Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Apr 30, 2025 | FY 2024Apr 30, 2024 | FY 2023Apr 30, 2023 | FY 2022Apr 30, 2022 | FY 2021Apr 30, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Cost Of Revenue | -- | -- | -- | 0.00 | 4,200 |
| Gross Profit | -- | -- | -- | 0.00 | 0.00 |
| Selling General And Administration | 2.7M | 3.4M | 4.1M | 8.6M | -- |
| General And Administrative Expense | 2.7M | 3.4M | 4.1M | 8.6M | -- |
| Research And Development | 144,000 | 925,000 | 2.1M | 5.5M | -- |
| Depreciation And Amortization In Income Statement | 3.9M | 3.4M | 634,000 | 443,000 | -- |
| Operating Expense | 6.7M | 7.7M | 6.8M | 14.5M | -- |
| Operating Income | -6.7M | -7.7M | -6.8M | -14.5M | -- |
| EBIT | -53.9M | -11.5M | -33.8M | -14.6M | -- |
| Interest Expense | 756,000 | 801,000 | 2.4M | 705,000 | -- |
| Interest Expense Non Operating | 756,000 | 801,000 | 2.4M | 705,000 | -- |
| Net Interest Income | -756,000 | -801,000 | -2.4M | -1.5M | -- |
| Other Income Expense | -47.2M | -3.7M | -26.9M | 738,000 | -- |
| Other Non Operating Income Expenses | 251,000 | -83,000 | 683,000 | -104,000 | -- |
| Special Income Charges | -47.4M | -3.7M | -27.6M | 350,000 | -- |
| Write Off | 900,000 | 0.00 | -- | -- | -- |
| Gain On Sale Of Security | -- | -- | -- | 492,000 | -28.5M |
| Pretax Income | -54.7M | -12.3M | -36.2M | -15.3M | -- |
| Tax Provision | -- | 0.00 | 0.00 | -874,000 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 48,039 | -- |
| Net Income From Continuing And Discontinued Operation | -54.7M | -12.3M | -36.2M | -14.4M | -- |
| Net Income From Continuing Operation Net Minority Interest | -54.7M | -12.3M | -36.2M | -14.4M | -- |
| Net Income Including Noncontrolling Interests | -54.7M | -12.3M | -36.2M | -14.4M | -- |
| Net Income Common Stockholders | -54.7M | -12.3M | -36.2M | -14.4M | -- |
| Net Income | -54.7M | -12.3M | -36.2M | -14.4M | -- |
| EBITDA | -50.0M | -8.1M | -33.1M | -14.2M | -- |
| Normalized EBITDA | -2.6M | -4.4M | -5.5M | -15.0M | -- |
| Reconciled Depreciation | 3.9M | 3.4M | 634,000 | 443,000 | -- |
| Basic EPS | -0.45 | -0.14 | -0.68 | -0.30 | -- |
| Diluted EPS | -0.45 | -0.14 | -0.68 | -0.30 | -- |
| Basic Average Shares | 121.5M | 87.6M | 52.8M | 43.5M | -- |
| Diluted Average Shares | 121.5M | 87.6M | 52.8M | 43.5M | -- |
| Total Unusual Items | -47.4M | -3.7M | -27.6M | 842,000 | -- |
| Total Unusual Items Excluding Goodwill | -47.4M | -3.7M | -27.6M | 842,000 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.06 | -- |
| Normalized Income | -7.3M | -8.6M | -8.6M | -15.2M | -- |
| Depreciation Amortization Depletion Income Statement | 3.9M | 3.4M | 634,000 | 443,000 | -- |
| Diluted NI Availto Com Stockholders | -54.7M | -12.3M | -36.2M | -14.4M | -- |
| Gain On Sale Of Ppe | -260,000 | 0.00 | -- | -- | -- |
| Impairment Of Capital Assets | 46.5M | 3.8M | 25.6M | 0.00 | -- |
| Net Income Continuous Operations | -54.7M | -12.3M | -36.2M | -14.4M | -- |
| Net Non Operating Interest Income Expense | -756,000 | -801,000 | -2.4M | -1.5M | -- |
| Other Gand A | 2.3M | 3.0M | 3.6M | 6.9M | -- |
| Other Special Charges | -248,000 | -167,000 | 2.0M | -350,000 | -- |
| Reconciled Cost Of Revenue | -- | -- | -- | 0.00 | 4,200 |
| Salaries And Wages | 396,000 | 379,000 | 464,000 | 1.8M | -- |
| Total Expenses | 6.7M | 7.7M | 6.8M | 14.5M | -- |
| Total Other Finance Cost | -- | -- | -- | 811,000 | 3.5M |
| Line Item | FY 2025Apr 30, 2025 | FY 2024Apr 30, 2024 | FY 2023Apr 30, 2023 | FY 2022Apr 30, 2022 | FY 2021Apr 30, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 0.00 | 376,000 | 1.2M | 2.7M | -- |
| Cash Cash Equivalents And Short Term Investments | 0.00 | 376,000 | 1.2M | 2.7M | -- |
| Cash Financial | -- | -- | -- | 2.7M | 17.2M |
| Other Short Term Investments | -- | -- | 180,000 | 25,000 | -- |
| Accounts Receivable | 35,000 | 168,000 | 89,000 | 118,000 | -- |
| Receivables | 35,000 | 168,000 | 89,000 | 118,000 | -- |
| Inventory | 0.00 | 126,000 | 132,000 | 394,000 | -- |
| Prepaid Assets | -- | -- | 466,000 | 945,000 | 376,500 |
| Other Current Assets | 68,000 | 512,000 | 466,000 | -- | -- |
| Current Assets | 258,000 | 1.3M | 2.0M | 4.1M | -- |
| Gross PPE | 2.0M | 39.8M | 52.7M | 48.6M | -- |
| Accumulated Depreciation | -2.0M | -28.2M | -27.2M | -1.2M | -- |
| Net PPE | 0.00 | 11.6M | 25.5M | 47.4M | -- |
| Goodwill And Other Intangible Assets | 0.00 | 42.0M | 1.9M | 2.0M | -- |
| Other Intangible Assets | -- | 42.0M | 1.9M | 2.0M | -- |
| Total Non Current Assets | 0.00 | 53.6M | 27.3M | 49.4M | -- |
| Total Assets | 258,000 | 54.9M | 29.4M | 53.5M | -- |
| Current Debt | 868,000 | -- | 9.9M | -- | 1.0M |
| Current Debt And Capital Lease Obligation | 868,000 | 55,000 | 10.0M | 133,000 | -- |
| Accounts Payable | 1.8M | 1.4M | 1.4M | 2.0M | -- |
| Payables | 2.7M | 2.3M | 2.3M | 2.8M | -- |
| Payables And Accrued Expenses | 2.7M | 2.3M | 2.3M | 2.8M | -- |
| Current Deferred Revenue | -- | -- | -- | 0.00 | 3.8M |
| Other Current Liabilities | 748,000 | 5.3M | -- | -- | 10.2M |
| Current Liabilities | 4.3M | 9.6M | 14.5M | 3.0M | -- |
| Long Term Debt | 1.9M | 4.1M | -- | 14.3M | 563,585 |
| Long Term Debt And Capital Lease Obligation | 1.9M | 4.1M | 61,000 | 14.7M | -- |
| Long Term Capital Lease Obligation | -- | 0.00 | 61,000 | 430,000 | 120,757 |
| Other Non Current Liabilities | -- | -- | 1,000 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 1.9M | 4.1M | 62,000 | 17.0M | -- |
| Total Liabilities Net Minority Interest | 6.2M | 13.7M | 14.6M | 19.9M | -- |
| Common Stock | 157.0M | 149.9M | 112.0M | 99.8M | -- |
| Capital Stock | 157.0M | 149.9M | 112.0M | 99.8M | -- |
| Additional Paid In Capital | 13.1M | 12.6M | 11.9M | 6.7M | -- |
| Retained Earnings | -176.0M | -121.3M | -109.1M | -72.9M | -- |
| Common Stock Equity | -6.0M | 41.2M | 14.8M | 33.6M | -- |
| Stockholders Equity | -6.0M | 41.2M | 14.8M | 33.6M | -- |
| Total Equity Gross Minority Interest | -6.0M | 41.2M | 14.8M | 33.6M | -- |
| Total Capitalization | -4.0M | 45.4M | 14.8M | 47.9M | -- |
| Net Tangible Assets | -6.0M | -752,000 | 12.9M | 31.6M | -- |
| Tangible Book Value | -6.0M | -752,000 | 12.9M | 31.6M | -- |
| Working Capital | -4.0M | -8.2M | -12.5M | 1.2M | -- |
| Invested Capital | -3.2M | 45.4M | 24.7M | 47.9M | -- |
| Total Debt | 2.8M | 4.2M | 10.0M | 14.8M | -- |
| Net Debt | 2.8M | 3.8M | 8.7M | 11.6M | -- |
| Share Issued | 129.0M | 113.3M | 59.6M | 44.2M | -- |
| Ordinary Shares Number | 129.0M | 113.3M | 59.6M | 44.2M | -- |
| Buildings And Improvements | 0.00 | 2.0M | 5.0M | 4.7M | -- |
| Capital Lease Obligations | 0.00 | 55,000 | 174,000 | 563,000 | -- |
| Construction In Progress | 1.9M | 27.0M | 25.5M | 31.1M | -- |
| Current Capital Lease Obligation | 0.00 | 55,000 | 113,000 | 133,000 | -- |
| Current Deferred Liabilities | 0.00 | 1.9M | 2.2M | 0.00 | -- |
| Current Notes Payable | 856,000 | 0.00 | -- | -- | -- |
| Finished Goods | -- | 0.00 | 6,000 | 3,000 | 60,935 |
| Land And Improvements | 0.00 | 823,000 | 11.6M | 10.9M | -- |
| Machinery Furniture Equipment | 63,000 | 86,000 | 86,000 | 86,000 | -- |
| Non Current Deferred Liabilities | -- | -- | 0.00 | 2.2M | 0.00 |
| Non Current Deferred Revenue | -- | -- | -- | 2.2M | 0.00 |
| Other Current Borrowings | 12,000 | -- | 9.9M | -- | 1.0M |
| Other Payable | 889,000 | 889,000 | 889,000 | 889,000 | -- |
| Other Properties | -- | 9.9M | 10.4M | 1.8M | 1.7M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Raw Materials | 0.00 | 126,000 | 126,000 | 391,000 | -- |
| Restricted Cash | 155,000 | 155,000 | 180,000 | 25,000 | -- |
| Taxes Receivable | -- | -- | -- | -- | 530,460 |
| Tradeand Other Payables Non Current | -- | -- | -- | 0.00 | 889,219 |
| Work In Process | -- | -- | -- | -- | 60,935 |
| Line Item | FY 2025Apr 30, 2025 | FY 2024Apr 30, 2024 | FY 2023Apr 30, 2023 | FY 2022Apr 30, 2022 | FY 2021Apr 30, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | -652,000 | -4.2M | -4.8M | -16.4M | -- |
| Cash Flow From Continuing Operating Activities | -652,000 | -4.1M | -4.8M | -16.4M | -- |
| Depreciation And Amortization | 3.9M | 3.4M | 634,000 | 443,000 | -- |
| Depreciation Amortization Depletion | 3.9M | 3.4M | 634,000 | 443,000 | -- |
| Stock Based Compensation | 396,000 | 379,000 | 464,000 | 1.8M | -- |
| Deferred Tax | -- | -- | -- | -874,000 | 0.00 |
| Deferred Income Tax | -- | -- | -- | -874,000 | 0.00 |
| Change In Working Capital | 1.8M | -191,000 | 162,000 | -4.1M | -- |
| Changes In Account Receivables | 204,000 | -80,000 | -- | -- | -- |
| Change In Receivables | 204,000 | -80,000 | 29,000 | 208,000 | -- |
| Change In Inventory | 0.00 | 6,000 | 262,000 | -33,000 | -- |
| Change In Payables And Accrued Expense | 1.4M | -355,000 | -840,000 | -2.1M | -- |
| Change In Other Working Capital | -- | -- | -- | -1.5M | 2.5M |
| Other Non Cash Items | 1.4M | 801,000 | 2.6M | 1.5M | -- |
| Capital Expenditure | -507,000 | -1.8M | -4.2M | -19.6M | -- |
| Purchase Of PPE | -507,000 | -1.8M | -4.2M | -19.6M | -- |
| Net PPE Purchase And Sale | -507,000 | -1.8M | -4.2M | -19.6M | -- |
| Investing Cash Flow | -507,000 | -1.5M | -5.1M | -19.7M | -- |
| Cash Flow From Continuing Investing Activities | -507,000 | -1.5M | -5.1M | -19.7M | -- |
| Issuance Of Debt | 877,000 | 4.8M | 0.00 | 21.5M | -- |
| Repayment Of Debt | 0.00 | -295,000 | 0.00 | -1.0M | -- |
| Net Issuance Payments Of Debt | 820,000 | 4.4M | -136,000 | 20.4M | -- |
| Issuance Of Capital Stock | 0.00 | 670,000 | 9.8M | 0.00 | -- |
| Net Common Stock Issuance | 0.00 | 670,000 | 9.8M | 0.00 | -- |
| Financing Cash Flow | 771,000 | 4.9M | 8.3M | 21.5M | -- |
| Cash Flow From Continuing Financing Activities | 771,000 | 4.9M | 8.3M | 21.5M | -- |
| Changes In Cash | -388,000 | -777,000 | -1.5M | -14.5M | -- |
| Beginning Cash Position | 376,000 | 1.2M | 2.7M | 17.2M | -- |
| End Cash Position | -12,000 | 376,000 | 1.2M | 2.7M | -- |
| Free Cash Flow | -1.2M | -6.0M | -9.0M | -36.0M | -- |
| Interest Paid Supplemental Data | -- | -- | -- | -- | 431,589 |
| Asset Impairment Charge | 46.5M | 3.8M | 25.6M | 205,000 | -- |
| Cash Dividends Paid | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 184,000 | 238,000 | 711,000 | -695,000 | -- |
| Common Stock Issuance | 0.00 | 670,000 | 9.8M | 0.00 | -- |
| Gain Loss On Investment Securities | -- | -- | -- | -492,000 | 28.5M |
| Interest Paid Cff | -- | -92,000 | -402,000 | -1.3M | -1.9M |
| Long Term Debt Issuance | 90,000 | 4.7M | 0.00 | 21.5M | -- |
| Long Term Debt Payments | 0.00 | -165,000 | 0.00 | -1.0M | -- |
| Net Income From Continuing Operations | -54.7M | -12.3M | -36.2M | -14.4M | -- |
| Net Long Term Debt Issuance | 33,000 | 4.4M | -136,000 | 20.4M | -- |
| Net Other Financing Charges | -49,000 | -140,000 | -950,000 | -77,000 | -- |
| Net Other Investing Changes | -- | 281,000 | -847,000 | -81,000 | 297,980 |
| Net Short Term Debt Issuance | 787,000 | 0.00 | 0.00 | 0.00 | -- |
| Operating Gains Losses | 12,000 | -167,000 | 2.0M | -842,000 | -- |
| Proceeds From Stock Option Exercised | -- | 0.00 | 27,000 | 2.5M | 12.5M |
| Short Term Debt Issuance | 787,000 | 130,000 | 0.00 | -- | -- |
| Short Term Debt Payments | 0.00 | -130,000 | -- | -- | -- |