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 | 3.7M | 1.6M | 3.1M | 3.1M | -- |
| Operating Revenue | 3.7M | 1.6M | 3.1M | 3.1M | -- |
| Cost Of Revenue | 3.2M | 2.0M | 3.3M | 2.3M | -- |
| Gross Profit | 494,391 | -412,845 | -270,415 | 795,480 | -- |
| Selling General And Administration | 2.6M | 3.2M | 5.0M | 5.0M | -- |
| General And Administrative Expense | 2.4M | 2.9M | 4.6M | -- | -- |
| Research And Development | 268,643 | 168,929 | 183,718 | 181,477 | -- |
| Depreciation And Amortization In Income Statement | 80,461 | 70,418 | 86,094 | -- | -- |
| Operating Expense | 2.9M | 3.4M | 5.3M | 5.1M | -- |
| Operating Income | -2.4M | -3.9M | -5.6M | -4.3M | -- |
| EBIT | -2.4M | -3.9M | -5.9M | -4.4M | -- |
| Interest Expense | 925,734 | 407,884 | 107,925 | 337,425 | -- |
| Interest Expense Non Operating | 925,734 | 407,884 | 107,925 | 337,425 | -- |
| Net Interest Income | -925,734 | -407,884 | -107,925 | -337,425 | -- |
| Other Income Expense | 6,334 | 459.00 | -380,715 | -71,510 | -- |
| Special Income Charges | 55,803 | 0.00 | -15,465 | -41,199 | -- |
| Gain On Sale Of Security | -49,469 | 459.00 | -365,250 | -30,311 | -- |
| Pretax Income | -3.4M | -4.3M | -6.0M | -4.7M | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -3.4M | -4.3M | -6.0M | -4.7M | -- |
| Net Income From Continuing Operation Net Minority Interest | -3.4M | -4.3M | -6.0M | -4.7M | -- |
| Net Income Including Noncontrolling Interests | -3.4M | -4.3M | -6.0M | -4.7M | -- |
| Net Income Common Stockholders | -3.4M | -4.3M | -6.0M | -4.7M | -- |
| Net Income | -3.4M | -4.3M | -6.0M | -4.7M | -- |
| EBITDA | -1.9M | -3.3M | -5.4M | -4.2M | -- |
| Normalized EBITDA | -1.9M | -3.3M | -5.1M | -4.2M | -- |
| Reconciled Depreciation | 530,108 | 521,559 | 506,627 | 177,779 | -- |
| Basic EPS | -- | -0.07 | -0.10 | -0.09 | -0.01 |
| Diluted EPS | -- | -0.07 | -0.10 | -0.09 | -0.01 |
| Basic Average Shares | -- | 63.4M | 58.4M | 53.7M | 43.2M |
| Diluted Average Shares | -- | 63.4M | 58.4M | 53.7M | 43.2M |
| Total Unusual Items | 6,334 | 459.00 | -380,715 | -71,510 | -- |
| Total Unusual Items Excluding Goodwill | 6,334 | 459.00 | -380,715 | -71,510 | -- |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -3.4M | -4.3M | -5.7M | -4.7M | -- |
| Depreciation Amortization Depletion Income Statement | 80,461 | 70,418 | 86,094 | -- | -- |
| Depreciation Income Statement | 80,461 | 70,418 | 86,094 | -- | -- |
| Diluted NI Availto Com Stockholders | -3.4M | -4.3M | -6.0M | -4.7M | -- |
| Gain On Sale Of Ppe | -- | 0.00 | -15,465 | -41,199 | 0.00 |
| Insurance And Claims | 110,133 | 136,595 | 109,518 | -- | -- |
| Net Income Continuous Operations | -3.4M | -4.3M | -6.0M | -4.7M | -- |
| Net Non Operating Interest Income Expense | -925,734 | -407,884 | -107,925 | -337,425 | -- |
| Other Gand A | 334,640 | 457,235 | 588,158 | -- | -- |
| Other Special Charges | -55,803 | -- | -- | -- | -- |
| Reconciled Cost Of Revenue | 2.8M | 1.6M | 2.9M | 2.3M | -- |
| Salaries And Wages | 2.0M | 2.3M | 3.9M | -- | -- |
| Selling And Marketing Expense | 193,298 | 281,958 | 446,921 | -- | -- |
| Total Expenses | 6.2M | 5.5M | 8.6M | 7.5M | -- |
| Total Operating Income As Reported | -2.4M | -3.9M | -5.6M | -4.3M | -- |
| 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 | 354,032 | 56,274 | 324,045 | 2.5M | -- |
| Cash Cash Equivalents And Short Term Investments | 354,032 | 56,274 | 324,045 | 2.5M | -- |
| Accounts Receivable | 24,390 | 38,020 | 44,889 | 400,043 | -- |
| Receivables | 161,216 | 184,268 | 59,392 | 837,826 | -- |
| Inventory | 257,933 | 1.2M | 701,469 | 1.2M | -- |
| Prepaid Assets | 67,860 | 89,302 | 168,228 | 246,006 | -- |
| Current Assets | 861,739 | 1.6M | 1.3M | 4.8M | -- |
| Gross PPE | 7.7M | 7.6M | 7.6M | 5.3M | -- |
| Accumulated Depreciation | -5.8M | -5.2M | -4.8M | -4.3M | -- |
| Net PPE | 1.9M | 2.4M | 2.9M | 1.1M | -- |
| Other Non Current Assets | 27,930 | 27,930 | 27,930 | 27,930 | -- |
| Total Non Current Assets | 1.9M | 2.4M | 2.9M | 1.4M | -- |
| Total Assets | 2.8M | 4.0M | 4.2M | 6.2M | -- |
| Current Debt | 3.4M | 1.1M | 66,000 | 12,000 | -- |
| Current Debt And Capital Lease Obligation | 3.8M | 1.5M | 296,738 | 121,678 | -- |
| Accounts Payable | 1.9M | 2.1M | 1.5M | 1.4M | -- |
| Payables | 1.9M | 2.1M | 1.5M | 1.4M | -- |
| Payables And Accrued Expenses | 1.9M | 2.1M | 1.7M | 1.6M | -- |
| Current Accrued Expenses | -- | 158,375 | 191,016 | 222,734 | 179,001 |
| Current Deferred Revenue | 15,608 | 989,123 | 240,197 | 390,812 | -- |
| Current Liabilities | 5.7M | 4.5M | 2.2M | 2.2M | -- |
| Long Term Debt | 620,452 | 688,213 | 76,869 | 123,932 | -- |
| Long Term Debt And Capital Lease Obligation | 1.8M | 2.2M | 2.0M | 893,802 | -- |
| Long Term Capital Lease Obligation | 1.1M | 1.5M | 1.9M | 769,870 | -- |
| Total Non Current Liabilities Net Minority Interest | 1.8M | 2.2M | 2.6M | 1.7M | -- |
| Total Liabilities Net Minority Interest | 7.5M | 6.8M | 4.8M | 3.8M | -- |
| Common Stock | 84.4M | 83.2M | 81.6M | 79.9M | -- |
| Capital Stock | 84.4M | 83.2M | 81.6M | 79.9M | -- |
| Additional Paid In Capital | 11.4M | 11.0M | 10.6M | 9.3M | -- |
| Retained Earnings | -100.7M | -97.3M | -93.0M | -87.0M | -- |
| Common Stock Equity | -4.7M | -2.8M | -612,074 | 2.3M | -- |
| Stockholders Equity | -4.7M | -2.8M | -612,074 | 2.3M | -- |
| Total Equity Gross Minority Interest | -4.7M | -2.8M | -612,074 | 2.3M | -- |
| Total Capitalization | -4.1M | -2.1M | -535,205 | 2.5M | -- |
| Net Tangible Assets | -4.7M | -2.8M | -612,074 | 2.3M | -- |
| Tangible Book Value | -4.7M | -2.8M | -612,074 | 2.3M | -- |
| Working Capital | -4.9M | -3.0M | -934,639 | 2.6M | -- |
| Invested Capital | -698,198 | -981,352 | -469,205 | 2.5M | -- |
| Total Debt | 5.6M | 3.7M | 2.3M | 1.0M | -- |
| Net Debt | 3.7M | 1.8M | -- | -- | -- |
| Share Issued | 77.0M | 65.7M | 59.2M | 55.5M | -- |
| Ordinary Shares Number | 77.0M | 65.7M | 59.2M | 55.5M | -- |
| Buildings And Improvements | 2.4M | 2.4M | 2.4M | 1.1M | -- |
| Capital Lease Obligations | 1.5M | 1.9M | 2.1M | 879,548 | -- |
| Current Capital Lease Obligation | 406,409 | 351,935 | 230,738 | 109,678 | -- |
| Current Deferred Liabilities | 15,608 | 989,123 | 240,197 | 390,812 | -- |
| Current Notes Payable | 3.2M | 950,354 | 0.00 | -- | -- |
| Leases | 1.2M | 1.2M | 1.2M | 1.1M | -- |
| Machinery Furniture Equipment | 561,489 | 561,489 | 561,489 | 554,440 | -- |
| Non Current Accrued Expenses | -- | 631,870 | 581,263 | 783,787 | 748,506 |
| Non Current Note Receivables | -- | -- | 0.00 | 312,300 | 0.00 |
| Notes Receivable | 100.00 | 100.00 | 100.00 | 0.00 | -- |
| Other Current Borrowings | 194,246 | 194,375 | 66,000 | 12,000 | -- |
| Other Equity Interest | 141,775 | 273,598 | 200,512 | 118,579 | -- |
| Other Properties | 3.5M | 3.5M | 3.5M | 2.6M | -- |
| Other Receivables | -- | -- | 14,403 | 437,783 | 94,561 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Raw Materials | 106,699 | 232,708 | 187,571 | 483,853 | -- |
| Restricted Cash | 20,698 | 20,698 | 20,698 | 20,698 | -- |
| Taxes Receivable | 136,726 | 146,148 | 14,403 | -- | -- |
| Work In Process | 151,234 | 986,468 | 513,898 | 695,693 | -- |
| 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 | -1.6M | -2.2M | -2.3M | -4.3M | -- |
| Cash Flow From Continuing Operating Activities | -1.6M | -2.2M | -2.3M | -4.3M | -- |
| Depreciation And Amortization | 530,108 | 521,559 | 506,627 | 177,779 | -- |
| Depreciation Amortization Depletion | 530,108 | 521,559 | 506,627 | 177,779 | -- |
| Stock Based Compensation | 226,307 | 470,296 | 1.5M | 1.8M | -- |
| Change In Working Capital | 329,573 | 716,200 | 1.2M | -1.7M | -- |
| Change In Receivables | 23,052 | -124,876 | 778,534 | -673,241 | -- |
| Change In Inventory | 961,243 | -517,707 | 478,077 | -916,699 | -- |
| Change In Payables And Accrued Expense | 297,351 | 530,931 | 64,369 | -82,778 | -- |
| Change In Payable | 297,351 | 530,931 | 64,369 | -82,778 | -- |
| Change In Other Working Capital | -973,515 | 748,926 | -150,615 | 202,388 | -- |
| Other Non Cash Items | 739,637 | 328,163 | -46,538 | 94,962 | -- |
| Capital Expenditure | -37,523 | -31,318 | -1.0M | -214,739 | -- |
| Purchase Of PPE | -37,523 | -31,318 | -1.0M | -214,739 | -- |
| Net PPE Purchase And Sale | -37,523 | -31,318 | -1.0M | -214,739 | -- |
| Investing Cash Flow | -37,523 | -31,318 | -1.0M | -534,539 | -- |
| Cash Flow From Continuing Investing Activities | -37,523 | -31,318 | -1.0M | -534,539 | -- |
| Issuance Of Debt | 1.2M | 842,338 | 0.00 | 0.00 | -- |
| Repayment Of Debt | -536,181 | -442,493 | -195,470 | -98,595 | -- |
| Net Issuance Payments Of Debt | 707,284 | 399,845 | -195,470 | -98,595 | -- |
| Issuance Of Capital Stock | 1.2M | 1.2M | 0.00 | 1.3M | -- |
| Net Common Stock Issuance | 1.2M | 1.2M | 0.00 | 1.3M | -- |
| Financing Cash Flow | 1.9M | 2.0M | 1.2M | 2.3M | -- |
| Cash Flow From Continuing Financing Activities | 1.9M | 2.0M | 1.2M | 2.3M | -- |
| Changes In Cash | 297,758 | -267,771 | -2.1M | -2.6M | -- |
| Beginning Cash Position | 56,274 | 324,045 | 2.5M | 5.0M | -- |
| End Cash Position | 354,032 | 56,274 | 324,045 | 2.5M | -- |
| Free Cash Flow | -1.6M | -2.3M | -3.3M | -4.5M | -- |
| Interest Paid Supplemental Data | -- | -- | 288,804 | 471,617 | 91,475 |
| Change In Prepaid Assets | 21,442 | 78,926 | 77,778 | -236,006 | -- |
| Common Stock Issuance | 1.2M | 1.2M | 0.00 | 1.3M | -- |
| Depreciation | 530,108 | -- | 506,627 | 177,779 | 168,234 |
| Gain Loss On Sale Of PPE | -- | 0.00 | 15,465 | 41,199 | 0.00 |
| Long Term Debt Issuance | 1.2M | 842,338 | 0.00 | 0.00 | -- |
| Long Term Debt Payments | -536,181 | -442,493 | -195,470 | -98,595 | -- |
| Net Income From Continuing Operations | -3.4M | -4.3M | -6.0M | -4.7M | -- |
| Net Long Term Debt Issuance | 707,284 | 399,845 | -195,470 | -98,595 | -- |
| Net Other Financing Charges | -21,215 | -- | -- | -25,839 | 3.7M |
| Net Other Investing Changes | -- | -- | -- | -319,800 | -- |
| Operating Gains Losses | -55,803 | 106,196 | 187,206 | 41,199 | -- |
| Proceeds From Stock Option Exercised | 0.00 | 412,314 | 1.4M | 1.1M | -- |
| Unrealized Gain Loss On Investment Securities | -- | 0.00 | 312,200 | 7,500 | 0.00 |