Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.24.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Income Statement [Abstract]    
Net revenues
Operating expenses:    
Compensation and related taxes - general and administrative 1,356,442 1,793,426
Exploration costs 1,468,830 1,804,981
Professional and consulting fees 3,055,594 4,259,931
General and administrative expenses 1,376,471 1,542,328
Total operating expenses 7,257,337 9,400,666
Loss from operations (7,257,337) (9,400,666)
Other income (loss):    
Gain from sale of asset 763,393
Gain from settlement of asset retirement obligation 6,075
Interest income 39,829 4,906
Offering cost related to warrant liability (279,487)
Change in fair value due to modification of warrants (262,500)
Change in fair value of warrant liability 313,950 1,560,150
Total other income (loss) 359,854 1,786,462
Loss before provision for income taxes (6,897,483) (7,614,204)
Provision for income taxes
Net loss $ (6,897,483) $ (7,614,204)
Net loss per common share, basic $ (0.74) $ (0.90)
Net loss per common share, diluted $ (0.74) $ (0.90)
Weighted average number of shares outstanding basic 9,356,931 8,413,849
Weighted average number of shares outstanding diluted 9,356,931 8,413,849