Inventories, Net

3 Months Ended

Jul. 31, 2023

Inventories, Net [Abstract]

Inventories, net

3. Inventories, net

A summary of inventories, net is as follows:

	July 31, 2023			April 30, 2023
Perishables	$	456,925		$	487,912
Non-perishables		2,453,637			2,533,824
Reserve for inventory shrinkage		(39,513	)		(42,750	)
Inventories, net	$	2,871,049		$	2,978,986

Movements of reserve for inventory shrinkage are as follows:

	Three Months Ended July 31, 2023			Three Months Ended July 31, 2022
Beginning balance	$	42,750		$	135,122
GF Supermarket of MP, Inc. inventory shrinkage reserve at July 1, 2022		—			37,684
Provision for (reversal of) inventory shrinkage reserve		(3,237	)		8,306
Ending Balance	$	39,513		$	181,112