Income Taxes (Tables)

6 Months Ended

Oct. 31, 2025

Income Taxes [Abstract]

Schedule of Provision for Income Taxes Provisions

The provision for income taxes provisions consisted of the following components:

	Three Months ended October 31, 2025			Three Months ended October 31, 2024
Current:
Federal income tax expense (benefit)	$	(103,835	)	$	460,550
State income tax expense		47,197			124,041
Deferred:
Federal income tax benefit		(29,456	)		(19,175	)
State income tax benefit		(2,582	)		(4,431	)
Total	$	(88,676	)	$	560,985

	Six Months ended October 31, 2025			Six Months ended October 31, 2024
Current:
Federal income tax expense	$	214,535		$	963,661
State income tax expense		132,906			267,168
Deferred:
Federal income tax benefit		(110,149	)		(33,736	)
State income tax benefit		(5,425	)		(7,328	)
Total	$	231,867		$	1,189,765

Schedule of Federal Statutory Rate on Income (Loss) Before Income Taxes

The following is a reconciliation of the difference between the actual (benefit) provision for income taxes and the (benefit) provision computed by applying the federal statutory rate on income (loss) before income taxes:

	Three Months ended October 31, 2025			Three Months ended October 31, 2024
Federal statutory rate expense (benefit)		(1,113,336	)		104,754
State statutory rate, net of effect of state income tax deductible to federal income tax		(380,340	)		(13,445	)
Permanent difference – penalties, interest, and others		10,584			21,719
Change in valuation allowance *		1,394,416			447,957
Tax expense (benefit) per financial statements		(88,676	)		560,985

* excludes the amount of Maison El Monte due to discontinued operation presentation

	Six Months ended October 31, 2025			Six Months ended October 31, 2024
Federal statutory rate expense (benefit)		(1,220,563	)		460,517
State statutory rate, net of effect of state income tax deductible to federal income tax		(444,954	)		36,260
Permanent difference – penalties, interest, and others		25,162			34,611
Change in valuation allowance *		1,872,222			658,377
Tax expense per financial statements		231,867			1,189,765

* excludes the amount of Maison El Monte due to discontinued operation presentation

Schedule of Deferred Tax Assets and Liabilities

Deferred taxes were comprised of the following:

	October 31, 2025			April 30, 2025
Deferred tax assets:
Bad debt expense	$	75,141		$	75,141
Inventory impairment loss		134,326			78,988
Investment loss		532,391			294,983
Unrealized loss on digital assets		246,897			-
Loss on note convertible		754,047			-
Lease liabilities, net of ROU		854,163			796,543
NOL		1,385,399			871,411
Valuation allowance		(3,861,995	)		(2,079,374	)
Deferred tax assets, net	$	120,369		$	37,692
Deferred tax liability:
Trademark acquired at acquisition of Maison Monterey Park and Lee Lee	$	1,188,708		$	1,221,606
Deferred tax liability, net of deferred tax assets	$	1,068,339		$	1,183,914