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Condensed Consolidated Balance Sheets - USD ($)
Jan. 31, 2022
Apr. 30, 2021
Current assets    
Cash and cash equivalents $ 1,082,446 $ 928,796
Accounts receivable, net 1,209,253 762,487
Inventories, net 8,669,721 3,693,216
Prepaid inventory 1,777,905 140,047
Loan and interest receivable 2,355,349
Prepaid expenses and other current assets 99,785 60,113
Total current assets 15,194,459 5,584,659
Goodwill 1,240,000
Other intangible assets, net 2,200,105 112,853
Total assets 18,634,564 5,697,512
Current liabilities    
Accounts payable and accrued expenses 7,942,523 2,050,476
Accrued payroll and bonuses 1,612,531 1,283,464
Deferred revenue 18,508 99,531
Accrued interest - related party 850,092 747,636
Notes payable - related party, net 2,000,000 6,143,223
Convertible notes payable, net 7,577,778
Derivative liabilities 8,926,083 13,813,449
Total current liabilities 28,927,515 24,137,779
Long-term liabilities    
Note payable, net 10,477
Total liabilities 28,927,515 24,148,256
Commitments and contingencies (Note 11)
Shareholders’ deficit    
Common stock, $0.001 par value, 300,000,000 shares authorized, 41,888,372 and 27,642,828 shares issued and outstanding as of January 31, 2022 (unaudited) and April 30, 2021, respectively; 0 and 6,921,299 shares issuable as of January 31, 2022 (unaudited) and April 30, 2021, respectively 41,888 27,643
Additional paid-in capital 63,166,203 10,365,056
Accumulated other comprehensive loss (46,976) (20,170)
Accumulated deficit (73,454,066) (28,823,273)
Total shareholders’ deficit (10,292,951) (18,450,744)
Total liabilities and shareholders’ deficit $ 18,634,564 $ 5,697,512