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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended 15 Months Ended
Apr. 30, 2024
Jul. 31, 2024
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]    
SCHEDULE OF INVENTORY

   April 30, 2024   April 30, 2023 
Finished Goods  $995,533   $1,509,985 
Component/Replacement Parts   770,737    1,712,553 
Capitalized Duty/Freight   26,171    517,228 
Inventory Reserve   (183,245)   (550,000)
Total  $1,609,196   $3,189,766 

SCHEDULE OF INVENTORY 

  July 31, 2024   April 30, 2024 
Finished Goods $1,845,255   $995,533 
Component/Replacement Parts  (240,290)   770,737 
Capitalized Duty/Freight  90,882    26,171 
Inventory Reserve  (35,000)   (183,245)
Total $1,660,847   $1,609,196 
SCHEDULE OF DERIVATIVE LIABILITIES

Note derivative is related to 

April 30, 2024

balance

  

(Gain) loss for the year ended
April 30, 2024

 
8/6/21 warrants  $4,898   $(97,026)
6/17/22 underwriter warrants   535    (5,996)
9/30/22 warrants issued with common stock   -    (16,484,486)
1/6/2023 warrants issued with note payable   -    (2,720,053)
10/11/2023 warrants issued with note payable   -    (46,909)
12/7/2023 warrants issued with note payable   -    11,718,858 
Total  $5,433   $(7,635,612)

 

The Company’s derivative liabilities were calculated using Level 2 assumptions on the issuance and balance sheet dates via a Black-Scholes option pricing model and consisted of the following ending balances and gain amounts as of and for the year ended April 30, 2023:

 

Note derivative is related to 

April 30, 2023

ending balance

   (Gain) loss for the year ended
April 30, 2023
 
4/11/21 profit guaranty  $1,456,854   $395,304 
8/6/21 convertible notes   101,924    (2,611,410)
6/17/22 underwriter warrants   6,531    (57,951)
Other derivative liabilities eliminated in uplist   -    (1,604,413)
9/30/22 warrants issued with common stock   6,109,559    (6,170,728)
1/6/2023 warrants issued with note payable   2,814,738    (900,819)
Total  $10,489,606   $(10,950,017)

SCHEDULE OF DERIVATIVE LIABILITIES 

Note derivative is related to 

July 31, 2024

balance

  

(Gain) loss for the

three months

ended July 31, 2024

 
8/6/21 convertible notes  $4,716   $182 
6/17/22 underwriter warrants   563    (28)
Total  $5,279   $154 
SCHEDULE OF WARRANTS GRANTED VALUATION USING BLACK-SCHOLES PRICING METHOD

   Year Ended
April 30, 2024
   Year Ended
April 30, 2023
 
Expected life in years   2.5 -10 years    3.25-10 years 
Stock price volatility   150%   50 - 150 %   
Risk free interest rate   4.08-5.37 %    2.90%-4.34 %   
Expected dividends   0%   0%

The Black-Scholes option pricing model assumptions for the derivative liabilities during the periods ended July 31, 2024 and 2023 consisted of the following:

 

SCHEDULE OF DERIVATIVE AND WARRANTS GRANTED VALUATION USING BLACK-SCHOLES PRICING METHOD 

  

Period Ended

July 31, 2024

  

Period Ended

July 31, 2023

 
Expected life in years  23.98 years   0.7-10 years  
Stock price volatility   150%   150 %
Risk free interest rate   4.60%   4.08%-5.37 %
Expected dividends   0%   0 %

 

Warrant [Member]    
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]    
SCHEDULE OF WARRANTS GRANTED VALUATION USING BLACK-SCHOLES PRICING METHOD

  

Year Ended

April 30, 2024

 

Year Ended

April 30, 2023

Expected life in years   5-10 years    5 - 10 years 
Stock price volatility   150%   50% - 150% 
Risk free interest rate   4.59%   2.50% - 4.68% 
Expected dividends   0%   0%

The warrants granted during the periods ended July 31, 2024 and 2023 were valued using a Black-Scholes option pricing model on the date of grant using the following assumptions:

 

SCHEDULE OF WARRANTS GRANTED VALUATION USING BLACK-SCHOLES PRICING METHOD 

    

Period Ended

July 31, 2024

    

Period Ended

July 31, 2023

 
Expected life in years   - years    - years 
Stock price volatility   -%   -%
Risk free interest rate   -%   -%
Expected dividends   -%   -%