Note 13 - Common Stock |
9 Months Ended |
|---|---|
Jan. 31, 2022 | |
| Equity [Abstract] | |
| Note 13 - Common Stock |
Note 13 - Common Stock
Our common stock has a par value of $per share. We are authorized to issue shares of common stock. Each share of common stock is entitled to one vote.
On May 4, 2021, the Company closed an offering of million shares of common stock which generated gross proceeds of $16 million and net proceeds of approximately $14.6 million.
On May 4, 2021, the Company issued shares of common stock for investor relations services rendered.
On May 7, 2021, the Company issued shares of common stock in connection with the acquisition of Skypersonic, as further described in Note 1.
On July 21, 2021, the Company closed an offering of shares of common stock which generated gross proceeds of $60 million and net proceeds of approximately $55.5 million.
During the three months ended July 31, 2021, shares of common stock were issued under the terms of a restricted stock agreement with an officer.
On August 10, 2021, the Company issued shares of common stock in connection with the conversion of shares of Series A Preferred Stock.
On August 15, 2021, the Company issued shares of common stock for investor relations services rendered.
On August 31, 2021, the Company issued shares of common stock in connection with the acquisition of Teal Drones, as further described in Note 1.
During the three months ended October 31, 2021, the Company issued shares of common stock in connection with working capital adjustments related to the acquisition of Skypersonic, as further described in Note 1.
During the three months ended October 31, 2021, shares of common stock issued under the terms of restricted stock agreements with officers totaled .
During the three months ended October 31, 2021, shares of common stock issued due to the exercise of stock options totaled .
During the three months ended January 31, 2022, shares of common stock issued under restricted stock agreements totaled . In addition, shares which were pending issuance under restricted stock agreements, were instead applied against the Note described in footnote 6 and shares were applied toward payroll tax obligations on restricted stock. |