Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT

v3.24.2
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