XML 23 R4.htm IDEA: XBRL DOCUMENT v3.24.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Defined Benefit Plan Disclosure [Line Items]    
NET SALES $ 8,398,049 $ 9,922,799
COST OF SALES 5,004,375 7,144,335
GROSS PROFIT 3,393,674 2,778,464
OPERATING EXPENSES    
Selling and marketing expenses 1,565,006 1,928,198
General and administrative expenses 8,271,823 22,743,877
Research and development costs 65,164
Total Operating Expenses 9,836,829 24,737,239
OPERATING LOSS (6,443,155) (21,958,775)
NON-OPERATING INCOME (EXPENSE)    
Amortization of debt discounts (1,067,806) (4,095,030)
Loss on conversion of accounts payable to common stock (289,980)
Change in fair value of derivative liability 7,635,612 10,950,017
Derivative expense (14,119,784) (8,995,962)
Total Non-Operating Income (Expenses) (9,193,263) (3,319,050)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES (15,636,418) (25,277,825)
DISCONTINUED OPERATIONS    
Loss from discontinued operations (4,461,968)
Loss on disposal of subsidiaries (41,413,892)
LOSS FROM DISCONTINUED OPERATIONS (45,875,860)
NET INCOME (LOSS) FROM OPERATIONS BEFORE PROVISION FOR INCOME TAXES (15,636,418) (71,153,685)
Provision for income taxes
NET INCOME (LOSS) (15,636,418) (71,153,685)
Other comprehensive income (loss)    
Foreign currency translations adjustment 41,029 87,550
Comprehensive income (loss) $ (15,595,389) $ (71,066,135)
Net income (loss) per share - basic and diluted (see Note 3)    
Continuing operations basic $ (32.44) $ (1,806.33)
Continuing operations diluted (32.44) (1,806.33)
Discontinued operations basic (3,278.25)
Discontinued operations diluted (3,278.25)
Net loss per share - basic (32.44) (5,084.58)
Net loss per share - diluted $ (32.44) $ (5,084.58)
Weighted average common shares outstanding - basic 482,005 13,994
Weighted average common shares outstanding - diluted 482,005 13,994
Nonrelated Party [Member]    
NON-OPERATING INCOME (EXPENSE)    
Interest expense $ (1,351,305) $ (884,985)
Related Party [Member]    
NON-OPERATING INCOME (EXPENSE)    
Interest expense $ (293,090)