v3.22.2.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Cash Flows from Operating Activities    
Net loss $ (3,811,599) $ (1,557,772)
Stock based compensation - options 458,023 187,494
Stock based compensation - restricted units 297,448 196,592
Common stock issued for services 192,000
Amortization of intangible assets 56,160 16,326
Realized loss from sale of marketable securities 10,675
Depreciation 28,272
Change in fair value of derivative 92,922 (154,248)
Changes in operating assets and liabilities, net of acquisitions    
Accounts receivable (434,299) 105,019
Inventory (688,966) (472,303)
Other (339,356) (1,996,858)
Operating lease right-of-use assets and liabilities 11,139
Customer deposits (204,415) 62,792
Accounts payable (81,335) (130,343)
Accrued expenses (208,484) (521,741)
Net cash used in operating activities (4,813,815) (4,073,042)
Cash Flows from Investing Activities    
Cash acquired through acquisitions 13,502
Purchases of property and equipment (544,942)
Proceeds from maturities of marketable securities 9,094,592
Purchases of marketable securities (889,943)
Net cash provided by investing activities 7,659,707 13,502
Cash Flows from Financing Activities    
Proceeds from exercise of warrants 99,999
Payments under related party obligations (2,861) (150,255)
Payments under debt obligations (212,789) (114,173)
Payments of taxes related to equity transactions (469,631)
Proceeds from issuance of common stock, net 70,065,203
Net cash (used in) provided by financing activities (685,281) 69,900,774
Net increase in Cash 2,160,611 65,841,234
Cash, beginning of period 4,084,815 277,347
Cash, end of period 6,245,426 66,118,581
Cash paid for interest 36,082 2,024
Cash paid for income taxes
Non-cash transactions    
Fair value of shares issued in acquisitions 2,631,640
Conversion of derivative liability 163,141
Unrealized gain on marketable securities 133,582
Indirect payment to related party 132,200
Shares withheld as payment of note receivable 18,449
Taxes related to net share settlement of equity awards 15,982
Conversion of preferred stock into common stock $ 9,820

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