Quarterly report pursuant to Section 13 or 15(d)

Note 7 ??? Intangible Assets (Tables)

v3.22.2.2
Note 7 – Intangible Assets (Tables)
 3 Months Ended
Jul. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
                                         
        July 31, 2022   April 30, 2022
    Gross Value   Accumulated Amortization   Net Value   Accumulated Amortization   Net Value
Proprietary technology   $ 1,098,000       (267,284 )   $ 830,716     $ (219,267 )   $ 878,733  
Non-compete agreements     81,000       (36,417 )     44,583       (29,667 )     51,333  
Customer relationships     39,000       (13,928 )     25,072       (12,535 )     26,465  
Total finite-lived assets     1,218,000       (317,629 )     900,371       (261,469 )     956,531  
Brand name     1,722,000       —         1,722,000       —         1,722,000  
Trademark     20,000       —         20,000       —         20,000  
Total indefinite-lived assets     1,742,000       —         1,742,000       —         1,742,000  
Total intangible assets, net   $ 2,960,000       (317,629 )   $ 2,642,371     $ (261,469 )   $ 2,698,531  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Fiscal Year Ended:    
  2023     $ 168,478  
  2024       221,972  
  2025       197,638  
  2026       170,438  
  2027       141,845  
  Total     $ 900,371  
Schedule of Goodwill [Table Text Block]
  Date   Acquisition   Goodwill
  January 2020     Rotor Riot   $ 1,849,073  
  November 2020     Fat Shark     6,168,260  
  Balance at April 30, 2021           8,017,333  
  May 2021     Skypersonic     2,826,918  
  August 2021     Teal Drones     14,294,499  
  Balance at April 30, 2022 and July 31, 2022         $ 25,138,750