Quarterly report pursuant to Section 13 or 15(d)

Note 4 ??? Inventories

v3.22.4
Note 4 – Inventories
 9 Months Ended
Jan. 31, 2023
Inventory Disclosure [Abstract]  
Note 4 – Inventories

Note 4 – Inventories

 

Inventories consisted of the following:

 

    January 31, 2023   April 30, 2022
Raw materials   $ 5,608,584     $ 2,831,713  
Work-in-process     192,166       173,112  
Finished goods     3,493,503       891,045  
Total   $ 9,294,253     $ 3,895,870  

  

Inventory purchase orders outstanding totaled approximately $26 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.