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Condensed Income Statements (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Jan. 31, 2025
Jan. 31, 2024
Income Statement [Abstract]        
Net Sales $ 4,912,000 $ 5,394,000 $ 16,306,000 $ 16,175,000
Less: Cost of Goods Sold (2,614,000) (2,734,000) (8,349,000) (8,145,000)
Gross Profit 2,298,000 2,660,000 7,957,000 8,030,000
Operating Expenses        
General and Administrative 344,000 396,000 1,098,000 1,097,000
Sales 726,000 705,000 2,320,000 2,181,000
Engineering 32,000 41,000 86,000 78,000
Total Operating Expenses 1,102,000 1,142,000 3,504,000 3,356,000
Income From Operations 1,196,000 1,518,000 4,453,000 4,674,000
Other Income (Expense)        
Other 1,000 32,000 97,000 41,000
Dividend and Interest Income 536,000 396,000 1,152,000 855,000
Unrealized Gain on equity securities 92,000 2,883,000 1,505,000 2,149,000
Gain (Loss) on Sale of Investments 341,000 18,000 890,000 (55,000)
Gain on Solar Tax Credit 95,000 468,000
Gain (Loss) on Sale of Assets (2,000) 8,000
Total Other Income 1,065,000 3,329,000 4,110,000 2,998,000
Income Before Provisions for Income Taxes 2,261,000 4,847,000 8,563,000 7,672,000
Provisions for Income Taxes:        
Current Expense 602,000 474,000 1,771,000 1,327,000
Deferred Tax Expense 52,000 1,134,000 264,000 787,000
Total Income Tax Expense 654,000 1,608,000 2,035,000 2,114,000
Net Income $ 1,607,000 $ 3,239,000 $ 6,528,000 $ 5,558,000
Income Per Share of Common Stock        
Basic $ 0.33 $ 0.66 $ 1.33 $ 1.13
Diluted $ 0.33 $ 0.66 $ 1.33 $ 1.13
Weighted Average Number of Common Shares Outstanding        
Basic 4,895,382 4,899,692 4,896,281 4,918,746
Diluted 4,915,882 4,920,192 4,916,781 4,939,246