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Note 7 – Intangible Assets

6 Months Ended

Oct. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Note 7 – Intangible Assets

Note 7 – Intangible Assets

Intangible assets relate to acquisitions completed by the Company, including those described in Note 1, and were as follows:


		October 31, 2024												April 30, 2024
		Gross Value				Accumulated Amortization				Net Value				Gross Value				Accumulated Amortization				Net Value
Proprietary technology		$	4,282,001			$	(2,272,270	)		$	2,009,731			$	4,282,001			$	(1,917,612	)		$	2,364,389
Non-compete agreements			65,000				(65,000	)			—				65,000				(65,000	)			—
Total finite-lived assets			4,347,001				(2,337,270	)			2,009,731				4,347,001				(1,982,612	)			2,364,389
Brand name			1,430,000				—				1,430,000				1,430,000				—				1,430,000
Total indefinite-lived assets			1,430,000				—				1,430,000				1,430,000				—				1,430,000
Total intangible assets, net		$	5,777,001			$	(2,337,270	)		$	3,439,731			$	5,777,001			$	(1,982,612	)		$	3,794,389

Proprietary technology and non-compete agreements are being amortized over six years and three years, respectively. Goodwill and Brand name are not amortized but evaluated for impairment on a quarterly basis.