INVESTMENT IN DEBT AND EQUITY SECURITIES (Tables)
|
12 Months Ended |
Apr. 30, 2026 |
|---|
| Schedule of activity for the notes and warrants |
| Schedule of activity for the notes and warrants | |
| |
| Balance of Note as of April 30, 2024 | |
$ | 2,755,000 | |
| Change in fair value | |
| 941,000 | |
| Balance of Note as of April 30, 2025 | |
| 3,696,000 | |
| Change in fair value | |
| 1,304,000 | |
| Settlement of note | |
| (5,000,000 | ) |
| Balance of Note as of April 30, 2026 | |
$ | – | |
| | |
| | |
| Balance of Warrants as of April 30, 2024 | |
$ | 5,152,000 | |
| Change in fair value, includes expiration of Series B Warrants of $1,376,000 | |
| (2,091,000 | ) |
| Balance of Warrants as of April 30, 2025 | |
| 3,061,000 | |
| Change in fair value | |
| (2,581,000 | ) |
| Balance of Warrants as of April 30, 2026 | |
$ | 480,000 | |
|
| Schedule of marketable equity securities |
| Schedule of marketable equity securities | |
| | |
| Balance of securities as of April 30, 2024 | |
$ | – | |
| Interest paid in shares | |
| 300,000 | |
| Change in fair market value – unrealized gain (loss) | |
| 66,316 | |
| Carrying value of securities as of April 30, 2025 | |
| 366,316 | |
| Interest paid in shares | |
| 300,000 | |
| Change in fair market value – unrealized gain (loss) | |
| (412,306 | ) |
| Carrying value of securities as of April 30, 2026 | |
$ | 254,010 | |
|
| Schedule of activity for series H preferred stock and warrants |
| Schedule of activity for series
G preferred stock and warrants | |
| |
| Balance of Series G Preferred Stock as of April 30, 2024 | |
$ | – | |
| Purchased | |
| 17,410,050 | |
| Change in fair value | |
| 5,063,950 | |
| Balance of Series G Preferred Stock as of April 30, 2025 | |
| 22,474,000 | |
| Change in fair value | |
| (8,708,000 | ) |
| Balance of Series G Preferred Stock as of April 30, 2026 | |
$ | 13,766,000 | |
Below is a summary of activity for the QCLS Series
G Warrants during the years ended April 30, 2026 and 2025:
| | |
| |
| Balance of Warrant assets as of April 30, 2024 | |
$ | – | |
| Purchased | |
| 10,985,684 | |
| Change in fair value | |
| (2,367,684 | ) |
| Balance of Warrant assets as of April 30, 2025 | |
| 8,618,000 | |
| Change in fair value includes expiration of short-term warrants of $2,917,000 | |
| (2,602,000 | ) |
| Balance of Warrant assets as of April 30, 2026 | |
$ | 6,016,000 | |
|
| Series H Preferred Stock [Member] |
|
| Schedule of activity for series H preferred stock and warrants |
| Schedule of activity for series H
preferred stock and warrants | |
| |
| Balance of Series H Preferred Stock as of April 30, 2025 | |
$ | – | |
| Initial fair value of investment Series H Preferred Shares | |
| 3,483,000 | |
| Change in fair value | |
| 976,000 | |
| Balance of Series H Preferred Stock as of April 30, 2026 | |
$ | 4,459,000 | |
Below is a summary of activity for the QCLS Series
H Warrants during the year ended April 30, 2026:
| | |
| |
| Balance of QCLS Series H Warrant assets as of April 30, 2025 | |
$ | – | |
| Initial fair value of investment in of QCLS Series H Warrants | |
| 1,606,000 | |
| Change in fair value | |
| 1,223,000 | |
| Balance of QCLS Series H Warrant assets as of April 30, 2026 | |
$ | 2,829,000 | |
|