Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.23.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Income Statement [Abstract]    
Net revenues
Operating expenses:    
Compensation and related taxes - general and administrative 1,793,426 2,287,020
Exploration costs 1,804,981 7,231,097
Professional and consulting fees 4,259,931 4,228,139
General and administrative expenses 1,542,328 1,205,786
Total operating expenses 9,400,666 14,952,042
Loss from operations (9,400,666) (14,952,042)
Other income:    
Gain from sale of asset 763,393
Interest income 4,906
Offering cost related to warrant liability (279,487) (190,840)
Change in fair value due to modification of warrants (262,500)
Change in fair value of warrant liability 1,560,150 1,212,000
Total other income 1,786,462 1,021,160
Loss before provision for income taxes (7,614,204) (13,930,882)
Provision for income taxes
Net loss $ (7,614,204) $ (13,930,882)
Net loss per common share, basic $ (0.90) $ (1.92)
Net loss per common share, diluted $ (0.90) $ (1.92)
Weighted average number of shares outstanding basic 8,413,849 7,253,760
Weighted average number of shares outstanding diluted 8,413,849 7,253,760