Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.21.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Series A Preferred Stock
Series B Preferred Stock
Common stock
Additional Paid in Capital
Accumulated Deficit
Total
Beginning balance, shares at Apr. 30, 2019 179,292      
Beginning balance, amount at Apr. 30, 2019 $ 179 $ 784,371 $ (971,822) $ (187,272)
Issuance of common stock, shares     15,355      
Issuance of common stock, amount     $ 15 684,685 684,699
Share Exchange Agreement, shares 2,169,068 4,212,645 196,667      
Share Exchange Agreement, amount $ 21,691 $ 42,126 $ 197 53,740 117,754
Conversion of Preferred Stock, shares (1,960,364) (240,000) 16,536,164      
Conversion of Preferred Stock, amount $ (19,604) $ (2,400) $ 16,536 5,467
Shares Issued for Services, shares     1,570      
Shares Issued for Services, amount     $ 2 69,998 70,000
Net Loss (321,502) (321,502)
Ending balance, shares at Jul. 31, 2019 208,704 3,972,645 16,929,048      
Ending balance, amount at Jul. 31, 2019 $ 2,087 $ 39,726 $ 16,929 1,598,261 (1,293,324) 363,679
Beginning balance, shares at Apr. 30, 2019 179,292      
Beginning balance, amount at Apr. 30, 2019 $ 179 784,371 (971,822) (187,272)
Exercise of warrants, amount           152,239
Stock based compensation           161,529
Net Loss           (976,242)
Ending balance, shares at Jan. 31, 2020 208,704 3,681,623 19,861,091      
Ending balance, amount at Jan. 31, 2020 $ 2,087 $ 36,816 $ 19,861 3,732,120 (1,948,064) 1,842,820
Beginning balance, shares at Jul. 31, 2019 208,704 3,972,645 16,929,048      
Beginning balance, amount at Jul. 31, 2019 $ 2,087 $ 39,726 $ 16,929 1,598,261 (1,293,324) 363,679
Stock based compensation       12,067 12,067
Net Loss (216,121) (216,121)
Ending balance, shares at Oct. 31, 2019 208,704 3,972,645 16,929,048      
Ending balance, amount at Oct. 31, 2019 $ 2,087 $ 39,726 $ 16,929 1,610,328 (1,509,445) 159,625
Exercise of warrants, shares     469,874      
Exercise of warrants, amount     $ 470 151,769 152,239
Conversion of Preferred Stock, shares   (291,022) 242,519      
Conversion of Preferred Stock, amount   $ (2,910) $ 243 2,668
Merger with Rotor Riot, shares     2,219,650      
Merger with Rotor Riot, amount     $ 2,220 1,817,893 1,820,113
Stock based compensation       149,462 149,462
Net Loss (438,619) (438,619)
Ending balance, shares at Jan. 31, 2020 208,704 3,681,623 19,861,091      
Ending balance, amount at Jan. 31, 2020 $ 2,087 $ 36,816 $ 19,861 3,732,120 (1,948,064) 1,842,820
Beginning balance, shares at Apr. 30, 2020 208,704 3,681,623 20,011,091      
Beginning balance, amount at Apr. 30, 2020 $ 2,087 $ 36,816 $ 20,011 4,043,837 (2,573,753) 1,528,998
Stock based compensation       107,061 107,061
Net Loss (383,244) (383,244)
Ending balance, shares at Jul. 31, 2020 208,704 3,681,623 20,011,091      
Ending balance, amount at Jul. 31, 2020 $ 2,087 $ 36,816 $ 20,011 4,150,898 (2,956,997) 1,252,815
Beginning balance, shares at Apr. 30, 2020 208,704 3,681,623 20,011,091      
Beginning balance, amount at Apr. 30, 2020 $ 2,087 $ 36,816 $ 20,011 4,043,837 (2,573,753) 1,528,998
Exercise of warrants, amount          
Stock based compensation           1,068,317
Net Loss           (10,089,785)
Ending balance, shares at Jan. 31, 2021 158,704 2,726,882 27,160,926      
Ending balance, amount at Jan. 31, 2021 $ 1,587 $ 27,269 $ 27,161 11,961,152 (12,663,538) (646,369)
Beginning balance, shares at Jul. 31, 2020 208,704 3,681,623 20,011,091      
Beginning balance, amount at Jul. 31, 2020 $ 2,087 $ 36,816 $ 20,011 4,150,898 (2,956,997) 1,252,815
Conversion of Debt, shares     710,444      
Conversion of Debt, amount     $ 711 494,314 495,025
Stock based compensation       107,061 107,061
Net Loss (722,281) (722,281)
Ending balance, shares at Oct. 31, 2020 208,704 3,681,623 20,721,535      
Ending balance, amount at Oct. 31, 2020 $ 2,087 $ 36,816 $ 20,722 4,752,273 (3,679,278) 1,132,620
Acquisition of Fat Shark, shares     5,227,273      
Acquisition of Fat Shark, amount     $ 5,227 6,345,849 6,351,076
Conversion of Preferred Stock, shares (50,000) (954,741) 1,212,118      
Conversion of Preferred Stock, amount $ (500) $ (9,547) $ 1,212 8,835
Stock based compensation       854,195 854,195
Net Loss (8,984,260) (8,984,260)
Ending balance, shares at Jan. 31, 2021 158,704 2,726,882 27,160,926      
Ending balance, amount at Jan. 31, 2021 $ 1,587 $ 27,269 $ 27,161 $ 11,961,152 $ (12,663,538) $ (646,369)