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Note 8 – Property and Equipment
12 Months Ended
Apr. 30, 2022
Property, Plant and Equipment [Abstract]  
Note 8 – Property and Equipment

Note 8 – Property and Equipment

 

Property and equipment consist of assets with an estimated useful life greater than one year. Property and equipment are reported net of accumulated depreciation, and the reported values are periodically assessed for impairment. Property and equipment as of April 30 was as follows:

 

   2022  2021
Equipment and other  $509,376   $   
Leasehold improvements   149,330       
Furniture and equipment   42,746       
Accumulated depreciation   (189,762)      
Net carrying value  $511,690   $   

  

Depreciation expense totaled $40,165 and $0 for the fiscal years ended April 30, 2022 and 2021, respectively.