XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Balance Sheets - USD ($)
Jul. 31, 2023
Apr. 30, 2023
Current Assets    
Cash and equivalents $ 1,612,081 $ 2,569,766
Accounts receivable 392,330 315,356
Accounts receivable - related parties 255,073 289,615
Inventories, net 2,871,049 2,978,986
Prepayments 1,083,820 1,547,243
Other receivables and other current assets 455,403 550,836
Other receivable - related parties 33,995 33,995
Total Current Assets 6,703,751 8,285,797
Restricted cash - non-current 1,101 1,101
Property and equipment, net 620,561 671,463
Intangible assets 193,804 197,329
Security deposits 457,491 457,491
Investment under cost method – related parties 203,440 203,440
Investment under equity method 1,411,544
Operating lease right-of-use assets, net 22,036,537 22,545,190
Goodwill 2,222,211 2,222,211
Total Assets 33,850,440 34,584,022
Current Liabilities    
Accounts payable 2,950,695 3,105,592
Accounts payable - related parties 469,782 465,310
Note payable 150,000 150,000
Current portion of loan payables 285,489 370,828
Accrued expenses and other payables 809,001 867,796
Contract liabilities 370,836 449,334
Other payables - related parties 241,585 241,585
Operating lease liabilities - current 1,780,559 1,761,182
Income taxes payable 1,081,699 961,034
Total Current Liabilities 8,139,646 8,372,661
Long-term loan payables 2,545,221 2,561,299
Other long-term payables 110,114 105,637
Operating lease liabilities - non-current 22,251,277 22,711,760
Deferred tax liability, net 38,649 40,408
Total Liabilities 33,084,907 33,791,765
Commitment and contingencies (Note 18)
Stockholders’ Equity (Deficit)    
Accumulated retained earnings 417,771 522,710
Total Maison Solutions, Inc. Stockholders’ Equity 419,371 524,310
Noncontrolling interests 346,162 267,947
Total Stockholders’ Equity 765,533 792,257
Total Liabilities and Stockholders’ Equity 33,850,440 34,584,022
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