Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.21.2
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     $ 15 684,186   684,200
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) (531,022) 16,778,683      
Conversion of Preferred Stock, amount $ (19,604) $ (5,310) $ 16,779 8,135  
Exercise of warrants, shares     469,874      
Exercise of warrants, amount     $ 470 151,769   152,239
Merger with Rotor Riot, shares     2,219,650      
Merger with Rotor Riot, amount     $ 2,220 1,817,893   1,820,113
Stock based compensation, amount       269,895   269,895
Shares Issued for Services, shares     151,570      
Shares Issued for Services, amount     $ 152 273,848   274,000
Net Loss         (1,601,931) (1,601,931)
Ending balance, shares at Apr. 30, 2020 208,704 3,681,623 20,011,091      
Ending balance, amount at Apr. 30, 2020 $ 2,087 $ 36,816 $ 20,011 4,043,837 (2,573,753) 1,528,998
Conversion of Debt, shares     1,857,935      
Conversion of Debt, amount     $ 1,858 6,336,768   6,338,626
Conversion of Preferred Stock, shares (50,000) (1,712,947) 1,843,956      
Conversion of Preferred Stock, amount $ (500) $ (17,129) $ 1,844 15,785  
Exercise of warrants, shares     178,509      
Exercise of warrants, amount     $ 178 895,376   895,554
Acquisition of Fat Shark, shares     5,227,273      
Acquisition of Fat Shark, amount     $ 5,227 6,345,849   6,351,076
Stock based compensation, shares     312,500      
Stock based compensation, amount     $ 313 3,387,903   3,388,216
Net Loss         (13,236,175) (13,236,175)
Ending balance, shares at Apr. 30, 2021 158,704 1,968,676 29,431,264      
Ending balance, amount at Apr. 30, 2021 $ 1,587 $ 19,687 $ 29,431 $ 21,025,518 $ (15,809,928) $ 5,266,295