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 ($)
 3 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities:    
Net loss $ (1,025,418) $ (883,944)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 24,765 40,550
Stock issued for compensation 11,055 67,320
Stock-based compensation – options 24,144 72,317
Change in assets and liabilities:    
(Increase) decrease in prepaid expenses and other current assets (246,930) 6,248
Increase (decrease) in accounts payable (6,519) 198,990
Decrease in accrued expenses (22,318) (52,483)
Net cash used in operating activities (1,241,221) (551,002)
Cash flows from investing activities:    
Net cash provided by (used in) investing activities 0 0
Cash flows from financing activities:    
Use of funds for payment of insurance financing loan 0 (37,337)
Proceeds from sale of common stock, net of issuance costs 0 1,857,397
Net cash provided by financing activities 0 1,820,060
Effect of currency rate exchange on cash (1,615) 2,677
Net increase (decrease) in cash (1,242,836) 1,271,735
Cash at beginning of the period 2,202,106 894,861
Cash at end of the period 959,270 2,166,596
Supplemental disclosure of cash flows information:    
Cash paid during the periods for income taxes 1,600 800
Cash paid during the periods for interest 467 388
Supplemental information of non-cash activities:    
Prepaid expenses included in accounts payable $ 229,033 $ 0