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RIGHT-OF-USE ASSETS AND OPERATING AND FINANCE LEASE LIABILITIES (Tables)
3 Months Ended
Jul. 31, 2024
Leases [Abstract]  
Schedule of right-of- use assets

Right-of-use assets at July 31, 2024 and April 30, 2024 are summarized below:

 

   July 31, 2024   April 30, 2024 
Office lease  $1,360,712   $- 
Less accumulated amortization   (41,955)   - 
Right of use assets, net  $1,318,757   $- 
Schedule of operating lease liabilities

Operating Lease liabilities are summarized below:

 

   July 31, 2024   April 30, 2024 
Office lease  $1,318,757   $- 
Less: current portion   (178,666)   - 
Long term portion  $1,140,091   $- 
Schedule of Maturity of lease liabilities

Maturity of lease liabilities are as follows:

 

   July 31, 2024 
Year ending April 30, 2025   225,000 
Year ending April 30, 2026   300,000 
Year ending April 30, 2027   300,000 
Year ending April 30, 2028   300,000 
Year ending April 30, 2029   300,000 
Thereafter   300,000 
Total future minimum lease payments  $1,725,000 
Less imputed interest   (406,243)
PV of Payments  $1,318,757