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ACQUISITIONS AND BUSINESS COMBINATIONS (Tables) | 12 Months Ended
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Apr. 30, 2022
Business Acquisition [Line Items] |
SCHEDULE OF PROFORMA FINANCIAL INFORMATION | The following pro forma financial information presents the results of operations of the Company as of the year ended April 30, 2022 and 2021, as if the acquisitions of PlaySight and Gameface had occurred as of the beginning of the first period presented instead of February 2022. The pro forma financial information (in thousands) of the Company as of the years ended April 30, 2022 and 2021 is as follows: SCHEDULE OF PROFORMA FINANCIAL INFORMATION
|  | Reported |  |  | Proforma |  |  | Reported |  |  | Proforma |
|  | For the For the Years Ended April 30, |
|  | 2022 |  |  | 2021 |
|  | Reported |  |  | Proforma |  |  | Reported |  |  | Proforma |
Revenues |  | $ | 16,831 |  |  | $ | 21,236 |  |  | $ | 10,804 |  |  | $ | 16,424 |
Loss from operations |  |  | (51,928 | ) |  |  | (57,372 | ) |  |  | (3,933 | ) |  |  | (11,350 | )
Net loss |  | $ | (51,774 | ) |  | $ | (48,011 | ) |  | $ | (18,595 | ) |  | $ | (31,333 | )
Basic and diluted earnings (loss) per share |  | $ | (13.44 | ) |  | $ | (12.46 | ) |  | $ | (6.96 | ) |  | $ | (11.73 | )
Foundation Sports [Member] |
Business Acquisition [Line Items] |
SCHEDULE OF ASSETS ACQUIRED AND LIABILITY ASSUMED | SCHEDULE OF ASSETS ACQUIRED AND LIABILITY ASSUMED
Consideration transferred: |  |  |
Equity consideration |  | $ | 3,550,000 |
Total Purchase Price |  | $ | 3,550,000 |
Description |  | Fair Value |
Assets acquired: |  |  |  |
Trade name |  | $ | 70,000 |
Internally developed software |  |  | 100,000 |
Customer relationships |  |  | 950,000 |
Total assets acquired |  |  | 1,120,000 |
Fair value of net assets acquired |  | $ | 1,120,000 |
Goodwill |  | $ | 2,430,000 |
Gameface Ltd [Member] |
Business Acquisition [Line Items] |
SCHEDULE OF ASSETS ACQUIRED AND LIABILITY ASSUMED | SCHEDULE OF ASSETS ACQUIRED AND LIABILITY ASSUMED
Consideration transferred: |  |  |
Contingent consideration |  | $ | 1,334,000 |
Seller note payable |  |  | 500,000 |
Seller’s liability assumed |  |  | 9,700,000 |
Total Purchase Price |  | $ | 11,534,000 |
Description |  | Fair Value |
Assets acquired: |  |  |  |
Cash and cash equivalents |  | $ | 125,659 |
Prepaid expenses and other receivables |  |  | 38,972 |
Property, plant and equipment |  |  | 39,888 |
Other non-current assets |  |  | 81,921 |
Intangible asset - Tradename |  |  | 270,000 |
Intangible asset - Internally developed software |  |  | 580,000 |
Intangible asset - Customer relationships |  |  | 3,930,000 |
Total assets acquired |  | $ | 5,066,440 |
Liabilities assumed: |  |  |  |
Accounts payable |  | $ | 88,712 |
Contract liabilities |  |  | 50,728 |
Provisions |  |  | 90,388 |
Other liabilities |  |  | 83,805 |
Total liabilities assumed |  |  | 313,633 |
Fair value of net assets acquired |  | $ | 4,752,807 |
Goodwill |  | $ | 6,781,193 |
Play Sight Interactive Ltd [Member] |
Business Acquisition [Line Items] |
SCHEDULE OF ASSETS ACQUIRED AND LIABILITY ASSUMED | SCHEDULE OF ASSETS ACQUIRED AND LIABILITY ASSUMED
Consideration transferred: |  |  |
Contingent consideration |  | $ | 4,847,000 |
Seller’s note |  |  | 2,200,000 |
Equity consideration |  |  | 37,750,000 |
Total |  | $ | 44,797,000 |
Description |  | Fair Value |
Assets acquired: |  |  |  |
Cash and cash equivalents |  | $ | 351,000 |
Restricted cash |  |  | 155,000 |
Accounts receivable, net |  |  | 347,000 |
Prepaid expenses and other current assets |  |  | 294,000 |
Inventories, net |  |  | 521,000 |
Contract assets |  |  | 277,000 |
Fixed assets, net |  |  | 129,000 |
Operating lease right-of-use asset |  |  | 262,000 |
Contract assets, net of current portion |  |  | 219,000 |
Finished products used in operations, net |  |  | 4,749,000 |
Intangible asset - Tradename |  |  | 1,700,000 |
Intangible asset - Internally developed software |  |  | 2,430,000 |
Intangible asset - Customer relationships |  |  | 15,590,000 |
Total assets acquired |  | $ | 27,024,000 |
Liabilities assumed: |  |  |  |
Accounts payable |  | $ | 1,126,000 |
Accrued expenses |  |  | 1,800,000 |
Contract liabilities |  |  | 2,534,000 |
Operating lease liability, current portion |  |  | 257,000 |
Contract liabilities, net of current portion |  |  | 1,311,000 |
Notes payable, net |  |  | 1,061,000 |
Total liabilities assumed |  |  | 8,089,000 |
Fair value of net assets acquired |  | $ | 18,935,000 |
Goodwill |  | $ | 25,862,000 |

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