Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

v3.20.4
Net Loss Per Common Share
6 Months Ended
Oct. 31, 2020
Earnings Per Share [Abstract]  
Net Loss Per Common Share

NOTE 9 — 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.

 

    October 31, 2020     October 31, 2019  
Common stock equivalents:                
Preferred stock     1,990,606       47,368  
Restricted stock units     32,500       32,500  
Stock options     96,875       136,896  
Stock warrants     1,658,419       499,361  
                 
Total     3,778,400       716,125