XML 26 R15.htm IDEA: XBRL DOCUMENT v3.20.2
Net Loss Per Common Share
3 Months Ended
Jul. 31, 2020
Earnings Per Share [Abstract]  
Net Loss Per Common Share

NOTE 9 — NET LOSS PER COMMON SHARE

 

Net loss per share of common stock is calculated in accordance with ASC 260, “Earnings Per Share”. Basic loss per share is computed by dividing net loss available to common stockholder, 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 impact on the Company’s net loss. In periods where the Company has a net loss, all dilutive securities are excluded.

 

    July 31, 2020     July 31, 2019  
Common stock equivalents:                
Preferred stock     -       -  
Restricted stock units     32,500       111,228  
Stock options     100,000       136,895  
Stock warrants     746,753       499,360  
Total     879,253       747,483