Quarterly report pursuant to Section 13 or 15(d)

Note 18 ??? Derivatives (Tables)

v3.22.2.2
Note 18 – Derivatives (Tables)
 3 Months Ended
Jul. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
[custom:ScheduleOfAssumptionsUsed2TableTextBlock]
      July 31, 2022       April 30, 2022  
Risk-free interest rate     2.83%       0.52 – 2.87%  
Expected dividend yield     —         —    
Expected term (in years)      3.17 – 3.50       3.42 – 4.50  
Expected volatility      225.77 – 235.23%       211.02 – 292.28%  
Schedule of Derivative Liabilities at Fair Value [Table Text Block]
    July 31, 2022   April 30, 2022
Balance, beginning of period   $ 1,607,497     $ 2,812,767  
Additions     —         —    
Eliminated upon conversion of notes/exercise of warrants     —         (163,141 )
Changes in fair value     92,922       (1,042,129 )
Balance, end of period   $ 1,700,419     $ 1,607,497  

 

Changes in fair value primarily relate to changes in the Company’s stock price during the period with increases in the stock price increasing the liability and decreases in the stock price reducing the liability.