EARNINGS PER SHARE (Tables)

9 Months Ended

Jan. 31, 2020

EARNINGS PER SHARE

Schedule of basic earnings per common share

	Three Months Ended				Nine Months Ended
	January 31, 2020		January 31, 2019		January 31, 2020		January 31, 2019
Net income (loss)	$	(436,000)	$	(406,000)	$	314,000	$	(417,000)
Amounts allocated to participating securities (nonvested restricted shares)		—		—		(38,000)		—
Net income (loss) attributable to common shareholders	$	(436,000)	$	(406,000)	$	276,000	$	(417,000)
Basic weighted average common shares		5,265,750		5,265,750		5,265,750		5,265,750
Earnings (loss) per share attributable to common shareholders:
Basic earnings (loss) per share	$	(0.08)	$	(0.08)	$	0.05	$	(0.08)