Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Apr 30, 2025 | FY 2024Apr 30, 2024 | FY 2023Apr 30, 2023 | FY 2022Apr 30, 2022 | FY 2021Apr 30, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 15.6M | 42.7M | 13.9M | 0.00 | -- |
| Operating Revenue | 15.6M | 42.7M | 13.9M | 0.00 | -- |
| Cost Of Revenue | 12.1M | 28.0M | 11.0M | 0.00 | -- |
| Gross Profit | 3.5M | 14.8M | 2.8M | 0.00 | -- |
| Selling General And Administration | 7.8M | 6.9M | 6.1M | 4.9M | -- |
| General And Administrative Expense | 7.8M | 6.9M | 6.1M | 4.9M | -- |
| Depreciation And Amortization In Income Statement | -- | -- | 24,000 | 2,000 | 0.00 |
| Other Operating Expenses | 498,000 | 757,000 | 492,000 | 573,000 | -- |
| Operating Expense | 8.3M | 7.7M | 6.6M | 5.5M | -- |
| Operating Income | -4.8M | 7.1M | -3.8M | -5.5M | -- |
| EBIT | -5.3M | 7.8M | -4.2M | -5.7M | -- |
| Interest Expense | 18,000 | 9,000 | 1.6M | 722,000 | -- |
| Interest Expense Non Operating | 18,000 | 9,000 | 1.6M | 722,000 | -- |
| Interest Income | 575,000 | 692,000 | 67,000 | 37,000 | -- |
| Interest Income Non Operating | 575,000 | 692,000 | 67,000 | 37,000 | -- |
| Net Interest Income | 139,000 | 683,000 | -1.6M | -685,000 | -- |
| Other Income Expense | -641,000 | -3,000 | -507,000 | -271,000 | -- |
| Other Non Operating Income Expenses | 224,000 | 198,000 | 146,000 | -- | -- |
| Special Income Charges | -- | -- | 0.00 | -125,000 | 0.00 |
| Write Off | -- | -- | 0.00 | 125,000 | 0.00 |
| Gain On Sale Of Security | -865,000 | -201,000 | -653,000 | -146,000 | -- |
| Pretax Income | -5.3M | 7.8M | -5.9M | -6.4M | -- |
| Tax Provision | 346,000 | -2.0M | -15,000 | -2.2M | -- |
| Tax Effect Of Unusual Items | -129,750 | -30,150 | -1,672 | -92,112 | -- |
| Net Income From Continuing And Discontinued Operation | -5.7M | 9.8M | -5.8M | -4.3M | -- |
| Net Income From Continuing Operation Net Minority Interest | -5.7M | 9.8M | -5.8M | -4.3M | -- |
| Net Income Including Noncontrolling Interests | -5.7M | 9.8M | -5.8M | -4.3M | -- |
| Net Income Common Stockholders | -5.7M | 9.8M | -5.8M | -4.3M | -- |
| Net Income | -5.7M | 9.8M | -5.8M | -4.3M | -- |
| EBITDA | -5.2M | 7.8M | -4.2M | -5.7M | -- |
| Normalized EBITDA | -4.3M | 8.0M | -3.5M | -5.5M | -- |
| Reconciled Depreciation | 120,000 | 23,000 | 24,000 | 2,000 | -- |
| Basic EPS | -0.04 | 0.09 | -0.06 | -0.05 | -- |
| Diluted EPS | -0.04 | 0.08 | -0.06 | -0.05 | -- |
| Basic Average Shares | 126.8M | 108.6M | 97.9M | 88.3M | -- |
| Diluted Average Shares | 126.8M | 115.3M | 97.9M | 88.3M | -- |
| Total Unusual Items | -865,000 | -201,000 | -653,000 | -271,000 | -- |
| Total Unusual Items Excluding Goodwill | -865,000 | -201,000 | -653,000 | -271,000 | -- |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.00 | 0.34 | -- |
| Normalized Income | -4.9M | 10.0M | -5.2M | -4.1M | -- |
| Depreciation Amortization Depletion Income Statement | -- | -- | 24,000 | 2,000 | 0.00 |
| Depreciation Income Statement | -- | -- | 24,000 | 2,000 | 0.00 |
| Diluted NI Availto Com Stockholders | -5.7M | 9.8M | -5.8M | -4.3M | -- |
| Insurance And Claims | -- | -- | 511,000 | 489,000 | -- |
| Net Income Continuous Operations | -5.7M | 9.8M | -5.8M | -4.3M | -- |
| Net Non Operating Interest Income Expense | 139,000 | 683,000 | -1.6M | -685,000 | -- |
| Other Gand A | 5.9M | 5.1M | 4.2M | 2.5M | -- |
| Reconciled Cost Of Revenue | 12.1M | 28.0M | 11.0M | 0.00 | -- |
| Salaries And Wages | 1.9M | 1.8M | 1.9M | 1.9M | -- |
| Selling And Marketing Expense | -- | -- | -- | 1.4M | 92,000 |
| Total Expenses | 20.4M | 35.6M | 17.6M | 5.5M | -- |
| Total Operating Income As Reported | -4.8M | 7.1M | -3.8M | -5.6M | -- |
| Total Other Finance Cost | 418,000 | -- | -- | -- | -- |
| Line Item | FY 2025Apr 30, 2025 | FY 2024Apr 30, 2024 | FY 2023Apr 30, 2023 | FY 2022Apr 30, 2022 | FY 2021Apr 30, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 12.9M | 21.1M | 14.3M | 4.4M | -- |
| Cash Cash Equivalents And Short Term Investments | 20.1M | 30.2M | 52.6M | 56.2M | -- |
| Cash Financial | 12.9M | 21.1M | 14.3M | 4.4M | -- |
| Other Short Term Investments | 7.1M | 9.1M | 38.3M | 51.8M | -- |
| Accounts Receivable | 42,000 | 13.8M | 0.00 | -- | -- |
| Receivables | 468,000 | 14.3M | 511,000 | 2.1M | -- |
| Inventory | 217.5M | 187.1M | 85.6M | 75.0M | -- |
| Prepaid Assets | -- | -- | 511,000 | 2.1M | 280,000 |
| Current Assets | 238.2M | 231.8M | 138.8M | 134.0M | -- |
| Gross PPE | 59.2M | 47.6M | 47.1M | 44.0M | -- |
| Accumulated Depreciation | -1.3M | -606,000 | -147,000 | 0.00 | -- |
| Net PPE | 57.9M | 47.0M | 47.0M | 44.0M | -- |
| Total Non Current Assets | 57.9M | 47.0M | 47.0M | 44.1M | -- |
| Total Assets | 296.1M | 278.7M | 185.8M | 178.2M | -- |
| Current Debt | -- | -- | 9.8M | -- | -- |
| Current Debt And Capital Lease Obligation | 52,000 | 37,000 | 9.8M | 17,000 | -- |
| Accounts Payable | 968,000 | 1.2M | 549,000 | -- | 506,944 |
| Payables | 968,000 | 2.7M | 549,000 | -- | 506,944 |
| Payables And Accrued Expenses | 968,000 | 2.7M | 549,000 | 469,000 | -- |
| Current Liabilities | 1.0M | 2.8M | 10.3M | 486,000 | -- |
| Long Term Debt | -- | -- | -- | 12.9M | 40,000 |
| Long Term Debt And Capital Lease Obligation | 157,000 | 156,000 | 83,000 | 13.1M | -- |
| Long Term Capital Lease Obligation | 157,000 | 156,000 | 83,000 | 103,000 | -- |
| Total Non Current Liabilities Net Minority Interest | 157,000 | 156,000 | 83,000 | 13.1M | -- |
| Total Liabilities Net Minority Interest | 1.2M | 2.9M | 10.4M | 13.5M | -- |
| Common Stock | 274.0M | 244.4M | 167.3M | 152.4M | -- |
| Capital Stock | 274.0M | 244.4M | 167.3M | 152.4M | -- |
| Retained Earnings | 17.2M | 22.5M | -11.9M | -12.1M | -- |
| Gains Losses Not Affecting Retained Earnings | 3.7M | 8.9M | 19.9M | 24.3M | -- |
| Other Equity Adjustments | 3.7M | 8.9M | 19.9M | 24.3M | -- |
| Common Stock Equity | 294.9M | 275.8M | 175.4M | 164.6M | -- |
| Stockholders Equity | 294.9M | 275.8M | 175.4M | 164.6M | -- |
| Total Equity Gross Minority Interest | 294.9M | 275.8M | 175.4M | 164.6M | -- |
| Total Capitalization | 294.9M | 275.8M | 175.4M | 177.6M | -- |
| Net Tangible Assets | 294.9M | 275.8M | 175.4M | 164.6M | -- |
| Tangible Book Value | 294.9M | 275.8M | 175.4M | 164.6M | -- |
| Working Capital | 237.1M | 229.0M | 128.5M | 133.5M | -- |
| Invested Capital | 294.9M | 275.8M | 185.1M | 177.6M | -- |
| Total Debt | 209,000 | 193,000 | 9.9M | 13.1M | -- |
| Net Debt | -- | -- | -- | 8.6M | -- |
| Share Issued | 133.6M | 120.6M | 99.8M | 95.5M | -- |
| Ordinary Shares Number | 133.6M | 120.6M | 99.8M | 95.5M | -- |
| Capital Lease Obligations | 209,000 | 193,000 | 104,000 | 120,000 | -- |
| Current Capital Lease Obligation | 52,000 | 37,000 | 21,000 | 17,000 | -- |
| Financial Assets | -- | 0.00 | 0.00 | 143,000 | 25.6M |
| Other Current Borrowings | -- | -- | 9.8M | -- | -- |
| Other Equity Interest | -- | -- | -- | -- | 6.4M |
| Other Inventories | -- | -- | 85.6M | 75.0M | 12.4M |
| Other Payable | -- | 1.5M | -- | -- | -- |
| Other Properties | 189,000 | 181,000 | 96,000 | 120,000 | -- |
| Other Receivables | 426,000 | 490,000 | 511,000 | 2.1M | -- |
| Restricted Cash | 110,000 | 110,000 | 110,000 | 697,000 | -- |
| Line Item | FY 2025Apr 30, 2025 | FY 2024Apr 30, 2024 | FY 2023Apr 30, 2023 | FY 2022Apr 30, 2022 | FY 2021Apr 30, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | -21.6M | -104.8M | -11.5M | -68.8M | -- |
| Cash Flow From Continuing Operating Activities | -21.6M | -104.8M | -11.5M | -68.8M | -- |
| Depreciation And Amortization | 55,000 | 23,000 | 24,000 | 2,000 | -- |
| Depreciation Amortization Depletion | 120,000 | 23,000 | 24,000 | 2,000 | -- |
| Stock Based Compensation | 784,000 | 738,000 | 927,000 | 1.3M | -- |
| Change In Working Capital | -17.7M | -112.7M | -8.7M | -64.6M | -- |
| Changes In Account Receivables | 13.8M | -13.8M | 0.00 | -- | -- |
| Change In Receivables | 13.8M | -13.8M | 0.00 | -- | -- |
| Change In Inventory | -29.8M | -101.1M | -10.4M | -62.6M | -- |
| Change In Payables And Accrued Expense | -1.8M | 2.2M | 80,000 | -60,000 | -- |
| Change In Payable | -1.8M | 2.2M | 80,000 | -- | -- |
| Other Non Cash Items | -363,000 | -868,000 | 1.4M | 685,000 | -- |
| Capital Expenditure | -11.6M | -75,000 | -2.2M | -13.8M | -- |
| Purchase Of PPE | -11.6M | -75,000 | -2.2M | -13.8M | -- |
| Net PPE Purchase And Sale | -11.6M | -75,000 | -2.2M | -13.8M | -- |
| Purchase Of Investment | -350,000 | -769,000 | -2.9M | -9.7M | -- |
| Sale Of Investment | 0.00 | 45.4M | 16.6M | 4.3M | -- |
| Net Investment Purchase And Sale | -350,000 | 44.6M | 13.7M | -5.4M | -- |
| Investing Cash Flow | -11.4M | 45.2M | 12.2M | -19.1M | -- |
| Cash Flow From Continuing Investing Activities | -11.4M | 45.2M | 12.2M | -19.1M | -- |
| Issuance Of Debt | -- | -- | -- | 12.4M | 0.00 |
| Repayment Of Debt | -65,000 | -9.6M | -4.2M | -3,000 | -- |
| Net Issuance Payments Of Debt | -65,000 | -9.6M | -4.2M | 12.4M | -- |
| Issuance Of Capital Stock | 0.00 | 70.5M | 14.2M | 57.7M | -- |
| Net Common Stock Issuance | 0.00 | 70.5M | 14.2M | 57.7M | -- |
| Financing Cash Flow | 24.4M | 66.6M | 9.2M | 85.1M | -- |
| Cash Flow From Continuing Financing Activities | 24.4M | 66.6M | 9.2M | 85.1M | -- |
| Effect Of Exchange Rate Changes | 438,000 | -201,000 | 1,000 | -1,000 | -- |
| Changes In Cash | -8.6M | 7.0M | 9.9M | -2.8M | -- |
| Beginning Cash Position | 21.1M | 14.3M | 4.4M | 7.2M | -- |
| End Cash Position | 12.9M | 21.1M | 14.3M | 4.4M | -- |
| Free Cash Flow | -33.2M | -104.9M | -13.6M | -82.6M | -- |
| Asset Impairment Charge | -- | -- | 0.00 | 125,000 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Change In Account Payable | -234,000 | 653,000 | 80,000 | -- | -- |
| Change In Prepaid Assets | 64,000 | 21,000 | 1.6M | -2.0M | -- |
| Common Stock Issuance | 0.00 | 70.5M | 14.2M | 57.7M | -- |
| Depletion | 65,000 | 0.00 | -- | -- | -- |
| Depreciation | 55,000 | 23,000 | 24,000 | 2,000 | -- |
| Gain Loss On Investment Securities | -- | -- | -- | -126,000 | -- |
| Interest Paid Cff | -439,000 | -167,000 | -1.3M | -582,000 | -- |
| Interest Received Cfi | 575,000 | 693,000 | 68,000 | 37,000 | -- |
| Long Term Debt Issuance | -- | -- | -- | 12.4M | 0.00 |
| Long Term Debt Payments | -65,000 | -20,000 | -25,000 | -3,000 | -- |
| Net Foreign Currency Exchange Gain Loss | 865,000 | 201,000 | 706,000 | 326,000 | -- |
| Net Income From Continuing Operations | -5.3M | 7.8M | -5.9M | -6.4M | -- |
| Net Long Term Debt Issuance | -65,000 | -20,000 | -25,000 | 12.4M | -- |
| Net Other Financing Charges | -1.3M | -- | -- | -- | -- |
| Net Other Investing Changes | -- | -- | 587,000 | -- | -- |
| Net Short Term Debt Issuance | 0.00 | -9.6M | -4.2M | -- | -- |
| Operating Gains Losses | 865,000 | 201,000 | 706,000 | 200,000 | -- |
| Proceeds From Stock Option Exercised | 26.2M | 5.9M | 513,000 | 15.5M | -- |
| Short Term Debt Payments | 0.00 | -9.6M | -4.2M | -- | -- |