Quarterly report pursuant to Section 13 or 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.2
SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Jul. 31, 2021
Accounting Policies [Abstract]  
The following sets forth the number of shares of Common Stock underlying outstanding convertible preferred stock, options, warrants, and convertible notes that have been excluded from the computation of loss per common share:

The following sets forth the number of shares of Common Stock underlying outstanding convertible preferred stock, options, warrants, and convertible notes that have been excluded from the computation of loss per common share:

 

    For the Three Months Ended July 31,  
    2021     2020  
Series A convertible preferred stock     -       15,000,000  
Stock options (1)     17,950,000       16,175,000  
Warrants     8,830,785       6,652,035  
Convertible notes     232,049       -  
      27,012,834       37,827,035  

 

(1) The Company has excluded 7,250,000 stock options, with an exercise price of $0.0004, from its anti-dilutive securities as these shares have been included in our determination of basic loss per share as they represent shares issuable for little or no cash consideration upon the satisfaction of certain conditions pursuant to ASC 260-10-45-14