Accrued and Other Current Liabilities

3 Months Ended

Jul. 31, 2019

Payables and Accruals [Abstract]

Accrued and Other Current Liabilities

NOTE 10 - ACCRUED AND OTHER CURRENT LIABILITIES

Accrued and other current liabilities consist of the following:

	July 31, 2019		April 30, 2019
Deferred sales revenues	$	2,134,543	$	3,209,288
State and local taxes payable		1,812,188		1,913,638
Payroll		1,067,820		19,000
Lease liability, current portion		365,890		-
Accrued shipping and freight		368,346		226,695
Accrued interest payable		112,764		139,746
Other operational accruals		618,236		309,694
	$	6,479,787	$	5,818,061

Deferred sales revenues are comprised of product sales billed but not shipped, and performance obligations to be satisfied in the next twelve months in connection with customers’ right of return or in connection with product sold. Lease liability, current portion, represent obligations under leases that are payable in the next twelve months for office space, automobiles and office equipment. Please see Note 2 of the Condensed Notes to the Consolidated Financial Statements above.