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LOANS PAYABLE (Tables)
3 Months Ended
Jul. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Debt
The following tables summarize outstanding loans payable related to automobiles as of July 31, 2017 and April 30, 2017, respectively:
 
 
 
 
 
 
 
 
Carrying Value
 
 
 
 
 
 
 
 
 
Stated
 
as of
 
Estimated Future Payment
 
 
 
Maturity Date
 
Interest Rate
 
July 31, 2017
 
Within 1 Year
 
After 1 year
 
0% automobile loan payable
 
May 2019 - June 2019
 
 
0.0
%
$
16,000
 
$
9,000
 
$
7,000
 
1% automobile loan payable
 
November 2022
 
 
1.0
%
 
22,000
 
 
5,000
 
 
17,000
 
3% automobile loan payable
 
November 2022
 
 
3.0
%
 
23,000
 
 
5,000
 
 
18,000
 
4% automobile loan payable
 
December 2016 - January 2020
 
 
4.0
%
 
21,000
 
 
8,000
 
 
13,000
 
5% automobile loan payable
 
January 2020 - February 2020
 
 
5.0
%
 
46,000
 
 
17,000
 
 
29,000
 
7% automobile loan payable
 
June 2019
 
 
7.0
%
 
22,000
 
 
5,000
 
 
17,000
 
8% automobile loan payable
 
October 2021
 
 
8.0
%
 
14,000
 
 
3,000
 
 
11,000
 
 
 
 
 
 
 
 
$
164,000
 
$
52,000
 
$
112,000
 
 
 
 
 
 
 
 
 
Carrying Value
 
 
 
 
 
 
 
 
 
Stated
 
as of
 
Estimated Future Payment
 
 
 
Maturity Date
 
Interest Rate
 
April 30, 2017
 
Within 1 Year
 
After 1 year
 
0% automobile loan payable
 
April 2018 - June 2019
 
 
0.0
%
$
18,000
 
$
9,000
 
$
9,000
 
1% automobile loan payable
 
November 2022
 
 
1.0
%
 
23,000
 
 
5,000
 
 
18,000
 
3% automobile loan payable
 
November 2022
 
 
3.0
%
 
24,000
 
 
5,000
 
 
19,000
 
4% automobile loan payable
 
December 2016 - January 2020
 
 
4.0
%
 
25,000
 
 
9,000
 
 
16,000
 
5% automobile loan payable
 
January 2020 - February 2020
 
 
5.0
%
 
50,000
 
 
17,000
 
 
33,000
 
7% automobile loan payable
 
June 2019
 
 
7.0
%
 
23,000
 
 
5,000
 
 
18,000
 
8% automobile loan payable
 
October 2021
 
 
8.0
%
 
15,000
 
 
3,000
 
 
12,000
 
 
 
 
 
 
 
 
$
178,000
 
$
53,000
 
$
125,000