Quarterly report pursuant to Section 13 or 15(d)

Note 8 ??? Intangible Assets (Tables)

v3.24.1
Note 8 – Intangible Assets (Tables)
 9 Months Ended
Jan. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
                               
    January 31, 2024   April 30, 2023
    Gross Value   Accumulated Amortization   Net Value  

Gross

Value

   Accumulated Amortization   Net Value
Proprietary technology   $ 4,967,000     $ (1,468,897 )   $ 3,498,103     $ 4,967,000     $ (841,223 )   $ 4,125,777  
Non-compete agreements     81,000       (75,584 )     5,416       81,000       (56,667 )     24,333  
Customer relationships     39,000       (22,284 )     16,716       39,000       (18,106 )     20,894  
Total finite-lived assets     5,087,000       (1,566,765 )     3,520,235       5,087,000       (915,996 )     4,171,004  
Brand name     3,152,000       —         3,152,000       3,152,000       —         3,152,000  
Total indefinite-lived assets     3,152,000       —         3,152,000       3,152,000       —         3,152,000  
Total intangible assets, net   $ 8,239,000     $ (1,566,765 )   $ 6,672,235     $ 8,239,000     $ (915,996 )   $ 7,323,004  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Fiscal Year Ended:    
  2024     $ 216,036  
  2025       842,471  
  2026       815,271  
  2027       786,679  
  2028       644,833  
  Thereafter       214,945  
  Total     $ 3,520,235  
Schedule of Goodwill [Table Text Block]
  Date   Acquisition   Goodwill
  January 2020     Rotor Riot   $ 1,849,073  
  November 2020     Fat Shark     6,168,260  
  May 2021     Skypersonic     2,826,918  
  August 2021     Teal Drones     8,995,499  
  April 2023 - Impairment loss     Skypersonic     (2,826,918 )
  Balance at April 30, 2023 and January 31, 2024         $ 17,012,832