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)
6 Months Ended
Oct. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
                                 
   

Three months ended

October 31,

 

Six months ended

October 31,

    2023   2022   2023   2022
Revenues   $ 1,056,932     $ 782,850     $ 2,926,151     $ 2,725,570  
                                 
Cost of goods sold     1,154,200       673,046       2,539,316       2,340,259  
                                 
Gross Margin     (97,268 )     109,804       386,835       385,311  
                                 
Operating Expenses                                
Operations     173,825       171,055       383,805       332,838  
Research and development     31,054       87,958       77,303       170,764  
Sales and marketing     287,413       168,013       691,517       363,291  
General and administrative     9,982       104,323       53,588       159,484  
Total operating expenses     502,274       531,349       1,206,213       1,026,377  
Operating loss     (599,542 )     (421,545 )     (819,378 )     (641,066 )
                                 
Other (income) expense                                
Interest expense                       22,856           
Other, net     (31 )     (8,050 )     (150 )     (8,174 )
Other (income) expense     (31 )     (8,050 )     22,706       (8,174 )
                                 
Net loss from discontinued operations   $ (599,511 )   $ (413,495 )   $ (842,084 )   $ (632,892 )
[custom:ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresAssetsAndLiabilitiesTextBlock]
    October 31, 2023   April 30, 2023
Current assets                
Cash   $ 6,310     $ 86,656  
Accounts receivable, net     44,431       61,107  
Inventory     2,599,022       3,065,954  
Other     1,503,999       2,069,438  
Total current assets     4,153,762       5,283,155  
                 
Intangible assets, net     20,000       20,000  
Other     3,853       3,853  
Operating lease right-of-use assets     62,280       84,544  
Total long term assets     86,133       108,397  
                 
Current liabilities                
Accounts payable   $ 64,777     $ 606,872  
Accrued expenses     96,838       109,480  
Debt obligations - short term     166,026           
Customer deposits     43,936       244,688  
Operating lease liabilities     53,060       49,461  
Total current liabilities     424,637       1,010,501  
                 
Long term liabilities - Operating lease liabilities     14,356       41,814  
                 
Working capital   $ 3,729,125     $ 4,272,654