Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Tables)

v3.22.2
INCOME TAXES (Tables)
12 Months Ended
Apr. 30, 2022
Income Tax Disclosure [Abstract]  
Schedule of deferred tax assets and liabilities
               
    April 30,  
    2022     2021  
Deferred tax assets:                
Net operating loss carryforwards   $ 15,138,850       13,804,439  
Stock compensation     584,321       2,547,274  
Other     35,230       146,486  
Total deferred tax assets     15,758,401       16,498,199  
Valuation allowance     (15,758,401 )     (16,498,199 )
Net deferred tax assets   $     $  
Schedule of provision for income taxes
               
    Years Ended April 30,  
    2022     2021  
Federal benefit at statutory rate   $ (890,224 )     (745,760 )
State income taxes, net of Federal taxes     (362,448 )     (303,631 )
Permanent differences     20,508       78,258  
Provision related to change in valuation allowance     (739,798     969,241  
Expired stock options     1,976,324        
Net valuation allowance for state tax deductions            
Other, net     (4,362     1,892  
Provision for income taxes   $     $