Quarterly report pursuant to Section 13 or 15(d)

Note 3 ??? Discontinued Operations ??? Sale of Consumer Segment (Tables)

v3.24.1
Note 3 – Discontinued Operations – Sale of Consumer Segment (Tables)
9 Months Ended
Jan. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
                                 
   

Three months ended

January 31,

 

Nine months ended

January 31,

    2024   2023   2024   2023
Revenues   $ 1,100,943     $ 1,438,961     $ 4,027,094     $ 4,164,531  
                                 
Cost of goods sold     1,745,771       1,239,420       4,285,087       3,579,679  
                                 
Gross Margin     (644,828 )     199,541       (257,993 )     584,852  
                                 
Operating Expenses                                
Operations     288,059       151,502       671,864       484,340  
Research and development     36,379       80,270       113,682       251,034  
Sales and marketing     286,918       192,625       978,435       555,916  
General and administrative     43,024       116,837       96,612       276,321  
Total operating expenses     654,380       541,234       1,860,593       1,567,611  
Operating loss     (1,299,208 )     (341,693 )     (2,118,586 )     (982,759 )
                                 
Other (income) expense                                
Interest expense                       22,856           
Other, net     (3 )     (11,614 )     (153 )     (19,788 )
Other (income) expense     (3 )     (11,614 )     22,703       (19,788 )
                                 
Net loss from discontinued operations   $ (1,299,205 )   $ (330,079 )   $ (2,141,289 )   $ (962,971 )
[custom:ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresAssetsAndLiabilitiesTextBlock]
    January 31, 2024   April 30, 2023
Current assets                
Cash   $ 126,771     $ 86,656  
Accounts receivable, net     1,760       61,107  
Inventory     1,545,667       3,065,954  
Other     1,586,938       2,069,438  
Total current assets     3,261,136       5,283,155  
                 
Intangible assets, net     20,000       20,000  
Other     59,426       3,853  
Operating lease right-of-use assets     376,751       84,544  
Total long term assets     456,177       108,397  
                 
Current liabilities                
Accounts payable   $ 156,421     $ 606,872  
Accrued expenses     116,812       109,480  
Debt obligations - short term     98,441           
Customer deposits     45,791       244,688  
Operating lease liabilities     56,974       49,461  
Total current liabilities     474,439       1,010,501  
                 
Long term liabilities - Operating lease liabilities     321,771       41,814  
                 
Working capital   $ 2,786,697     $ 4,272,654