v3.22.2.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Cash Flows from Operating Activities    
Net loss $ (10,056,076) $ (4,298,373)
Stock based compensation - options 890,711 505,821
Stock based compensation - restricted units 1,111,556 778,202
Common stock issued for services 250,400
Amortization of intangible assets 219,790 32,651
Realized loss from sale of marketable securities 28,416
Depreciation 91,804 5,455
Change in fair value of derivative (593,822) (273,061)
Changes in operating assets and liabilities, net of acquisitions    
Accounts receivable (422,296) 27,002
Inventory (2,664,222) (319,124)
Other (2,098,555) (3,814,101)
Operating lease right-of-use assets and liabilities 23,487 10,887
Customer deposits (314,622) 8,753
Accounts payable 630,594 (976,679)
Accrued expenses (380,904) (505,340)
Net cash used in operating activities (13,534,139) (8,567,507)
Cash Flows from Investing Activities    
Cash acquired through acquisitions 24,866
Purchases of property and equipment (1,280,935) (30,147)
Proceeds from maturities of marketable securities 13,241,836 1,855,788
Purchases of marketable securities (49,978,445)
Net cash provided by (used in) investing activities 11,960,901 (48,127,938)
Cash Flows from Financing Activities    
Proceeds from exercise of warrants 99,999
Payments under related party obligations (40,057) (1,866,381)
Payments under debt obligations (340,766) (320,965)
Payments of taxes related to equity transactions (561,407)
Proceeds from issuance of common stock, net 70,065,203
Net cash (used in) provided by financing activities (928,826) 67,977,856
Net (decrease) increase in Cash (2,502,064) 11,282,411
Cash, beginning of period 4,084,815 277,347
Cash, end of period 1,582,751 11,559,758
Cash paid for interest 62,862 26,175
Cash paid for income taxes
Non-cash transactions    
Fair value of shares issued in acquisitions 12,727,292
Unrealized loss on marketable securities 217,229
Elimination of derivative liability 163,141
Indirect payment to related party 132,200
Shares withheld as payment of note receivable 18,449
Conversion of preferred stock into common stock 11,407
Taxes related to net share settlement of equity awards $ 9,448

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