v3.19.3.a.u2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Oct. 31, 2019
Apr. 30, 2019
Current Assets:    
Cash $ 45,061 $ 515,253
Prepaid expenses and other current assets 164,279 138,151
Total current assets 209,340 653,404
Other assets:    
Intangibles 3,549,427 3,549,427
Investment in SG Austria 1,572,193 1,572,193
Other assets 7,372 7,372
Total other assets 5,128,992 5,128,992
Total Assets 5,338,332 5,782,396
Current Liabilities:    
Accounts payable 164,582 121,885
Accrued expenses 639,273 620,966
Total current liabilities 803,855 742,851
Total Liabilities 803,855 742,851
Commitments and Contingencies (Notes 6 and 8)
Stockholders' Equity    
Common stock: authorized 2,490,000,000 shares, $0.0001 par value, 1,331,871,172 and 1,186,004,505 shares issued and outstanding as of October 31, 2019 and April 30, 2019, respectively 133,187 118,600
Additional paid in capital 106,654,628 104,966,158
Accumulated deficit (102,232,568) (100,031,371)
Accumulated other comprehensive loss (20,770) (13,842)
Total stockholders' equity 4,534,477 5,039,545
Total Liabilities and Stockholders' Equity 5,338,332 5,782,396
Series A Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock, Series A Preferred Stock, 1 and 0 shares issued and outstanding as of October 31, 2019 and April 30, 2019, respectively $ 0 $ 0

Source

v3.19.3.a.u2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2019
Oct. 31, 2018
Revenues:        
Revenue $ 0 $ 0 $ 0 $ 0
Operating Expenses:        
Research and development costs 17,940 115,101 90,270 382,895
Compensation expense 446,146 410,491 899,340 827,681
Director fees 82,854 58,372 158,496 139,502
Legal and professional 115,454 37,458 225,611 185,094
General and administrative 404,728 415,152 827,480 716,765
Total operating expenses 1,067,122 1,036,574 2,201,197 2,251,937
Loss from operations (1,067,122) (1,036,574) (2,201,197) (2,251,937)
Net loss $ (1,067,122) $ (1,036,574) $ (2,201,197) $ (2,251,937)
Basic and diluted loss per share $ (0.00) $ (0.00) $ (0.00) $ (0.00)
Weighted average shares outstanding basic and diluted 1,325,086,933 1,080,708,112 1,267,696,383 1,063,602,271

Source

v3.19.3.a.u2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Cash flows from operating activities:    
Net loss $ (2,201,197) $ (2,251,937)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 385,369 105,454
Stock issued for compensation 209,453 184,140
Stock-based compensation - options 224,734 210,189
Change in assets and liabilities:    
(Increase) decrease in prepaid expenses and other current assets (26,128) 193,902
Increase (decrease) in accounts payable 42,697 (3,981)
Increase in accrued expenses 18,307 22,183
Net cash used in operating activities (1,346,765) (1,540,050)
Cash flows from investing activities:    
Net cash used in investing activities 0 0
Cash flows from financing activities:    
Proceeds from sale of Series A Preferred Stock 1 0
Proceeds from sale of common stock, net issuance costs 883,500 1,395,000
Net cash provided by financing activities 883,501 1,395,000
Effect of currency rate exchange on cash (6,928) (7,331)
Net decrease in cash (470,192) (152,381)
Cash at beginning of the period 515,253 1,059,798
Cash at end of the period 45,061 907,417
Supplemental disclosure of cash flow information:    
Cash paid during the periods for taxes $ 800 $ 0

Source