Condensed Balance Sheets - USD ($)	Jul. 31, 2024	Apr. 30, 2024
Current Assets:
Cash and cash equivalents	$ 9,367,000	$ 7,112,000
Investments and securities, at fair value	36,499,000	34,488,000
Accounts receivable:
Trade, net of allowance for credit losses of $21,027 and $34,256	4,171,000	3,903,000
Other	19,000	66,000
Inventories, net	11,241,000	11,558,000
Prepaid expenses	419,000	315,000
Total Current Assets	61,716,000	57,442,000
Property and Equipment, net, at cost	2,011,000	2,003,000
Other Assets
Investment in Limited Land Partnership, at cost	25,000	294,000
Projects in process	13,000	13,000
Total Other Assets	38,000	307,000
Intangible assets, net	998,000	1,028,000
TOTAL ASSETS	64,763,000	60,780,000
Current Liabilities
Accounts payable, trade	261,000	291,000
Dividends payable	2,853,000	2,853,000
Deferred income	48,000	23,000
Accrued expenses	582,000	483,000
Income tax payable	803,000	105,000
Total Current Liabilities	4,547,000	3,755,000
Long-Term Liabilities
Deferred income taxes	2,697,000	2,388,000
Total Long-Term Liabilities	2,697,000	2,388,000
Total Liabilities	7,244,000	6,143,000
Commitments and contingencies
Stockholders’ Equity
Convertible preferred stock, 1,000,000 shares authorized, Series 1—noncumulative, $20 stated value, 25,000 shares authorized, 4,100 issued and outstanding	99,000	99,000
Common stock, Class A, $.10 par value, 10,000,000 shares authorized, 8,502,881 shares issued and outstanding	850,000	850,000
Additional paid-in capital	1,934,000	1,934,000
Accumulated other comprehensive income	40,000	(137,000)
Retained earnings	59,541,000	56,836,000
Less: treasury stock, 3,606,151 and 3,606,151 shares, at cost	(4,945,000)	(4,945,000)
Total Stockholders’ Equity	57,519,000	54,637,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 64,763,000	$ 60,780,000