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Note 4 – Inventories

6 Months Ended

Oct. 31, 2022

Inventory Disclosure [Abstract]

Note 4 – Inventories

Note 4 – Inventories

Inventories consisted of the following:

		October 31, 2022				April 30, 2022
Raw materials		$	3,221,442			$	2,831,713
Work-in-process			291,870				173,112
Finished goods			3,046,780				891,045
Total		$	6,560,092			$	3,895,870

Inventory purchase orders outstanding totaled approximately $29.3 million. The global supply chain for materials required to produce our drones continues to experience significant disruptions and delays. While we have increased our order lead times and quantities, we retain the right to cancel or modify these orders prior to their shipment.

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- References

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI https://asc.fasb.org/topic&trid=2126998

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