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EARNINGS PER SHARE (Tables)

9 Months Ended

Jan. 31, 2025

Earnings Per Share [Abstract]

Schedule of basic and diluted earnings (loss) per share

Schedule of basic and diluted earnings (loss) per share
		Three Months Ended January 31,
		2025				2024
Earnings per share
Net loss		$	(3,045,328	)		$	(619,537	)
Less: Accretion of discounts to redemption of Series B convertible preferred stock			–				(4,219,069	)
Less: Series B convertible preferred stock dividends			–				(781,507	)
Less: Allocation of undistributed income to Series B convertible preferred stock			–				–
Net loss attributable to common stockholders		$	(3,045,328	)		$	(5,620,113	)
Weighted average shares outstanding used in basic and diluted earnings per share			6,960,014				8,606,957
Net loss per share basic and diluted		$	(0.44	)		$	(0.65	)

		Nine Months Ended January 31,
		2025				2024
Earnings per share
Net income (loss)		$	18,906,468			$	(1,012,938	)
Less: Accretion of discounts to redemption of Series B convertible preferred stock			(3,193,404	)			(11,995,681	)
Less: Series B convertible preferred stock dividends			(1,129,759	)			(1,688,242	)
Less: Allocation of undistributed income to Series B convertible preferred stock			(2,067,733	)			–
Undistributed income (loss) available to common stockholders		$	12,515,572			$	(14,696,861	)
Weighted average shares outstanding used in basic earnings per share			7,487,813				9,991,326
Net income (loss) per share basic and diluted		$	1.67			$	(1.47	)

Schedule of potentially dilutive securities

Schedule of potentially dilutive securities
		Three and Nine Months Ended January 31,
		2025				2024
Excluded options			917,697				779,794
Excluded warrants			18,570,847				18,570,847
Total excluded options and warrants			19,488,544				19,350,641

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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