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STOCKHOLDERS’ EQUITY (Tables)
9 Months Ended
Jan. 31, 2022
Equity [Abstract]  
SCHEDULE OF STOCK OPTION ACTIVITY

The following is a summary of the Company’s stock option activity during the nine months ended January 31, 2022:

 

   Number of
Options
   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Contractual
Life
(Years)
 
Balance at April 30, 2021   95,000   $14.63    1.57 
Granted   58,060    6.93    5.00 
Exercised            
Forfeited            
Cancelled   (5,000)   13.40     
Balance at January 31, 2022   148,060    11.65    2.46 
                
Options exercisable at end of period   128,410   $13.44      
Options expected to vest   19,650   $6.93      
Weighted average fair value of options granted during the period       $4.52      
SCHEDULE OF STOCK OPTION

 

   For the
Nine Months Ended
January 31, 2022
 
Risk free interest rate   1.53%
Dividend yield   0.00%
Expected volatility   82%
Contractual term (in years)   5.0 
Forfeiture rate   0.00%
SCHEDULE OF STOCK WARRANT ACTIVITY

A summary of the Company’s outstanding warrants to purchase shares of common stock as of January 31, 2022 and changes during the period ended as presented below:

 

   Number of Warrants   Weighted Average
Exercise
Price
   Weighted Average Remaining Contractual
Life
(Years)
 
Warrants with no Class designation:               
Balance at April 30, 2021   1,428,794   $12.00    4.08 
Granted            
Exercised            
Forfeited   (170,235)   31.25     
Canceled            
Balance at January 31, 2022   1,258,559    9.40    3.92 
Class A Warrants:               
Balance at April 30, 2021   109,687    11.40    3.22 
Granted            
Exercised            
Forfeited            
Canceled            
Balance at January 31, 2022   109,687    11.40    2.47 
Total Warrants Outstanding at January 31, 2022   1,368,246   $9.56    3.80 
Warrants exercisable at end of period   1,368,246   $9.56      
Weighted average fair value of warrants granted during the period       $