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EARNINGS PER SHARE (Tables)
3 Months Ended
Jul. 31, 2018
EARNINGS PER SHARE  
Schedule of basic earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

    

    

July 31, 2018

    

July 31, 2017

 

Net loss

 

 

$

(43,000)

 

$

(193,000)

 

Amounts allocated to participating securities (nonvested restricted shares)

 

 

 

 —

 

 

 —

 

Net loss attributable to common shareholders

 

 

$

(43,000)

 

$

(193,000)

 

Basic weighted average common shares

 

 

 

5,265,750

 

 

5,265,750

 

Earnings (loss) per share attributable to common shareholders:

 

 

 

 

 

 

 

 

Basic loss per share

 

 

$

(0.01)

 

$

(0.04)