ACCRUED EXPENSES

12 Months Ended

Apr. 30, 2026

NOTE 5 – ACCRUED EXPENSES

Accrued expenses at April 30, 2026 and 2025 are summarized below:

Schedule of accrued expenses
	2026		2025
Payroll related costs	$	338,021	$	335,846
Director fees		67,500		67,500
R&D costs		92,310		92,310
Legal settlement		25,000		2,019,000
Excise tax on stock repurchases		–		25,424
Total accrued expenses		522,831		2,540,080
Less: Long-term portion of legal settlement		–		(25,000	)
Total – current portion	$	522,831	$	2,515,080

See Note 9 – Commitments and Contingencies for additional information on the legal settlement.