XML 48 R31.htm IDEA: XBRL DOCUMENT v3.25.2
INCOME TAXES (Tables)
12 Months Ended
Apr. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of deferred tax assets and liabilities
        
   April 30, 
   2025   2024 
Deferred tax assets:        
Net operating loss carryforwards  $15,026,112   $14,437,888 
Stock compensation   523,822    494,130 
Research and development   216,831    160,452 
Investment in SG Austria   439,953    469,139 
Intangible asset (diabetes license)   559,672    596,800 
Other - deferred tax asset   147,798    77,622 
Total deferred tax assets   16,914,188    16,236,031 
           
Deferred tax liabilities:          
Fair value of derivative liability       (174,862)
Fair value of convertible note receivable   (568,067)   (324,958)
Fair value of warrant asset   (228,906)   (542,491)
Fair value of investment in TNF   (754,512)    
Other - deferred tax liability   (140,985)    
Total deferred tax liabilities   (1,692,470)   (1,042,311)
           
Total deferred tax assets   15,221,718    15,193,720 
Valuation allowance   (15,221,718)   (15,193,720)
Net deferred tax assets  $   $ 
Schedule of provision for income taxes
        
   Years Ended April 30, 
   2025   2024 
Federal benefit at statutory rate  $6,437,771   $70,090 
State income taxes, net of Federal taxes   2,139,792    29,505 
Fair value of warrant liability   (2,922,791)   (997,551)
Gain on related party investment   (5,986,526)    
Fair value of derivative liability   (611,083)    
Redemption of derivative liability   (174,862)    
Expiration of warrant asset – Series B   (79,743)    
State deferred tax adjustment   572,607     
Legal settlement   131,226     
Provision related to change in valuation allowance   27,998    (1,035,621)
Fair value of warrant asset – Series B   385,005     
Expired stock options   78,384    76,864 
Net valuation allowance for state NOLs   (6,748)   1,797,207 
Other, net   8,970   59,506 
Provision for income taxes  $   $