Quarterly report pursuant to Section 13 or 15(d)

Note 7 ??? Intangible Assets (Tables)

v3.22.2.2
Note 7 – Intangible Assets (Tables)
 6 Months Ended
Oct. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
                               
    October 31, 2022   April 30, 2022
    Gross Value   Accumulated Amortization   Net Value  

Gross

Value

   Accumulated Amortization   Net Value
Proprietary technology   $ 4,967,000       (422,773 )   $ 4,544,227     $ 1,098,000     $ (219,267 )   $ 878,733  
Non-compete agreements     81,000       (43,166 )     37,834       81,000       (29,667 )     51,333  
Customer relationships     39,000       (15,320 )     23,680       39,000       (12,535 )     26,465  
Total finite-lived assets     5,087,000       (481,259 )     4,605,741       1,218,000       (261,469 )     956,531  
Brand name     3,152,000       —         3,152,000       1,722,000       —         1,722,000  
Trademark     20,000       —         20,000       20,000       —         20,000  
Total indefinite-lived assets     3,172,000       —         3,172,000       1,742,000       —         1,742,000  
Total intangible assets, net   $ 8,259,000     $ (481,259 )   $ 7,777,741     $ 2,960,000     $ (261,469 )   $ 2,698,531  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Fiscal Year Ended:    
  2023     $ 434,738  
  2024       866,805  
  2025       842,471  
  2026       815,271  
  2027       786,679  
  Thereafter       859,777  
  Total     $ 4,605,741  
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     8,995,499  
  Balance at April 30, 2022 and October 31, 2022         $ 19,839,750