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Condensed Balance Sheets - USD ($)
Jul. 31, 2024
Apr. 30, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 4,339,778 $ 5,807,648
Inventory, net 643,039 629,179
Prepaid expenses 387,974 183,704
Other current assets 40,374 40,374
Deferred offering costs 663,490 692,988
Total current assets 6,074,655 7,353,893
Property and equipment, net 86,127 97,991
Intangible assets, net 1,590,079 1,589,246
Right-of-use assets, net 440,529 461,983
TOTAL ASSETS 8,191,390 9,503,113
CURRENT LIABILITIES    
Accounts payable 396,506 448,183
Accrued expenses 331,098 398,331
Accrued interest expense 291,340 268,813
Operating lease liabilities 106,402 102,293
Notes payable, current 0 500,000
Other current liabilities 226,343 34,147
Total current liabilities 1,351,689 1,751,767
LONG-TERM LIABILITIES    
Notes payable 500,000 0
Operating lease liabilities, long-term 405,743 434,045
Total long-term liabilities 905,743 434,045
TOTAL LIABILITIES 2,257,432 2,185,812
COMMITMENTS AND CONTINGENCIES (NOTE 2, 4-6, and 8)
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value, 500,000,000 shares authorized; 906,416 shares issued and outstanding as of July 31, 2024 and 676,598 shares issued and outstanding as of April 30, 2024. 907 677
Additional paid-in capital 75,346,766 74,678,650
Accumulated deficit (69,414,095) (67,362,406)
TOTAL STOCKHOLDERS' EQUITY 5,933,958 7,317,301
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 8,191,390 9,503,113
Series A, B and C Convertible Preferred Stock    
STOCKHOLDERS' EQUITY    
Series A, B, and C convertible preferred stock, $0.001 par value, 20,000,000 shares authorized and 620,000 designated; 380,440 shares issued and outstanding as of July 31, 2024 and April 30, 2024. $ 380 $ 380