Significant Accounting Policies (Tables)

6 Months Ended

Oct. 31, 2020

Accounting Policies [Abstract]

Summary of the calculation of earnings per share, basic and diluted

	Three Months Ended October 31,				Six Months Ended October 31,
	2020		2019		2020		2019
Basic and diluted net income (loss) per share computation (dollars in thousands):
Net income (loss) attributable to common stockholders	$	1	$	307	$	76	$	(334)
Weighted Average common shares – basic	13,064,191		11,619,686		12,811,921		11,619,569
Basic net income (loss) per share	$	—	$	0.03	$	0.01	$	(0.03)
Diluted income (loss) per share computation:
Net income (loss) attributable to common stockholders	$	1	$	307	$	76	$	(334)
Net income (loss) available to common stockholders	$	1	$	307	$	76	$	(334)
Weighted Average common shares	13,064,191		11,619,686		12,811,921		11,619,569
Incremental shares from assumed exercise of stock options	1,997,912		1,345,106		1,751,139		—
Adjusted weighted average share – diluted	15,062,103		12,964,792		14,563,060		11,619,569
Diluted net income (loss) per share	$	—	$	0.02	$	0.01	$	(0.03)

Summary of antidilutive securities excluded from earnings per share calculations

The following table reflects the total potential share-based instruments outstanding at October 31, 2020 and 2019 that could have an effect on the future computation of dilution per common share, had their effect not been anti-dilutive:

	October 31,
	2020	2019
Stock options	1,651,478	2,453,874
Warrants	—	1,669,773
Total common stock equivalents	1,651,478	4,123,647