Annual report pursuant to Section 13 and 15(d)

Note 17 ??? Share Based Awards (Tables)

v3.22.2
Note 17 – Share Based Awards (Tables)
 12 Months Ended
Apr. 30, 2022
Share-Based Payment Arrangement [Abstract]  
[custom:ScheduleOfAssumptionsUsed1TableTextBlock]
      2022       2021  
Exercise Price   $ 1.69 – 2.82     $ 2.01 – 3.95  
Stock price on date of grant     1.69 – 2.82       2.01 – 3.95  
Risk-free interest rate     0.47 – 1.91%       0.38 – 1.66%  
Dividend yield     —         —    
Expected term (years)      3.75 – 10.00       5.87 – 10.00  
Volatility      210.68 – 273.46%       88.60 – 91.44%  
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award [Table Text Block]
Options   Shares   Weighted-Average Exercise Price   Weighted-Average Remaining Contractual Term   Aggregate Intrinsic Value
                                 
Outstanding as of April 30, 2020     1,597,475     $ 1.10                  
Granted     600,000       3.63                  
Exercised     —         —                    
Forfeited or expired     —         —                    
Outstanding as of April 30, 2021     2,197,475     1.79       8.68        4,943,870   
Granted     1,681,000       2.58                  
Exercised     (150,000 )      2.49                  
Forfeited or expired     (34,333 )      2.11                  
Outstanding as of April 30, 2022     3,694,142     2.17       8.56     1,407,545  
Exercisable as of April 30, 2022     2,094,642     $ 1.90       7.91     $ 1,058,620  
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
Restricted Stock   Shares   Weighted Average Grant-Date Fair Value Per Share
Unvested and outstanding as of April 30, 2020     —       $ —    
Granted     1,000,000       2.69  
Vested     (312,500 )     2.69  
Forfeited     —         —    
Unvested and outstanding as of April 30, 2021     687,500       2.69  
Granted     995,659       2.55  
Vested     (599,484 )     2.64  
Forfeited     —         —    
Unvested and outstanding as of April 30, 2022     1,083,675     $ 2.59  
Schedule of Deferred Compensation Arrangement with Individual, Share-Based Payments [Table Text Block]
    2022   2021
General and administrative   $ 1,521,951     $ 1,688,025  
Research and development     516,456       1,269,987  
Operations     783,781       220,048  
Sales and marketing     469,447       210,156  
 Total   $ 3,291,635     $ 3,388,216