XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Balance Sheets - USD ($)
Oct. 31, 2025
Apr. 30, 2025
CURRENT ASSETS    
Cash $ 1,365,377 $ 775,360
Accounts receivable 2,073,693 2,658,524
Inventories, net 6,121,836 5,324,268
Prepayments 2,852,157 2,423,684
Other receivables and other current assets 981,887 694,943
Total current assets 14,135,786 12,478,681
NON-CURRENT ASSETS    
Property and equipment, net 1,485,087 1,646,056
Intangible assets, net 7,140,262 7,419,812
Digital assets 2,037,096
Security deposits 856,008 856,008
Investment under cost method 75,000 75,000
Investment under equity method 848,493
Operating lease right-of-use assets, net 34,664,458 35,693,340
Goodwill 14,882,849 14,882,849
Total non-current assets 61,303,425 61,584,223
Assets from discontinued operations 3,299,985
TOTAL ASSETS 75,439,211 77,362,889
CURRENT LIABILITIES    
Bank overdraft 1,061,032 1,446,647
Accounts payable 8,004,136 7,986,255
Accrued expenses and other payables 1,807,365 1,708,304
Income tax payable 1,006,967 661,408
Contract liabilities 631,610 701,929
Operating lease liabilities, current 3,447,820 3,403,852
Loan payable, current 62,568 62,212
Note payable, current 4,887,094
Bank loan payable, current 1,692,480
Total current liabilities 18,325,098 21,906,898
NON-CURRENT LIABILITIES    
Long-term loan payable 2,529,319 2,553,838
Bank loan payable 3,277,511
Security deposit from sub-tenants 130,028 131,228
Operating lease liabilities, non-current 34,326,434 35,180,573
Notes payable, non-current 754,966
Convertible notes payable 1,848,567 584,199
Derivative liability 2,462,150 1,004,230
Deferred tax liability, net 1,068,339 1,183,914
Total non-current liabilities 45,642,348 41,392,948
Liabilities from discontinued operations 2,423,014
TOTAL LIABILITIES 63,967,446 65,722,860
Commitment and contingencies (Note 17)
STOCKHOLDER’S EQUITY    
Additional paid in capital 19,773,318 13,313,523
Accumulated deficit (8,157,498) (1,648,223)
Total Maison Solutions, Inc. stockholders’ equity 11,618,267 11,667,269
Noncontrolling interest (146,502) (27,240)
Total stockholders’ equity 11,471,765 11,640,029
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 75,439,211 77,362,889
Class A Common Stock    
STOCKHOLDER’S EQUITY    
Common stock, value 2,223 1,745
Class B Common Stock    
STOCKHOLDER’S EQUITY    
Common stock, value 224 224
Related Parties    
CURRENT ASSETS    
Accounts receivable - related parties 525,937 472,907
Other receivables - related parties 214,899 128,995
NON-CURRENT ASSETS    
Investment under cost method - related parties 162,665 162,665
CURRENT LIABILITIES    
Accounts payable - related parties 509,953 536,373
Other payables - related parties $ 101,167 $ 512,824