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PROPERTY AND EQUIPMENT
12 Months Ended
Apr. 30, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 — PROPERTY AND EQUIPMENT

 

As of the dates presented, property consisted of the following:

 

   April 30, 2024   April 30, 2023 
Site costs  $203,320   $203,320 
Land   352,718    352,718 
Computer equipment   3,766    7,265 
Vehicle   39,493    39,493 
Total   599,297    602,796 
Less: accumulated depreciation   (141,190)   (111,871)
Total  $458,107   $490,925 

 

For the years ended April 30, 2024 and 2023, depreciation expense amounted to $32,818 and $36,505, respectively.

 

 

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

APRIL 30, 2024