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Leases (Tables)
12 Months Ended
Apr. 30, 2021
Leases [Abstract]  
Schedule of Balance Sheet Information ROU assets are summarized below:
April 30,
20212020
ROU assets - Operating facility leases$14,308,296 $8,998,825 
Less: accumulated reduction(1,593,433)(2,585,974)
Total ROU assets$12,714,863 $6,412,851 

Operating lease obligations, related to the ROU assets are summarized below:
April 30,
20212020
Total lease liabilities19,946,229 $8,324,323 
Reduction of lease liabilities(1,617,600)(955,736)
Total operating lease obligations$18,328,629 $7,368,587 
Balance Sheet ClassificationApril 30, 2021
Operating lease obligations, current portion$2,029,821 
Operating lease obligations, less current portion16,298,808 
Total operating lease obligations$18,328,629 

Other InformationApril 30, 2021
Weighted average remaining lease term (in years)7.46
Weighted average discount rate12 %
Future Minimum Payments Under Operating Leases
The following is a schedule by fiscal years of future minimum lease payments required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of April 30, 2021 (a) (by fiscal year).
Maturity of Lease ObligationsLease Payments
2022$3,995,304 
20233,647,737 
20243,469,573 
20253,332,672 
20263,383,530 
Thereafter10,417,592 
Total future minimum lease payments28,246,408 
   Less: imputed interest(9,917,779)
Present value of operating lease obligations$18,328,629 
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(a) Lease payments exclude $3.2 million of legally binding minimum lease payments for the new BSN Pre-Licensure campus location in Nashville, Tennessee lease signed but not yet commenced.