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)
6 Months Ended
Oct. 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:

 

   

October 31, 2022

   

April 30, 2022

 
Operating leases   $ 38,362     $ 64,064  

 

Operating Lease liabilities are summarized below:

 

   

October 31, 2022

   

April 30, 2022

 
Operating lease, current portion   $ 38,512     $ 55,630  
Operating lease, long term portion     -       8,734  
Total lease liability   $ 38,512     $ 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:

 

      1       2  
    Period ended October 31,  
    2022     2021  
Cash paid for amounts included in the measurement of lease liabilities                
Operating cash flows from operating lease   $ 28,000     $ 16,200  
Lease assets obtained in exchange for new operating lease liabilities   $ -     $ 106,631  
SCHEDULE OF FUTURE MINIMUM PAYMENTS REQUIRED UNDER NON-CANCELABLE OPERATING LEASES

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

 

      1  
Year ended April 30, 2023 - remainder     28,000  
Year ended April 30, 2024     11,800  
Total   $ 39,800  
Less: imputed interest     (1,288 )
Total present value of lease liability   $ 38,512