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 ($)
 6 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Cash flows from operating activities:    
Net loss $ (1,834,136) $ (2,201,197)
Adjustments to reconcile net loss to net cash used in operating activities:    
Shares issued for services 59,709 385,369
Shares issued for compensation 134,640 209,453
Stock-based compensation - options 128,376 224,734
Change in assets and liabilities:    
(Increase) decrease in prepaid expenses and other current assets 47,822 (26,128)
Increase (decrease) in accounts payable (105,725) 42,697
Increase (decrease) in accrued expenses (232,139) 18,307
Net cash used in operating activities (1,801,453) (1,346,765)
Cash flows from investing activities:    
Net cash provided by (used in) investing activities 0 0
Cash flows from financing activities:    
Payment of insurance financing loan (75,076) 0
Proceeds from sale of Series A Preferred Stock 0 1
Proceeds from sale of common stock, net of issuance costs 4,699,247 883,500
Net cash provided by financing activities 4,624,171 883,501
Effect of currency rate exchange on cash (175) (6,928)
Net increase (decrease) in cash 2,822,543 (470,192)
Cash at beginning of the period 894,861 515,253
Cash at end of the period 3,717,404 45,061
Supplemental disclosures of cash flows information:    
Cash paid during the periods for income taxes 800 800
Cash paid during the periods for interest $ 1,757 $ 0