Annual report pursuant to Section 13 and 15(d)

Note 17 ??? Share Based Awards (Tables)

v3.23.2
Note 17 – Share Based Awards (Tables)
 12 Months Ended
Apr. 30, 2023
Share-Based Payment Arrangement [Abstract]  
[custom:ScheduleOfAssumptionsUsed1TableTextBlock]
      2023       2022  
Exercise Price   $ 0.89 – 2.38     $ 1.69 – 2.82  
Stock price on date of grant     0.89 – 2.38       1.69 – 2.82  
Risk-free interest rate     3.34 – 4.18%     0.47 – 1.91%  
Dividend yield     —         —    
Expected term (years)     6.25 – 8.25       3.75 – 10.00  
Volatility     245.57 – 260.06%     210.68 – 273.46%  
Disclosure of Share-Based Compensation Arrangements by Share-Based Payment Award [Table Text Block]
  Shares   Weighted-Average Exercise Price   Weighted-Average Remaining Contractual Term   Aggregate Intrinsic Value
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   
Granted     1,503,500       1.40                  
Exercised     —         —                    
Forfeited or expired     (412,833 )      2.67                  
Outstanding as of April 30, 2023     4,784,809     1.88       8.72     74,586  
Exercisable as of April 30, 2023     3,025,184     $ 2.00       7.25     $ 74,586  
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
  Shares   Weighted Average Grant-Date Fair Value Per Share
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  
Granted     780,884       2.14  
Vested     (1,062,372 )     2.42  
Forfeited     (21,127 )     2.13  
Unvested and outstanding as of April 30, 2023     781,060     $ 2.44  
Schedule of Deferred Compensation Arrangement with Individual, Share-Based Payments [Table Text Block]
    2023   2022
General and administrative   $ 1,608,715     $ 1,521,951  
Research and development     692,947       516,456  
Operations     788,909       783,781  
Sales and marketing     566,153       469,447  
 Total   $ 3,656,724     $ 3,291,635