INCOME TAXES (Tables)

12 Months Ended

Apr. 30, 2024

SCHEDULE OF NET DEFERRED TAX ASSETS

	2024			2023
Deferred tax assets:
Loss carryforwards	$	6,298,000		$	3,049,000
Stock options		7,606,000			8,454,000
Capital loss carryforward/Disposal		186,000			11,039,000
Related party accruals		1,013,000			1,001,000
Inventory reserve		63,000			133,000
Interest deferral		223,000			221,000
Start-up costs		66,000			81,000
Other		138,000			131,000
Valuation allowance		(15,593,000	)		(24,109,000	)
Net deferred tax assets	$	-		$	-

SCHEDULE OF INCOME TAX PROVISION

The income tax provision differs from the amount of income tax determined by applying the applicable statutory income tax rate to pretax loss due to the following for the years ended April 30, 2024 and 2023:

	2024			2023
Income tax benefit based on book loss at US statutory rate	$	2,808,000		$	(10,983,000	)
Share-based compensation and shares for services		-			-
Debt discount amortization		3,250,000			860,000
Related party accruals		(94,000	)		226,000
Stock options		-			(145,000	)
Interest expense		132,000			79,000
Depreciation		20,000			(18,000	)
Inventory reserve		(107,000	)		26,000
Interest deferral		-			(5,000	)
Acquisition costs		24,000			260,000
Accrued legal		-			(76,000	)
Loss on sale of capital assets		-			8,713,000
Accrued payroll		-			-
Change in fair value of derivatives		(1,603,000	)		481,000
Other		(274,000	)		40,000
Valuation allowance		1,460,000			542,000
Total income tax provision	$	-		$	-

ISRAEL

SCHEDULE OF NET DEFERRED TAX ASSETS

	2024			2023
Deferred tax assets:
Loss carryforwards	$	295,000		$	241,000
Start-up costs		-			-
Research and development costs		(113,000	)		(113,000	)
Valuation allowance		(182,000	)		(128,000	)
Net deferred tax assets	$	-		$	-

SCHEDULE OF INCOME TAX PROVISION

	2024			2023
Income tax provision (benefit) based on book income (loss) at Israeli statutory rate	$	(54,000	)	$	(54,000	)
Valuation allowance		54,000			54,000
Total income tax provision	$	-		$	-