Options and Warrants (Tables)
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3 Months Ended |
12 Months Ended |
Apr. 30, 2025 |
Jan. 31, 2025 |
Class of Warrant or Right [Line Items] |
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Schedule of Options Outstanding |
The following table summarizes the
changes in outstanding options and the related price of the shares of the Company’s common stock issued to employees of the Company.
See Note 7 for the issuance of related party options.
| | | | | Exercise | | | Remaining | | | Intrinsic | | | | Shares | | | Price | | | Life | | | Value | | Outstanding, January 31, 2024 | | | 874,835 | | | $ | 3.23 | | | | 2.31 years | | | | | | | | | | | | | | | | | | | | | | | Granted | | | 689,584 | | | | 4.40 | | | | 1.93 years | | | | - | | | | | | | | | | | | | | | | | | | Expired/Cancelled | | | (190,751 | ) | | | - | | | | - | | | | | | | | | | | | | | | | | | | | | | | Exercised | | | - | | | | - | | | | - | | | | | | | | | | | | | | | | | | | | | | | Outstanding, January 31, 2025 | | | 1,373,668 | | | | 3.68 | | | | 1.90 years | | | | | | | | | | | | | | | | | | | | | | | Granted | | | - | | | | - | | | | - | | | | | | | | | | | | | | | | | | | | | | | Expired/Cancelled | | | - | | | | - | | | | - | | | | | | | | | | | | | | | | | | | | | | | Exercised | | | - | | | | - | | | | - | | | | | | | | | | | | | | | | | | | | | | | Outstanding- April 30, 2025 | | | 1,373,668 | | | $ | 3.68 | | | | 1.65 years | | | $ | 4,550,248 | | | | | | | | | | | | | | | | | | | Exercisable - April 30, 2025 | | | 1,373,668 | | | $ | 3.68 | | | | 1.65 years | | | $ | 4,550,248 | |
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The following table summarizes the
changes in options outstanding and the related price of the shares of the Company’s common stock issued to employees of the Company.
See Note 7 for the issuance of related party options.
| | | | | Exercise | | | Remaining | | | Intrinsic | | | | Shares | | | Price | | | Life | | | Value | | Outstanding, January 31, 2023 | | | 470,335 | | | $ | 4.13 | | | | 2.53 years | | | | | | Granted | | | 404,500 | | | | 2.18 | | | | 2.68 years | | | | - | | Expired/Cancelled | | | - | | | | - | | | | - | | | | | | Exercised | | | - | | | | - | | | | - | | | | | | Outstanding, January 31, 2024 | | | 874,835 | | | | 3.23 | | | | 2.31 years | | | | | | Granted | | | 689,584 | | | | 4.40 | | | | 1.93 years | | | | | | Expired/Cancelled | | | (190,751 | ) | | | - | | | | - | | | | | | Exercised | | | - | | | | - | | | | - | | | | | | Outstanding- January 31, 2025 | | | 1,373,668 | | | $ | 3.68 | | | | 1.90 years | | | $ | 6,337,984 | | Exercisable - January 31, 2025 | | | 1,373,668 | | | $ | 3.68 | | | | 1.90 years | | | $ | 6,337,984 | |
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Schedule of Additional Information Relating to the Options Outstanding |
The following table summarizes additional
information relating to the options outstanding as of April 30, 2025:
| | | | | | | | | Weighted Average | | | | | | Weighted Average | | | | | Range of Exercise | | | Number | | | Weighted Average | | | Exercise Price for Shares | | | Number | | | Exercise Price for Shares | | | Intrinsic | | Prices | | | Outstanding | | | Life(Years) | | | Outstanding | | | Exercisable | | | Exercisable | | | Value | | | | | | | | | | | | | | | | | | | | | | $ | 1.93 | | | | 214,500 | | | | 1.49 | | | $ | 1.93 | | | | 214,500 | | | $ | 1.93 | | | $ | 1,061,775 | | $ | 2.12 | | | | 140,000 | | | | 1.49 | | | $ | 2.12 | | | | 140,000 | | | $ | 2.12 | | | $ | 666,400 | | $ | 2.37 | | | | 195,000 | | | | 1.88 | | | $ | 2.37 | | | | 195,000 | | | $ | 2.37 | | | $ | 879,450 | | $ | 2.61 | | | | 195,000 | | | | 1.88 | | | $ | 2.61 | | | | 195,000 | | | $ | 2.61 | | | $ | 828,750 | | $ | 2.65 | | | | 20,000 | | | | 1.39 | | | $ | 2.65 | | | | 20,000 | | | $ | 2.65 | | | $ | 84,600 | | $ | 2.75 | | | | 30,000 | | | | 1.76 | | | $ | 2.75 | | | | 30,000 | | | $ | 2.75 | | | $ | 123,900 | | $ | 3.59 | | | | 35,000 | | | | 2.42 | | | $ | 3.59 | | | | 35,000 | | | $ | 3.59 | | | $ | 115,150 | | $ | 3.75 | | | | 57,500 | | | | 0.61 | | | $ | 3.75 | | | | 57,500 | | | $ | 3.75 | | | $ | 179,975 | | $ | 3.98 | | | | 30,000 | | | | 0.76 | | | $ | 3.98 | | | | 30,000 | | | $ | 3.98 | | | $ | 87,000 | | $ | 4.09 | | | | 78,750 | | | | 0.25 | | | $ | 4.09 | | | | 78,750 | | | $ | 4.09 | | | $ | 219,713 | | $ | 4.12 | | | | 50,000 | | | | 0.61 | | | $ | 4.12 | | | | 50,000 | | | $ | 4.12 | | | $ | 138,000 | | $ | 4.50 | | | | 58,334 | | | | 0.25 | | | $ | 4.50 | | | | 58,334 | | | $ | 4.50 | | | $ | 138,835 | | $ | 5.99 | | | | 30,000 | | | | 2.17 | | | $ | 5.99 | | | | 30,000 | | | $ | 5.99 | | | $ | 26,700 | | $ | 7.34 | | | | 180,918 | | | | 2.73 | | | $ | 7.34 | | | | 180,918 | | | $ | 7.34 | | | $ | - | | $ | 8.07 | | | | 58,666 | | | | 2.73 | | | $ | 8.07 | | | | 58,666 | | | $ | 8.07 | | | $ | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,373,668 | | | | 1.65 | | | $ | 3.68 | | | | 1,373,668 | | | $ | 3.68 | | | $ | 4,550,248 | |
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The following table summarizes additional
information relating to the options outstanding as of January 31, 2025:
| | | | | | | | | Weighted Average | | | | | | Weighted Average | | | | | Range of Exercise | | | Number | | | Weighted Average | | | Exercise Price for Shares | | | Number | | | Exercise Price for Shares | | | Intrinsic | | Prices | | | Outstanding | | | Life(Years) | | | Outstanding | | | Exercisable | | | Exercisable | | | Value | | | | | | | | | | | | | | | | | | | | | | $ | 1.93 | | | | 214,500 | | | | 1.73 | | | $ | 1.93 | | | | 214,500 | | | $ | 1.93 | | | $ | 1,364,220 | | $ | 2.12 | | | | 140,000 | | | | 1.73 | | | $ | 2.12 | | | | 140,000 | | | $ | 2.12 | | | $ | 863,800 | | $ | 2.37 | | | | 195,000 | | | | 2.13 | | | $ | 2.37 | | | | 195,000 | | | $ | 2.37 | | | $ | 1,154,400 | | $ | 2.61 | | | | 195,000 | | | | 2.13 | | | $ | 2.61 | | | | 195,000 | | | $ | 2.61 | | | $ | 1,107,600 | | $ | 2.65 | | | | 20,000 | | | | 1.63 | | | $ | 2.65 | | | | 20,000 | | | $ | 2.65 | | | $ | 112,800 | | $ | 2.75 | | | | 30,000 | | | | 2.00 | | | $ | 2.75 | | | | 30,000 | | | $ | 2.75 | | | $ | 166,200 | | $ | 3.59 | | | | 35,000 | | | | 2.66 | | | $ | 3.59 | | | | 35,000 | | | $ | 3.59 | | | $ | 164,500 | | $ | 3.75 | | | | 57,500 | | | | 1.00 | | | $ | 3.75 | | | | 57,500 | | | $ | 3.75 | | | $ | 261,050 | | $ | 3.98 | | | | 30,000 | | | | 1.00 | | | $ | 3.98 | | | | 30,000 | | | $ | 3.98 | | | $ | 129,300 | | $ | 4.09 | | | | 78,750 | | | | 0.50 | | | $ | 4.09 | | | | 78,750 | | | $ | 4.09 | | | $ | 330,750 | | $ | 4.12 | | | | 50,000 | | | | 0.85 | | | $ | 4.12 | | | | 50,000 | | | $ | 4.12 | | | $ | 208,500 | | $ | 4.50 | | | | 58,334 | | | | 0.50 | | | $ | 4.50 | | | | 58,334 | | | $ | 4.50 | | | $ | 221,086 | | $ | 5.99 | | | | 30,000 | | | | 2.41 | | | $ | 5.99 | | | | 30,000 | | | $ | 5.99 | | | $ | 69,000 | | $ | 7.34 | | | | 180,918 | | | | 2.98 | | | $ | 7.34 | | | | 180,918 | | | $ | 7.34 | | | $ | 171,872 | | $ | 8.07 | | | | 58,666 | | | | 2.98 | | | $ | 8.07 | | | | 58,666 | | | $ | 8.07 | | | $ | 12,907 | | | | | | | 1,373,668 | | | | 1.90 | | | $ | 3.68 | | | | 1,373,668 | | | $ | 3.68 | | | $ | 6,337,984 | |
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Warrant [Member] |
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Class of Warrant or Right [Line Items] |
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Schedule of Warrants Outstanding |
The following table summarizes the
changes in the warrants outstanding and the related price of the shares of the common stock issued to non-employees of the Company during
the three months ending April 30, 2025 and the year ending January 31, 2025.
| | | | | Exercise | | | Remaining | | | Intrinsic | | | | Shares | | | Price | | | Life | | | Value | | Outstanding, January 31, 2024 | | | 1,283,038 | | | $ | 5.88 | | | | 2.97 years | | | $ | - | | | | | | | | | | | | | | | | | | | Granted | | | 4,402,460 | | | | 6.40 | | | | 4.72 years | | | | - | | | | | | | | | | | | | | | | | | | Expired/Cancelled | | | (50,000 | ) | | | 4.00 | | | | - | | | | - | | | | | | | | | | | | | | | | | | | Exercised | | | (88,525 | ) | | | 1.98 | | | | - | | | | - | | | | | | | | | | | | | | | | | | | Outstanding, January 31, 2025 | | | 5,546,973 | | | | 6.37 | | | | 3.68 years | | | | - | | | | | | | | | | | | | | | | | | | Granted | | | - | | | | - | | | | - | | | | - | | | | | | | | | | | | | | | | | | | Expired/Cancelled | | | - | | | | - | | | | - | | | | - | | | | | | | | | | | | | | | | | | | Exercised | | | (58,333 | ) | | | 1.93 | | | | - | | | | - | | | | | | | | | | | | | | | | | | | Outstanding- April 30, 2025 | | | 5,488,640 | | | $ | 6.42 | | | | 3.98 years | | | $ | 2,531,538 | | | | | | | | | | | | | | | | | | | Exercisable - April 30, 2025 | | | 5,488,640 | | | $ | 6.42 | | | | 3.98 years | | | $ | 2,531,538 | |
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The following table summarizes the
changes in the warrants outstanding and the related price of the shares of the common stock issued to non-employees of the Company during
the year ending January 31, 2025.
| | | | | Exercise | | | Remaining | | | Intrinsic | | | | Shares | | | Price | | | Life | | | Value | | Outstanding, January 31, 2023 | | | 1,307,671 | | | $ | 6.43 | | | | 3.34 years | | | $ | - | | Granted | | | 175,833 | | | | 2.28 | | | | 2.97 years | | | | - | | Expired/Cancelled | | | (200,466 | ) | | | 6.33 | | | | - | | | | - | | Exercised | | | - | | | | - | | | | - | | | | - | | Outstanding, January 31, 2024 | | | 1,283,038 | | | | 5.88 | | | | 2.97 years | | | | - | | Granted | | | 4,402,460 | | | | 6.40 | | | | 4.72 years | | | | - | | Expired/Cancelled | | | (50,000 | ) | | | 4.00 | | | | - | | | | - | | Exercised | | | (88,525 | ) | | | 1.98 | | | | - | | | | - | | Outstanding- January 31, 2025 | | | 5,546,973 | | | $ | 6.37 | | | | 3.68 years | | | $ | 10,626,018 | | Exercisable - January 31, 2025 | | | 5,546,973 | | | $ | 6.37 | | | | 3.68 years | | | $ | 10,626,018 | |
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Schedule of Additional Information Relating to the Warrants Outstanding |
The following
table summarizes additional information relating to the warrants outstanding as of April 30, 2025:
| | | | | | Weighted Average | | | Weighted Average | | | | | | Weighted Average | | | | | Range of Exercise | | | Number | | | Remaining Contractual | | | Exercise Price for Shares | | | Number | | | Exercise Price for Shares | | | Intrinsic | | Prices | | | Outstanding | | | Life (Years) | | | Outstanding | | | Exercisable | | | Exercisable | | | Value | | $ | 4.00 | | | | 30,000 | | | | 2.85 | | | $ | 4.00 | | | | 30,000 | | | $ | 4.00 | | | $ | 86,400 | | $ | 6.43 | | | | 5,433,640 | | | | 3.47 | | | $ | 6.43 | | | | 5,433,640 | | | $ | 6.43 | | | $ | 2,445,138 | | $ | 7.50 | | | | 25,000 | | | | 2.77 | | | $ | 7.50 | | | | 25,000 | | | $ | 7.50 | | | $ | - | | | | | | | 5,488,640 | | | | | | | $ | 6.42 | | | | 5,488,640 | | | $ | 6.42 | | | $ | 2,531,538 | |
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The following table summarizes additional information relating to the warrants outstanding as of January 31, 2025:
Range of Exercise | | | Number | | | Remaining Contractual | | | Exercise Price for Shares | | | Number | | | Exercise Price for Shares | | | Intrinsic | | Prices | | | Outstanding | | | Life (Years) | | | Outstanding | | | Exercisable | | | Exercisable | | | Value | | $ | 1.93 | | | | 58,333 | | | | 1.74 | | | $ | 1.93 | | | | 58,333 | | | $ | 1.93 | | | $ | 370,988 | | $ | 4.00 | | | | 30,000 | | | | 3.10 | | | $ | 4.00 | | | | 30,000 | | | $ | 4.00 | | | $ | 128,700 | | $ | 6.43 | | | | 5,433,640 | | | | 3.71 | | | $ | 6.43 | | | | 5,433,640 | | | $ | 6.43 | | | $ | 10,106,570 | | $ | 7.50 | | | | 25,000 | | | | 2.77 | | | $ | 7.50 | | | | 25,000 | | | $ | 7.50 | | | $ | 19,760 | | | | | | | 5,546,973 | | | | | | | $ | 6.37 | | | | 5,546,973 | | | $ | 6.37 | | | $ | 10,626,018 | |
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