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

FAIR VALUE MEASUREMENTS (Tables)

v3.25.2
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Apr. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of fair value of financial liabilities
                 
Description   Level     April 30, 2025     April 30, 2024  
Liabilities:                  
Warrant liability     3     $ 338,000     $ 10,784,000  
Bifurcated embedded derivative     3     $     $ 2,184,000  
Schedule of change in the fair value of the warrant liability
     
    April 30, 2025  
Balance on April 30, 2023   $  
Issuance of warrants     14,127,000  
Change in fair value of warrant liability     (3,343,000 )
Balance on April 30, 2024     10,784,000  
Issuance of warrants      
Change in fair value of warrant liability     (10,446,000 )
Balance on April 30, 2025   $ 338,000  
Schedule of embedded derivative liability
       
    April 30, 2025  
Balance on April 30, 2023   $  
Issuance of convertible preferred stock with bifurcated embedded derivative liability     2,770,000  
Change in fair value of bifurcated embedded derivative     (586,000 )
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 April 30, 2025   $  
Schedule of fair values of financial instruments by class
                 
    Level     April 30, 2025     April 30, 2024  
Financial Assets                  
Marketable equity securities     1     $ 366,316     $  
Money market account     1     $ 76,287     $ 3,183,173  
Convertible note receivable – investment in debt security - Femasys     3     $ 3,696,000     $ 2,755,000  
Warrant asset - Femasys     3     $ 3,061,000     $ 5,152,000  
Investment in preferred stock - TNF     3     $ 22,474,000     $  
Warrant asset - TNF     3     $ 8,618,000     $