Quarterly report pursuant to Section 13 or 15(d)

Common Stock, Preferred Stock and Warrants (Tables)

v3.20.4
Common Stock, Preferred Stock and Warrants (Tables)
6 Months Ended
Oct. 31, 2020
Stockholders' Equity Note [Abstract]  
Assumptions used to estimate fair value of warrants
    October 31, 2020
Expected volatility     89-95 %
Expected dividends     0 %
Expected term     4.92-5 Years  
Risk-free interest rate     0.27-0.29 %
Changes in warrants outstanding issued to non-employees of the Company
   

 

Number of Warrants

 

 

 

Weighted Average Exercise Price

 

 

 

Weighted Average Grant Date Fair Value

 

 

 

Expiration Date (yrs)

 

 

 

Value if Exercised

 

Balance as of April 30, 2020       —         —         —         —       $ —    
Granted       399,998       1.50       0.67       5.00       599,997  
Exercised       —         —         —         —         —    
Cancelled/Expired       —         —         —         —         —    
Outstanding as of October 31, 2020       399,998     $ 1.50     $ 0.67       4.92     $ 599,997