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Consolidated Balance Sheets - USD ($)
Oct. 31, 2021
Apr. 30, 2021
Apr. 30, 2020
Current assets      
Cash and cash equivalents $ 1,747,661 $ 928,796 $ 79,847
Accounts receivable, net 846,529 762,487
Inventories, net 8,578,431 3,693,216 919,644
Prepaid expenses and other current assets   200,160 381,510
Prepaid inventory 475,913 140,047  
Loan and interest receivable 1,435,219  
Prepaid expenses and other current assets 110,970 60,113  
Total current assets 13,194,723 5,584,659 1,381,001
Goodwill 1,240,000  
Intangible asset, net 2,290,895 112,853
Total assets 16,725,618 5,697,512 1,381,001
Current liabilities      
Accounts payable and accrued expenses 5,306,355 2,050,476 1,108,488
Accrued payroll and bonuses 1,210,805 1,283,464 257,730
Deferred revenue 71,242 99,531 179,366
Accrued interest - related party 821,925 747,636 138,967
Notes payable - related party, net 6,143,223 2,100,000
Convertible notes payable, net 2,627,778 82,128
Derivative liabilities 14,870,050 13,813,449 620,238
Total current liabilities 24,908,155 24,137,779 4,486,917
Long-term liabilities      
Long-term portion of convertible notes payable, net   1,493,939
Notes payable, net 10,477 393,975
Total liabilities 24,908,155 24,148,256 6,374,831
Shareholders’ deficit      
Common stock, $0.001 par value, 300,000,000 shares authorized, 27,642,828 and 24,749,354 shares issued and outstanding as of April 30, 2021 and 2020, respectively; 6,921,299 and 8,137,859 shares issuable as of April 30, 2021 and 2020, respectively 41,870 27,643 24,749
Additional paid-in capital 62,871,881 10,365,056 5,214,970
Accumulated other comprehensive loss (12,346) (20,170) (5,036)
Accumulated deficit (71,083,942) (28,823,273) (10,228,513)
Total shareholders’ deficit (8,182,537) (18,450,744) (4,993,830)
Total liabilities and shareholders’ deficit $ 16,725,618 $ 5,697,512 $ 1,381,001