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

3 Months Ended

Jul. 31, 2024

Lessee Disclosure [Abstract]

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES

Right-of- use assets are summarized below:

	July 31, 2024		April 30, 2024
Operating leases	$	56,387	$	70,331

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JULY 31, 2024

Operating Lease liabilities are summarized below:

	July 31, 2024		April 30, 2024
Operating lease, current portion	$	53,143	$	57,486
Operating lease, long term portion		3,244		12,845
Total lease liability	$	56,387	$	70,331

SCHEDULE OF SUPPLEMENTAL CASH AND NON-CASH INFORMATION

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

	Period ended July 31,
	2024		2023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating lease	$	15,259	$	14,157

SCHEDULE OF MINIMUM LEASE PAYMENTS UNDER NON-CANCELABLE OPERATING LEASES

The remaining minimum lease payments under non-cancelable operating leases at July 31, 2024 are as follows:

Year ended April 30, 2025- remainder		45,776
Year ended April 30, 2026		13,060
Total	$	58,836
Less: imputed interest		(2,449	)
Total present value of lease liability	$	56,387