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Note 1 - Nature of Operations, Organization and Significant Accounting Policies (Tables)
12 Months Ended
Apr. 30, 2023
Notes Tables  
Schedule of Useful Life of Property, Plant, and Equipment [Table Text Block]

Description

Estimated useful life

Building and improvements

39 years or the shorter of the estimated useful life of the asset or the underlying lease term

Aircraft

5 years

Machinery and equipment

5 years

Office furniture and fixtures

5 years

Leasehold improvements

Shorter of the estimated useful life of the asset or the underlying lease term

Schedule of Other Assets [Table Text Block]

(dollars in thousands)

 

2023

  

2022

 
         

Privilege fee

 $5,500  $5,500 

Less amortized costs

  4,795   4,372 

Privilege fee balance

 $705  $1,128 
         

Intangible gaming equipment

 $6,646  $6,151 

Less amortized costs

  6,078   5,868 

Intangible gaming equipment balance

 $568  $283 
         

JET autopilot intellectual property

 $1,417  $1,417 

Less amortized costs

  1,417   1,335 

JET autopilot intellectual property balance

 $-  $82 
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(in thousands, except share and per share data)

 

2023

  

2022

 
         

Net income attributable to Butler National Corporation

 $4,516  $10,368 

Weighted average common shares outstanding

  76,456,631   75,340,131 

Dilutive effect of non-qualified stock option plans

  -   - 

Weighted average common shares outstanding, assuming dilution

  76,456,631   75,340,131 

Potential common shares if all options were exercised and shares issued

  76,456,631   75,340,131 

Basic earnings per common share

 $0.06  $0.14 

Diluted earnings per common share

 $0.06  $0.14