Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.23.2
PROPERTY AND EQUIPMENT
12 Months Ended
Apr. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 — PROPERTY AND EQUIPMENT

 

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

 

SCHEDULE OF PROPERTY AND EQUIPMENT

    April 30, 2023     April 30, 2022  
Site costs   $ 203,320     $ 203,320  
Land     352,718       175,205  
Computer equipment     7,265       7,265  
Vehicle     39,493       39,493  
Total     602,796       425,283  
Less: accumulated depreciation     (111,871 )     (75,366 )
Total   $ 490,925     $ 349,917  

 

For the years ended April 30, 2023 and 2022, depreciation expense amounted to $36,505 and $34,794, respectively.

 

 

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

APRIL 30, 2023