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Note 8 – Property and Equipment
 12 Months Ended
Apr. 30, 2023
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 as of April 30: 

 

   2023  2022
Equipment and other  $1,386,373   $509,376 
Leasehold improvements   1,473,890    149,330 
Furniture and equipment   132,752    42,746 
Accumulated depreciation   (342,657)   (189,762)
Net carrying value  $2,650,358   $511,690 

  

Depreciation expense totaled $311,545 and $40,165 for the fiscal years ended April 30, 2023 and 2022, respectively.