Note
15: ACCRUED EXPENSES
The
following is a summary of accrued expenses as of April 30, 2026 and April 30, 2025, respectively.
SCHEDULE OF ACCRUED EXPENSES
| | |
As of April 30, 2026 | | |
As of April 30, 2025 | |
| Accrued salaries and benefits – management | |
$ | 1,015,000 | | |
$ | 477,500 | |
| Accrued signing bonus | |
| 300,000 | | |
| 300,000 | |
| Accrued success fee | |
| 1,000,000 | | |
| 1,000,000 | |
| Amount due from bank | |
| - | | |
| 2,488 | |
| Accrued directors’ fees | |
| 36,538 | | |
| 150,000 | |
| Accrued professional fees | |
| 849,339 | | |
| 498,143 | |
| Accrued salaries and benefits – employees | |
| 252,897 | | |
| - | |
| Accrued utilities expenses | |
| 58 | | |
| - | |
| Total | |
$ | 3,453,832 | | |
$ | 2,428,131 | |
|