v3.25.2
Consolidated Balance Sheets - USD ($)
Apr. 30, 2025
Apr. 30, 2024
Assets:    
Cash and cash equivalents $ 289,428 $ 863,182
Accounts receivable net 78,649 134,849
Note receivable 20,000
Other receivables 1,200
Prepaid expenses 31,535 23,304
Total current assets 399,612 1,042,535
Deposits 6,300 6,300
Notes receivable - related parties 50,000 202,000
Purchased technology, net 14,697,529 14,733,005
Investment in affiliate 240,080
Equity securities 5,748,050 25,333,386
Total assets 20,901,491 41,557,306
Current liabilities:    
Accounts payable 2,941,108 793,325
Accrued expenses 269,971 310,300
Short-term promissory notes 263,437
Deferred revenue 330 466
Interest payable 100,797 92,483
Current portion of SBA loans 1,885,800 1,885,800
Loan payable - bank 34,324 34,324
Total current liabilities 5,495,767 3,116,698
Long-term liabilities:    
Long-term SBA loans, less current portion 500,000 500,000
Total liabilities 5,995,767 3,616,698
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.001 par value; 900,000,000 shares authorized, 2,192,226 and 326,867 shares issued and outstanding 2,192 327
Shares to be issued 200,000 122,124
Capital in excess of par value 42,525,294 37,338,594
Retained earnings (27,821,762) 479,563
Total stockholders’ equity 14,905,724 37,940,608
Total liabilities and stockholders’ equity $ 20,901,491 $ 41,557,306