v3.25.2
Income Taxes (Tables)
12 Months Ended
Apr. 30, 2025
Income Tax Disclosure [Abstract]  
Summary of Significant Portions of Deferred Tax Assets and Liabilities

The tax effects of temporary differences and carry-forwards that give rise to significant portions of the deferred tax assets and liabilities are presented below:

 

 

 

April 30,

 

 

April 30,

 

 

 

2025

 

 

2024

 

Deferred tax assets (liabilities):

 

 

 

 

 

 

 

 

 

 

 

 

Net operating loss carryforwards

 

$

11,774,383

 

 

$

11,378,409

 

Start-up costs

 

 

942,837

 

 

 

833,918

 

Stock option and warrant payments

 

 

746,681

 

 

 

694,206

 

Accumulated depreciation

 

 

729,230

 

 

 

(3,339

)

Research and development credits

 

 

816,075

 

 

 

255,600

 

Research and development warrants

 

 

21,488

 

 

 

21,488

 

Total deferred tax assets, net

 

 

15,030,694

 

 

 

13,180,282

 

Valuation Allowance

 

 

(15,030,694

)

 

 

(13,180,282

)

Net Deferred Tax Assets

 

$

 

 

$