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INTANGIBLE ASSETS (Tables)
 6 Months Ended 12 Months Ended
Oct. 31, 2023
Apr. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]    
SCHEDULE OF INTANGIBLE ASSETS

Intangible assets reflect only those intangible assets of our continuing operations, and consist of the following:

   (in years)   Carrying Value   Amortization   Loss   Value 
   Weighted     
   Average Period   October 31, 2023 
   Amortization (in years)  

Carrying

Value

  

Accumulated

Amortization

  

Impairment

Loss

  

Net Carrying

Value

 
Tradenames and patents   15.26   $385,582   $24,031   $360,551   $              1,000 
Customer relationships   9.92    3,930,000    50,038    3,879,962    - 
Internally developed software   4.91    580,000    79,608    500,392    - 
Total intangible assets       $4,895,582   $153,677   $4,740,905   $1,000 

 

 

   (in years)   Carrying Value   Accumulated Amortization   Impairment Loss   Net Carrying Value 
   Weighted     
   Average Period   April 30, 2023 
   Amortization (in years)  

Carrying

Value

  

Accumulated

Amortization

  

Impairment

Loss

  

Net Carrying

Value

 
Tradenames and patents   15.26   $385,582   $24,031    260,270   $          101,281 
Customer relationships   9.92    3,930,000    50,038    3,879,962    - 
Internally developed software   4.91    580,000    79,608    500,392    - 
Total intangible assets       $4,895,582   $153,677   $4,640,624   $101,281 

Intangible assets reflect only those intangible assets of our continuing operations, and consist of the following:

 

   Amortization (in years)   Carrying Value   Accumulated Amortization   Impairment Loss   Net Carrying Value 
   Weighted     
   Average Period   April 30, 2023 
   Amortization (in years)   Carrying Value   Accumulated Amortization   Impairment Loss   Net Carrying Value 
Tradenames and patents   15.26   $385,582   $24,031    260,270   $101,281 
Customer relationships   9.92    3,930,000    50,038    3,879,962    - 
Internally developed software   4.91    580,000    79,608    500,392    - 
Total intangible assets       $4,895,582   $153,677   $4,640,624   $101,281 

 

 

   Amortization (in years)   Carrying Value   Accumulated Amortization   Impairment Loss   Net Carrying Value 
   Weighted     
   Average Period   April 30, 2022 
   Amortization (in years)   Carrying Value   Accumulated Amortization   Impairment Loss   Net Carrying Value 
Tradenames   15.26   $385,582   $9,478               -   $376,104 
Customer relationships   9.92    3,930,000    33,749    -    3,896,251 
Internally developed software   4.91    580,000    9,499    -    570,501 
Total intangible assets       $4,895,582   $52,726   $-   $4,842,856 
SCHEDULE OF ESTIMATED FUTURE AMORTIZATION  

As of April 30, 2023, the estimated future amortization expense associated with the Company’s intangible assets for each of the five succeeding fiscal years is as follows:

 

For the Periods Ended April 30,   Amortization Expense 
2024   $5,780 
2025    5,780 
2026    5,780 
2027    5,780 
2028    5,780 
Thereafter    72,381 
Total   $101,281