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Note 10 – Property and Equipment
12 Months Ended
Apr. 30, 2024
Property, Plant and Equipment [Abstract]  
Note 10 – Property and Equipment

Note 10 – 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:

 

   April 30, 2024  April 30, 2023
Equipment and related  $1,540,888   $1,386,373 
Leasehold improvements   1,547,976    1,473,890 
Furniture and fixtures   163,290    132,752 
Accumulated depreciation   (911,470)   (342,657)
Net carrying value  $2,340,684   $2,650,358 

 

Depreciation expense totaled $568,813 and $311,545 for the years ended April 30, 2024 and 2023, respectively.