Earnings Per Share (Tables)

12 Months Ended

Apr. 30, 2026

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of net income and number of shares used in computing basic and diluted earnings per share was as follows:


	Year Ended April 30,
	2026		2025
Basic and diluted net income (loss) per share computation (dollars in thousands):
Net income (loss) attributable to common stockholders	$	(1,175)	$	4,701
Weighted Average common shares - basic and diluted	13,832,385		13,659,786
Basic net income (loss) per share	$	(0.08)	$	0.34

Diluted income (loss) per share computation
Net income (loss) attributable to common stockholders	$	(1,175)	$	4,701



Weighted Average common shares	13,832,385		13,659,786
Incremental shares from assumed exercise of stock options	—		606,995
Adjusted weighted average share – diluted	13,832,385		14,266,781

Diluted net income (loss) per share	$	(0.08)	$	0.33

Schedule of Potentially Dilutive Stock-based Instruments

The following table reflects the total potential stock-based instruments outstanding at April 30, 2026 and 2025 that could have an effect on the future computation of dilution per common share. These figures were not included in the above calculation as, to do so, would be antidilutive:


	Year Ended April 30,
	2026	2025
Stock options	2,639,820	126,353


Total common stock equivalents	2,639,820	126,353