EARNINGS PER SHARE (Tables)

9 Months Ended

Jan. 31, 2018

EARNINGS PER SHARE

Computation of earnings per common share

	Three Months Ended				Nine Months Ended
	January 31, 2018		January 31, 2017		January 31, 2018		January 31, 2017
Net earnings (loss)	$	(307,000)	$	(191,000)	$	(671,000)	$	(176,000)
Amounts allocated to participating securities (nonvested restricted shares)		—		—		—		—
Net earnings (loss) attributable to common shareholders	$	(307,000)	$	(191,000)	$	(671,000)	$	(176,000)
Basic weighted average common shares		5,265,750		4,915,750		5,265,750		5,077,171
Earnings per share attributable to common shareholders:
Basic earnings (loss) per share	$	(0.06)	$	(0.04)	$	(0.13)	$	(0.03)