Note 16 - Share Based Awards
|9 Months Ended|
Jan. 31, 2022
|Share-based Payment Arrangement [Abstract]|
|Note 16 - Share Based Awards||
The 2019 Equity Incentive Plan (the "Plan") allows us to incentivize key employees, consultants, and directors with long term compensation awards such as stock options, restricted stock, and restricted stock units (collectively, the "Awards"). The number of shares issuable in connection with Awards under the Plan may not exceed.
The aggregate intrinsic value of outstanding options represents the excess of the stock price at January 31, 2022 of $1.70 over the exercise price of each option. As of January 31, 2022 and April 30, 2021, there was $3,762,636 and $914,915 of unrecognized stock-based compensation expense related to unvested stock options which is expected to be recognized over the weighted average period of 1.64 years.
The table below sets forth the assumptions used to calculate the fair value of options granted during the three months ended January 31, 2022:
A summary of activity under the Plan since April 30, 2020 is as follows:
Stock compensation expense was as follows:
The entire disclosure for share-based payment arrangement.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef