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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jan. 31, 2026
Jan. 31, 2025
Jan. 31, 2026
Jan. 31, 2025
REVENUES:        
Total revenues $ 14,573 $ 7,520 $ 41,823 $ 38,516
COSTS AND EXPENSES:        
General and administrative expenses 2,930 1,875 6,733 5,331
Total costs and expenses 11,566 7,088 31,551 29,948
Operating income 3,007 432 10,272 8,568
Interest income, net 393 410 1,308 1,267
Income before income taxes 3,400 842 11,580 9,835
Provision for income taxes 253 125 2,541 1,012
Net income $ 3,147 $ 717 $ 9,039 $ 8,823
Earnings per share - basic (in dollars per share) $ 0.59 $ 0.13 $ 1.69 $ 1.66
Earnings per share - diluted (in dollars per share) $ 0.58 $ 0.13 $ 1.68 $ 1.64
Weighted average number of common shares outstanding - basic (in shares) 5,340 5,321 5,334 5,316
Weighted average number of common shares outstanding - diluted (in shares) 5,389 5,381 5,384 5,376
Land sale        
REVENUES:        
Total revenues $ 8,266 $ 2,908 $ 16,585 $ 18,113
COSTS AND EXPENSES:        
Cost of revenues 4,142 1,860 6,663 9,095
Home sale        
REVENUES:        
Total revenues 5,425 4,094 22,720 18,420
COSTS AND EXPENSES:        
Cost of revenues 4,152 3,173 17,163 14,694
Other        
REVENUES:        
Total revenues 882 518 2,518 1,983
COSTS AND EXPENSES:        
Cost of revenues $ 342 $ 180 $ 992 $ 828