Annual report pursuant to Section 13 and 15(d)

NET LOSS PER COMMON SHARE

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NET LOSS PER COMMON SHARE
12 Months Ended
Apr. 30, 2022
Earnings Per Share [Abstract]  
NET LOSS PER COMMON SHARE

NOTE 11 — 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, 2022     April 30, 2021  
Common stock equivalents:                
Restricted stock units     441,402       346,802  
Stock options     148,060       95,000  
Stock warrants     2,018,949       1,538,481  
Total     2,608,411       1,980,283