v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jan. 31, 2018
Apr. 30, 2017
Current Assets:    
Cash $ 1,507,847 $ 3,464,229
Prepaid expenses and other current assets 88,394 74,274
Total Current Assets 1,596,241 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 6,725,233 8,667,495
Current Liabilities:    
Accounts payable 305,592 365,600
Accrued expenses 281,564 214,648
Binding term sheet obligation 300,000 0
Total current liabilities 887,156 580,248
Total Liabilities 887,156 580,248
Stockholders' Equity    
Common stock, authorized 1,490,000,000 shares, $0.0001 par value, 980,267,811 and 905,349,047 shares issued and outstanding as of January 31, 2018 and April 30, 2017, respectively 98,027 90,534
Additional paid in capital 100,409,968 97,130,279
Accumulated deficit (94,668,675) (89,135,302)
Accumulated other comprehensive income (loss) (1,243) 1,736
Total stockholders' equity 5,838,077 8,087,247
Total Liabilities and Stockholders' Equity $ 6,725,233 $ 8,667,495

Source

v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Jan. 31, 2018
Jan. 31, 2017
Revenues:        
Revenue $ 0 $ 0 $ 0 $ 0
Operating Expenses:        
Research and development costs 802,564 579,717 1,745,692 1,008,489
Compensation expense 636,999 397,554 1,793,946 1,304,032
Director fees 31,093 9,000 209,574 27,000
Legal and professional 107,149 143,911 434,688 378,677
General and administrative 452,855 151,833 1,349,473 569,409
Total operating expenses 2,030,660 1,282,015 5,533,373 3,287,607
Loss from operations (2,030,660) (1,282,015) (5,533,373) (3,287,607)
Other income (expense):        
Interest expense 0 (131) 0 (1,056)
Total other income (expense), net 0 (131) 0 (1,056)
Net loss $ (2,030,660) $ (1,282,146) $ (5,533,373) $ (3,288,663)
Basic and diluted loss per share $ (0.00) $ (0.00) $ (0.01) $ (0.00)
Weighted average shares outstanding basic and diluted 975,848,246 859,529,933 958,198,483 832,203,911

Source

v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Cash flows from operating activities:    
Net loss $ (5,533,373) $ (3,288,663)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock issued for services 201,576 72,950
Stock issued for compensation 488,290 191,680
Stock based compensation - options 766,382 456,002
Change in assets and liabilities:    
Decrease in prepaid expenses and other current assets 65,405 88,828
Increase (decrease) in accounts payable (60,008) 98,991
Increase (decrease) in accrued expenses 66,916 (8,363)
Increase in binding term sheet obligation 300,000 0
Decrease in license agreement obligation 0 (150,000)
Net cash used in operating activities (3,704,812) (2,538,575)
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 1,751,409 3,080,883
Net cash provided by financing activities 1,751,409 3,080,883
Effect of currency rate exchange on cash (2,979) 1,138
Net increase (decrease) in cash (1,956,382) 543,446
Cash at beginning of the period 3,464,229 1,920,825
Cash at end of the period 1,507,847 2,464,271
Supplementary disclosures of cash flows information:    
Cash paid during the period for interest $ 0 $ 1,056

Source