Summary of Significant Accounting Policies (Tables)

12 Months Ended

Apr. 30, 2022

Accounting Policies [Abstract]

Summary of Estimated Useful Lives

A summary of the estimated useful lives is as follows:

Description	Useful Life
Machinery and equipment	2 to 10 years

Schedule of Trade Channel Net Sales

The following table sets forth certain information regarding trade channel net sales for the fiscal years ended April 30, 2022, 2021, and 2020 (dollars in thousands):

	2022		2021		$ Change			% Change			2020
e-commerce channels	$	97,418	$	108,726	$	(11,308	)		-10.4	%	$	54,316
Traditional channels		150,108		167,961		(17,853	)		-10.6	%		113,063
Total net sales	$	247,526	$	276,687	$	(29,161	)		-10.5	%	$	167,379

Schedule of Geographic Makeup of Net Sales

The following table sets forth certain information regarding geographic makeup of net sales included in the above table for the fiscal years ended April 30, 2022, 2021, and 2020 (dollars in thousands):

	2022		2021		$ Change			% Change			2020
Domestic net sales	$	234,803	$	267,573	$	(32,770	)		-12.2	%	$	160,905
International net sales		12,723		9,114		3,609			39.6	%		6,474
Total net sales	$	247,526	$	276,687	$	(29,161	)		-10.5	%	$	167,379

Change in Accrued Warranties Recorded as Non-Current Liability

The following table sets forth the change in accrued warranties, a portion of which is recorded as a non-current liability, in the fiscal years ended April 30, 2022, 2021, and 2020 (in thousands):

	April 30, 2022			April 30, 2021			April 30, 2020
Beginning balance		717			336			587
Warranties issued and adjustments to provisions		399			1,083			193
Changes related to preexisting product recall accruals		-			-			(180	)
Warranties assumed in acquisition		150			-			-
Warranty claims		(480	)		(702	)		(264	)
Ending balance		786			717			336

Reconciliation of Net Income/(Loss) Amounts and Weighted Average Number of Common and Common Equivalent Shares Used to Determine Basic and Diluted Earnings(Loss) per Common Share

The following table provides a reconciliation of the net income/(loss) amounts and weighted average number of common and common equivalent shares used to determine basic and diluted earnings/(loss) per common share (in thousands, except per share data):

	For the Years Ended April 30,
	2022								2021							2020
	Net					Per Share			Net				Per Share			Net						Per Share
	(Loss)			Shares		Amount			Income		Shares		Amount			Loss				Shares		Amount
Basic (loss)/earnings	$	(64,880	)		13,930	$	(4.66	)	$	18,405		13,997	$	1.31		$		(96,201	)		13,975	$		(6.88	)
Effect of dilutive stock awards		—			—		—			—	228			(0.02	)		—			—			—
Diluted (loss)/earnings	$	(64,880	)		13,930	$	(4.66	)	$	18,405		14,225	$	1.29		$		(96,201	)		13,975	$		(6.88	)