Note
15: ACCRUED EXPENSES
The
following is a summary of accrued expenses as of July 31 and April 30, 2026, respectively.
SCHEDULE OF ACCRUED EXPENSES
| | |
As
of July
31, 2026 | | |
As
of April
30, 2026 | |
| Accrued salaries and benefits – management | |
$ |
1,037,500 | | |
$ |
1,015,000 | |
| Accrued signing bonus | |
|
300,000 | | |
|
300,000 | |
| Accrued success fee | |
|
1,000,000 | | |
|
1,000,000 | |
| Accrued directors’ fees | |
|
36,538 | | |
|
36,538 | |
| Accrued professional fees | |
|
437,500 | | |
|
849,339 | |
| Accrued salaries and benefits – employees | |
|
271,591 | | |
|
252,897 | |
| Accrued utilities expenses | |
|
70 | | |
|
58 | |
| Total | |
$ |
3,083,199 | | |
$ |
3,453,832 | |
|