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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Jul. 31, 2022

Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]

SCHEDULE OF INVENTORY

 SCHEDULE OF INVENTORY

		July 31, 2022				April 30, 2022
Finished Goods		$	5,434,785			$	4,397,098
Component/Replacement Parts			965,122				2,559,848
Capitalized Duty/Freight			906,196				1,328,198
Inventory Reserve			(100,000	)			(100,000	)
Total		$	7,206,103			$	8,185,144

SCHEDULE OF DERIVATIVE LIABILITIES

The Company’s derivative liabilities were calculated using Level 2 assumptions on the issuance and balance sheet dates via a Black-Scholes option pricing model and consisted of the following ending balances and gain amounts as of and for the three months ended July 31, 2022:

 SCHEDULE OF DERIVATIVE LIABILITIES

						(Gain) loss for three months
Note derivative is related to		July 31, 2022 ending balance				ended July 31, 2022
4/11/21 conversion of 12/24/20 note payable		$	1,396,546			$	(1,269,417	)
8/6/21 convertible notes			324,432				(2,388,902	)
6/17/22 underwriter warrants			35,306				(29,176	)
Total		$	1,756,284			$	(3,687,495	)

SCHEDULE OF WARRANTS GRANTED VALUATION USING BLACK-SCHOLES PRICING METHOD

The Black-Scholes option pricing model assumptions for the derivative liabilities during the three months ended July 31, 2022 and year ended April 30, 2022 consisted of the following:

 SCHEDULE OF WARRANTS GRANTED VALUATION USING BLACK-SCHOLES PRICING METHOD

		Three Months Ended July 31, 2022				Year Ended April 30, 2022
Expected life in years			4-4.3 years				1.95-4.3 years
Stock price volatility			50 - 148	%			50	%
Risk free interest rate			2.90%-3.27	%			2.67%-2.90	%
Expected dividends			0	%			0	%

Warrant [Member]

Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]

SCHEDULE OF WARRANTS GRANTED VALUATION USING BLACK-SCHOLES PRICING METHOD

The warrants granted during the three months ended July 31, 2022 and year ended April 30, 2022 were valued using a Black-Scholes option pricing model on the date of grant using the following assumptions:

 SCHEDULE OF WARRANTS GRANTED VALUATION USING BLACK-SCHOLES PRICING METHOD

		Three Months Ended July 31, 2022				Year Ended April 30, 2022
Expected life in years			5 – 10 years				5 – 10 years
Stock price volatility			50% - 148	%			50% - 148	%
Risk free interest rate			2.50% - 3.50	%			0.77% - 1.63	%
Expected dividends			0	%			0	%

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