Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2023
Oct. 31, 2022
Income Statement [Abstract]        
Net revenues
Operating expenses:        
Compensation and related taxes - general and administrative 404,479 403,759 817,318 806,564
Exploration costs 305,238 454,735 1,146,779 1,217,596
Professional and consulting fees 695,216 936,845 2,041,178 2,262,636
General and administrative expenses 360,139 315,233 689,912 709,134
Total operating expenses 1,765,072 2,110,572 4,695,187 4,995,930
Loss from operations (1,765,072) (2,110,572) (4,695,187) (4,995,930)
Other income:        
Gain from settlement of asset retirement obligation 6,075
Interest income 11,642 26,049
Change in fair value of warrant liability 1,495,000 214,000 1,509,950 1,154,000
Total other income 1,506,642 214,000 1,542,074 1,154,000
Loss before provision for income taxes (258,430) (1,896,572) (3,153,113) (3,841,930)
Provision for income taxes
Net loss $ (258,430) $ (1,896,572) $ (3,153,113) $ (3,841,930)
Net loss per common share, basic $ (0.03) $ (0.23) $ (0.34) $ (0.46)
Net loss per common share, diluted $ (0.03) $ (0.23) $ (0.34) $ (0.46)
Weighted average common shares outstanding - basic 9,298,772 8,349,843 9,297,288 8,349,843
Weighted average common shares outstanding - diluted 9,298,772 8,349,843 9,297,288 8,349,843