Net Loss Per Common Share

6 Months Ended

Oct. 31, 2019

Earnings Per Share [Abstract]

Net Loss Per Common Share

NOTE 9 — NET LOSS PER COMMON SHARE

Net loss per common share is calculated in accordance with ASC 260, “Earnings Per Share”. Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of shares of common stock outstanding during the period. The following were excluded from the computation of diluted shares outstanding as they would have had an anti-dilutive effect on the Company’s net loss. In periods where the Company has a net loss, all dilutive securities are excluded.

	Three and Six Months Ended October 31, 2019		Three and Six Months Ended October 31, 2018
Common stock equivalents:
Preferred stock		473,684		-
Restricted stock units		325,000		500,000
Stock options		1,368,958		1,481,458
Stock warrants		4,993,609		1,702,359
Total		7,161,251		3,683,817