Quarterly report [Sections 13 or 15(d)]

STOCKHOLDERS??? EQUITY (Tables)

v3.25.3
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Oct. 31, 2025
Equity [Abstract]  
SCHEDULE OF ACTIVITY RESTRICTED AND DEFERRED STOCK UNITS

A summary of the changes in RSUs and DSUs outstanding during the six months ended October 31, 2025 follows:

 

    Restricted and Deferred
Stock Units
    Weighted
Average
Grant-Date
Fair Value
Per Share
 
Balance at April 30, 2025     586,461     $ 9.60  
Granted     -       -  
Vested and converted     -       -  
Balance at October 31, 2025     586,461     $ 9.60  
SCHEDULE OF STOCK OPTION ACTIVITY

The following is a summary of the Company’s stock option activity during the six months ended October 31, 2025:

 

SCHEDULE OF STOCK OPTION ACTIVITY

    Number of
Options
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Life
(Years)
 
Balance at April 30, 2025     458,670     $ 6.86       3.77  
Granted                  
Exercised     (6,905 )     7.65       4.54  
Forfeited                  
Cancelled     (2,500 )     7.52       4.79  
Balance at October 31, 2025     449,265       6.84       3.25  
                         
Options exercisable at end of period     384,702     $ 6.71          
Options expected to vest     64,563     $ 7.65          
Weighted average fair value of options granted during the period           $          
SCHEDULE OF STOCK BASED EXPENSE FOR STOCK OPTION

Stock-based expense for stock options were recorded in the following amounts as reflected in the unaudited condensed consolidated statements of operations:

 

SCHEDULE OF STOCK BASED EXPENSE FOR STOCK OPTION

    For the three months ended October 31, 2025     For the three months ended October 31, 2024  
Compensation and related taxes — general and administrative   $ 43,071     $ 7,402  
Professional and consulting fees     36,675       -  
Total   $ 79,746     $ 7,402  

 

    For the six months ended October 31, 2025     For the six months ended October 31, 2024  
Compensation and related taxes — general and administrative   $ 86,142     $ 14,804  
Professional and consulting fees     73,350       -  
Total   $ 159,492     $ 14,804  

SCHEDULE OF STOCK WARRANT ACTIVITY

A summary of the Company’s outstanding warrants to purchase shares of common stock as of October 31, 2025, and the changes during the period are presented below:

 

SCHEDULE OF STOCK WARRANT ACTIVITY

    Number of Warrants     Weighted Average
Exercise
Price
    Weighted Average Remaining Contractual
Life
(Years)
 
                   
Balance at April 30, 2025     4,443,444     $ 7.30       2.93  
Granted                  
Exercised     (2,035,049 )     6.31       2.21  
Forfeited                  
Canceled                  
Total Warrants Outstanding at October 31, 2025     2,408,395     $ 8.14       2.61  
Warrants exercisable at end of period     2,408,395     $ 8.14       2.61  
Weighted average fair value of warrants granted during the period           $