XML 51 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Income Statements (Unaudited) - USD ($)
3 Months Ended
Jul. 31, 2025
Jul. 31, 2024
Income Statement [Abstract]    
Net Sales $ 5,898,000 $ 5,780,000
Less: Cost of Goods Sold (2,875,000) (2,835,000)
Gross Profit 3,023,000 2,945,000
Operating Expenses:    
General and Administrative 389,000 337,000
Sales 802,000 807,000
Engineering 24,000 27,000
Total Operating Expenses 1,215,000 1,171,000
Income From Operations 1,808,000 1,774,000
Other Income (Expense)    
Other 67,000 2,000
Interest Expense (1,000)
Dividend and Interest Income 352,000 317,000
Unrealized Gain on Equity Securities 2,381,000 1,346,000
(Loss) on Sale of Assets (30,000) (2,000)
Gain on Sale of Investments 145,000 213,000
Total Other Income (Expense) 2,915,000 1,875,000
Income Before Provisions for Income Taxes 4,723,000 3,649,000
Provisions for Income Taxes    
Current Expense 479,000 705,000
Deferred tax expense 452,000 239,000
Total Income Tax Expense 931,000 944,000
Net Income $ 3,792,000 $ 2,705,000
Basic Earnings Per Share of Common Stock $ 0.78 $ 0.55
Diluted Earnings Per Share of Common Stock $ 0.77 $ 0.55
Weighted Average Number of Common Shares Outstanding 4,892,032 4,896,730
Weighted Average Number of Shares Outstanding (Diluted) 4,912,532 4,917,230