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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2022
Apr. 30, 2022
Current assets:    
Cash and cash equivalents $ 16,355 $ 19,521
Accounts receivable, net of allowance for credit losses of $146 on October 31, 2022 and $129 on April 30, 2022 32,557 28,879
Inventories 111,444 121,683
Prepaid expenses and other current assets 11,292 8,491
Income tax receivable 1,286 1,231
Total current assets 172,934 179,805
Property, plant, and equipment, net 10,168 10,621
Intangible assets, net 58,067 63,194
Right-of-use assets 24,975 23,884
Other assets 328 336
Total assets 266,472 277,840
Current liabilities:    
Accounts payable 8,765 13,563
Accrued expenses 10,869 7,853
Accrued payroll, incentives, and profit sharing 2,593 3,786
Lease liabilities, current 1,342 1,803
Total current liabilities 23,569 27,005
Notes and loans payable 19,575 24,697
Lease liabilities, net of current portion 24,520 23,076
Other non-current liabilities 31 31
Total liabilities 67,695 74,809
Commitments and contingencies (Note 12)
Equity:    
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares issued or outstanding
Common stock, $0.001 par value, 100,000,000 shares authorized, 14,353,170 shares issued and 13,432,177 shares outstanding on October 31, 2022 and 14,240,290 shares issued and 19,403,326 outstanding on April 30, 2022 14 14
Additional paid in capital 270,220 268,393
Retained deficit (55,676) (50,351)
Treasury stock, at cost (920,993 shares on October 31, 2022 and 836,964 shares on April 30, 2022) (15,781) (15,025)
Total equity 198,777 203,031
Total liabilities and equity $ 266,472 $ 277,840