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Summary of Significant Accounting Policies (Tables)
8 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedules of Concentration of Credit Risk

 

   December 31,   April 30, 
   2024   2024   2023 
Customer A   36%   -*     -*  
Customer B   17%   -*     -*  
Customer C   15%   -*     -*  
Customer D   -*     53%   20%
Customer E   -*     24%   -* 
Customer F   -*     -*     24%
Customer G   -*     -*     14%
Customer H   -*     -*     10%

 

*Accounts Receivable was less than 10%
Schedules of Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation

The Company calculated the estimated fair value of the convertible notes payable for the eight months ended December 31, 2024 using the following assumptions:

 

Issuance date   10/1/2024 - 11/26/2024 
Maturity date   10/1/2026 - 11/26/2026 
Stock price   3.0611.03 
Expected volatility factor   92.8103.2%
Risk-free interest rate   4.21 - 5.21%
Schedules of Changes in Convertible Notes Payable Measured at Fair Value

The following table presents changes in the Level 3 convertible notes payable measured at fair value for the eight months ended December 31, 2024:

 

      
Balance, May 1, 2024  $ 
Additions   13,456,000 
Fair value measurement adjustments   13,120,940 
Conversion into common stock   (26,576,940)
Balance, December 31, 2024  $ 
Schedules of Revenue Disaggregated by Revenue Type

The following table presents the Company’s revenue disaggregated by revenue type:

 

   December 31, 2024   2024   2023 
   For the Eight Months Ended   For the Year Ended April 30, 
   December 31, 2024   2024   2023 
Contract related  $886,440   $4,173,005   $1,312,427 
Product related   3,963,864    13,663,377    3,308,407 
Total  $4,850,304   $17,836,382   $4,620,834 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

 

   December 31, 2024   April 30, 2024   April 30, 2023 
Series B Preferred Stock, as converted   3,896    3,896    822,230 
Stock options   5,242,308    6,779,934    4,784,809 
Warrants   914,056    2,275,999    1,539,999 
Restricted stock   1,544,027    175,130    781,060 
Total   7,704,287    9,234,959    7,928,098