Annual report pursuant to Section 13 and 15(d)

Warrants (Tables)

v3.21.2
Warrants (Tables)
12 Months Ended
Apr. 30, 2021
Stockholders' Equity Note [Abstract]  
Assumptions used to estimate fair value of warrants
    April 30, 2021
Expected volatility     86-89 %
Expected dividends     0 %
Expected term     4.42-5 Years  
Risk-free interest rate     0.29-0.61 %
Changes in warrants outstanding issued to non-employees of the Company
   

 

Number of Shares 

 

 

Weighted-average Exercise Price per Share

 

 

Weighted-average Remaining Contractual Term

(in years) 

 

 

Aggregate Intrinsic Value 

  Balance as of April 30, 2020 —       $              $     
  Granted       1,074,998       1.50              
  Exercised       (201,666 )     1.50            
  Outstanding as of April 30, 2021 873,332     $ 1.50       4.62     $ 2,218,263