$APHD

APPIPHANY TECHNOLOGIES HOLDINGS CORP

CIK:0001490054|SEC Filings

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2024	Jan. 31, 2023
Revenue
Mineral property and royalty revenues	$ 75,991	$ 170,312	$ 211,181	$ 794,578
Operating Expenses
Consulting fees	73,197	63,640	229,056	296,321
Depletion expense	47,003	84,700	142,286	395,916
General and administrative	206,944	235,535	556,421	949,035
Depreciation expense	15,482	15,483	46,448	46,099
Professional fees	138,345	32,825	265,650	167,882
Project expenditures	5,510	152,306	12,091	177,238
Total Operating Expenses	486,481	584,489	1,251,952	2,032,491
Net Operating Loss	(410,490)	(414,177)	(1,040,771)	(1,237,913)
Other Income (Expenses)
Finance charges	(11,760)	(15,960)	(30,510)	(56,160)
Interest expense		(9,699)	(11,562)	(39,762)
Loss on disposal of property	(1,070,842)		(1,070,842)
Other revenue			11,885
Total Other Income (Expenses)	(1,082,602)	(25,659)	(1,101,029)	(95,922)
Loss Before Income Taxes	(1,493,092)	(439,836)	(2,141,800)	(1,333,835)
Provision for Income Taxes
Net Loss	(1,493,092)	(439,836)	(2,141,800)	(1,333,835)
Series C Preferred Stock Dividends	(18,618)	(21,855)	(57,384)	(68,789)
Net Loss to Stockholders	$ (1,511,710)	$ (461,691)	$ (2,199,184)	$ (1,402,624)
Net Loss Per Share – Basic (in Dollars per share)	$ 0	$ 0	$ 0	$ 0
Weighted Average Shares Outstanding – Basic (in Shares)	1,856,601,805	1,367,786,733	1,731,165,090	1,300,490,001

Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)	9 Months Ended
	Jan. 31, 2024	Jan. 31, 2023
Operating Activities
Net loss	$ (2,141,800)	$ (1,333,835)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of right-of-use asset	19,861	38,380
Depletion expense	142,286	395,916
Depreciation expense	46,448	46,099
Loss on disposal of property and equipment	1,070,842
Original issuance discount and issuance fees	17,750	37,160
Shares issued for services	519	98,660
Shares issued or issuable for commitment fees	7,000	11,000
Changes in operating assets and liabilities:
Accounts receivable	18,835	16,408
Prepaid expenses	(39,740)	23,013
Accounts payable and accrued liabilities	(63,873)	(8,118)
Operating lease liability	(21,337)	(41,701)
Net cash used in operating activities	(943,209)	(717,018)
Investing Activities
Acquisition of property and equipment		(6,985)
Oil and gas property expenditures	(68,881)	(20,000)
Proceeds from sale of mineral property	548,750	175,000
Net Cash provided by activities	479,869	148,015
Financing Activities
Proceeds from issuance of series C preferred shares	99,000	363,000
Proceeds from related party loan	605,503	20,000
Repayment of related party loan	(42,000)
Proceeds from convertible debentures	80,000	235,000
Repayment of convertible debenture	(293,438)	(140,140)
Net cash provided by financing activities	449,065	477,860
Change in Cash	(14,275)	(91,143)
Cash – Beginning of Period	25,836	141,206
Cash – End of Period	11,561	50,063
Supplemental Disclosures
Interest paid	3,584	16,817
Income taxes
Non-cash investing and financing activities
Series C preferred stock accrued dividend	(57,384)	(68,789)
Settlement of related party loan	525,000
Common stock issued for conversion of Series C preferred stock	$ 387,556	$ 230,557

Condensed Consolidated Balance Sheets - USD ($)	Jan. 31, 2024	Apr. 30, 2023
Current Assets
Cash	$ 11,561	$ 25,836
Accounts receivable	53,077	71,912
Prepaid expenses	39,740
Total current assets	104,378	97,748
Non-current assets
Right-of-use operating lease asset		19,861
Property and equipment, net	1,081,833	2,724,123
Oil and natural gas properties, net based on the full cost method of accounting	696,351	1,318,506
Total assets	1,882,562	4,160,238
Current Liabilities
Accounts payable and accrued liabilities	223,099	286,972
Convertible notes payable	65,167	260,855
Current portion of operating lease liability		21,337
Warrant liabilities	1,228,018	1,228,018
Total Liabilities	1,596,787	1,839,182
TEMPORARY EQUITY
Total Temporary Equity	166,757	109,373
STOCKHOLDERS’ EQUITY
Series A Preferred Stock designated: 500,000 shares, par value of $0.001 per share issued and outstanding: 500,000 shares	500	500
Common stock – 5,000,000,000 common shares, par value of $0.001 per share issued and outstanding: 1,931,932,723 and 1,543,077,167 common shares, respectively	1,931,153	1,543,078
Common stock issuable
Additional paid-in capital	16,362,235	16,701,175
Accumulated deficit	(18,174,870)	(16,033,070)
Total Stockholders’ Equity	119,018	2,211,683
Total Liabilities and Stockholders’ Equity	1,882,562	4,160,238
Series C Preferred Stock
TEMPORARY EQUITY
Total Temporary Equity	1	1
Series C Accrued Dividends
TEMPORARY EQUITY
Total Temporary Equity	166,756	109,372
Related Party
Current Liabilities
Due to related party	$ 80,503	$ 42,000