Annual report [Section 13 and 15(d), not S-K Item 405]

INVESTMENT IN DEBT AND EQUITY SECURITIES (Tables)

v3.25.2
INVESTMENT IN DEBT AND EQUITY SECURITIES (Tables)
 12 Months Ended
Apr. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of activity for the notes and warrants
       
Balance of Notes as of May 1, 2023   $ –  
Purchased     1,666,000  
Change in fair value     1,089,000  
Balance of Notes as of April 30, 2024      2,755,000  
Change in fair value     941,000  
Balance of Notes as of April 30, 2025   $ 3,696,000  

 

Balance of Warrants as of May 1, 2023   $ –  
Purchased     3,334,000  
Change in fair value     1,818,000  
Balance of Warrants as of April 30, 2024     5,152,000  
Change in fair value, includes expiration of Series B Warrants of $1,376,000     (2,091,000 )
Balance of Warrants as of April 30, 2025   $ 3,061,000  
Schedule of marketable equity securities
Schedule of marketable equity securities                  
    Carrying Value              
    At Fair Market     Value at     Unrealized  
Marketable securities   Value     Cost Basis     Gains  
                   
Equity – stock   $ 366,316     $ 300,000     $ 66,316  
Schedule of activity for Series G preferred stock and preferred stock warrants
       
Balance of Series G Preferred Stock as of April 30, 2024   $ –  
Purchased     17,410,050  
Change in fair value     5,063,950  
Balance of Series G Preferred Stock as of April 30, 2025   $ 22,474,000  

 

Below is a summary of activity for the Preferred Stock Warrants as of April 30, 2025:

       
Balance of Warrant assets as of April 30, 2024   $ –  
Purchased     10,985,684  
Change in fair value     (2,367,684 )
Balance of Warrant assets as of April 30, 2025   $ 8,618,000