Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Cash flows from operating activities:    
Net loss $ (3,076,505) $ (2,928,284)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 411,461 140,884
Stock issued for compensation 309,691 245,520
Stock-based compensation - options 309,170 282,673
Change in assets and liabilities:    
Increase in prepaid expenses and other current assets 71,199 215,583
Increase (decrease) in accounts payable 218,608 (218,945)
Increase in accrued expenses 57,395 46,020
Net cash used in operating activities (1,698,981) (2,216,549)
Cash flows from investing activities:    
Net cash used in investing activities 0 0
Cash flows from financing activities:    
Proceeds from sale of Series A Preferred Stock 1 0
Repurchase of Series A Preferred Stock (1) 0
Proceeds from sale of common stock, net issuance costs 1,333,500 1,860,000
Net cash provided by financing activities 1,333,500 1,860,000
Effect of currency rate exchange on cash (7,530) (3,787)
Net decrease in cash (373,011) (360,336)
Cash at beginning of the period 515,253 1,059,798
Cash at end of the period 142,242 699,462
Supplemental disclosure of cash flow information:    
Cash paid during the periods for taxes $ 800 $ 0