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EARNINGS PER SHARE (Tables)
9 Months Ended
Jan. 31, 2019
EARNINGS PER SHARE  
Schedule of basic earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

    

January 31, 2019

    

January 31, 2018

    

January 31, 2019

    

January 31, 2018

 

Net loss

 

$

(406,000)

 

$

(307,000)

 

$

(417,000)

 

$

(671,000)

 

Amounts allocated to participating securities (nonvested restricted shares)

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Net loss attributable to common shareholders

 

$

(406,000)

 

$

(307,000)

 

$

(417,000)

 

$

(671,000)

 

Basic weighted average common shares

 

 

5,265,750

 

 

5,265,750

 

 

5,265,750

 

 

5,265,750

 

Loss per share attributable to common shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic loss per share

 

$

(0.08)

 

$

(0.06)

 

$

(0.08)

 

$

(0.13)