XML 19 R4.htm IDEA: XBRL DOCUMENT v3.21.4
Consolidated Statements of Operations and Comprehensive Income - USD ($)
6 Months Ended 9 Months Ended 12 Months Ended
Jan. 31, 2020
Oct. 31, 2021
Jan. 31, 2021
Jul. 31, 2019
Consolidated Statements of Operations and Comprehensive Income        
Revenues-related party $ 1,087,816 $ 1,525,091 $ 2,248,877 $ 2,429,442
Revenues 670,783 7,808,401 2,974,182 452,771
Total revenues 1,758,599 9,333,492 5,223,059 2,882,213
Cost of goods sold (57,224) (6,050,508) (2,000,052) (21,998)
Gross profit 1,701,375 3,282,984 3,223,007 2,860,215
Costs and expenses:        
G&A expense 149,177 1,112,986 566,593 321,339
G&A expense- related party 540,073 982,023 2,050,440 406,490
Compensation expense - Acquisition cost - related party 0 0 0 90,873
Professional fees 26,944 287,383 159,091 60,631
Research and development expense 0 149,738 47,558 0
Bad debt expense 10,839 0 0 168,557
Total operating expenses 727,033 2,532,130 2,823,682 1,047,890
Gain from operations 974,342 750,854 399,325 1,812,325
Other income (expense):        
Interest expense (26,227) 0 (11,852) (45,350)
Interest income 18,659 201 1,611 8,120
Foreign exchange gain (loss) 0 (62,983) 8,996 0
Other expense 0 (40,000) 0 0
Gain (Loss) on extinguishment of debt 0 0 0 (106)
Loss on derivative liability 0 0 0 (5,081)
Total other expense (7,568) (102,782) (1,245) (42,417)
Net income 966,774 648,072 398,080 1,769,908
Other comprehensive loss        
Foreign currency translation adjustment 0 (742) 0 0
Total comprehensive income $ 966,774 $ 647,330 $ 398,080 $ 1,769,908
Net earnings (loss) per common share - basic $ 0.05 $ 0.03 $ 0.02 $ 0.09
Net earnings (loss) per common share -diluted $ 0.03 $ 0.02 $ 0.01 $ 0.06
Weighted average number of common shares outstanding - basic 18,968,792 23,884,563 19,953,819 18,764,007
Weighted average number of common shares outstanding - diluted 27,862,743 32,278,224 31,588,555 27,593,734