$GPOX

GPO Plus, Inc.

CIK:0001673475|SEC Filings

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
STATEMENTS OF OPERATIONS - USD ($)	Apr. 30, 2026	Apr. 30, 2025
STATEMENTS OF OPERATIONS
Revenues	$ 5,512,066	$ 4,744,856
Cost of revenue	4,097,932	3,613,051
Gross Profit	1,414,134	1,131,805
Operating Expenses
General and administrative	2,393,760	1,819,725
Professional fees (including stock-based compensation of $395,118 and $1,304,642, respectively)	876,746	1,881,811
Professional fees - related parties (including stock-based compensation of $26,013 and $286,929, respectively)	26,013	286,929
Management fees and salaries - related parties	227,927	341,602
Total Operating Expenses	3,524,446	4,330,067
Loss from operations	(2,110,312)	(3,198,262)
Other Income (Expenses)
Accounts payable written off	413,345	0
Other income	(1,497)	21,543
Interest expense	(722,426)	(1,158,600)
Total Other Expenses	(310,578)	(1,137,057)
Net Loss	$ (2,420,890)	$ (4,335,319)
Net Loss Per Common Share: Basic and Diluted	$ (0.03)	$ (0.07)
Weighted Average Number of Common Shares Outstanding: Basic and Diluted	85,692,521	58,013,107

STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
STATEMENTS OF CASH FLOWS - USD ($)	Apr. 30, 2026	Apr. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (2,420,890)	$ (4,335,319)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation for services	395,118	1,304,642
Stock-based compensation for services - related parties	26,013	286,929
Stock issued for settlement of leases	0	20,100
Other income from gain on promissory note settlement	0	(9,032)
Other income from insurance coverage on damaged automobile	0	(12,511)
Loss from trade in of automobile	1,499	0
Written off of accounts payable	(413,345)	0
Non-cash interest expense for convertible note conversion	171,355	0
Non-cash interest expense for promissory note inducement	40,139	0
Non-cash interest expense for promissory note extension	28,000	491,750
Non-cash interest expense for promissory note	0	32,908
Reversal of non-cash interest expense for promissory note extension	(13,400)	0
Stock payable for lease expense	30,000	7,500
Stock payable for promissory note inducement	33,167	0
Stock payable for promissory note extension	51,555	256,513
Depreciation of furniture and equipment	28,240	48,165
Depreciation of right-of-use-assets	154,701	55,879
Amortization of intangible assets	5,254	28,518
Amortization of promissory note discount	176,904	115,870
Interest expense on finance lease	25,994	13,081
Changes in operating assets and liabilities:
Accounts receivable	55,012	2,780
Prepaid expenses	(12,347)	31,475
Inventory	50,498	318,853
Accounts payable and accrued liabilities	(68,944)	(46,056)
Accrued interest	187,339	231,403
Accrued liabilities - related parties	65,887	105,302
Deposit	(8,213)	8,213
Net cash used in Operating Activities	(1,410,464)	(1,043,037)
CASH FLOWS FROM INVESTING ACTIVITIES
Proceed from disposal of vehicle	0	37,662
Purchase of property and equipment	0	(67,874)
Net cash used in Investing Activities	0	(30,212)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment for finance leases	(110,863)	(66,097)
Proceeds from issuance of promissory notes	1,334,500	755,400
Repayment of promissory notes	(141,916)	(99,220)
Repayment from return of series C preferred shares	0	(150,000)
Proceeds from subscription of series C preferred shares	0	330,000
Proceeds from issuance of series C preferred shares	0	570,000
Net cash provided by Financing Activities	1,081,721	1,340,083
Net change in cash for period	(328,743)	266,834
Cash at beginning of period	336,249	69,415
Cash at end of period	7,506	336,249
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes	0	0
Cash paid for interest	13,800	550
NON-CASH INVESTING AND FINANCING ACTIVITIES
Recognition of finance lease right-of-use assets	316,094	52,593
Stock payable for promissory note inducement	33,167	7,151
Stock payable for promissory note extension	51,555	0
Stock payable for repayment of promissory notes	0	$ 6,050
Return of common stock		60
Issuance of common stock for note inducement	40,139	$ 87,449
Issuance of common stock for note extension	28,000	0
Issuance of common stock for repayment of promissory notes	$ 211,314	$ 21,200
Issuance of common stock for conversion of debts	171,355	10,000

BALANCE SHEETS - USD ($)	Apr. 30, 2026	Apr. 30, 2025
Current Assets:
Cash	$ 7,506	$ 336,249
Accounts receivable	0	55,012
Prepaid expenses	33,899	3,665
Inventory, net	32,801	83,299
Total Current Assets	74,206	478,225
Finance lease right-of-use assets, net	367,425	206,031
Property and equipment, net	55,229	96,968
Intangible assets, net	0	5,254
TOTAL ASSETS	496,860	786,478
Current Liabilities:
Accounts payable and accrued liabilities	1,034,205	1,511,492
Accrued interest	551,996	504,811
Accrued liabilities - related parties	404,389	338,502
Deposits	0	8,213
Convertible note payable, net of debt discount of $0	0	28,000
Promissory note payable, net of debt discount of $50,279 and $104,248, respectively	3,747,081	2,630,844
Finance lease liabilities	207,147	63,027
Stock payable - related parties	36,558	12,395
Stock payable	718,171	937,907
Total Current Liabilities	6,699,547	6,035,191
Finance lease liabilities - non-current	196,552	126,446
Total Liabilities	6,896,099	6,161,637
Commitments and Contingencies (Note 11)	0	0
Stockholders' Deficit:
Founders Class A Common stock, $0.0001 par value, 10,000,000 shares authorized; 115,000 shares issued and outstanding	12	12
Common stock, $0.0001 par value, 250,000,000 shares authorized; 91,190,126 shares and 76,657,368 shares issued and outstanding issued and outstanding, respectively	9,120	7,666
Additional paid in capital	37,870,631	36,475,275
Accumulated deficit	(46,196,256)	(43,775,366)
Total Stockholders' Deficit	(8,316,393)	(7,292,313)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	496,860	786,478
Series A Preferred Stock [Member]
Stockholders' Deficit:
Preferred stock, value	100	100
Series C Preferred Stock [Member]
Stockholders' Deficit:
Preferred stock, value	0	0
Founders Series A Non-Voting Redeemable Preferrd stock [Member]
Current Liabilities:
Redeemable preferred stock, value	167,154	167,154
Series A Non-Voting Redeemable Preferred stock [Member]
Current Liabilities:
Redeemable preferred stock, value	$ 1,750,000	$ 1,750,000