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Note 9 – Property and Equipment
 3 Months Ended
Jul. 31, 2023
Property, Plant and Equipment [Abstract]  
Note 9 – Property and Equipment

Note 9 – 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:

 

   July 31, 2023  April 30, 2023
Equipment and related  $1,340,237   $1,386,373 
Leasehold improvements   1,517,199    1,473,890 
Furniture and fixtures   132,752    132,752 
Accumulated depreciation   (435,777)   (342,657)
Net carrying value  $2,554,411   $2,650,358 

 

Depreciation expense totaled $101,001 and $28,272 for the three months ended July 31, 2023 and 2022, respectively.