Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.3
Note 3 – Discontinued Operations – Sale of Consumer Segment (Tables)
 3 Months Ended
Jul. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
                 
    Three months ended July 31,
   

2023

  

2022
Revenues   $ 1,869,219     $ 1,942,720  
                 
Cost of goods sold     1,385,116       1,667,213  
                 
Gross margin     484,103       275,507  
                 
Operating expenses                
Operations     209,980       161,783  
Research and development     46,249       82,806  
Sales and marketing     404,104       195,278  
General and administrative     43,606       55,161  
Total operating expenses     703,939       495,028  
Operating loss     (219,836 )     (219,521 )
                 
Other (income) expense                
Interest expense     22,856       —    
Other, net     (119 )     (124 )
Other (income) expense     22,737       (124 )
                 
Net loss from discontinued operations   $ (242,573 )   $ (219,397 )
[custom:ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresAssetsAndLiabilitiesTextBlock]
    July 31, 2023   April 30, 2023
Current assets                
Cash   $ 15,021     $ 86,656  
Accounts receivable, net     106,649       61,107  
Inventory     2,921,262       3,065,954  
Other     1,502,438       2,069,438  
Total current assets     4,545,370       5,283,155  
                 
Intangible assets, net     20,000       20,000  
Other     3,853       3,853  
Operating lease right-of-use assets     73,590       84,544  
Total long term assets     97,443       108,397  
                 
Current liabilities                
Accounts payable   $ 65,058     $ 606,872  
Accrued expenses     89,014       109,480  
Debt obligations - short term     237,814       —    
Customer deposits     28,079       244,688  
Operating lease liabilities     51,234       49,461  
Total current liabilities     471,199       1,010,501  
                 
Long term liabilities - Operating lease liabilities     28,290       41,814  
                 
Working capital   $ 4,074,171     $ 4,272,654