XML 13 R6.htm IDEA: XBRL DOCUMENT v3.24.4
Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Cash flows from operating activities:    
Net loss $ (4,134,607) $ (3,115,233)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 24,079 14,974
Amortization - Right-of-use assets, operating lease 43,649 26,393
Amortization of debt discounts and deferred financing costs 65,970 82,876
Stock-based compensation 99,115 230,486
Warrants issued to non-employees 10,046 232,614
Changes in current assets and liabilities:    
Accounts receivable   (3,900)
Inventory (23,728) 1,520
Prepaid and other current assets 205,321 151,833
Deferred offering costs (11,056) (448,250)
Accounts payable (171,335) 456,928
Accrued liabilities (260,272) (38,171)
Lease liability, operating lease (49,452) 15,478
Net cash used in operating activities (4,202,270) (2,392,452)
Cash flows from investing activities:    
Acquisition of intellectual property - intangibles (3,518) 0
Purchase of property and equipment (3,157) (6,862)
Net cash used in investing activities (6,675) (6,862)
Cash flows from financing activities:    
Issuance of Common Stock, net of fees 724,866 671,894
Proceeds from shareholder note, net   334,249
Principal repayments of finance lease obligations (121,749) (167,152)
Net cash provided by financing activities 2,453,417 838,991
Net change in cash and cash equivalents during the period (1,755,528) (1,560,323)
Cash and cash equivalents, beginning of period 5,807,648 1,660,467
Cash and cash equivalents, end of period 4,052,120 100,144
SUPPLEMENTAL DISCLOSURES OF NON-CASH TRANSACTIONS:    
Issuance of Common Stock resulting from the Reverse Stock Split 94  
Issuance of Common Stock for Series C Preferred Stock conversions   2
Issuance of Common Stock for consulting services   100,000
Issuance of Common Stock warrants in connection with MSW Note   165,751
Issuance of Common Stock warrants as consideration for consulting services   7,561
Issuance of Common Stock warrants in connection with note extensions   59,302
Financed insurance premiums 244,259 $ 277,176
Streeterville Note    
Cash flows from financing activities:    
Proceeds from shareholder note, net $ 1,850,300