Quarterly report [Sections 13 or 15(d)]

PROPERTY AND EQUIPMENT

v3.25.2
PROPERTY AND EQUIPMENT
3 Months Ended
Jul. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 — PROPERTY AND EQUIPMENT

 

As of the dates presented, property and equipment consisted of the following:

 

    July 31, 2025     April 30, 2025  
Site costs   $ 203,320     $ 203,320  
Land     352,718       352,718  
Computer equipment     9,924       9,924  
Vehicle     39,493       39,493  
Total     605,455       605,455  
Less: accumulated depreciation     (182,016 )     (173,580 )
Total   $ 423,439     $ 431,875  

 

 

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JULY 31, 2025

 

For the three months ended July 31, 2025 and 2024, depreciation expense amounted to $8,436 and $8,131, respectively, and was included in general and administrative expenses as reflected in the accompanying unaudited condensed consolidated statements of operations.