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PROPERTY AND EQUIPMENT
 3 Months Ended
Jul. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 — PROPERTY AND EQUIPMENT

 

As of the dates presented, property and equipment consisted of the following:

 

   July 31, 2025   April 30, 2025 
Site costs  $203,320   $203,320 
Land   352,718    352,718 
Computer equipment   9,924    9,924 
Vehicle   39,493    39,493 
Total   605,455    605,455 
Less: accumulated depreciation   (182,016)   (173,580)
Total  $423,439   $431,875 

 

 

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JULY 31, 2025

 

For the three months ended July 31, 2025 and 2024, depreciation expense amounted to $8,436 and $8,131, respectively, and was included in general and administrative expenses as reflected in the accompanying unaudited condensed consolidated statements of operations.