v3.19.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Apr. 30, 2019
Apr. 30, 2018
Current Assets:    
Cash $ 515,253 $ 1,059,798
Prepaid expenses and other current assets 138,151 224,067
Total Current Assets 653,404 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 5,782,396 6,412,857
Current Liabilities:    
Accounts payable 121,885 352,621
Accrued expenses 620,966 291,547
Total current liabilities 742,851 644,168
Total Liabilities 742,851 644,168
Commitments and Contingencies (Notes 6 and 8)
Stockholders' Equity    
Common stock, authorized: 1,490,000,000 shares, $0.0001 par value; 1,186,004,505 and 1,1013,260,644 shares issued and outstanding as of April 30, 2019 and 2018, respectively 118,600 101,326
Additional paid in capital 104,966,158 101,636,215
Accumulated deficit (100,031,371) (95,964,143)
Accumulated other comprehensive income (loss) (13,842) (4,709)
Total stockholders' equity 5,039,545 5,768,689
Total Liabilities and Stockholders' Equity $ 5,782,396 $ 6,412,857

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v3.19.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Revenues:    
Revenue $ 0 $ 0
Operating Expenses:    
Research and development costs 460,052 1,997,811
Compensation expense 1,555,258 2,220,797
Director fees 406,812 326,540
Legal and professional fees 299,963 617,358
General and administrative 1,378,544 1,818,923
Total operating expenses 4,100,629 6,981,429
Loss from operations (4,100,629) (6,981,429)
Other income (expense):    
Other income 33,401 152,588
Total other income 33,401 152,588
Net loss $ (4,067,228) $ (6,828,841)
Basic and diluted loss per share $ (0.00) $ (0.01)
Weighted average shares outstanding basic and diluted 1,100,104,338 968,641,686

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v3.19.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Apr. 30, 2019
Apr. 30, 2018
Cash flows from operating activities:    
Net loss $ (4,067,228) $ (6,828,841)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 316,539 309,881
Stock issued for compensation 293,329 580,360
Stock based compensation - options 412,349 945,078
Change in operating assets and liabilities:    
Increase in prepaid expenses and other current assets 85,916 (149,793)
Increase / (decrease) in accounts payable (230,736) (12,979)
Increase / (decrease) in accrued expenses 311,919 76,899
Net cash used in operating activities (2,877,912) (5,079,395)
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 2,342,500 2,681,409
Net cash provided by financing activities 2,342,500 2,681,409
Effect of currency rate exchange on cash (9,133) (6,445)
Net increase (decrease) in cash (544,545) (2,404,431)
Cash at beginning of the year 1,059,798 3,464,229
Cash at end of the year 515,253 1,059,798
Supplemental disclosures of cash flows information:    
Cash paid during the years for taxes 800 800
Supplemental schedule of noncash investing and financing activity:    
Issuance costs for shares issued $ 17,500 $ 0

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