Netcapital (NCPL) 10-Q 14 Dec 23 2024 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Oct. 31, 2023	Dec. 14, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Oct. 31, 2023
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--04-30
Entity File Number	001-41443
Entity Registrant Name	NETCAPITAL INC.
Entity Central Index Key	0001414767
Entity Tax Identification Number	87-0409951
Entity Incorporation, State or Country Code	UT
Entity Address, Address Line One	1 Lincoln Street
Entity Address, City or Town	Boston
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02111
City Area Code	(781)
Local Phone Number	925-1700
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	NCPL
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		9,459,132

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Oct. 31, 2023	Apr. 30, 2023
Assets:
Cash and cash equivalents	$ 528,827	$ 569,441
Accounts receivable net	2,899,667	1,388,500
Other receivables	158,873
Note receivable	20,000
Prepaid expenses	313,058	583,030
Total current assets	3,920,425	2,540,971
Deposits	6,300	6,300
Purchased technology, net	15,818,635	15,875,297
Investment in affiliate	240,080	240,080
Equity securities	24,491,821	22,955,445
Total assets	44,679,261	41,820,093
Current liabilities:
Trade	812,908	578,331
Accrued expenses	415,603	285,065
Stock subscription payable	10,000	10,000
Deferred revenue	508	661
Interest payable	88,353	98,256
Current taxes payable		174,000
Deferred tax liability, net	1,714,000	1,657,000
Secured note payable		350,000
Current portion of SBA loans	1,885,800	1,885,800
Loan payable - bank	34,324	34,324
Total current liabilities	5,051,700	5,163,641
Long-term liabilities:
Long-term SBA loans, less current portion	500,000	500,000
Total liabilities	5,551,700	5,663,641
Commitments and contingencies
Stockholders’ equity:
Common stock, $.001 par value; 900,000,000 shares authorized, 9,459,132 and 6,440,527 shares issued and outstanding	9,459	6,441
Shares to be issued	122,124	183,187
Capital in excess of par value	33,682,137	30,500,944
Retained earnings	5,313,841	5,465,880
Total stockholders’ equity	39,127,561	36,156,452
Total liabilities and stockholders’ equity	44,679,261	41,820,093
Related Party [Member]
Assets:
Notes receivable	202,000	202,000
Current liabilities:
Related party	75,204	75,204
Related party debt	$ 15,000	$ 15,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Oct. 31, 2023	Apr. 30, 2023
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	900,000,000	900,000,000
Common stock, shares issued	9,459,132	6,440,527
Common stock, shares outstanding	9,459,132	6,440,527

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
Income Statement [Abstract]
Revenues	$ 2,041,658	$ 1,778,973	$ 3,561,467	$ 3,119,546
Costs of services	20,134	36,235	38,187	57,298
Gross profit	2,021,524	1,742,738	3,523,280	3,062,248
Costs and expenses:
Consulting expense	204,734	199,781	368,676	325,392
Marketing	46,731	32,882	288,619	40,662
Rent	18,379	17,187	37,989	34,399
Payroll and payroll related expenses	1,050,835	876,908	2,087,877	1,646,848
General and administrative costs	648,625	280,815	1,436,919	673,112
Total costs and expenses	1,969,304	1,407,573	4,220,080	2,720,413
Operating income (loss)	52,220	335,165	(696,800)	341,835
Other income (expense):
Interest expense	(10,562)	(22,978)	(23,866)	(59,290)
Gain on debt conversion				224,260
Amortization of intangible assets	(28,331)	(21,081)	(56,662)	(42,162)
Unrealized loss on equity securities		(8,968)		(8,968)
Realized loss on sale of investment				(406,060)
Total other income (expense)	(38,893)	(53,027)	(80,528)	(292,220)
Net income before taxes	13,327	282,138	(777,328)	49,615
Income tax expense (benefit)	(326,289)	99,000	(625,289)	(198,000)
Net income (loss)	$ 339,616	$ 183,138	$ (152,039)	$ 247,615
Basic earnings per share	$ 0.04	$ 0.04	$ (0.02)	$ 0.07
Diluted earnings per share	$ 0.04	$ 0.04	$ (0.02)	$ 0.07
Weighted average number of common shares outstanding:
Basic	9,435,491	4,289,802	8,453,349	3,729,174
Diluted	9,435,741	4,290,052	8,453,349	3,729,424

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Share To Be Issued [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Apr. 30, 2022	$ 2,934	$ 244,250	$ 22,479,769	$ 2,510,908	$ 25,237,861
Balance, shares at Apr. 30, 2022	2,934,344
Shares issued for debt conversion	$ 134		379,852		379,986
Shares issued for debt conversion, shares	133,333
Sale of common stock	$ 1,205		3,947,912		3,949,117
Sale of common stock, shares	1,205,000
Vesting of stock options			32,953		32,953
Net income (loss)				64,477	64,477
Balance at Jul. 31, 2022	$ 4,273	244,250	26,840,486	2,575,385	29,664,394
Balance, shares at Jul. 31, 2022	4,272,677
Sale of common stock	$ 3		23,397		23,400
Sale of common stock, shares	2,600
Vesting of stock options			32,953		32,953
Net income (loss)				183,138	183,138
Purchase of equity interest	$ 37		366,338		366,375
Purchase of equity interest, shares	37,500
Balance at Oct. 31, 2022	$ 4,313	244,250	27,263,174	2,758,523	30,270,260
Balance, shares at Oct. 31, 2022	4,312,777
Sale of common stock	$ 1,434		1,620,025		1,621,459
Sale of common stock, shares	1,434,000
Vesting of stock options			63,057		63,057
Net income (loss)				1,696,499	1,696,499
Purchase of equity interest	$ 19		171,105		171,124
Purchase of equity interest, shares	18,750
Purchase of intellectual property	$ 300		434,700		435,000
Purchase of intellectual property, shares	300,000
Reduction in shares to be issued	$ 6	(61,063)	61,057
Reduction in shares to be issued, shares	6,250
Balance at Jan. 31, 2023	$ 6,072	183,187	29,613,118	4,455,022	34,257,399
Balance, shares at Jan. 31, 2023	6,071,777
Vesting of stock options			132,943		132,943
Net income (loss)				1,010,858	1,010,858
Purchase of equity interest	$ 19		195,233		195,252
Purchase of equity interest, shares	18,750
Stock-based compensation	$ 350		559,650		560,000
Stock-based Compensation, shares	350,000
Balance at Apr. 30, 2023	$ 6,441	183,187	30,500,944	5,465,880	36,156,452
Balance, shares at Apr. 30, 2023	6,440,527
Sale of common stock	$ 2,825		2,272,375		2,275,200
Sale of common stock, shares	2,825,000
Vesting of stock options			139,371		139,371
Net income (loss)				(491,655)	(491,655)
Purchase of equity interest	$ 18		183,170		183,188
Purchase of equity interest, shares	18,750
Stock-based compensation	$ 100		143,900		144,000
Stock-based Compensation, shares	100,000
Stock-based settlement	$ 50		58,779		58,829
Stock-based settlement, shares	49,855
Balance at Jul. 31, 2023	$ 9,434	183,187	33,298,539	4,974,225	38,465,385
Balance, shares at Jul. 31, 2023	9,434,132
Vesting of stock options			139,371		139,371
Net income (loss)				339,616	339,616
Purchase of equity interest	$ 19		183,170		183,189
Purchase of equity interest, shares	18,750
Reduction in shares to be issued	$ 6	(61,063)	61,057
Reduction in shares to be issued, shares	6,250
Balance at Oct. 31, 2023	$ 9,459	$ 122,124	$ 33,682,137	$ 5,313,841	$ 39,127,561
Balance, shares at Oct. 31, 2023	9,459,132

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Apr. 30, 2023
OPERATING ACTIVITIES
Net income (loss)	$ 339,616	$ 183,138	$ (152,039)	$ 247,615
Adjustment to reconcile net income (loss) to net cash used in operating activities:
Stock-based compensation	280,522	32,953	763,873	65,906
Receipt of equity in lieu of cash			(1,170,000)	(2,500,000)
Unrealized gain on equity securities		8,968		8,968
Gain on debt conversion				(224,260)
Provision for bad debts			6,000
Realized loss on investment				406,060
Changes in deferred taxes			57,000	(198,000)
Amortization of intangible assets	28,331	21,081	56,662	42,162
Changes in non-cash working capital balances:
Accounts receivable			(1,517,167)	164,100
Other receivables			(158,873)	(16,604)
Prepaid expenses			(12,329)	(33,542)
Accounts payable and accrued expenses			365,115	(64,294)
Accounts payable - related party				(8,819)
Income taxes payable			(174,000)
Deferred revenue			(153)	(1,872)
Accrued interest payable			(9,903)	57,980
Net cash used in operating activities			(1,945,814)	(2,054,600)
INVESTING ACTIVITIES
Note receivable			(20,000)
Proceeds from sale of investment				200,000
Net cash provided by (used in) investing activities			(20,000)	200,000
FINANCING ACTIVITIES
Payment to secured lender			(350,000)	(1,000,000)
Payment of related party note				(3,200)
Proceeds from sale of common stock			2,275,200	3,949,117
Net cash provided by financing activities			1,925,200	2,945,917
Net increase (decrease) in cash			(40,614)	1,091,317
Cash and cash equivalents, beginning of the period			569,441	473,925	$ 473,925
Cash and cash equivalents, end of the period	$ 528,827	$ 1,565,242	528,827	1,565,242	$ 569,441
Supplemental disclosure of cash flow information:
Cash paid for taxes
Cash paid for interest			33,767	1,310
Supplemental Non-Cash Financing Information:
Common stock issued to pay promissory notes				266,272
Common stock issued to purchase 10% interest in Caesar Media Group Inc.			183,188
Common stock issued to pay related party payable				$ 113,714

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Oct. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1– Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed financial statements of Netcapital Inc. (the “Company”) have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and in accordance with the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) for quarterly reports on Form 10-Q. Accordingly, they do not include all of the information and notes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three- and six-month periods ended October 31, 2023, are not necessarily indicative of the results that may be expected for the fiscal year ended April 30, 2024. For further information, refer to the audited financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended April 30, 2023. Use of Estimates Preparation of condensed consolidated financial statements in conformity with GAAP requires the use of estimates and judgments that affect the reported amounts in the condensed consolidated financial statements and accompanying notes. GAAP requires us to make estimates and judgments in several areas, including, but not limited to, those related to revenue recognition, accounts receivable, valuation of equity securities, income taxes, and valuation of long-lived assets including intellectual property and purchased technology. These estimates are based on management’s knowledge of current events, interpretation of regulations, and expectations about actions we may undertake in the future. Actual results could differ materially from those estimates. Significant Accounting Policies There have been no material changes to our significant accounting policies from our Annual Report on Form 10-K for the fiscal year ended April 30, 2023. The Company accounts for allowance for credit losses under the current expected credit loss (“CECL”) impairment model for its financial assets, including accounts receivable, and presents the net amount of the financial instrument expected to be collected. The CECL impairment model requires an estimate of expected credit losses, measured over the contractual life of an instrument, which considers forecasts of future economic conditions in addition to information about past events and current conditions. Based on this model, the Company estimates the amount of uncollectible accounts receivable at the end of each reporting period based on the aging of the receivable balance, current and historical customer trends, communications with its customers, and macro-economic conditions. Amounts are written off after considerable collection efforts have been made and the amounts are determined to be uncollectible. Management does not believe that any recently issued, but not yet effective, accounting standards could have a material effect on the accompanying financial statements. As new accounting pronouncements are issued, we will adopt those that are applicable under the circumstances.

Concentrations

Concentrations	6 Months Ended
	Oct. 31, 2023
Risks and Uncertainties [Abstract]
Concentrations	Note 2 – Concentrations For the three and six months ended October 31, 2023, the Company had one customer that constituted 27 31 27 31 20 11 79 67 0 10

Revenue Recognition

Revenue Recognition	6 Months Ended
	Oct. 31, 2023
Revenue Recognition
Revenue Recognition	Note 3 – Revenue Recognition Revenue Recognition under ASC 606 The Company recognizes service revenue from its consulting contracts, funding portal and game website using the five-step model as prescribed by ASC 606: ● Identification of the contract, or contracts, with a customer. ● Identification of the performance obligations in the contract. ● Determination of the transaction price. ● Allocation of the transaction price to the performance obligations in the contract; and ● Recognition of revenue when or as the Company satisfies a performance obligation. The Company identifies performance obligations in contracts with customers, which primarily are professional services, listing fees on our funding portal, and a portal fee of 4.9 Judgments and Estimates The estimation of variable consideration for each performance obligation requires the Company to make subjective judgments. The Company enters into contracts with customers that regularly include promises to transfer multiple services, such as digital marketing, web-based videos, offering statements, and professional services. For arrangements with multiple services, the Company evaluates whether the individual services qualify as distinct performance obligations. In its assessment of whether a service is a distinct performance obligation, the Company determines whether the customer can benefit from the service on its own or with other readily available resources, and whether the service is separately identifiable from other services in the contract. This evaluation requires the Company to assess the nature of each individual service offering and how the services are provided in the context of the contract, including whether the services are significantly integrated, highly interrelated, or significantly modify each other, which may require judgment based on the facts and circumstances of the contract. When agreements involve multiple distinct performance obligations, the Company allocates arrangement consideration to all performance obligations at the inception of an arrangement based on the relative standalone selling prices (SSP) of each performance obligation. Where the Company has standalone sales data for its performance obligations which are indicative of the price at which the Company sells a promised service separately to a customer, such data is used to establish SSP. In instances where standalone sales data is not available for a particular performance obligation, the Company estimates SSP by the use of observable market and cost-based inputs. The Company continues to review the factors used to establish list price and will adjust standalone selling price methodologies as necessary on a prospective basis. Service Revenue Service revenue from subscriptions to the Company’s game website is recognized over time on a ratable basis over the contractual subscription term beginning on the date that the platform is made available to the customer. Payments received in advance of subscription services being rendered are recorded as a deferred revenue. Professional services revenue is recognized over time as the services are rendered. When a contract with a customer is signed, the Company assesses whether collection of the fees under the arrangement is probable. The Company estimates the amount to reserve for uncollectible amounts based on the aging of the contract balance, current and historical customer trends, and communications with its customers. These reserves are recorded as operating expenses against the contract assets. Contract Assets Contract assets are recorded for those parts of the contract consideration not yet invoiced but for which the performance obligations are completed. The revenue is recognized when the customer receives services. Contract assets are included in other current assets in the consolidated balance sheets and will be recognized during the succeeding twelve-month period. Deferred Revenue Deferred revenues represent billings or payments received in advance of revenue recognition and are recognized upon transfer of control. Balances consist primarily of annual plan subscription services and professional services not yet provided as of the balance sheet date. Deferred revenues that will be recognized during the succeeding twelve-month period are recorded as current deferred revenues in the consolidated balance sheets, with the remainder recorded as other non-current liabilities in the consolidated balance sheets. Costs to Obtain a Customer Contract Sales commissions and related expenses are considered incremental and recoverable costs of acquiring customer contracts. These costs are capitalized as other current or non-current assets and amortized on a straight-line basis over the life of the contract, which approximates the benefit period. The benefit period was estimated by taking into consideration the length of customer contracts, technology lifecycle, and other factors. All sales commissions are recorded as consulting fees within the Company’s consolidated statement of operations. Remaining Performance Obligations The Company’s subscription terms are typically less than one year. All of the Company’s revenues in the three and six months ended October 31, 2023, which amounted to $ 2,041,658 3,561,467 508 661 Disaggregation of Revenue Revenue is from U.S.-based companies with no notable geographical concentrations in any area. A distinction exists in revenue source; revenues are either generated online or from consulting services. Revenues disaggregated by revenue source consist of the following: Schedule of Disaggregation of Revenue Three Months Ended Oct. 31, 2023 Three Months Ended Oct. 31, 2022 Six Months Ended Oct. 31, 2023 Six Months Ended Oct. 31, 2022 Consulting services $ 1,578,667 $ 1,594,560 $ 2,722,367 $ 2,756,390 Fees from online services 462,991 184,413 839,100 363,156 Total revenues $ 2,041,658 $ 1,778,973 $ 3,561,467 $ 3,119,546

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Oct. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Common Share	Note 4 – Earnings Per Common Share Net income per common and diluted share were calculated as follows for the three- and six-month periods ended October 31, 2023 and 2022: Schedule of Earnings Per Share Three Months Ended October 31, 2023 Three Months Ended October 31, 2022 Six Months Ended October 31, 2023 Six Months Ended October 31, 2022 Net income (loss) attributable to common stockholders – basic $ 339,616 $ 183,138 $ (152,039 ) $ 247,615 Adjustments to net income — — — — Net income (loss) attributable to common stockholders – diluted $ 339,616 $ 183,138 $ (152,039 ) $ 247,615 Weighted average common shares outstanding - basic 9,435,491 4,289,802 8,453,349 3,729,174 Effect of dilutive securities 250 250 — 250 Weighted average common shares outstanding – diluted 9,435,741 4,290,052 8,453,349 3,729,424 Earnings (loss) per common share - basic $ 0.04 $ 0.04 $ (0.02 ) $ 0.07 Earnings (loss) per common share - diluted $ 0.04 $ 0.04 $ (0.02 ) $ 0.07 250 250 Outstanding vested warrants to purchase 1,541,682 1,409,732 Outstanding vested options to purchase 521,708 262,000

Principal Financing Arrangement

Principal Financing Arrangements	6 Months Ended
	Oct. 31, 2023
Principal Financing Arrangements
Principal Financing Arrangements	Note 5 – Principal Financing Arrangements The following table summarizes components debt as of October 31, 2023 and April 30, 2023: Schedule of Debt October 31, 2023 April 30, 2023 Interest Rate Secured lender $ — $ 350,000 12.0 % Notes payable – related parties 15,000 15,000 0.0 % U.S. SBA loan 500,000 500,000 3.75 % U.S. SBA loan 1,885,800 1,885,800 1.0 % Loan payable – bank 34,324 34,324 10.00 % Total Debt 2,435,124 2,785,124 Less: current portion of long-term debt 1,935,124 2,285,124 Total long-term debt $ 500,000 $ 500,000 As of October 31, 2023 and April 30, 2023, the Company owed its principal lender (“Lender”) $ 0 350,000 As of October 31, 2023 and April 30, 2023, the Company’s related-party unsecured notes payable totaled $ 15,000 The Company owes $ 34,324 10.0 On May 6, 2020, the Company borrowed $ 1,885,800 500,000 1,885,800 The May loan bore interest at a rate of 1 The June Loan required installment payments of $ 2,437 over a term of thirty years December 17, 2022 2,437 500,000 3.75 The February loan bears interest at a rate of 1

Income Taxes

Income Taxes	6 Months Ended
	Oct. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 6 – Income Taxes For the three and six months ended October 31, 2023, the Company recorded an income tax benefit of $ 326,289 and 625,289 99,000 and an income tax benefit of $ 198,000 , respectively. Included in the income tax benefit for the three and six months ended October 31, 2023 is an employee retention credit (“ERC”) of $ 508,292

Related Party Transactions

Related Party Transactions	6 Months Ended
	Oct. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 7 – Related Party Transactions The Company’s largest shareholder, Netcapital Systems LLC (“Systems”), owns 1,711,261 9,459,132 5,000 50,000 150,000 www.netcapital.com The Chief Executive Officer of Netcapital Advisors Inc., (“Advisors”), our wholly owned subsidiary, is a member of the board of directors of KingsCrowd Inc. The Company sold 606,060 200,000 406,060 3,209,685 3,209,685 The Chief Executive Officer of Advisors is a member of the board of directors of Deuce Drone LLC. As of October 31, 2023 and April 30, 2022, the Company owns 2,350,000 2,350,000 152,000 Compensation to officers in the three- and six-month periods ended October 31, 2023 consisted of stock-based compensation valued at $ 93,526 187,058 288,700 533,017 6,107 12,215 112,500 202,500 Compensation to a related party consultant in the three- and six-month periods ended October 31, 2023 consisted of cash wages of $ 13,854 30,017 15,000 30,000 16,500 33,000 16,500 27,500 1,400,000 1,400,000 As of October 31, 2023 and April 30, 2023, the Company has invested $ 240,080 We owe Steven Geary, a director, $ 31,680 16,680 15,000 58,524 16,680 75,204 During the six months ended October 31, 2022, we paid $ 12,019 3,200 8,819 In January 2023 we granted stock options to purchase an aggregate of 1,600,000 1,000,000 200,000 200,000 200,000 1.43 4 10 On April 25, 2023, the Company also granted an aggregate of 80,000 1.40 4 10 Coreen Kraysler, our Chief Financial Officer, has personally guaranteed a $ 500,000 3.75 30-year term 2,437

Stockholders_ Equity

Stockholders’ Equity	6 Months Ended
	Oct. 31, 2023
Equity [Abstract]
Stockholders’ Equity	Note 8 – Stockholders’ Equity The Company is authorized to issue 900,000,000 0.001 9,459,132 6,440,527 During the quarter ended July 31, 2022, the Company issued 39,901 113,714 294,054 93,432 266,272 300,000 10,192 5.19 five years 224,260 On July 15, 2022, the Company completed an underwritten public offering of 1,205,000 1,205,000 4.15 5,000,750 3,949,117 5.19 five years In addition, the Company granted the underwriter a 45-day option to purchase up to an additional 180,750 180,750 111,300 60,250 On December 16, 2022 the Company completed an underwritten public offering of 1,247,000 1.40 187,000 1.40 62,350 1.75 187,000 1,621,459 1,434,000 9,350 1.75 During the year ended April 30, 2023, in addition to the public offerings, the Company issued 75,000 732,751 10 300,000 435,000 2,600 23,400 6,250 On January 5, 2023, the Company announced the formation of the Netcapital Inc. 2023 Omnibus Equity Incentive Plan (the “Plan”), which was subsequently approved by a vote of the shareholders. In January 2023, the Company granted stock options to four individuals to purchase an aggregate of 1,600,000 1.43 350,000 1.40 4 10 In May 2023, the Company issued 100,000 144,000 On May 23, 2023, the Company entered into a securities purchase agreement with certain institutional investors, pursuant to which the Company agreed to issue and sell to such investors, in a registered direct offering (the “Offering”), 1,100,000 0.001 1.55 1,705,000 Also, in connection with the Offering, on May 23, 2023, the Company entered into a placement agency agreement with ThinkEquity LLC, pursuant to which, the Company issued warrants to purchase up to 55,000 1.94 In July 2023, the Company issued 49,855 On July 24, 2023 the Company completed an underwritten public offering of 1,725,000 0.70 1,207,500 86,250 0.875 On July 31, 2023 and on October 26, 2023, the Company issued 18,750 10 6,250 61,063 183,187 122,124

Fair Value

Fair Value	6 Months Ended
	Oct. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value	Note 9 – Fair Value The Fair Value Measurements Topic of the FASB Accounting Standards Codification establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: ● Level 1: inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the company has the ability to access at the measurement date. ● Level 2: inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. ● Level 3: inputs are unobservable inputs for the asset or liability. Under the Fair Value Measurements Topic of the FASB Accounting Standards Codification, we base fair value on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It is our policy to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements, in accordance with the fair value hierarchy. Fair value measurements for assets and liabilities where there exists limited or no observable market data and, therefore, are based primarily upon management’s own estimates, are often calculated based on current pricing policy, the economic and competitive environment, the characteristics of the asset or liability and other such factors. Therefore, the results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset or liability. Additionally, there may be inherent weaknesses in any calculation technique, and changes in the underlying assumptions used.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	6 Months Ended
	Oct. 31, 2023
Share-Based Payment Arrangement, Disclosure [Abstract]
Stock-Based Compensation Plans	Note 10 – Stock-Based Compensation Plans In addition to cash payments, the Company enters agreements to issue common stock and records the applicable non-cash expense in accordance with the authoritative guidance of the Financial Accounting Standards Board. For the three and six months ended October 31, 2023, stock-based compensation expense amounted to $ 280,522 763,873 32,953 65,906 The table below presents the components of compensation expense for the issuance of shares of common stock and stock options to employees and consultants for the three- and six-month periods ended October 31, 2023 and 2022. Schedule of Stock-based Compensation Expense Stock-based compensation expense Three Months Ended Oct. 31, 2023 Three Months Ended Oct. 31, 2022 Six Months Ended Oct. 31, 2023 Six Months Ended Oct. 31, 2022 Chief Executive Officer $ 62,492 $ — $ 124,986 $ — Chief Financial Officer 14,913 2,443 29,828 4,886 Chief Executive Officer, Advisors 1,208 1,221 2,416 2,442 Founder 14,913 — 29,828 — Marketing consultant — — 144,000 — Marketing consultant — — 58,829 — Employee and consultant options 45,845 29,289 91,684 58,578 Business consultant 141,151 — 282,302 — Total stock-based compensation expense $ 280,522 $ 32,953 $ 763,873 $ 65,906

Deposits and Commitments

Deposits and Commitments	6 Months Ended
	Oct. 31, 2023
Deposits And Commitments
Deposits and Commitments	Note 11 – Deposits and Commitments We utilize an office at 1 Lincoln Street in Boston, Massachusetts. We currently pay a membership fee of approximately $ 6,400 6,300

Intangible Assets

Intangible Assets	6 Months Ended
	Oct. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 12 – Intangible Assets Intangible assets with defined useful lives are generally measured at cost less straight-line amortization. The useful life is determined using the period of the underlying contract or the period of time over which the intangible asset can be expected to be used. Impairments are recognized if the recoverable amount of the asset is lower than the carrying amount. The recoverable amount is the higher of either the fair value less costs to sell or the value in use. The value in use is determined on the basis of future cash inflows and outflows, and the weighted average cost of capital. Intangible assets with indefinite useful lives, such as trade names and trademarks, that have been acquired as part of acquisitions are measured at cost and tested for impairment annually, or if there is an indication that their value has declined. The following table sets forth the major categories of the intangible assts as of October 31, 2023 and April 30, 2023 Schedule of Intangible Assets October 31, 2023 April 30, 2023 Acquired users $ 14,288,695 $ 14,288,695 Acquired brand 583,429 583,429 Acquired IP and Website 435,000 435,000 Professional practice 556,830 556,830 Literary works and contracts 107,750 107,750 Total intangible assets $ 15,971,704 $ 15,971,704 As of October 31, 2023, the weighted average remaining useful life for technology, trade names, professional practice, literary works and domains is 13.66 153,069 15,818,635

Investments

Investments	6 Months Ended
	Oct. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]
Investments	Note 13 – Investments In May 2023, the Company received 2,853,659 0.41 0.41 1,170,000 2,853,659 1,170,000 In April 2023, the Company received 2,853,659 0.41 0.41 1,170,000 2,853,659 1,170,000 In April 2023, the Company received 2,853,659 0.41 0.41 1,170,000 2,853,659 1,170,000 In April 2023, the Company received 2,853,659 0.41 0.41 1,170,000 2,853,659 1,170,000 In January 2023, the Company received 2,100,000 1.00 1.00 2,100,000 2,100,000 2,100,000 In August 2022, the Company received 1,911,765 0.68 0.68 1,300,000 1,911,765 1,300,000 In May 2022, the Company received 1,764,706 0.68 0.68 1,200,000 1,764,706 1,200,000 In April 2022, the Company received 3,000,000 0.40 0.40 1,200,000 3,000,000 1,200,000 In January 2022, the Company received 1,700,000 0.25 0.25 425,000 1,700,000 425,000 In January 2022, the Company received 2,850,000 0.25 0.25 712,500 2,850,000 712,500 In fiscal 2022, the Company purchased a 10% 400 50,000 500,000 150,000 1,999,127 In May 2020, the Company entered a consulting contract with Watch Party LLC (“WP”), which allowed the Company to receive 110,000 97,500 2.14 2.14 110,000 440,000 In May 2020, the Company entered a consulting contract with ChipBrain LLC (“Chip”), which allowed the Company to receive 710,200 0.93 0.93 2.40 710,200 3,366,348 In May 2020, the Company entered a consulting contract with a related party, Zelgor Inc. (“Zelgor”), which allowed the Company to receive 1,400,000 1.00 1.00 1,400,000 1,400,000 On January 2, 2020, the Company entered a consulting contract with Deuce Drone LLC (“Drone”), which allowed the Company to receive 2,350,000 0.35 0.35 822,500 1.00 2,350,000 In August 2019, the Company entered into a consulting contract with KingsCrowd LLC (“KingsCrowd”), which allowed the Company to receive 300,000 1.80 1.80 540,000 1.00 In connection with the conversion to a corporation, each membership interest unit converted into 12.71915 shares of common stock. 606,060 200,000 406,060 1.00 3,209,685 3,209,685 During fiscal 2019, the Company entered a consulting contract with NetCapital Systems LLC (“NetCapital”), which allowed the Company to receive up to 1,000 1,000 91.15 528 48,128 In July 2020 the Company entered a consulting agreement with Vymedic, Inc. for a $ 40,000 31, 2023 and April 30, 2023, the Company owned 4,000 11,032 In August 2020 the Company entered a consulting agreement with C-Reveal Therapeutics LLC (“CRT”). for a $ 120,000 50,000 5,000 50,000 The following table summarizes the components of investments as of October 31, 2023 and April 30, 2023: Schedule of Investments October 31, 2023 April 30, 2023 Netcapital Systems LLC $ 48,128 $ 48,128 Watch Party LLC 440,000 440,000 Zelgor Inc. 1,400,000 1,400,000 ChipBrain LLC 3,366,348 3,366,348 Vymedic Inc. 11,032 11,032 C-Reveal Therapeutics LLC 50,000 50,000 Deuce Drone LLC 2,350,000 2,350,000 Hiveskill LLC 712,500 712,500 ScanHash LLC 425,000 425,000 Caesar Media Group Inc. 1,999,127 1,632,752 Cust Corp. 1,200,000 1,200,000 Kingscrowd Inc. 3,209,685 3,209,685 Reper LLC 1,200,000 1,200,000 Dark LLC 2,100,000 2,100,000 Netwire LLC 1,300,000 1,300,000 CountSharp LLC 1,170,000 1,170,000 CupCrew LLC 1,170,000 1,170,000 HeadFarm LLC 1,170,000 1,170,000 RealWorld LLC 1,170,000 — Total $ 24,491,820 $ 22,955,445 Investment Owned, at cost $ 24,491,820 $ 22,955,445 The above investments in equity securities are within the scope of ASC 321. The Company monitors the investments for any changes in observable prices from orderly transactions. All investments are initially measured at cost and evaluated for changes in estimated fair value.

Going Concern Matters and Reali

Going Concern Matters and Realization of Assets	6 Months Ended
	Oct. 31, 2023
Going Concern Matters And Realization Of Assets
Going Concern Matters and Realization of Assets	Note 14 – Going Concern Matters and Realization of Assets The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the ordinary course of business. However, at October 31, 2023, the Company had negative working capital of $ 1,131,275 696,800 1,945,814 There can be no assurances that we will be able to achieve a level of revenues adequate to generate sufficient cash flow from operations or additional financing through private placements, public offerings and/or bank financing necessary to support our working capital requirements. The Company has recently reduced its operating expenses and has turned its focus to its funding portal business, which generates cash revenues and has seen a growth in revenues on a year-to-year and quarter-to-quarter basis. The Company plans to continue operating with lower fixed overhead amounts and seeks to raise money from private placements, public offerings and/or bank financing. The Company’s management has determined, based on its recent history and the negative cash flow from operations, that it is unlikely that its plan will sufficiently alleviate or mitigate, to a sufficient level, the relevant conditions or events noted above. To the extent that funds generated from any private placements, public offerings and/or bank financing, if available, are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on acceptable terms. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Accordingly, the Company’s management has concluded that there is substantial doubt about the Company’s ability to continue as a going concern within one year after the issuance date of these financial statements. There can be no assurance that the Company will be able to achieve its business plan objectives or be able to achieve or maintain cash-flow-positive operating results. If the Company is unable to generate adequate funds from operations or raise sufficient additional funds, the Company may not be able to repay its existing debt, continue to operate its business network, respond to competitive pressures or fund its operations. As a result, the Company may be required to significantly reduce, reorganize, discontinue or shut down its operations. The financial statements do not include any adjustments that might result from this uncertainty.

Subsequent Events

Subsequent Events	6 Months Ended
	Oct. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 15 – Subsequent Events The Company evaluated subsequent events through the date these financial statements were available to be issued. There were no material subsequent events that required recognition or additional disclosure in these financial statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Oct. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed financial statements of Netcapital Inc. (the “Company”) have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and in accordance with the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) for quarterly reports on Form 10-Q. Accordingly, they do not include all of the information and notes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three- and six-month periods ended October 31, 2023, are not necessarily indicative of the results that may be expected for the fiscal year ended April 30, 2024. For further information, refer to the audited financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended April 30, 2023.
Use of Estimates	Use of Estimates Preparation of condensed consolidated financial statements in conformity with GAAP requires the use of estimates and judgments that affect the reported amounts in the condensed consolidated financial statements and accompanying notes. GAAP requires us to make estimates and judgments in several areas, including, but not limited to, those related to revenue recognition, accounts receivable, valuation of equity securities, income taxes, and valuation of long-lived assets including intellectual property and purchased technology. These estimates are based on management’s knowledge of current events, interpretation of regulations, and expectations about actions we may undertake in the future. Actual results could differ materially from those estimates. Significant Accounting Policies There have been no material changes to our significant accounting policies from our Annual Report on Form 10-K for the fiscal year ended April 30, 2023. The Company accounts for allowance for credit losses under the current expected credit loss (“CECL”) impairment model for its financial assets, including accounts receivable, and presents the net amount of the financial instrument expected to be collected. The CECL impairment model requires an estimate of expected credit losses, measured over the contractual life of an instrument, which considers forecasts of future economic conditions in addition to information about past events and current conditions. Based on this model, the Company estimates the amount of uncollectible accounts receivable at the end of each reporting period based on the aging of the receivable balance, current and historical customer trends, communications with its customers, and macro-economic conditions. Amounts are written off after considerable collection efforts have been made and the amounts are determined to be uncollectible. Management does not believe that any recently issued, but not yet effective, accounting standards could have a material effect on the accompanying financial statements. As new accounting pronouncements are issued, we will adopt those that are applicable under the circumstances.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Oct. 31, 2023
Revenue Recognition
Schedule of Disaggregation of Revenue	Revenues disaggregated by revenue source consist of the following: Schedule of Disaggregation of Revenue Three Months Ended Oct. 31, 2023 Three Months Ended Oct. 31, 2022 Six Months Ended Oct. 31, 2023 Six Months Ended Oct. 31, 2022 Consulting services $ 1,578,667 $ 1,594,560 $ 2,722,367 $ 2,756,390 Fees from online services 462,991 184,413 839,100 363,156 Total revenues $ 2,041,658 $ 1,778,973 $ 3,561,467 $ 3,119,546

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Oct. 31, 2023
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Net income per common and diluted share were calculated as follows for the three- and six-month periods ended October 31, 2023 and 2022: Schedule of Earnings Per Share Three Months Ended October 31, 2023 Three Months Ended October 31, 2022 Six Months Ended October 31, 2023 Six Months Ended October 31, 2022 Net income (loss) attributable to common stockholders – basic $ 339,616 $ 183,138 $ (152,039 ) $ 247,615 Adjustments to net income — — — — Net income (loss) attributable to common stockholders – diluted $ 339,616 $ 183,138 $ (152,039 ) $ 247,615 Weighted average common shares outstanding - basic 9,435,491 4,289,802 8,453,349 3,729,174 Effect of dilutive securities 250 250 — 250 Weighted average common shares outstanding – diluted 9,435,741 4,290,052 8,453,349 3,729,424 Earnings (loss) per common share - basic $ 0.04 $ 0.04 $ (0.02 ) $ 0.07 Earnings (loss) per common share - diluted $ 0.04 $ 0.04 $ (0.02 ) $ 0.07

Principal Financing Arrangeme_2

Principal Financing Arrangements (Tables)	6 Months Ended
	Oct. 31, 2023
Principal Financing Arrangements
Schedule of Debt	The following table summarizes components debt as of October 31, 2023 and April 30, 2023: Schedule of Debt October 31, 2023 April 30, 2023 Interest Rate Secured lender $ — $ 350,000 12.0 % Notes payable – related parties 15,000 15,000 0.0 % U.S. SBA loan 500,000 500,000 3.75 % U.S. SBA loan 1,885,800 1,885,800 1.0 % Loan payable – bank 34,324 34,324 10.00 % Total Debt 2,435,124 2,785,124 Less: current portion of long-term debt 1,935,124 2,285,124 Total long-term debt $ 500,000 $ 500,000

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	6 Months Ended
	Oct. 31, 2023
Share-Based Payment Arrangement, Disclosure [Abstract]
Schedule of Stock-based Compensation Expense	The table below presents the components of compensation expense for the issuance of shares of common stock and stock options to employees and consultants for the three- and six-month periods ended October 31, 2023 and 2022. Schedule of Stock-based Compensation Expense Stock-based compensation expense Three Months Ended Oct. 31, 2023 Three Months Ended Oct. 31, 2022 Six Months Ended Oct. 31, 2023 Six Months Ended Oct. 31, 2022 Chief Executive Officer $ 62,492 $ — $ 124,986 $ — Chief Financial Officer 14,913 2,443 29,828 4,886 Chief Executive Officer, Advisors 1,208 1,221 2,416 2,442 Founder 14,913 — 29,828 — Marketing consultant — — 144,000 — Marketing consultant — — 58,829 — Employee and consultant options 45,845 29,289 91,684 58,578 Business consultant 141,151 — 282,302 — Total stock-based compensation expense $ 280,522 $ 32,953 $ 763,873 $ 65,906

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Oct. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	The following table sets forth the major categories of the intangible assts as of October 31, 2023 and April 30, 2023 Schedule of Intangible Assets October 31, 2023 April 30, 2023 Acquired users $ 14,288,695 $ 14,288,695 Acquired brand 583,429 583,429 Acquired IP and Website 435,000 435,000 Professional practice 556,830 556,830 Literary works and contracts 107,750 107,750 Total intangible assets $ 15,971,704 $ 15,971,704

Investments (Tables)

Investments (Tables)	6 Months Ended
	Oct. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Investments	The following table summarizes the components of investments as of October 31, 2023 and April 30, 2023: Schedule of Investments October 31, 2023 April 30, 2023 Netcapital Systems LLC $ 48,128 $ 48,128 Watch Party LLC 440,000 440,000 Zelgor Inc. 1,400,000 1,400,000 ChipBrain LLC 3,366,348 3,366,348 Vymedic Inc. 11,032 11,032 C-Reveal Therapeutics LLC 50,000 50,000 Deuce Drone LLC 2,350,000 2,350,000 Hiveskill LLC 712,500 712,500 ScanHash LLC 425,000 425,000 Caesar Media Group Inc. 1,999,127 1,632,752 Cust Corp. 1,200,000 1,200,000 Kingscrowd Inc. 3,209,685 3,209,685 Reper LLC 1,200,000 1,200,000 Dark LLC 2,100,000 2,100,000 Netwire LLC 1,300,000 1,300,000 CountSharp LLC 1,170,000 1,170,000 CupCrew LLC 1,170,000 1,170,000 HeadFarm LLC 1,170,000 1,170,000 RealWorld LLC 1,170,000 — Total $ 24,491,820 $ 22,955,445 Investment Owned, at cost $ 24,491,820 $ 22,955,445

Concentrations (Details Narrati

Concentrations (Details Narrative) - Customer Concentration Risk [Member] - Revenue Benchmark [Member]	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
One Customer [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	27%	79%	31%	67%
Two Customer [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	27%	0%	31%	10%
Three Customer [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	20%		11%

Schedule of Disaggregation of R

Schedule of Disaggregation of Revenue (Details) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
Total revenues	$ 2,041,658	$ 1,778,973	$ 3,561,467	$ 3,119,546
Consulting Services [Member]
Total revenues	1,578,667	1,594,560	2,722,367	2,756,390
Fees from Online Services [Member]
Total revenues	$ 462,991	$ 184,413	$ 839,100	$ 363,156

Revenue Recognition (Details Na

Revenue Recognition (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Apr. 30, 2023
Revenue Recognition
Percentage of portal fee	4.90%		4.90%
Revenues	$ 2,041,658	$ 1,778,973	$ 3,561,467	$ 3,119,546
Deferred revenue	$ 508		$ 508		$ 661

Schedule of Earnings Per Share

Schedule of Earnings Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
Earnings Per Share [Abstract]
Net income (loss) attributable to common stockholders – basic	$ 339,616	$ 183,138	$ (152,039)	$ 247,615
Adjustments to net income
Net income (loss) attributable to common stockholders – diluted	$ 339,616	$ 183,138	$ (152,039)	$ 247,615
Weighted average common shares outstanding - basic	9,435,491	4,289,802	8,453,349	3,729,174
Effect of dilutive securities	250	250		250
Weighted average common shares outstanding – diluted	9,435,741	4,290,052	8,453,349	3,729,424
Earnings (loss) per common share - basic	$ 0.04	$ 0.04	$ (0.02)	$ 0.07
Earnings (loss) per common share - diluted	$ 0.04	$ 0.04	$ (0.02)	$ 0.07

Earnings Per Common Share (Deta

Earnings Per Common Share (Details Narrative) - shares	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
Earnings Per Share [Abstract]
Effect of dilutive securities	250	250		250
Antidilutive securities			250
Outstanding vested warrants to purchase shares of common stock	1,541,682	1,541,682	1,409,732	1,409,732
Outstanding vested options to purchase shares of common stock	521,708	521,708	262,000	262,000

Schedule of Debt (Details)

Schedule of Debt (Details) - USD ($)	Oct. 31, 2023	Apr. 30, 2023
Debt Instrument [Line Items]
Total Debt	$ 2,435,124	$ 2,785,124
Interest Rate	10%
Less: current portion of long-term debt	$ 1,935,124	2,285,124
Total long-term debt	500,000	500,000
Secured Debt [Member]
Debt Instrument [Line Items]
Total Debt		$ 350,000
Interest Rate		12%
Notes Payable Related Parties [Member]
Debt Instrument [Line Items]
Total Debt	15,000	$ 15,000
Interest Rate		0%
U.S. SBA Loan [Member]
Debt Instrument [Line Items]
Total Debt	500,000	$ 500,000
Interest Rate		3.75%
U.S. SBA Loan One [Member]
Debt Instrument [Line Items]
Total Debt	1,885,800	$ 1,885,800
Interest Rate		1%
Loans Payable - Bank [Member]
Debt Instrument [Line Items]
Total Debt	$ 34,324	$ 34,324
Interest Rate		10%

Principal Financing Arrangeme_3

Principal Financing Arrangements (Details Narrative) - USD ($)	Jun. 17, 2021	Oct. 31, 2023	Apr. 30, 2023	Feb. 02, 2021	Jun. 17, 2020	May 06, 2020
Defined Benefit Plan Disclosure [Line Items]
Secured note payable			$ 350,000
Loan payable - bank		$ 34,324	34,324
Interest rate		10%
Short term borrowings		$ 1,885,800	1,885,800
Long term liability		500,000	500,000
May Loan [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest rate						1%
Short term borrowings						$ 1,885,800
June Loan [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest rate	3.75%
Short term borrowings					$ 500,000
Installment payments	$ 2,437
Payment terms	over a term of thirty years
Payment due date	Dec. 17, 2022
Long term liability	$ 500,000
February Loan [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest rate				1%
Short term borrowings				$ 1,885,800
Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Unsecured notes payable		$ 15,000	$ 15,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	$ 326,289	$ (99,000)	$ 625,289	$ 198,000
Income Tax Expense (Benefit)	(326,289)	$ 99,000	(625,289)	$ (198,000)
Employee retention credit	$ 508,292		$ 508,292

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)						3 Months Ended			6 Months Ended		12 Months Ended
	Jul. 31, 2023	Apr. 25, 2023	Jan. 31, 2023	Dec. 17, 2022	Jun. 30, 2022	Oct. 31, 2023	Oct. 31, 2022	Jul. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Apr. 30, 2023
Related Party Transaction [Line Items]
Share of common stock	49,855							39,901
Common stock shares outstanding						9,459,132			9,459,132		6,440,527
Payments for software						$ 5,000	$ 50,000		$ 5,000	$ 150,000
Proceeds from sale of investment										200,000
Realized loss on investment										406,060
Investment owned shares						1,400,000			1,400,000		1,400,000
Investment owned value						$ 1,400,000			$ 1,400,000		$ 1,400,000
Notes receivable aggregating									20,000
Cash wages						1,050,835	876,908		2,087,877	1,646,848
Revenues						2,041,658	1,778,973		3,561,467	3,119,546
Invested in affiliate						$ 240,080			240,080		$ 240,080
Due to related party debt										12,019
Payment of related party note										3,200
Accounts payable related party										8,819
Granted stock options to purchase			1,600,000
Options exercise price			$ 1.43
Promissory note								$ 113,714
Interest rate						10%			10%
Minimum [Member]
Related Party Transaction [Line Items]
Vested term			4 years
Maximum [Member]
Related Party Transaction [Line Items]
Vested term			10 years
Officer [Member]
Related Party Transaction [Line Items]
Stock based compensation						$ 93,526	6,107		$ 187,058	12,215
Cash salary						$ 288,700	112,500		$ 533,017	202,500
Board of Directors Chairman [Member]
Related Party Transaction [Line Items]
Granted stock options to purchase		80,000
Options exercise price		$ 1.40
Board of Directors Chairman [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Vested term		4 years
Board of Directors Chairman [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Vested term		10 years
Netcapital Systems LLC [Member]
Related Party Transaction [Line Items]
Share of common stock									1,711,261
Common stock shares outstanding						9,459,132			9,459,132
Kingscrowd Inc [Member]
Related Party Transaction [Line Items]
Sale of stock					606,060
Investment owned shares						3,209,685			3,209,685		3,209,685
Investment owned value						$ 3,209,685			$ 3,209,685		$ 3,209,685
Deuce Drone LLC [Member]
Related Party Transaction [Line Items]
Investment owned shares						2,350,000			2,350,000		2,350,000
Investment owned value						$ 2,350,000			$ 2,350,000		$ 2,350,000
Notes receivable aggregating									152,000		152,000
Related Party [Member]
Related Party Transaction [Line Items]
Cash wages						13,854	15,000		30,017	30,000
Accounts payable trade						16,680			16,680
Note payable						15,000			15,000
Due to related party						16,680			16,680
Accounts payable related parties						75,204			75,204		75,204
Zelgor Inc. [Member]
Related Party Transaction [Line Items]
Revenues						16,500	$ 16,500		33,000	$ 27,500
6A Aviation Alaska Consortium, Inc. [Member]
Related Party Transaction [Line Items]
Invested in affiliate						240,080			240,080		240,080
Steven Geary [Member]
Related Party Transaction [Line Items]
Investment owned value						31,680			31,680		$ 31,680
Netcapital Funding Portal, Inc. [Member]
Related Party Transaction [Line Items]
Accounts payable trade						$ 58,524			$ 58,524
Martin Kay [Member]
Related Party Transaction [Line Items]
Granted stock options to purchase			1,000,000
Coreen Kraysler [Member]
Related Party Transaction [Line Items]
Granted stock options to purchase			200,000
Jason Frishman [Member]
Related Party Transaction [Line Items]
Granted stock options to purchase			200,000
Paul Riss [Member]
Related Party Transaction [Line Items]
Granted stock options to purchase			200,000
U.S. Small Business Administration [Member]
Related Party Transaction [Line Items]
Promissory note				$ 500,000
Interest rate				3.75%
Payment terms				30-year term
Installment payments				$ 2,437

Stockholders_ Equity (Details N

Stockholders’ Equity (Details Narrative) - USD ($)											3 Months Ended			6 Months Ended		12 Months Ended
	Oct. 26, 2023	Jul. 31, 2023	Jul. 24, 2023	May 31, 2023	May 23, 2023	Apr. 25, 2023	Jan. 05, 2023	Dec. 16, 2022	Jul. 15, 2022	May 23, 2022	Oct. 31, 2023	Oct. 31, 2022	Jul. 31, 2022	Oct. 31, 2023	Oct. 31, 2022	Apr. 30, 2023	Dec. 31, 2022	Oct. 25, 2023	Jan. 31, 2023	Apr. 30, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized											900,000,000			900,000,000		900,000,000
Common stock, par value											$ 0.001			$ 0.001		$ 0.001
Common stock, shares, outstanding											9,459,132			9,459,132		6,440,527
Stock issued during period, shares, new issues		49,855											39,901
Stock issued during period, value, new issues													$ 113,714
Convertible promissory notes													300,000
Accrued interest													$ 10,192
Exercise price									$ 5.19				$ 5.19
Warrants expire term									5 years				5 years
Gain from conversion of debt													$ 224,260		$ 224,260
Stockholders equity		$ 38,465,385									39,127,561	30,270,260	$ 29,664,394	39,127,561	30,270,260	$ 36,156,452			$ 34,257,399	$ 25,237,861
2023 Omnibus Equity Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued, price per share							$ 1.43
Granted stock options							1,600,000
Consulting Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues				100,000
Stock issued during period, value, new issues				$ 144,000
Securities Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, par value					$ 0.001
Stock issued during period, shares, new issues					1,100,000
Shares issued, price per share					$ 1.55
Gross proceeds from offering										$ 1,705,000
Caesar Media Group Inc. [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues	18,750	18,750														300,000
Stock issued during period, value, new issues																$ 435,000
Equity ownership percentage	10%	10%														10%
MSG Development Corp. [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues	6,250
Employees Consultants and Directors [Member] | 2023 Omnibus Equity Incentive Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Exercise price						$ 1.40
Granted stock options						350,000
Vesting period						4 years
Expiration period						10 years
IPO [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues			1,725,000
Shares issued, price per share			$ 0.70					$ 1.40	$ 4.15
Gross proceeds from offering			$ 1,207,500						$ 5,000,750
Net proceeds from sale of common stock									$ 3,949,117
Over-Allotment Option [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues							1,434,000
Shares issued, price per share								$ 1.40
Net proceeds from sale of common stock							$ 1,621,459
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues													93,432				150,000
Stock issued during period, value, new issues													$ 266,272
Stockholders equity		$ 9,434									9,459	4,313	4,273	9,459	4,313	$ 6,441			6,072	2,934
Common Stock [Member] | IPO [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues								1,247,000	1,205,000							75,000
Stock issued during period, value, new issues																$ 732,751
Common Stock [Member] | Over-Allotment Option [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues							187,000	187,000	180,750
Warrant [Member] | Placement Agency Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues					55,000
Exercise price					$ 1.94
Warrant [Member] | IPO [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues			86,250					62,350	1,205,000
Exercise price								$ 1.75
Shares issued, price per share			$ 0.875
Warrant [Member] | Over-Allotment Option [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues									180,750
Warrant [Member] | Over-Allotment Option [Member] | Underwriter [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues							9,350		111,300
Exercise price							$ 1.75
Warrant [Member] | Over-Allotment Option [Member] | Underwriter [Member] | 20 Individual Representatives [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues									60,250
Share To Be Issued [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares to be issued decreased	$ 61,063
Stockholders equity	$ 122,124	$ 183,187									$ 122,124	$ 244,250	244,250	$ 122,124	$ 244,250	$ 183,187		$ 183,187	$ 183,187	$ 244,250
Related Party [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Related party payable													$ 294,054
Investor [Member] | Caesar Media Group Inc. [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues																2,600
Stock issued during period, value, new issues																$ 23,400
Investor [Member] | Caesar Media Group Inc. [Member] | Acquisition Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, new issues																6,250

Schedule of Stock-based Compens

Schedule of Stock-based Compensation Expense (Details) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total stock-based compensation expense	$ 280,522	$ 32,953	$ 763,873	$ 65,906
Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total stock-based compensation expense	62,492		124,986
Chief Financial Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total stock-based compensation expense	14,913	2,443	29,828	4,886
Chief Executive Officer, Advisors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total stock-based compensation expense	1,208	1,221	2,416	2,442
Founder [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total stock-based compensation expense	14,913		29,828
Marketing Consultant [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total stock-based compensation expense			144,000
Marketing Consultant One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total stock-based compensation expense			58,829
Employee and Consultant Options [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total stock-based compensation expense	45,845	29,289	91,684	58,578
Business Consultant [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total stock-based compensation expense	$ 141,151		$ 282,302

Stock-Based Compensation Plan_2

Stock-Based Compensation Plans (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
Share-Based Payment Arrangement, Disclosure [Abstract]
Stock-based compensation expense	$ 280,522	$ 32,953	$ 763,873	$ 65,906

Deposits and Commitments (Detai

Deposits and Commitments (Details Narrative) - USD ($)	6 Months Ended
	Oct. 31, 2023	Apr. 30, 2023
Deposits And Commitments
Membership fee per month	$ 6,400
Deposit	$ 6,300	$ 6,300

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details) - USD ($)	Oct. 31, 2023	Apr. 30, 2023
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	$ 15,971,704	$ 15,971,704
Acquired Users [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	14,288,695	14,288,695
Acquired Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	583,429	583,429
Acquired Intellectual Property and Website [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	435,000	435,000
Professional Practice [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	556,830	556,830
Literary Works And Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	$ 107,750	$ 107,750

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($)	6 Months Ended
	Oct. 31, 2023	Apr. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Weighted average remaining useful life	13 years 7 months 28 days
Finite-lived intangible assets, accumulated amortization	$ 153,069
Intangible assets, net	$ 15,818,635	$ 15,875,297

Schedule of Investments (Detail

Schedule of Investments (Details) - USD ($)	Oct. 31, 2023	Apr. 30, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	$ 24,491,820	$ 22,955,445
Netcapital Systems LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	48,128	48,128
Watch Party LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	440,000	440,000
Zelgor Inc. [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	1,400,000	1,400,000
ChipBrain LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	3,366,348	3,366,348
Vymedic, Inc. [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	11,032	11,032
C-Reveal Therapeutics LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	50,000	50,000
Deuce Drone LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	2,350,000	2,350,000
Hiveskill LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	712,500	712,500
ScanHash LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	425,000	425,000
Caesar Media Group Inc. [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	1,999,127	1,632,752
Cust Corp [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	1,200,000	1,200,000
Kingscrowd Inc [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	3,209,685	3,209,685
Reper LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	1,200,000	1,200,000
Dark LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	2,100,000	2,100,000
NetWire LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	1,300,000	1,300,000
CountSharp LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	1,170,000	1,170,000
CupCrew LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	1,170,000	1,170,000
HeadFarm LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	1,170,000	1,170,000
RealWorld LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investment Owned, at cost	$ 1,170,000

Investments (Details Narrative)

Investments (Details Narrative) - USD ($)				1 Months Ended												3 Months Ended	12 Months Ended
	Jul. 31, 2023	May 31, 2023	Jan. 02, 2020	May 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Aug. 31, 2022	Jun. 30, 2022	Apr. 30, 2022	Jan. 31, 2022	Dec. 31, 2020	Aug. 31, 2020	Jul. 31, 2020	May 31, 2020	Aug. 31, 2019	Jul. 31, 2022	Dec. 31, 2022	Dec. 31, 2020	Dec. 31, 2019	Oct. 31, 2023	Jul. 21, 2022
Investment owned, balance, shares					1,400,000															1,400,000
Investment owned, balance, principal amount					$ 1,400,000															$ 1,400,000
Stock issued during period, shares, new issues	49,855															39,901
Stock issued during period, value, new issues																$ 113,714
Investment owned, cost					$ 22,955,445															24,491,820
Consulting Agreement [Member]
Stock issued during period, shares, new issues		100,000
Stock issued during period, value, new issues		$ 144,000
Ceasar Media Group Inc [Member]
Investment owned, cost																				$ 1,999,127
Common Stock [Member]
Stock issued during period, shares, new issues																93,432	150,000
Stock issued during period, value, new issues																$ 266,272
RealWorld LLC [Member]
Stock Issued During Period, Shares, Issued for Services				2,853,659
Share price		$ 0.41		$ 0.41
Sale of stock, price per share		$ 0.41		$ 0.41
Accounts receivable net		$ 1,170,000		$ 1,170,000
Investment owned, balance, shares																				2,853,659
Investment owned, balance, principal amount																				$ 1,170,000
HeadFarm LLC [Member]
Stock Issued During Period, Shares, Issued for Services					2,853,659
Share price					$ 0.41
Sale of stock, price per share					$ 0.41
Accounts receivable net					$ 1,170,000
Investment owned, balance, shares					2,853,659															2,853,659
Investment owned, balance, principal amount					$ 1,170,000															$ 1,170,000
CupCrew LLC [Member]
Stock Issued During Period, Shares, Issued for Services					2,853,659
Share price					$ 0.41
Sale of stock, price per share					$ 0.41
Accounts receivable net					$ 1,170,000
Investment owned, balance, shares					2,853,659															2,853,659
Investment owned, balance, principal amount					$ 1,170,000															$ 1,170,000
CountSharp LLC [Member]
Stock Issued During Period, Shares, Issued for Services					2,853,659
Share price					$ 0.41
Sale of stock, price per share					$ 0.41
Accounts receivable net					$ 1,170,000
Investment owned, balance, shares					2,853,659															2,853,659
Investment owned, balance, principal amount					$ 1,170,000															$ 1,170,000
Dark LLC [Member]
Stock Issued During Period, Shares, Issued for Services						2,100,000
Share price						$ 1
Sale of stock, price per share						$ 1
Accounts receivable net						$ 2,100,000
Investment owned, balance, shares					2,100,000															2,100,000
Investment owned, balance, principal amount					$ 2,100,000															$ 2,100,000
NetWire LLC [Member]
Stock Issued During Period, Shares, Issued for Services							1,911,765
Share price							$ 0.68
Sale of stock, price per share							$ 0.68
Accounts receivable net							$ 1,300,000
Investment owned, balance, shares					1,911,765															1,911,765
Investment owned, balance, principal amount					$ 1,300,000															$ 1,300,000
Reper LLC [Member]
Stock Issued During Period, Shares, Issued for Services				1,764,706
Share price		$ 0.68		$ 0.68
Sale of stock, price per share		$ 0.68		$ 0.68
Accounts receivable net		$ 1,200,000		$ 1,200,000
Investment owned, balance, shares					1,764,706															1,764,706
Investment owned, balance, principal amount					$ 1,200,000															$ 1,200,000
Cust Corp [Member]
Stock Issued During Period, Shares, Issued for Services									3,000,000
Share price									$ 0.40
Sale of stock, price per share									$ 0.40
Accounts receivable net									$ 1,200,000
Investment owned, balance, shares					3,000,000															3,000,000
Investment owned, balance, principal amount					$ 1,200,000															$ 1,200,000
ScanHash LLC [Member]
Stock Issued During Period, Shares, Issued for Services										1,700,000
Share price										$ 0.25
Sale of stock, price per share										$ 0.25
Accounts receivable net										$ 425,000
Investment owned, balance, shares					1,700,000															1,700,000
Investment owned, balance, principal amount					$ 425,000															$ 425,000
Hiveskill LLC [Member]
Stock Issued During Period, Shares, Issued for Services										2,850,000
Share price										$ 0.25
Sale of stock, price per share										$ 0.25
Accounts receivable net										$ 712,500
Investment owned, balance, shares					2,850,000															2,850,000
Investment owned, balance, principal amount					$ 712,500															$ 712,500
Caesar Media Group Inc. [Member]
Investment interest rate																	10%
Stock issued during period, shares, new issues																	400
Sale of stock, number of shares issued in transaction																	50,000
Stock issued during period, value, new issues																	$ 500,000
Watch Party LLC [Member]
Stock Issued During Period, Shares, Issued for Services													97,500	110,000
Share price														$ 2.14
Sale of stock, price per share														$ 2.14
Investment owned, balance, shares					110,000															110,000
Investment owned, balance, principal amount					$ 440,000															$ 440,000
ChipBrain LLC [Member]
Stock Issued During Period, Shares, Issued for Services														710,200
Share price														$ 0.93						$ 2.40
Sale of stock, price per share														$ 0.93
Investment owned, balance, shares					710,200															710,200
Investment owned, balance, principal amount					$ 3,366,348															$ 3,366,348
Zelgor Inc. [Member]
Stock Issued During Period, Shares, Issued for Services														1,400,000
Share price														$ 1
Sale of stock, price per share														$ 1
Investment owned, balance, shares					1,400,000															1,400,000
Investment owned, balance, principal amount					$ 1,400,000															$ 1,400,000
Deuce Drone LLC [Member]
Stock Issued During Period, Shares, Issued for Services			2,350,000
Share price			$ 0.35																	$ 1
Sale of stock, price per share			$ 0.35
Investment owned, balance, principal amount					$ 2,350,000															$ 2,350,000
Investment earned income			$ 822,500
Kings Crowd LLC [Member]
Stock Issued During Period, Shares, Issued for Services															300,000
Share price											$ 1				$ 1.80			$ 1			$ 1
Sale of stock, price per share															$ 1.80
Investment owned, balance, shares					3,209,685															3,209,685
Investment owned, balance, principal amount					$ 3,209,685															$ 3,209,685
Sale of stock, number of shares issued in transaction								606,060
Investment earned income															$ 540,000
Description of forward stock split											In connection with the conversion to a corporation, each membership interest unit converted into 12.71915 shares of common stock.
Gain on sale of investments								$ 200,000
Equity method investment, deferred gain on sale								$ 406,060
Netcapital Systems LLC [Member]
Stock Issued During Period, Shares, Issued for Services																		1,000	1,000
Share price											$ 91.15							$ 91.15
Investment owned, balance, shares					528															528
Investment owned, balance, principal amount					$ 48,128															$ 48,128
Vymedic, Inc. [Member]
Investment owned, balance, shares					4,000															4,000
Investment owned, balance, principal amount					$ 11,032															$ 11,032
Vymedic, Inc. [Member] | Consulting Agreement [Member]
Fees income													$ 40,000
C-Reveal Therapeutics LLC [Member]
Investment owned, balance, shares					5,000															5,000
Investment owned, balance, principal amount					$ 50,000															$ 50,000
Stock issued during period, value, new issues												$ 50,000
C-Reveal Therapeutics LLC [Member] | Consulting Agreement [Member]
Fees income												$ 120,000

Going Concern Matters and Rea_2

Going Concern Matters and Realization of Assets (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
Going Concern Matters And Realization Of Assets
Working capital			$ 1,131,275
Operating income (loss)	$ (52,220)	$ (335,165)	696,800	$ (341,835)
Net cash used in operating activities			$ 1,945,814	$ 2,054,600