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Note 8 – Property and Equipment
6 Months Ended
Oct. 31, 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 and are reported net of accumulated depreciation. The reported values are periodically assessed for impairment, and were as follows:

 

   October 31, 2022  April 30, 2022
Equipment and related  $1,003,488   $509,376 
Leasehold improvements   930,986    149,330 
Furniture and fixtures   54,254    42,746 
Accumulated depreciation   (287,907)   (189,762)
Net carrying value  $1,700,821   $511,690 

  

Depreciation expense totaled $91,804 and $5,455 for the six months ended October 31, 2022 and 2021, respectively.