v3.26.1
PROPERTY AND EQUIPMENT
 3 Months Ended
Jul. 31, 2026
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following at:

 

 

 

July 31,

2026

 

 

April 30,

 2026

 

Office furniture and equipment

 

$13,864

 

 

$13,864

 

Computer equipment and software

 

 

18,484

 

 

 

6,555

 

Refinery land

 

 

721,828

 

 

 

721,828

 

Refinery land improvements

 

 

468,615

 

 

 

468,615

 

Refinery land easements

 

 

37,015

 

 

 

37,015

 

 

 

 

1,259,806

 

 

 

1,247,877

 

Less accumulated depreciation and amortization

 

 

(288,950)

 

 

(279,256)

 

 

 

 

 

 

 

 

 

 

 

$970,856

 

 

$968,621

 

 

Depreciation and amortization expense totaled $9,694 and $9,097 for the three months ended July 31, 2026 and 2025, respectively.