Note 9 – Operating Leases |
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Note 9 – Operating Leases |
Note 9 – Operating Leases
The Company has operating type leases for real estate. As of April 30, 2022, the Company had no finance type leases. The Company’s leases have remaining lease terms of up to 5.08 years, some of which may include options to extend the leases for up to 5 years. Operating lease expense totaled $254,906 for the year ended April 30, 2022 , including period cost for short-term, cancellable and variable leases, not included in lease liabilities, of $41,250 for the year ended April 30, 2022.
Supplemental information related to operating leases is as follows:
Future lease payment obligations at April 30, 2022 were as follows:
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