Quarterly report pursuant to Section 13 or 15(d)

Note 4 ??? Inventories

v3.22.2.2
Note 4 – Inventories
3 Months Ended
Jul. 31, 2022
Inventory Disclosure [Abstract]  
Note 4 – Inventories

Note 4 – Inventories

 

Inventories consisted of the following:

 

    July 31, 2022   April 30, 2022
Raw materials   $ 2,396,265     $ 2,831,713  
Work-in-process     524,811       173,112  
Finished goods     1,663,760       891,045  
Total   $ 4,584,836     $ 3,895,870  

 

Inventory purchase orders outstanding totaled approximately $31.9 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.