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Note 9 – Property and Equipment
9 Months Ended
Jan. 31, 2024
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:

 

   January 31, 2024  April 30, 2023
Equipment and related  $1,471,096   $1,386,373 
Leasehold improvements   1,548,609    1,473,890 
Furniture and fixtures   157,842    132,752 
Accumulated depreciation   (699,946)   (342,657)
Net carrying value  $2,477,601   $2,650,358 

 

Depreciation expense totaled $357,289 and $169,748 for the nine months ended January 31, 2024 and 2023, respectively.