• Filing Date: 2019-07-11
  • Form Type: 10-K
  • Description: Annual report
v3.19.2
Loss per share (Tables)
12 Months Ended
Apr. 30, 2019
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
      Year ended April 30,  
      2019     2018  
  Numerator            
       Income available to common stockholders $  (5,013,439 ) $  (3,220,670 )
               
  Denominator            
       Weighted average shares outstanding   5,942,096     5,496,201  
       Effect of dilutive securities (1) (2)        
      5,942,096     5,496,201  
               
  Basic and diluted loss per share $  (0.84 ) $  (0.59 )

(1) For the years ended April 30, 2019 and 2018, potentially dilutive securities including stock options and deferred share units totalling 1,249,940 and 1,140,432, respectively, were excluded from the computation of diluted loss per share because their effect was anti-dilutive.

(2) Diluted by assumed exercise of outstanding common share equivalents using the treasury stock method.