v3.26.1
INTANGIBLE ASSETS
12 Months Ended
Apr. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS

NOTE 7 – INTANGIBLE ASSETS

 

The Company performs an annual analysis of impairment of the indefinite-lived assets at its fiscal year end as well as when a triggering event may have occurred. As of April 30, 2025, the intangible asset held by the Company relates to an IPR&D asset, the cells producing cytochrome P450, used in the treatment of pancreatic cancer with a carrying value in the amount of $1,549,427. As of April 30, 2026, the Company concluded that the IPR&D asset does not meet the requirements to continue the carrying value of the asset. The Company believes that a buyer of this technology would ascribe a de minimis value to this asset. Therefore, it was determined that as of April 30, 2026, there should be a full impairment of the $1,549,427 carrying value. 

    
Balance, April 30, 2024  $1,549,427 
Impairment    
Balance, April 30, 2025   1,549,427 
Impairment   (1,549,427)
Balance, April 30, 2026  $