Note 19 – Related-Party Transactions |
12 Months Ended |
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Apr. 30, 2023 | |
| Related Party Transactions [Abstract] | |
| Note 19 – Related-Party Transactions |
Note 19 – Related-Party Transactions
In July 2021, the Company entered into a consulting agreement with a director resulting in monthly payments of $6,000. In addition, the Company issued 150,000 options to purchase common stock at $2.51 which vested quarterly over the one-year term of the agreement. In January 2022, the agreement was amended to increase the monthly payments to $10,000. The agreement expired in June 2022.
In January 2022, the Company entered into a note agreement with an employee in the principal amount of $510,323, as further described in Note 6.
Additional related party transactions are disclosed in Note 12.
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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