v3.25.2
Statements of Cash Flows - USD ($)
12 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Cash flows from operating activities:    
Net loss $ (8,765,229) $ (6,605,208)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 37,599 27,892
Amortization of debt discounts and deferred financing costs 285,870 103,595
Amortization - Right-of-use assets, operating lease 90,357 67,241
Stock-based compensation 249,884 405,025
Warrants issued to non-employees 170,637 335,633
Issuance of Common Stock for consulting services   100,000
Changes in current assets and liabilities:    
Accounts receivable (4,350)  
Inventory (21,088) 47,180
Prepaid and other current assets 357,507 236,932
Deferred offering costs 402,063 (517,067)
Accounts payable (129,522) (183,186)
Accrued liabilities 16,791 (58,690)
Other current liabilities (1,220)  
Lease liability, operating lease (102,293) (29,532)
Net cash used in operating activities (7,412,994) (6,070,185)
Cash flows from investing activities:    
Purchase of property and equipment (3,157) (64,455)
Acquisition of intellectual property - intangibles (27,031) (60,816)
Net cash used in investing activities (30,188) (125,271)
Cash flows from financing activities:    
Issuance of Common Stock, net of fees 1,147,578 10,300,013
Proceeds from shareholder note, net   334,249
Principal repayments of operating lease obligations (264,246) (291,625)
Net cash provided by investing activities 2,733,632 10,342,637
Net change in cash and cash equivalents during the year (4,709,550) 4,147,181
Cash and cash equivalents, beginning of year 5,807,648 1,660,467
Cash and cash equivalents, end of year 1,098,098 5,807,648
SUPPLEMENTAL DISCLOSURES OF NON-CASH TRANSACTIONS:    
Issuance of Common Stock resulting from the Reverse Stock Split 94  
Issuance of Common Stock for Series C Preferred Stock conversions   2
Issuance of Common Stock for note exchanges 85,000 1,022,850
Issuance of Common Stock as consideration for acquired intangible assets   1,528,431
Financed insurance premiums 261,246 $ 277,176
Streeterville Note    
Cash flows from financing activities:    
Proceeds from shareholder note, net $ 1,850,300