INVESTMENT ASSETS, NET (Tables)

9 Months Ended

Jan. 31, 2026

INVESTMENT ASSETS, NET

Schedule of investment assets, net

Investment assets, net consist of (in thousands):

	January 31,		April 30,
	2026		2025
Land held for long-term investment	$	8,482	$	8,843
Owned real estate leased or intended to be leased		8,421		6,207
Less accumulated depreciation		(312)		(170)
Owned real estate leased or intended to be leased, net		8,109		6,037
Total	$	16,591	$	14,880