Annual report pursuant to Section 13 and 15(d)

Note 4 ??? Inventories

v3.22.2
Note 4 – Inventories
12 Months Ended
Apr. 30, 2022
Inventory Disclosure [Abstract]  
Note 4 – Inventories

Note 4 – Inventories

 

Inventories consisted of the following at April 30,

 

    2022   2021
Raw materials   $ 2,831,713     $     
Work-in-process     173,112           
Finished goods     891,045       362,072  
Total   $ 3,895,870     $ 362,072  

 

Inventory purchase orders outstanding totaled approximately $11 million. The global supply chain for materials required to produce our drones is presently experiencing significant disruptions and delays. While we have increased our order lead times, we retain the right to cancel or modify these orders prior to their shipment.