v3.26.1
Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
 12 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2024
Operating activities:      
Net loss for the year including discontinued operations $ (13,949) $ (30,234) $ (26,115)
Adjustments not affecting cash:      
Accretion 0 10 19
Amortization and depreciation 1,604 5,119 5,735
Asset impairment 0 21,184 15,031
Deferred income taxes (177) (3,935) (1,773)
Foreign exchange 331 622 15
Gain on investment 0 (7) (2)
Loss on disposal of subsidiary 511 0 0
Share-based expense 1,275 445 1,535
Items not affecting cash (10,405) (6,796) (5,555)
Amounts receivable (1,592) (298) (601)
Inventory (53) 138 (102)
Unbilled revenue (690) (248) 360
Prepaid expenses (397) 261 624
Accounts payable and accrued liabilities (216) 827 983
Sales and income taxes payable and receivable 236 8 733
Deferred revenue 654 (302) 374
Net cash used in operating activities (12,463) (6,410) (3,184)
Investing activities:      
Purchase of equipment (398) (799) (1,397)
Security depost on leases 0 0 (141)
Deferred acquisition payments (312) 0 (146)
Proceeds on disposal of subsidiary 14,255   121
Net cash provided by (used in) investing activities 13,545 (799) (1,563)
Financing activities:      
Proceeds on share issuance, net of transaction costs 897 12,228 2,360
Proceeds from debenture 0 4,242 0
Repayment of principal on leases (782) (1,577) (1,339)
Net cash provided by financing activities 115 14,893 1,021
Increase (decrease) in cash during the year 1,197 7,684 (3,726)
Foreign exchange (514) (438) (1,095)
Cash - beginning of the year 10,791 3,545 8,366
Cash - end of the year 11,474 10,791 3,545
Cash is comprised of:      
Cash 11,348 10,665 3,459
Restricted cash 126 126 86
Cash paid for interest 0 0 0
Cash paid for income tax 0 2 0
Cash from discontinued operations:      
Net cash used in operating activities 777 2,063 2,898
Net cash used in investing activities (100) (311) (1,206)
Net cash used in financing activities $ (359) $ (1,299) $ (1,069)