v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jul. 31, 2026
Apr. 30, 2026
Jul. 31, 2025
Apr. 30, 2025
Jul. 31, 2026
Jul. 31, 2025
Jan. 31, 2026
Cash flows from operating activities:              
Net loss $ (2,206,694) $ (1,511,930) $ (777,964) $ (682,888) $ (3,718,624) $ (1,460,852)  
Adjustments to reconcile net loss to net cash used in operating activities:              
Stock-based compensation 318,026   597,500   663,026 875,000  
Amortization of ROU asset         649  
Amortization of debt discount         807,645  
Change in assets and liabilities:              
Prepaid expenses         (294,762) (66,432)  
Other receivable         35,000 3,644  
Accounts payable and accrued expenses         (195,166) 122,673  
Accounts payable and accrued expenses - related party         (186,613) 30,000  
Accrued interest         (392,175) 169,844  
Net cash used in operating activities         (3,281,020) (326,123)  
Cash flows used in investing activities:              
Purchase of mining asset         (500,000)  
Net cash used in investing activities         (500,000)  
Cash flows provided by financing activities:              
Proceeds from sale of common stock         16,548,166  
Proceeds from exercise of warrants         162,000  
Proceeds from convertible notes payable         1,440,000  
Proceeds from note payable         65,000  
Proceeds from notes payable to related party         100,000  
Repayment of debenture         (1,791,000)  
Repayment of notes payable         (185,000)  
Repayment of notes payable to related parties         (234,000)  
Net cash provided by financing activities         15,878,166 227,000  
Net increase (decrease) in cash         12,097,146 (99,123)  
Cash at beginning of period   $ 24,274   $ 100,678 24,274 100,678 $ 100,678
Cash at end of period $ 12,121,420   $ 1,555   12,121,420 1,555 $ 24,274
Cash paid for interest         429,058 11,785  
Cash paid for taxes          
Non-cash investing and financing activities:              
Conversion of notes payable and accrued interest into convertible notes payable         102,947  
Conversion of notes payable and accrued interest into common stock         119,849  
Issuance of warrants for convertible notes payable         780,854  
Issuance of common stock for mining asset         1,500,000  
Right of use asset         $ 21,704