loss                        --            --        734,143             -- 
   Investment loss, 
    net                        --       333,867             --        573,357 
   Interest 
    (income) 
    expense, net          (14,634)       19,696        (39,188)        41,553 
   Other, net               2,526        (1,544)       (26,531)            -- 
                      -----------    ----------    -----------    ----------- 
Other expense           4,218,199       352,019      8,907,088        614,910 
 
Net loss from 
 continuing 
 operations           (13,334,618)   (5,244,299)   (25,750,994)   (10,838,594) 
 
Loss from 
 discontinued 
 operations                    --      (599,511)            --       (842,084) 
                      -----------    ----------    -----------    ----------- 
Net loss             $(13,334,618)  $(5,843,810)  $(25,750,994)  $(11,680,678) 
 
Loss per share - 
 basic and diluted   $      (0.18)  $     (0.11)  $      (0.34)  $      (0.21) 
                      ===========    ==========    ===========    =========== 
 
Weighted average 
 shares outstanding 
 - basic and 
 diluted               76,184,777    55,606,336     75,342,629     55,270,838 
                      ===========    ==========    ===========    =========== 
 
 
          Condensed Consolidated Statements of Cash Flows 
 
 
 
                                            Six months ended 
                                               October 31, 
                                       -------------------------- 
                                          2024           2023 
   Cash Flows from Operating 
   Activities 
    Net loss from continuing 
     operations                       $(25,750,994)  $(10,838,594) 
    Non-cash expenses                   12,662,208      3,411,397 
    Changes in operating assets and 
     liabilities                           601,073     (3,813,162) 
                                       -----------    ----------- 
   Net cash used in operating 
    activities                         (12,487,713)   (11,240,359) 
 
   Cash Flows from Investing 
   Activities 
    Proceeds from sale of equity 
    method investment and note 
    receivable                           4,400,000             -- 
    Proceeds from sale of marketable 
     securities                                 --     10,205,501 
    Other                                 (123,793)      (139,860) 
                                       -----------    ----------- 
   Net cash provided by investing 
    activities                           4,276,207     10,065,641 
 
   Cash Flows from Financing 
   Activities 
    Proceeds from issuance of 
    convertible notes payable, net       7,681,000             -- 
    Payments of debt obligations, 
     net                                  (394,606)      (279,126) 
    Payments related to employee 
     equity transactions                  (530,965)       (16,292) 
    Proceeds from issuance of common 
     stock through ATM facility, 
     net                                        --          9,212 
   Net cash used in financing 
    activities                           6,755,429       (286,206) 
                                       -----------    ----------- 
 
   Net cash used in discontinued 
    operations                                  --       (384,094) 
                                       -----------    ----------- 
 
   Net decrease in Cash                 (1,456,077)    (1,845,018) 
   Cash, beginning of period             6,067,169      3,260,305 
                                       -----------    ----------- 
   Cash, end of period                   4,611,092      1,415,287 
   Less: Cash of discontinued 
    operations                                  --         (6,310) 
                                       -----------    ----------- 
   Cash of continuing operations, 
    end of period                        4,611,092      1,408,977 
   Marketable securities                        --      2,615,289 
                                       -----------    ----------- 
   Cash of continuing operations and 
    marketable securities             $  4,611,092   $  4,030,576 
                                       ===========    =========== 
 
 

(END) Dow Jones Newswires

December 16, 2024 16:10 ET (21:10 GMT)