XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Balance Sheets - USD ($)
Apr. 30, 2023
Apr. 30, 2022
Current Assets    
Cash and equivalents $ 2,569,766 $ 898,061
Accounts receivable 315,356
Accounts receivable - related parties 289,615 409,463
Inventories, net 2,978,986 2,320,359
Prepayments 1,547,243 727,654
Loan receivables 4,410,270
Other receivables and other current assets 550,836 272,052
Other receivable - related parties 33,995 20,000
Total Current Assets 8,285,797 9,057,859
Restricted cash - non-current 1,101 74,370
Property and equipment, net 671,463 552,395
Intangible assets 197,329 15,272
Security deposits 457,491 301,200
Investment in equity securities – related parties 203,440 203,440
Operating lease right-of-use assets, net 22,545,190 15,895,258
Goodwill 2,222,211
Total Assets 34,584,022 26,099,794
Current Liabilities    
Accounts payable 3,105,592 3,374,532
Accounts payable - related parties 465,310
Note payable 150,000
Current portion of loan payables 370,828 498,252
Accrued expenses and other payables 867,796 1,435,344
Contract liabilities 449,334 370,929
Other payables - related parties 241,585 354,555
Operating lease liabilities – current 1,761,182 1,065,852
Income taxes payable 961,034 443,150
Total Current Liabilities 8,372,661 7,542,614
Long-term loan payables 2,561,299 2,796,605
Other long-term payables 105,637 55,150
Operating lease liabilities - non-current 22,711,760 16,552,469
Deferred tax liability, net 40,408
Total Liabilities 33,791,765 26,946,838
Commitment and contingencies (Note 17)
Stockholders’ Equity (Deficit)    
Accumulated retained earnings (deficit) 522,710 (729,093)
Total Maison Solutions, Inc. Stockholders’’ Equity (Deficit) 524,310 (727,493)
Noncontrolling interests 267,947 (119,551)
Total Stockholders’ Equity (Deficit) 792,257 (847,044)
Total Liabilities and Stockholders’ Equity 34,584,022 26,099,794
Class A Common Stock    
Stockholders’ Equity (Deficit)    
Common stock, value 1,376 1,376
Class B Common Stock    
Stockholders’ Equity (Deficit)    
Common stock, value $ 224 $ 224