Quarterly report pursuant to Section 13 or 15(d)

Note 4 ??? Inventories

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

Note 4 – Inventories

 

Inventories consisted of the following:

 

    October 31, 2022   April 30, 2022
Raw materials   $ 3,221,442     $ 2,831,713  
Work-in-process     291,870       173,112  
Finished goods     3,046,780       891,045  
Total   $ 6,560,092     $ 3,895,870  

  

Inventory purchase orders outstanding totaled approximately $29.3 million. The global supply chain for materials required to produce our drones continues to experience significant disruptions and delays. While we have increased our order lead times and quantities, we retain the right to cancel or modify these orders prior to their shipment.