v3.10.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Apr. 30, 2018
Apr. 30, 2017
Current Assets:    
Cash $ 1,059,798 $ 3,464,229
Prepaid expenses and other current assets 224,067 74,274
Total Current Assets 1,283,865 3,538,503
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 6,412,857 8,667,495
Current Liabilities:    
Accounts payable 352,621 365,600
Accrued expenses 291,547 214,648
Total current liabilities 644,168 580,248
Total Liabilities 644,168 580,248
Commitments and Contingencies (Notes 6 and 8)
Stockholders' Equity    
Common stock, authorized: 1,490,000,000 shares, $0.0001 par value; 1,013,260,644 and 905,349,047 shares issued and outstanding as of April 30, 2018 and 2017, respectively 101,326 90,534
Additional paid in capital 101,636,215 97,130,279
Accumulated deficit (95,964,143) (89,135,302)
Accumulated other comprehensive income (loss) (4,709) 1,736
Total stockholders' equity 5,768,689 8,087,247
Total Liabilities and Stockholders' Equity $ 6,412,857 $ 8,667,495

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v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Apr. 30, 2018
Apr. 30, 2017
Revenues:    
Revenue $ 0 $ 0
Operating Expenses:    
Research and development costs 1,997,811 1,182,251
Compensation expense 2,220,797 1,970,925
Director fees 326,540 65,500
Legal and professional fees 617,358 478,674
General and administrative 1,818,923 744,796
Total operating expenses 6,981,429 4,442,146
Loss from operations (6,981,429) (4,442,146)
Other income (expense):    
Other income 152,588 0
Interest expense, net 0 (1,539)
Total other income (expense), net 152,588 (1,539)
Net loss $ (6,828,841) $ (4,443,685)
Basic and diluted loss per share $ (0.01) $ (0.01)
Weighted average shares outstanding basic and diluted 968,641,686 845,308,413

Source

v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Apr. 30, 2018
Apr. 30, 2017
Cash flows from operating activities:    
Net loss $ (6,828,841) $ (4,443,685)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 309,881 107,500
Stock issued for compensation 580,360 420,480
Stock based compensation - options 945,078 597,400
Change in operating assets and liabilities:    
Increase in prepaid expenses and other current assets (149,793) 36,234
Increase / (decrease) in accounts payable (12,979) 29,591
Increase / (decrease) in accrued expenses 76,899 63,018
Increase / (decrease) in license agreement obligation 0 (150,000)
Net cash used in operating activities (5,079,395) (3,339,462)
Cash flows from investing activities:    
Net cash used in investing activities 0 0
Cash flows from financing activities:    
Proceeds from sale of common stock, net of issuance costs 2,681,409 4,881,936
Net cash provided by financing activities 2,681,409 4,881,936
Effect of currency rate exchange on cash (6,445) 930
Net increase (decrease) in cash (2,404,431) 1,543,404
Cash at beginning of the year 3,464,229 1,920,825
Cash at end of the year 1,059,798 3,464,229
Supplementary disclosures of cash flows information:    
Cash paid during the year for interest 0 1,539
Cash paid during the years for taxes $ 800 $ 800

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