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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Oct. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ (443,521) $ 413,671 $ 648,072
Adjustments to reconcile net income to cash provided by operating activities:      
Fair value of stock-based compensation 818,395 137,931  
Fair value of shares issued for services 263,389 6,000  
Unrealized foreign exchange loss on contingent liability 42,642 0  
Amortization of intangible assets 106,666 94,169  
Depreciation of property, plant and equipment 9,897 2,532  
Changes in operating assets and liabilities:      
(Increase) decrease in accounts receivable (820,054) 39,998  
(Increase) decrease in accounts receivable - related party 58,358 773,290  
(Increase) decrease in prepaid expense 6,601 (950)  
(Increase) decrease in inventory, prize (378,170) 36,352  
(Increase) decrease in operating lease assets 23,993 24,100  
(Decrease) increase in accounts payable and accrued liabilities 626,252 126,983  
(Decrease) increase in accounts payable - related party 17,767 4,378  
(Decrease) increase in accrued income tax liability 145,686 75,404  
(Decrease) increase in deferred revenues (55,912) 122,634  
(Decrease) increase in customer deposit 3,642 7,830  
(Decrease) increase in operating lease liabilities (23,978) (22,923)  
Net cash provided by operating activities 401,653 1,841,399  
Cash flows from investing activities:      
Cash paid for purchase of RKings 0 (3,341,453)  
Cash paid for leasehold improvement (6,202) 0  
Cash paid for purchase of fixed assets (1,933) (5,992)  
Cash paid for purchase of intangible assets (52,788) (47,873)  
Net cash used in investing activities (60,923) (3,395,318)  
Cash flows from financing activities:      
Advance from shareholders 0 200  
Net cash provided by financing activities 0 200  
Effect of exchange rate changes on cash 133,494 (1,671)  
Net increase (decrease) in cash and cash equivalents 474,224 (1,555,390)  
Cash and cash equivalents at beginning of year 14,949,673 16,797,656  
Cash and cash equivalents at end of the quarter 15,423,897 15,242,266 $ 16,797,656
Supplemental cash flows disclosures      
Interest paid 998 0  
Tax paid 0 0  
Supplemental disclosure of non-cash activities      
Cashless exercise of options 71 1  
Intangible asset written down 0 58,000  
Acquisition of 20% shares of RKings $ 488,060 $ 0