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Note 20 - Related-Party Transactions
12 Months Ended
Apr. 30, 2024
Related Party Transactions [Abstract]  
Note 20 - Related-Party Transactions

Note 20 - Related-Party Transactions

 

In January 2022, the Company entered into a note agreement with an employee in the principal amount of $510,323, as further described in Note 7.

 

In February 2024, the Company sold Rotor Riot and Fat Shark to Unusual Machines, as further described in Note 3 and Note 9. UMAC’s Chief Executive Officer is a direct relative of a member of the Company’s management.

 

Additional related party transactions are disclosed in Note 14.