XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Jul. 31, 2022
Jul. 31, 2021
CASH FLOW FROM OPERTING ACTIVIITES    
Net loss $ (4,266,431) $ (3,435,312)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization expense 267,325 41,169
Change in fair value of derivartive liability (3,565,273) (4,327,344)
Shares and warrants issued for services 35,250 618,554
Share-based compensation 277,625 187,803
Loss on extinguishment of debt 5,118,435
Amortization of debt discounts 2,872,222 21,216
Changes in assets and liabilities, net of acquired amounts    
Accounts receivable 59,891 235,886
Inventories 970,026 (1,478,547)
Prepaid inventory (1,009,926)
Contract assets 45,896
Right of use assets - operating leases 67,580
Prepaid expenses and other current assets 367,270 (685,519)
Accounts payable and accrued expenses 861,028 2,403,191
Contract liabilities (191,366) 1,139,552
Lease liability - operating leases (89,454)
Other current liabilities (218,992)
Accrued interest 150,881
Accrued interest - related parties 61,120 56,233
Total adjustments 961,103 3,330,629
Net cash used in operating activities (3,305,328) (104,683)
CASH FLOWS FROM INVESTING ACTIVITIES    
Note receivable issuance (300,000)
Net cash used in investing activities (300,000)
CASH FLOWS FROM FINANCING ACTIVITES    
Proceeds from issuance of common stock for cash 4,195,000
Proceeds from related party notes payable 925,000 500,000
Payments of notes payable - related parties (15,386)
Payments of notes payable (1,698,485)
Net cash provided by financing activities 3,406,129 500,000
Effect of exchange rate fluctuations on cash and cash equivalents 67,357 (10,804)
NET (DECREASE) INCREASE IN CASH AND RESTRICTED CASH 168,158 84,513
CASH AND RESTRICTED CASH - BEGINNING OF PERIOD 1,581,084 928,796
CASH AND RESTRICTED CASH - END OF PERIOD 1,749,242 1,013,309
CASH PAID DURING THE PERIOD FOR:    
Interest expense 50,833
Income taxes 2,817
SUPPLEMENTAL INFORMATION - NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Shares issued in connection with acquisition 3,550,000
Conversion of convertible notes payable and accrued interest to common stock 14,046,300 6,220,003
Shares issued for contingent consideration $ 915,545