STOCKHOLDERS’ EQUITY (Tables)

3 Months Ended

Jul. 31, 2021

Equity [Abstract]

SCHEDULE OF STOCK OPTION ACTIVITY

The following is a summary of the Company’s stock option activity during the periods ended July 31, 2021 and April 30, 2021:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)
Balance at April 30, 2021		95,000	$	14.63		1.57
Granted		—		—		—
Exercised		—		—		—
Forfeited		—		—		—
Cancelled		—		—		—
Balance at July 31, 2021		95,000		14.63		1.34
Options exercisable at end of period		95,000	$	14.63
Options expected to vest		—	$	—
Weighted average fair value of options granted during the period			$	—

SCHEDULE OF STOCK WARRANT ACTIVITY

A summary of the Company’s outstanding warrants to purchase shares of common stock as of July 31, 2021 and changes during the period ended as presented below:

U.S. GOLD CORP. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

JULY 31, 2021

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)
Warrants with no Class designation:
Balance at April 30, 2021		1,428,794		$	12.00		4.08
Granted		—			—		—
Exercised		—			—		—
Forfeited		(142,972	)		32.17		—
Canceled		—			—		—
Balance at July 31, 2021		1,285,822			9.76		4.33
Class A Warrants:
Balance at April 30, 2021		109,687			11.40		3.22
Granted		—			—		—
Exercised		—			—		—
Forfeited		—			—		—
Canceled		—			—		—
Balance at July 31, 2021		109,687			11.40		2.97
Total Warrants Outstanding at July 31, 2021		1,395,509		$	9.89		4.22
Warrants exercisable at end of period		891,951		$	7.29
Weighted average fair value of warrants granted during the period				$	—