	$	1,173,392

Schedule of Depreciation and Amortization Expense

Amortization expense for all Property and Equipment as well as the portion for just software is presented for the three and six months ended October 31, 2014 and 2013:

	For the				For the
	Three Months Ended				Six Months Ended
	October 31,				October 31,
	2014		2013		2014		2013

Depreciation and Amortization Expense	$	109,845	$	92,190	$	215,240	$	170,884

Software Amortization Expense		100,224		82,729		196,201		154,648

Schedule of Estimated Future Amortization Expense

The following is a schedule of estimated future amortization expense of software at October 31, 2014:


Year Ending April 30,
2015	$	206,156
2016		411,467
2017		288,735
2018		155,700
2019		82,481
Total	$	1,144,539