Quarterly report [Sections 13 or 15(d)]

OPERATING LEASE RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)

v3.26.1
OPERATING LEASE RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)
9 Months Ended
Jan. 31, 2026
Leases [Abstract]  
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES

Right-of- use assets are summarized below:

 

    January 31, 2026    

 

April 30, 2025

 
Operating leases   $ 68,597     $ 34,410  

 

 

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JANUARY 31, 2026

 

Operating Lease liabilities are summarized below:

 

    January 31, 2026     April 30, 2025  
Operating lease, current portion   $ 44,212     $ 34,410  
Operating lease, long term portion     24,384       -  
Total lease liability   $ 68,596     $ 34,410  
SCHEDULE OF SUPPLEMENTAL CASH AND NON-CASH INFORMATION

The following table includes supplemental cash and non-cash information related to the Company’s leases:

 

    2026     2025  
    Period ended January 31,  
    2026     2025  
Cash paid for amounts included in the measurement of lease liabilities                
Operating cash flows from operating lease   $ 47,943     $ 45,776  
SCHEDULE OF MINIMUM LEASE PAYMENTS UNDER NON-CANCELABLE OPERATING LEASES

The remaining minimum lease payments under non-cancelable operating leases at January 31, 2026 are as follows:

 

Year ended April 30, 2026- remainder     16,428  
Year ended April 30, 2026- remainder     16,428  
Year ended April 30, 2027     43,200  
Year ended April 30, 2028     14,400  
Total   $ 74,028  
Less: imputed interest     (5,432 )
Total present value of lease liability   $ 68,596