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Consolidated Balance Sheets - USD ($)
Jul. 31, 2024
Apr. 30, 2024
Apr. 30, 2023
Current Assets:      
Cash and cash equivalents $ 1,711,283 $ 229,705 $ 202,095
Investment, at cost 16,500,000 16,500,000
Accounts receivable, net 258,273 273,874 399,680
Inventories, net 1,660,847 1,609,196 3,189,766
Prepaid inventory 884,266 810,978 936,939
Prepaid expenses and other current assets 169,731 197,871 263,020
Total Current Assets 21,184,400 19,621,624 4,991,500
Non-Current Assets:      
Note receivable - former subsidiary 2,000,000 2,000,000 2,000,000
Fixed assets, net of depreciation   14,791
Intangible assets, net of amortization 1,000 1,000 101,281
Total Non-Current Assets 2,001,000 2,001,000 2,116,072
TOTAL ASSETS 23,185,400 21,622,624 7,107,572
Current Liabilities:      
Accounts payable 4,932,295 4,704,596 5,496,629
Accrued expenses 4,167,750 3,405,372 4,911,839
Derivative liabilities 5,279 5,433 10,489,606
Contingent consideration   418,455
Other current liabilities 316,920 255,648 22,971
Total Current Liabilities 13,747,072 12,022,810 23,767,491
Long-Term Liabilities:      
Total Long-Term Liabilities   1,953,842
Total Liabilities 13,747,072 12,022,810 25,721,333
Commitments and contingency
SHAREHOLDERS’ EQUITY      
Common stock, par value, $0.001, 1,000,000,000 and 300,000,000 shares authorized, 2,659,149 and 1,828,541 shares issued and outstanding as of July 31, 2024 and April 30, 2024, respectively 2,659 1,828 17
Additional paid in capital 180,920,634 176,801,473 132,994,320
Accumulated deficit (171,607,773) (167,387,028) (151,750,610)
Accumulated other comprehensive income 122,808 183,541 142,512
Total Stockholders’ Equity 9,438,328 9,599,814 (18,613,761)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 23,185,400 21,622,624 7,107,572
Nonrelated Party [Member]      
Current Liabilities:      
Accrued interest 676,285 25,387
Current portion of notes payable 1,561,295 1,564,513 1,484,647
Related Party [Member]      
Current Liabilities:      
Accrued interest 917,957 917,957 917,957
Current portion of notes payable $ 1,169,291 1,169,291
Long-Term Liabilities:      
Notes payable related parties, net of current portion   $ 1,953,842