Annual report pursuant to Section 13 and 15(d)

Net Loss Per Common Share

v3.21.2
Net Loss Per Common Share
12 Months Ended
Apr. 30, 2021
Earnings Per Share [Abstract]  
Net Loss Per Common Share

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.

  

    April 30, 2021     April 30, 2020  
Common stock equivalents:                
Preferred stock           20,357  
Restricted stock units     346,802       33,117  
Stock options     95,000       100,000  
Stock warrants     1,538,481       746,753  
Total     1,980,283       900,227