Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

Net Loss Per Common Share

9 Months Ended

Jan. 31, 2021

NOTE 9 — NET LOSS PER COMMON 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.

	January 31, 2021		January 31, 2020
Common stock equivalents:
Preferred stock		-		473,684
Restricted stock units		342,856		349,691
Stock options		95,000		1,000,000
Stock warrants		1,380,160		3,896,109
Total		1,818,016		5,719,484