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Inventory
12 Months Ended
Apr. 30, 2024
Inventory Disclosure [Abstract]  
Inventory

5. Inventory

The following table sets forth a summary of inventories stated at lower of cost or net realizable value, as of April 30, 2024 and 2023 (in thousands):

 

 

 

April 30, 2024

 

 

April 30, 2023

 

Finished goods

 

$

83,879

 

 

$

90,906

 

Finished parts

 

 

2,402

 

 

 

2,818

 

Work in process

 

 

75

 

 

 

66

 

Raw material

 

 

6,959

 

 

 

5,944

 

Total inventories

 

$

93,315

 

 

$

99,734

 

Certain of our suppliers in Asia require deposits to procure our inventory products prior to beginning the manufacturing process. These deposits on our inventory varies by supplier and range from 30% to 100%. For the fiscal years ended April 30, 2024 and 2023, we have recorded $4.3 million, respectively, in prepaid expenses and other current assets on our consolidated balance sheet.