v3.26.3
Condensed Consolidated Statement of Operations (Unaudited) - USD ($)
3 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Revenue    
Total Revenue $ 47,698 $ 96,688
Less Cost of goods sold 6,901 8,472
Gross profit 40,797 88,216
Operating expenses:    
Compensation and related costs 256,707 193,649
Accounting and legal Fees 1,140 29,525
Consulting fees 48,709 66,865
Rent and lease 18,000 18,000
Provision for credit losses 105,900
General office expenses 66,414 59,510
Total operating expenses 496,870 367,549
Loss from operations (456,073) (279,333)
Other expense/(income):    
Commission on Municipal Bonds (1,476) (9,624)
Interest Expense on notes 187,104 167,796
Loss (gain) in changes in fair value of derivative liability (143,226) 36,686
Loss on extinguishment of debt 36,802
Other expense 200
Total other (income) expense 79,204 195,058
Net loss (535,277) (474,391)
Net profit (loss) attributable to minority shareholder (35,759) 7,938
Net loss attributed to common stockholders $ (499,518) $ (482,329)
Basic and diluted loss per share:    
Loss from continuing operations attributable to Sparta Commercial Services, Inc. common stockholders, basic $ (0.01) $ (0.01)
Loss from continuing operations attributable to Sparta Commercial Services, Inc. common stockholders, diluted (0.01) (0.01)
Net loss attributable to Sparta Commercial Services, Inc. common stockholders, basic (0.01) (0.01)
Net loss attributable to Sparta Commercial Services, Inc. common stockholders, diluted $ (0.01) $ (0.01)
Weighted average shares outstanding, basic 54,139,587 40,733,568
Weighted average shares outstanding, diluted 54,139,587 40,733,568
Information Technology [Member]    
Revenue    
Total Revenue $ 45,154 $ 32,768
Wellness Products [Member]    
Revenue    
Total Revenue 2,186 11,330
Merchant Financing [Member]    
Revenue    
Total Revenue $ 358 $ 52,590