v3.20.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Jan. 31, 2020
Jan. 31, 2019
Income Statement [Abstract]        
Net revenues
Operating expenses:        
Compensation and related taxes - general and administrative 591,290 318,771 1,168,736 1,545,967
Exploration costs 62,810 737,164 1,201,559 2,503,277
Professional and consulting fees 407,115 476,604 1,873,501 1,644,607
General and administrative expenses 118,705 102,809 473,343 423,309
Loss (gain) from foreign currency transactions 611 (923)
Total operating expenses 1,180,531 1,635,348 4,716,216 6,117,160
Loss before benefit (provision) for income taxes (1,180,531) (1,635,348) (4,716,216) (6,117,160)
Benefit (provision) for income taxes 219,073 (438,145) 219,073 (438,145)
Net loss (961,458) (2,073,493) (4,497,143) (6,555,305)
Deemed dividend related to beneficial conversion feature of series F preferred stock (2,022,712)
Net loss applicable to U.S. Gold Corp. common shareholders $ (961,458) $ (2,073,493) $ (6,519,855) $ (6,555,305)
Net Loss per common share, basic and diluted $ (0.04) $ (0.11) $ (0.29) $ (0.36)
Weighted average common shares outstanding - basic and diluted 24,013,495 18,757,263 22,247,149 18,173,054

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