v3.25.2
Principal Financing Arrangements (Tables)
 12 Months Ended
Apr. 30, 2025
Principal Financing Arrangements  
Schedule of Debt

The following table summarizes components debt as of April 30, 2025 and 2024:

 

   April 30, 2025   April 30, 2024   Interest Rate 
             
Convertible promissory notes  $161,787   $—    12.0%
Note payable   101,650    —    8.0%
U.S. SBA loan   500,000    500,000    3.75%
U.S. SBA loan   1,885,800    1,885,800    1.0%
Loan payable – bank   34,324    34,324    10.5%
Total Debt   2,683,561    2,420,124      
Less: current portion of long-term debt   2,183,561    1,920,124      
Total long-term debt  $500,000   $500,000      
Schedule of Future Payments Under Debt Obligations

As of April 30, 2025, future payments under debt obligations over each of the next five years and thereafter were as follows:

 

Twelve months ended April 30:    
2025  $2,301,664 
2026   - 
2027   9,837 
2028   13,972 
2029   14,475 
Thereafter   461,716 
Minimum future payments of principal  $2,801,664