v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jul. 31, 2018
Apr. 30, 2018
Current Assets:    
Cash $ 1,831,282 $ 1,059,798
Prepaid expenses and other current assets 120,817 224,067
Total Current Assets 1,952,099 1,283,865
Other assets:    
Intangibles 3,549,427 3,549,427
Investment in SG Austria 1,572,193 1,572,193
Other assets 7,372 7,372
Total other assets 5,128,992 5,128,992
Total Assets 7,081,091 6,412,857
Current Liabilities:    
Accounts payable 575,015 352,621
Accrued expenses 307,928 291,547
Total current liabilities 882,943 644,168
Total Liabilities 882,943 644,168
Commitments and Contingencies (Notes 6 and 8) 0 0
Stockholders' Equity    
Common stock, authorized 1,490,000,000 shares, $0.0001 par value, 1,079,499,960 and 1,013,260,644 shares issued and outstanding as of July 31, 2018 and April 30, 2018, respectively 107,950 101,326
Additional paid in capital 103,275,686 101,636,215
Accumulated deficit (97,179,506) (95,964,143)
Accumulated other comprehensive loss (5,982) (4,709)
Total stockholders' equity 6,198,148 5,768,689
Total Liabilities and Stockholders' Equity $ 7,081,091 $ 6,412,857

Source

v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Revenues:    
Revenue $ 0 $ 0
Operating Expenses:    
Research and development costs 267,794 427,670
Compensation expense 417,190 581,434
Director fees 81,130 96,346
Legal and professional 147,636 195,109
General and administrative 301,613 387,856
Total operating expenses 1,215,363 1,688,415
Loss from operations (1,215,363) (1,688,415)
Net loss $ (1,215,363) $ (1,688,415)
Basic and diluted loss per share $ (0.00) $ (0.00)
Weighted average shares outstanding basic and diluted 1,046,496,430 925,579,393

Source

v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Cash flows from operating activities:    
Net loss $ (1,215,363) $ (1,688,415)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 45,800 28,032
Stock issued for compensation 92,070 171,600
Stock based compensation - options 113,225 244,701
Change in assets and liabilities:    
Decrease in prepaid expenses and other current assets 103,250 23,082
Increase in accounts payable 222,394 262,584
Increase in accrued expenses 16,381 22,849
Net cash used in operating activities (622,243) (935,567)
Cash flows from investing activities:    
Net cash provided by (used in) investing activities 0 0
Cash flows from financing activities:    
Proceeds from sale of common stock, net of issuance costs 1,395,000 1,751,409
Net cash provided by financing activities 1,395,000 1,751,409
Effect of currency rate exchange on cash (1,273) (1,718)
Net increase in cash 771,484 543,446
Cash at beginning of the period 1,059,798 3,464,229
Cash at end of the period $ 1,831,282 $ 4,278,353

Source