Note 16 - Sale of Product Line

9 Months Ended

Jan. 31, 2025

Notes to Financial Statements

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

16. Sale of Product Line:

On January 30, 2025, the Company completed the sale of its “Jet Autopilot Product Line” for $1.5 million cash.  We included the operating results associated with this business in our aerospace products segment. The Company will continue to perform and transfer services through April 2025.

		January 31, 2025
Inventory, net	$	460
Machinery and equipment		1,322
Accumulated depreciation		(1,322	)
Total property, plant and equipment		-
Other assets		1,417
Accumulated amortization		(1,417	)
Other assets, net of accumulated amortization		-
	$	460