Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.24.3
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Oct. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of fair value of financial liabilities
           
Description   Level   October 31, 2024   April 30, 2024
Liabilities:                        
Warrant liability     3     $ 6,871,000     $ 10,784,000  
Bifurcated embedded derivative     3     $     $ 2,184,000  
Schedule of change in the fair value of the warrant liability
       
    Three Months Ended
    October 31, 2024
Balance on July 31, 2024   $ 8,700,000  
Issuance of warrants      
Change in fair value of warrant liability     (1,829,000 )
Balance on October 31, 2024   $ 6,871,000  

 

    Six Months Ended
    October 31, 2024
Balance on April 30, 2024   $ 10,784,000  
Issuance of warrants      
Change in fair value of warrant liability     (3,913,000 )
Balance on October 31, 2024   $ 6,871,000  
Schedule of embedded derivative liability
       
    Three Months Ended
    October 31, 2024
Balance on July 31, 2024   $ 980,000  
Issuance of convertible preferred stock with bifurcated embedded derivative liability      
Change in fair value of bifurcated embedded derivative     (980,000 )
Balance on October 31, 2024   $  

 

    Six Months Ended
    October 31, 2024
Balance on April 30, 2024   $ 2,184,000  
Issuance of convertible preferred stock with bifurcated embedded derivative liability      
Change in fair value of bifurcated embedded derivative     (2,184,000 )
Balance on October 31, 2024   $  
Schedule of fair values of financial instruments by class
           
    Level   October 31, 2024   April 30, 2024
Financial Assets                        
Convertible note receivable – investment in debt security     3     $ 3,435,000     $ 2,755,000  
Warrant asset – Femasys     3     $ 3,918,000     $ 5,152,000  
Investment in preferred stock - TNF     3     $ 18,799,000     $  
Warrant asset – TNF     3     $ 6,056,000     $