Note 18 – Share Based Awards
|9 Months Ended|
Jan. 31, 2023
|Share-Based Payment Arrangement [Abstract]|
|Note 18 – 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 range of assumptions used to calculate the fair value of options granted during the nine months ended January 31 was:
A summary of options activity under the Plan since April 30, 2021 was:
The aggregate intrinsic value of outstanding options represents the excess of the stock price at the indicated date over the exercise price of each option. As of January 31, 2023 and January 31, 2022, there was $3,052,603 and $3,762,636 of unrecognized stock-based compensation expense related to unvested stock options which is expected to be recognized over the weighted average periods of 2.22 and 1.64 years, respectively.
A summary of restricted stock activity under the Plan since April 30, 2021 was:
Stock compensation expense by functional category was:
Stock compensation expense pertaining to options totaled $1,308,768 and $974,019 for the nine months ended January 31, 2023 and 2022, respectively. Stock compensation expense pertaining to restricted stock units totaled $1,482,190 and $1,092,127 for the nine months ended January 31, 2023 and 2022, respectively.
The entire disclosure for share-based payment arrangement.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef
No definition available.