Quarterly report [Sections 13 or 15(d)]

STOCKHOLDERS’ EQUITY (Tables)

v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Jul. 31, 2026
Equity [Abstract]  
SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE FOR SERVICES

Stock-based compensation expense for services (RSUs and DSUs) was recorded in the following amounts as reflected in the unaudited condensed consolidated statements of operations, depending on the recipient of the award:

 

SCHEDULE OF STOCK-BASED COMPENSATION EXPENSE FOR SERVICES

    For the
three months ended
July 31, 2026
    For the
three months ended
July 31, 2025
 
Compensation and related taxes   $ 320,866     $ 49,270  
Professional and consulting fees     119,795       5,997  
Total   $ 440,641     $ 55,267  
SCHEDULE OF ACTIVITY RESTRICTED AND DEFERRED STOCK UNITS

A summary of the changes in RSUs and DSUs outstanding during the three months ended July 31, 2026, follows:

 

SCHEDULE OF ACTIVITY RESTRICTED AND DEFERRED STOCK UNITS

    Restricted and Deferred
Stock Units
    Weighted Average
Grant-Date Fair Value Per Share
 
Balance at April 30, 2026     670,786     $ 10.81  
Granted     4,473       15.48  
Vested and converted     -       -  
Balance at July 31, 2026     675,259     $ 10.84  
SCHEDULE OF STOCK OPTION ACTIVITY

The following is a summary of the Company’s stock option activity during the three months ended July 31, 2026:

 

SCHEDULE OF STOCK OPTION ACTIVITY

    Number of
Options
    Weighted Average
Exercise Price
   

Weighted Average 
Remaining Contractual
Life (Years)

 
Balance at April 30, 2026     548,056     $ 9.34       3.16  
Granted                  
Exercised                  
Forfeited                  
Cancelled                  
Balance at July 31, 2026     548,056       9.34       2.91  
                         
Options exercisable at end of period     438,468     $ 6.86          
Options expected to vest     109,588     $ 19.24          
Weighted average fair value of options granted during the period           $          

 

SCHEDULE OF STOCK BASED EXPENSE FOR STOCK OPTION

Stock-based expense for stock options was recorded in the following amounts as reflected in the unaudited condensed consolidated statements of operations, depending on the recipient of the award:

 

SCHEDULE OF STOCK BASED EXPENSE FOR STOCK OPTION 

   

For the

three months ended

July 31, 2026

   

For the

three months ended

July 31, 2025

 
Compensation and related taxes   $ 119,325     $ 43,071  
Professional and consulting fees     203,638       36,675  
Total   $ 322,963     $ 79,746  
SCHEDULE OF STOCK WARRANT ACTIVITY

A summary of the Company’s outstanding warrants to purchase shares of common stock as of July 31, 2026, 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, 2026     3,165,583     $ 12.38       2.05  
Granted                  
Exercised                  
Forfeited                  
Canceled                  
Total Warrants Outstanding at July 31, 2026     3,165,583     $ 12.38       1.80  
Warrants exercisable at end of period     3,165,583     $ 12.38       1.80  
Weighted average fair value of warrants granted during the period           $