v3.26.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Apr. 30, 2026
Apr. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,919,942) $ (4,398,477)
Net loss from discontinued operations (646,656) (32,973)
Net loss from continuing operations (3,273,286) (4,365,504)
Adjustments to reconcile net loss to net cash used in operating activities:    
Bad debt expense 47,935
Depreciation and amortization 64,397 53,677
Share-based compensation expense 117,167 90,080
Change in deferred tax assets 2,227 681
Operating lease expense 34,721 39,482
Changes in operating assets and liabilities:    
Accounts receivable (617,498) 760,386
Prepaid expenses and other current assets 2,279,348 (2,788,370)
Advance to vendors (599,800)
Accounts payable (9,681) (4,471)
Income tax payable 39,954 (98,047)
Advance from customers (50,385)
Accrued expenses and other current liabilities 204,345 (34,330)
Finance lease liabilities (1,176,744)
Operating lease liabilities (35,802) 1,130,385
Net cash used in operating activities from continuing operations (1,745,973) (6,443,160)
Net cash provided by operating activities from discontinued operations 198,788 1,170,926
Net Cash Used in Operating Activities (1,547,185) (5,272,234)
CASH FLOWS FROM INVESTING ACTIVITIES    
Note receivables (830,000)
Purchase of furniture & fixtures (13,080)
Other receivable (300,000)
Cash received from disposal of subsidiary 550,000
Net cash used in investing activities from continuing operations (580,000) (13,080)
Net cash used in investing activities from discontinued operations (207,224) (56,772)
Net Cash Used in Investing Activities (787,224) (69,852)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment from (loan to) shareholder 193,853 (194,354)
Proceeds from issuance of common stock 1,413,360 6,458,713
Net cash provided by financing activities from continuing operations 1,607,213 6,264,359
Net cash use in financing activities from discontinued operations (382,428) (1,025,179)
Net Cash Provided by Financing Activities 1,224,785 5,239,180
Net change in cash and cash equivalents (1,109,624) (102,906)
Cash and cash equivalents, beginning of the year 1,261,874 1,364,780
Cash and cash equivalents, end of the year 152,250 1,261,874
ANALYSIS OF BALANCES OF CASH AND CASH EQUIVALENTS:    
Cash and equivalents 152,250 871,009
Cash and equivalents included in discontinued operations 390,865
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for income tax 19,963 312,673
Cash paid for interest $ 5,097 $ 32,219