Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations (Unaudited)

v3.25.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2025
Oct. 31, 2024
Oct. 31, 2025
Oct. 31, 2024
Income Statement [Abstract]        
Net revenues
Operating expenses:        
Compensation and related taxes - general and administrative 319,567 222,773 647,848 462,832
Exploration costs 605,289 499,965 880,370 1,212,050
Professional and consulting fees 2,510,326 661,954 3,958,741 1,314,443
General and administrative expenses 1,119,799 757,802 2,706,099 1,745,862
Total operating expenses 4,554,981 2,142,494 8,193,058 4,735,187
Loss from operations (4,554,981) (2,142,494) (8,193,058) (4,735,187)
Other income (expense):        
Interest income 68,430 25,017 134,008 41,555
Other income 4,000 4,000
Change in fair value of warrant liability 14,950 1,495,000 (1,734,200)
Total other income (expense) 72,430 39,967 1,633,008 (1,692,645)
Loss before provision for income taxes (4,482,551) (2,102,527) (6,560,050) (6,427,832)
Provision for income taxes
Net loss $ (4,482,551) $ (2,102,527) $ (6,560,050) $ (6,427,832)
Net loss per common share, basic $ (0.31) $ (0.20) $ (0.47) $ (0.60)
Net loss per common share, diluted $ (0.31) $ (0.20) $ (0.47) $ (0.60)
Weighted average common shares outstanding - basic 14,323,910 10,746,496 14,096,397 10,739,347
Weighted average common shares outstanding - diluted 14,323,910 10,746,496 14,096,397 10,739,347