v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Apr. 30, 2026
Apr. 30, 2025
Current assets:    
Cash and cash equivalents $ 18,603,899 $ 15,172,163
Marketable equity securities 254,010 366,316
Dividends receivable 240,766 0
Investment in preferred stock – QCLS - current 18,225,000 0
Warrant asset – QCLS - current 0 2,917,000
Convertible Note receivable – Femasys - current 0 3,696,000
Prepaid expenses and other current assets 96,879 223,759
Total current assets 37,420,554 22,375,238
Other assets:    
Intangible assets 0 1,549,427
Investment in preferred stock – QCLS 0 22,474,000
Warrant assets – QCLS - non current 8,845,000 5,701,000
Warrant assets – Femasys 480,000 3,061,000
Other assets 7,688 7,688
Total other assets 9,332,688 32,793,115
Total Assets 46,753,242 55,168,353
Current liabilities:    
Accounts payable 271,102 399,204
Accrued expenses 522,831 2,515,080
Accrued Series C dividends 32,491 0
Total current liabilities 826,424 2,914,284
Other liabilities:    
Long-term portion of accrued expenses 0 25,000
Warrant liability 10,068,000 338,000
Derivative liability 878,000 0
Total other liabilities 10,946,000 363,000
Total Liabilities 11,772,424 3,277,284
Commitments and Contingencies (Note 9)
Temporary Equity:    
Contingently redeemable warrants 417,000 0
Total temporary equity 1,685,892 0
Stockholders’ equity:    
Preferred stock value 0 0
Common stock, authorized: 200,000,000 shares, $0.0001 par value; 26,005,715 and 21,672,095 shares issued and 10,735,649 and 6,795,779 shares outstanding as of April 30, 2026 and April 30, 2025, respectively. 2,602 2,167
Additional paid-in capital 182,716,275 181,489,647
Accumulated deficit (104,393,614) (84,968,960)
Treasury stock, at cost, 15,270,066 and 14,876,316 shares as of April 30, 2026, and 2025, respectively (45,009,541) (44,607,916)
Accumulated other comprehensive loss (20,796) (23,869)
Total stockholders’ equity 33,294,926 51,891,069
Total Liabilities, Temporary Equity and Stockholders’ Equity 46,753,242 55,168,353
Series B Preferred Stock [Member]    
Temporary Equity:    
Convertible preferred stock 0 0
Series C Preferred Stock [Member]    
Temporary Equity:    
Convertible preferred stock 1,268,892 0
Series A Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value $ 0 $ 0