v3.26.1
Provision for (Benefit from) Income Taxes (Tables)
 12 Months Ended
Apr. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Components of Provision (Benefit) for Income Taxes
The following table presents the components of income (loss) before income taxes and the related income tax expense (benefit) (in thousands):
For the Year Ended April 30,
20262025
Income / (loss) before income taxes:
U.S. operations$(1,164)$4,426 
Italy operations145 116 
Israel operations90 84 
Total income / (loss) before income taxes(929)4,626 
Income tax expense / (benefit):
Current:
U.S. federal$— $— 
U.S. state and local (a)158 20 
Italy44 34 
Israel44 (129)
Total current income tax expense / (benefit)246 (75)
Deferred:
U.S. federal$— $— 
U.S. state and local (a)— — 
Italy— — 
Israel— — 
Total deferred income tax expense / (benefit)— — 
Total income tax expense / (benefit)$246 $(75)
 
(a) Taxes in California, Connecticut, Pennsylvania, and New York City make up the majority of the current U.S. state and local income tax.
Schedule of Income Taxes Paid (Net of Refunds Received)
Income taxes paid (net of refunds received) related to continuing operations are presented on a cash basis and were as follows (in thousands):

For the Year Ended April 30,
20262025
Jurisdiction:
U.S. federal$— $— 
U.S. state and local:
California106 — 
New York City37 — 
Pennsylvania14 — 
Connecticut24 — 
Italy36 31 
Israel25 12 
Total income taxes paid (net of refunds received)242 43 
Schedule of Effective Income Tax Rate Reconciliation
The expected tax expense / (benefit) based on the United States statutory federal tax rate is reconciled with actual tax expense / (benefit) as follows (in thousands):
 Year Ended April 30,
 20262025
Expected U.S. federal statutory income tax$(195)21.0 %$972 21.0 %
U.S. state and local income taxes, net of federal benefit (b)125 (13.4)%16 0.3 %
Foreign tax effects:
  Italy:
    Statutory tax rate differences14 (1.5)%8 0.2 %
    Nondeductible expenses— — %1 — %
  Israel:
    Statutory tax rate differences2 (0.2)%2 — %
    Uncertain tax position change— — %(181)(3.9)%
    Return to provision adjustment23 (2.5)%32 0.7 %
Change in U.S. federal valuation allowance126 (13.6)%(3,097)(66.9)%
Nontaxable or nondeductible items:
  Incentive stock compensation (deduction) / inclusion(18)1.9 %88 1.9 %
  Meals and entertainment19 (2.0)%17 0.4 %
Other adjustments:
  Global intangible low-taxed income inclusion59 (6.4)%60 1.3 %
Adjustments to deferred tax assets91 (9.8)%2,007 43.4 %
Income tax expense / (benefit)$246 (26.5)%$(75)(1.6)%

(b) Taxes in California, Connecticut, Pennsylvania, and New York City make up the majority of the effect of the U.S. state and local tax category.
Schedule of Deferred Tax Assets and Liabilities Significant components of the Company’s deferred tax assets and liabilities as of April 30, 2026 and 2025 consist of the following (in thousands):
As of April 30,
20262025
Deferred tax assets:
Net operating loss carryforwards$10,962 $8,248 
Capitalized research and development costs3,454 3,712 
Right of use liability1,150 1,461 
Deferred revenue315 1,271 
Stock-based compensation1,371 1,212 
Allowance for doubtful accounts and credit losses269 234 
Accrued liabilities153 128 
Total deferred tax assets before valuation allowance17,674 16,266 
Less: Valuation allowance(16,364)(14,838)
Total deferred tax assets after valuation allowance1,310 1,428 
Deferred tax liabilities:
Right of use asset(943)(1,212)
       Fixed assets(367)(216)
Total deferred tax liabilities(1,310)(1,428)
Net deferred tax asset (liability)$— $— 
Schedule of Change in Uncertain Tax Positions
A reconciliation of the Company’s uncertain tax positions for years ended April 30, 2026 and 2025 is as follows (in thousands):
 Year Ended April 30,
 20262025
Balance at beginning of year$— $181 
Additions based on tax positions related to the current year— — 
Additions for tax positions of prior years— — 
Reductions for tax positions of prior years— — 
Settlements— — 
Reductions due to lapse of statute of limitations— (181)
Balance at end of year$— $—