v3.25.2
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Apr. 30, 2025
Apr. 30, 2024
OPERATING ACTIVITIES    
Net loss $ (28,301,325) $ (4,986,317)
Adjustment to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 757,484 1,324,917
Receipt of equity in lieu of cash (72,090) (3,427,699)
Unrealized (gain) loss on equity securities (18,050) 2,696,135
Provision for bad debts 178,534 267,500
Accretion of short-term notes 6,937
Changes in deferred taxes (1,657,000)
Amortization of intangible assets 35,476 93,862
Impairment of assets 19,915,556 1,048,430
Changes in non-cash working capital balances:    
Accounts receivable 52,066 (293,849)
Prepaid expenses (8,231) (4,878)
Other receivables (1,200) (1,200)
Accounts payable and accrued expenses 2,107,454 240,229
Income taxes payable (174,000)
Deferred revenue (136) (195)
Accrued interest payable 8,314 (5,773)
Net cash used in operating activities (5,339,211) (4,879,838)
INVESTING ACTIVITIES    
Note receivable (20,000)
Net cash used in investing activities (20,000)
FINANCING ACTIVITIES    
Payment to secured lender (350,000)
Proceeds from exercise of warrants 2,529,957 4,968
Proceeds from short-term notes 256,500
Proceeds from sale of common stock 1,979,000 5,538,611
Net cash provided by financing activities 4,765,457 5,193,579
Net increase (decrease) in cash (573,754) 293,741
Cash and cash equivalents, beginning of the period 863,182 569,441
Cash and cash equivalents, end of the period 289,428 863,182
Supplemental disclosure of cash flow information:    
Cash paid for taxes
Cash paid for interest 32,852 50,265
Supplemental Non-Cash Financing Information:    
Common stock issued to pay related party payable 90,204
Common stock issued to purchase 10% interest in Caesar Media Group Inc. $ 366,377