Note 12 - Accounting for the Costs of Computer Software Developed for Internal Use:

The Company has adopted the provisions of the Statement of Position 98-1 (SOP 98-1), "Accounting for the Costs of Computer Software Developed for Internal Use". SOP 98-1 requires companies to capitalize as long-lived assets many of the costs associated with developing or purchasing software for internal use and amortize those costs over the software's estimated useful life in a systematic and rational manner. Such costs, when incurred, are capitalized and amortized over the expected useful life of the asset, normally 3 to 5 years.

During the twelve months ended April 30, 2026, the Company did not incur nor capitalize expenditures related to third party programmers' costs. During the twelve months ended April 30, 2025 and 2024, the Company capitalized $59,000 and $62,000, respectively, related to the third party programmers' costs. The Company did not incur nor capitalize expenditures related to internal costs to develop software for internal use. Total amortization expenses for the years ended April 30, 2026, 2025 and 2024 were $43,000, $128,000 and $62,000, respectively.