v3.20.4
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Jan. 31, 2021
Jan. 31, 2020
Income Statement [Abstract]        
Net revenues
Operating expenses:        
Compensation and related taxes - general and administrative 1,241,185 591,290 2,523,210 1,168,736
Exploration costs 1,307,506 62,810 3,106,065 1,201,559
Professional and consulting fees 895,741 407,115 3,200,741 1,873,501
General and administrative expenses 256,148 119,316 672,350 472,420
Total operating expenses 3,700,580 1,180,531 9,502,366 4,716,216
Loss from operations (3,700,580) (1,180,531) (9,502,366) (4,716,216)
Loss before benefit (provision) for income taxes (3,700,580) (1,180,531) (9,502,366) (4,716,216)
Benefit (provision) for income taxes 219,073 219,073
Net loss (3,700,580) (961,458) (9,502,366) (4,497,143)
Deemed dividend related to beneficial conversion feature of preferred stock (5,530,004) (2,022,712)
Net loss applicable to U.S. Gold Corp. common shareholders $ (3,700,580) $ (961,458) $ (15,032,370) $ (6,519,855)
Net Loss per common share, basic and diluted $ (0.67) $ (0.4) $ (3.78) $ (2.93)
Weighted average common shares outstanding - basic and diluted 5,493,764 2,401,350 3,974,487 2,224,715

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