CASH FLOW STATEMENT

CONDENSED CONSOLIDATED CASH FLOW STATEMENTS - USD ($)
Apr 30, 2026 Apr 30, 2025
OPERATING ACTIVITIES
Net Income$ -14,870,371.00$ -30,234,000.00
Depreciation And Amortization$ 1,579,398.00$ 5,119,000.00
Deferred Income Tax$ -174,285.00$ -3,935,000.00
Stock Based Compensation$ 0.00$ 445,000.00
Change In Working Capital$ -2,026,434.00$ 276,990.00
Accounts Receivables$ -2,246,998.00$ -391,804.00
Inventory$ -52,186.00$ 99,027.00
Accounts Payables$ -212,686.00$ 593,447.00
Other Working Capital$ 485,436.00$ -23,680.00
Other Non Cash Items$ 3,219,845.00$ 21,918,010.00
Net Cash Provided By Operating Activities$ -12,271,847.00$ -6,410,000.00
Operating Cash Flow$ -12,271,847.00$ -6,410,000.00
INVESTING ACTIVITIES
Investments In Property Plant And Equipment$ -391,895.00$ -799,000.00
Capital Expenditure$ -391,896.00$ -799,000.00
Acquisitions Net$ 14,036,363.00$ 0.00
Purchases Of Investments$ 0.00$ 0.00
Sales Maturities Of Investments$ 0.00$ 0.00
Other Investing Activities$ -307,216.00$ 0.00
Net Cash Provided By Investing Activities$ 13,337,252.00$ -799,000.00
FINANCING ACTIVITIES
Net Debt Issuance$ -782,000.00$ 2,665,000.00
Long Term Net Debt Issuance$ -782,000.00$ 2,665,000.00
Short Term Net Debt Issuance$ 0.00$ 0.00
Net Stock Issuance$ 883,241.00$ 12,228,000.00
Net Common Stock Issuance$ 883,241.00$ 12,228,000.00
Common Stock Issuance$ 883,241.00$ 12,228,000.00
Common Stock Repurchased$ 0.00$ 0.00
Net Preferred Stock Issuance$ 0.00$ 0.00
Net Dividends Paid$ 0.00$ 0.00
Common Dividends Paid$ 0.00$ 0.00
Preferred Dividends Paid$ 0.00$ 0.00
Other Financing Activities$ 11,994.00$ 0.00
Net Cash Provided By Financing Activities$ 113,235.00$ 14,893,000.00
CASH POSITION
Effect Of Forex Changes On Cash$ -341,094.00$ -438,000.00
Net Change In Cash$ 837,546.00$ 7,246,000.00
Cash At Beginning Of Period$ 10,491,277.00$ 3,545,000.00
Cash At End Of Period$ 11,328,823.00$ 10,791,000.00
Free Cash Flow$ -12,663,744.00$ -7,209,000.00
Income Taxes Paid$ 0.00$ 2,000.00
Interest Paid$ 0.00$ 0.00