ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

9 Months Ended

Jan. 31, 2026

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consist of (in thousands):

	January 31,		April 30,
	2026		2025
Land development and homebuilding operations
Accrued expenses	$	1,735	$	1,083
Trade payables		1,257		1,305
Customer deposits		1,058		833
		4,050		3,221
Corporate operations		481		568
Total	$	4,531	$	3,789