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Condensed Balance Sheets - USD ($)
Oct. 31, 2024
Apr. 30, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 4,052,120 $ 5,807,648
Inventory, net 652,907 629,179
Prepaid expenses 239,629 183,704
Other current assets 40,374 40,374
Deferred offering costs 704,044 692,988
Total current assets 5,689,074 7,353,893
Property and equipment, net 77,069 97,991
Intangible assets, net 1,592,764 1,589,246
Right-of-use assets, net 418,334 461,983
TOTAL ASSETS 7,777,241 9,503,113
CURRENT LIABILITIES    
Accounts payable 276,848 448,183
Accrued expenses 369,673 398,331
Current portion of accrued interest expense 5,096 268,813
Operating lease liabilities 110,645 102,293
Current portion of notes payable 2,366,800 500,000
Other current liabilities 173,644 34,147
Total current liabilities 3,302,706 1,751,767
LONG-TERM LIABILITIES    
Notes payable 49,470
Accrued expenses 32,103
Operating lease liabilities, long-term 376,241 434,045
Total long-term liabilities 457,814 434,045
TOTAL LIABILITIES 3,760,520 2,185,812
COMMITMENTS AND CONTINGENCIES (NOTE 2, 4-6, and 8)
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value, 500,000,000 shares authorized; 947,821 shares issued and outstanding as of October 31, 2024 and 676,598 shares issued and outstanding as of April 30, 2024. 948 677
Additional paid-in capital 75,512,406 74,678,650
Accumulated deficit (71,497,013) (67,362,406)
TOTAL STOCKHOLDERS' EQUITY 4,016,721 7,317,301
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 7,777,241 9,503,113
Series A, B and C Convertible Preferred Stock    
STOCKHOLDERS' EQUITY    
Series A, B, and C convertible preferred stock, $0.001 par value, 20,000,000 shares authorized and 620,000 designated; 380,440 shares issued and outstanding as of October 31, 2024 and April 30, 2024. $ 380 $ 380