Quarterly report pursuant to Section 13 or 15(d)

OPERATING LEASE RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)

v3.22.2.2
OPERATING LEASE RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)
3 Months Ended
Jul. 31, 2022
Operating Lease Right-of-use Assets And Operating Lease Liabilities  
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES

Right-of- use assets are summarized below:

 

   

July 31,

2022

   

April 30,

2022

 
Operating leases   $ 51,341     $ 64,064  

 

Operating Lease liabilities are summarized below:

 

   

July 31,

2022

   

April 30,

2022

 
Operating lease, current portion   $ 42,832     $ 55,630  
Operating lease, long term portion     8,734       8,734  
Total lease liability   $ 51,566     $ 64,364  
SCHEDULE OF SUPPLEMENTAL CASH FLOW AND NON-CASH INFORMATION RELATED TO LEASES

The following table includes supplemental cash and non-cash information related to the Company’s lease:

 

    2022     2021  
    Period ended July 31,  
    2022     2021  
Cash paid for amounts included in the measurement of lease liabilities                
Operating cash flows from operating lease   $ 14,000     $ 5,000  
Lease assets obtained in exchange for new operating lease liabilities   $ -     $ 37,388  
SCHEDULE OF FUTURE MINIMUM PAYMENTS REQUIRED UNDER NON-CANCELABLE OPERATING LEASES

The remaining minimum lease payments under non-cancelable operating leases at July 31, 2022 are as follows:

 

         
Year ended April 30, 2023 - remainder     42,000  
Year ended April 30, 2024     11,800  
Total   $ 53,800  
Less: imputed interest     (2,234 )
Total present value of lease liability   $ 51,566