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Nature of Operations and Liquidity (Schedule of Discontinued Operations) (Details) (USD $)
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3 Months Ended | 6 Months Ended | |||
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Oct. 31, 2013
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Oct. 31, 2012
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Oct. 31, 2013
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Oct. 31, 2012
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Apr. 30, 2013
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| Discontinued Operations | |||||
| Revenues | $ 326,500 | $ 428,146 | $ 549,125 | $ 1,087,936 | |
| Instructional costs and services | 293,850 | 378,013 | 494,212 | 947,760 | |
| General and administrative | 65,000 | 65,000 | |||
| Total costs and expenses | 293,850 | 443,013 | 494,212 | 1,012,760 | |
| Income (loss) from discontinued operations, net of income taxes | 32,650 | (14,867) | 54,913 | 75,176 | |
| Assets | |||||
| Cash and cash equivalents | |||||
| Accounts receivable, net of allowance of $295,045 and $295,045, respectively | 215,316 | 215,316 | 113,822 | ||
| Other current assets | |||||
| Net assets from discontinued operations | 215,316 | 215,316 | 113,822 | ||
| Liabilities | |||||
| Accounts payable | 1,178 | 1,178 | 1,178 | ||
| Accrued expenses | 318,564 | 318,564 | 70,201 | ||
| Deferred revenue | 53,125 | ||||
| Net liabilities from discontinued operations | $ 319,742 | $ 319,742 | $ 124,504 | ||
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- Definition
The aggregate value (measured at the lower of net carrying value or fair value less cost of disposal) for current assets (assets with expected useful life shorter than one year or one operating cycle, whichever is longer) of a disposal group, including a component of the entity (discontinued operation), to be sold or that has subsequently been disposed of through sale, as of the financial statement date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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- Definition
For the disposal group, including a component of the entity (discontinued operation), the aggregate of amounts due from customers or clients for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of accounts payable attributable to disposal group, due within one year or within the normal operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of accrued liabilities attributable to disposal group, due within one year or within the normal operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For the disposal group, including a component of the entity (discontinued operation), cash includes currency on hand as well as demand deposits with banks or financial institutions. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred revenue attributable to disposal group, expected to be recognized within one year or within the normal operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of general and administrative expense attributable to disposal group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of operating expenses attributable to the disposal group, including a component of the entity (discontinued operation), during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For the disposal group, including a component of the entity (discontinued operation), carrying amount of assets not otherwise specified in the taxonomy that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of other expense attributable to disposal group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of sales or other form of revenues attributable to the disposal group, including a component of the entity (discontinued operation), during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Carrying value as of the balance sheet date of current obligations (due less than one year or one operating cycle, if longer) arising from the sale, disposal or planned sale in the near future (generally within one year) of a disposal group, including a component of the entity (discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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