v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jan. 31, 2025
Apr. 30, 2024
CURRENT ASSETS:    
Cash $ 9,137,995 $ 5,574,278
Prepaid expenses and other current assets 884,173 948,833
Total current assets 10,022,168 6,523,111
NON - CURRENT ASSETS:    
Property, net 440,117 458,107
Reclamation bond deposit 1,134,329 1,159,329
Operating lease right-of-use asset, net 49,214 70,331
Mineral rights 14,370,255 14,370,255
Total non - current assets 15,993,915 16,058,022
Total assets 26,016,083 22,581,133
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 581,695 352,804
Stock payable 175,059 42,500
Operating lease liabilities, current portion 43,660 57,486
Total current liabilities 800,414 452,790
LONG- TERM LIABILITIES    
Warrant liability 6,981,650 3,916,900
Asset retirement obligation 330,768 307,657
Operating lease liabilities, less current portion 5,553 12,845
Deferred tax liability 430,486 430,486
Total long-term liabilities: 7,748,457 4,667,888
Total liabilities 8,548,871 5,120,678
Commitments and Contingencies
STOCKHOLDERS’ EQUITY :    
Preferred stock, $0.001 par value; 50,000,000 shares authorized, no shares issued and outstanding as of January 31, 2025 and April 30, 2024
Common stock, $0.001 par value; 200,000,000 shares authorized; 12,348,116 shares and 10,732,277 shares issued and outstanding as of January 31, 2025 and April 30, 2024 12,348 10,732
Additional paid-in capital 103,092,814 90,297,824
Accumulated deficit (85,637,950) (72,848,101)
Total stockholders’ equity 17,467,212 17,460,455
Total liabilities and stockholders’ equity $ 26,016,083 $ 22,581,133

Source