v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jul. 31, 2026
Apr. 30, 2026
CURRENT ASSETS:    
Cash $ 27,114,710 $ 30,655,391
Prepaid expenses and other current assets 1,420,460 1,540,447
Total current assets 28,535,170 32,195,838
NONCURRENT ASSETS:    
Property, net 2,273,838 2,294,199
Reclamation bond deposit 1,256,929 1,256,929
Operating lease right-of-use asset, net 81,815 96,223
Mineral rights 14,370,255 14,370,255
Total noncurrent assets 17,982,837 18,017,606
Total assets 46,518,007 50,213,444
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 626,864 495,052
Stock payable 80,000 65,000
Operating lease liabilities, current portion 61,142 59,475
Total current liabilities 768,006 619,527
LONG- TERM LIABILITIES    
Asset retirement obligations 381,590 372,250
Operating lease liabilities, noncurrent portion 20,761 36,748
Deferred tax liability 430,486 430,486
Total long-term liabilities 832,837 839,484
Total liabilities 1,600,843 1,459,011
Commitments and Contingencies (see Note 12)
STOCKHOLDERS’ EQUITY :    
Preferred stock, $0.001 par value; 50,000,000 shares authorized, no shares issued and outstanding as of July 31, 2026, and April 30, 2026
Common stock, $0.001 par value; 200,000,000 shares authorized; 16,526,163 shares and 16,526,163 shares issued and outstanding as of July 31, 2026, and April 30, 2026 16,526 16,526
Additional paid-in capital 160,116,814 159,353,210
Accumulated deficit (115,216,176) (110,615,303)
Total stockholders’ equity 44,917,164 48,754,433
Total liabilities and stockholders’ equity $ 46,518,007 $ 50,213,444