Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

v3.24.4
PROPERTY AND EQUIPMENT
6 Months Ended
Oct. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 — PROPERTY AND EQUIPMENT

 

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

 

    October 31, 2024     April 30, 2024  
Site costs   $ 203,320     $ 203,320  
Land     352,718       352,718  
Computer equipment     3,766       3,766  
Vehicle     39,493       39,493  
Total     599,297       599,297  
Less: accumulated depreciation     (157,244 )     (141,190 )
Total   $ 442,053     $ 458,107  

 

For the six months ended October 31, 2024 and 2023, depreciation expense amounted to $16,054 and $16,473, respectively, and was included in general and administrative expenses as reflected in the accompanying unaudited condensed consolidated statements of operations.

 

 

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

OCTOBER 31, 2024