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Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
Oct. 31, 2024
Apr. 30, 2024
Current Assets:    
Cash and cash equivalents (including short term investments of $10,985 and $4,136, respectively) $ 11,293,000 $ 4,390,000
Equity securities 21,837,000 16,344,000
Available-for-sale Fixed Income securities 38,915,000 47,611,000
Accounts receivable, net of allowance for credit losses of $22 and $31, respectively 1,259,000 1,310,000
Prepaid and refundable income taxes 599,000 209,000
Prepaid expenses and other current assets 955,000 1,160,000
Total current assets 74,858,000 71,024,000
Long term assets:    
Investment in EAM Trust 60,786,000 60,134,000
Restricted money market investments 305,000 305,000
Property and equipment, net 3,939,000 4,440,000
Capitalized software and other intangible assets, net 103,000 132,000
Total long term assets 65,134,000 65,011,000
Total assets 139,992,000 136,035,000
Current Liabilities:    
Accounts payable and accrued liabilities 952,000 1,430,000
Accrued salaries 989,000 1,020,000
Dividends payable 2,826,000 2,827,000
Accrued taxes on income 44,000 7,000
Operating lease obligation-short term 1,230,000 1,206,000
Unearned revenue 15,856,000 15,764,000
Total current liabilities 21,897,000 22,254,000
Long term liabilities:    
Unearned revenue 5,010,000 6,517,000
Operating lease obligation-long term 2,966,000 3,578,000
Deferred income taxes 13,404,000 12,893,000
Total long term liabilities 21,380,000 22,988,000
Total liabilities 43,277,000 45,242,000
Shareholders' Equity:    
Common stock, $0.10 par value; authorized 30,000,000 shares; issued 10,000,000 shares 1,000,000 1,000,000
Additional paid-in capital 991,000 991,000
Retained earnings 110,170,000 104,249,000
Treasury stock, at cost (581,926 shares and 577,517 shares, respectively) 15,372,000 15,194,000
Accumulated other comprehensive income, net of tax (74,000) (253,000)
Total shareholders' equity 96,715,000 90,793,000
Total liabilities and shareholders' equity $ 139,992,000 $ 136,035,000