INCOME STATEMENT

CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS (UNAUDITED) - USD ($)
Apr 30, 2026 Apr 30, 2025
REVENUE
Revenue$ 15,319,377.00$ 24,520,000.00
Cost Of Revenue$ 6,311,685.00$ 10,972,000.00
Gross Profit$ 9,007,691.00$ 13,548,000.00
OPERATING EXPENSES
Research And Development Expenses$ 4,857,339.00$ 4,943,000.00
General And Administrative Expenses$ 0.00$ 14,735,000.00
Selling And Marketing Expenses$ 0.00$ 4,298,000.00
Selling General And Administrative Expenses$ 18,858,255.00$ 19,033,000.00
Other Expenses$ 0.00$ 1,768,000.00
Operating Expenses$ 23,715,595.00$ 25,744,000.00
Cost And Expenses$ 30,027,281.00$ 36,716,000.00
PROFITABILITY
Operating Income$ -14,707,902.00$ -12,196,000.00
EBITDA$ -13,128,504.00$ -28,855,000.00
EBIT$ -14,707,902.00$ -33,974,000.00
INTEREST AND OTHER INCOME
Net Interest Income$ 0.00$ -9,914.00
Interest Income$ 0.00$ 0.00
Interest Expense$ 0.00$ 9,914.00
Non Operating Income Excluding Interest$ 0.00$ 21,778,000.00
Total Other Income Expenses Net$ -605,566.00$ -22,071,000.00
TAXES AND NET INCOME
Income Before Tax$ -15,313,469.00$ -34,267,000.00
Income Tax Expense$ -443,097.00$ -4,033,000.00
Net Income From Continuing Operations$ -14,870,371.00$ -30,234,000.00
Net Income From Discontinued Operations$ 1,135,315.00$ 0.00
Other Adjustments To Net Income$ 0.00$ 0.00
Net Income$ -13,735,056.00$ -30,234,000.00
Net Income Deductions$ 0.00$ 0.00
Bottom Line Net Income$ -13,735,056.00$ -30,234,000.00
PER SHARE METRICS
EPS$ -0.30$ -0.90
EPS Diluted$ -0.30$ -0.90
Weighted Average Shares Outstanding$ 46,381,559.00$ 33,385,000.00
Weighted Average Diluted Shares Outstanding$ 46,381,559.00$ 33,385,000.00
ADDITIONAL METRICS
Depreciation And Amortization$ 1,579,398.00$ 5,119,000.00

SOURCE