Significant Accounting Policies (Tables)

3 Months Ended

Jul. 31, 2024

Accounting Policies [Abstract]

Summary of the calculation of earnings (loss) per share, basic and diluted

The following table reflects these calculations. Note, as of July 31, 2023, all of the Company's potential common stock was considered anti-dilutive.

	Three Months Ended July 31,
(Dollars in Thousands)	2024		2023
Basic net income (loss) per share computation:
Net income (loss) attributable to common stockholders	$	1,313	$	(2,566)
Weighted Average common shares – basic	13,593,766		13,506,782
Basic net income (loss) per share	$	0.10	$	(0.19)
Diluted net income (loss) per share computation:
Net income (loss) attributable to common stockholders	$	1,313	$	(2,566)
Weighted Average common shares	13,593,766		13,506,782
Incremental shares from assumed exercise of stock options	448,613		—
Adjusted weighted average share – diluted	14,042,379		13,506,782
Diluted net income (loss) per share	$	0.09	$	(0.19)

Summary of antidilutive securities excluded from earnings per share calculations

The following table reflects the total potential share-based instruments outstanding at July 31, 2024 and 2023 including those that could have an effect on the future computation of dilution per common share, had their effect not been anti-dilutive due to the Company's net losses in the related periods:

	July 31,
	2024	2023
Total common stock equivalents	1,131,624	1,766,752