Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share

Net Loss Per Share
12 Months Ended
Apr. 30, 2020
Earnings Per Share [Abstract]  
Net Loss Per Share



Net loss per share of common stock is calculated in accordance with ASC 260, “Earnings Per Share”. Basic loss per share is computed by dividing net loss available to common stockholder, by the weighted average number of shares of common stock outstanding during the period. The following were excluded from the computation of diluted shares outstanding as they would have had an anti-dilutive impact on the Company’s net loss. In periods where the Company has a net loss, all dilutive securities are excluded.



Year Ended

April 30, 2020


Year Ended

April 30, 2019

Common stock equivalents:                
Preferred stock     20,357       -  
Restricted stock units     33,117       51,200  
Stock options     100,000       145,646  
Stock warrants     746,753       170,236  
Total     900,227       367,082