PREPAID EXPENSES AND OTHER CURRENT ASSETS |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PREPAID EXPENSES AND OTHER CURRENT ASSETS |
Prepaid expenses and other current assets are as follows:
On June 14, 2021, the Company purchased D&O insurance for 12 months in the amount of $855,000. Prepaid insurance at October 31, 2021 represents the unamortized portion of annual premium paid for this policy of $584,000. At October 31, 2021, prepaid consulting fees of $327,000 consisted of payments to Spartan Capital Securities, LLC (“Spartan Capital”). |
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- References No definition available.
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- Definition The entire disclosure for other current assets. No definition available.
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