$204.92M
Revenue
$-10.73M
Net Income
13.18%
Gross Margin
-3.89%
Op. Margin
$-22.86M
Free Cash Flow
| Breakdown | TTM (Oct 31, 2025) |
FY 2025 (Apr 30, 2025) |
FY 2024 (Apr 30, 2024) |
FY 2023 (Apr 30, 2023) |
FY 2022 (Apr 30, 2022) |
FY 2021 (Apr 30, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $204.92M | $213.24M | $225.33M | $234.93M | $294.84M | $299.72M |
| Revenue Growth % | -3.9% | -5.4% | -4.1% | -20.3% | -1.6% | nan% |
| Cost of Revenue | $177.91M | $188.17M | $197.39M | $224.04M | $258.75M | $249.89M |
| Gross Profit | $27.01M | $25.07M | $27.94M | $10.90M | $36.09M | $49.83M |
| Gross Margin % | 13.2% | 11.8% | 12.4% | 4.6% | 12.2% | 16.6% |
| Selling General & Admin | $34.91M | $35.70M | $38.61M | $37.98M | $35.41M | $37.76M |
| Operating Income | $-7.96M | $-18.38M | $-11.31M | $-28.48M | $678.00K | $12.08M |
| Operating Margin % | -3.9% | -8.6% | -5.0% | -12.1% | 0.2% | 4.0% |
| Interest Expense | $555.00K | $231.00K | $11.00K | - | $17.00K | $51.00K |
| Interest Income | $893.00K | $915.00K | $1.17M | $531.00K | $373.00K | $244.00K |
| Other Income/Expense | $-1.33M | $-1.02M | $-625.00K | $-443.00K | $-1.36M | $-2.21M |
| Income Before Tax | $-8.96M | $-18.71M | $-10.77M | $-28.39M | $-325.00K | $10.88M |
| Income Tax Expense | $1.78M | $392.00K | $3.05M | $3.13M | $2.89M | $7.69M |
| Net Income | $-10.73M | $-19.10M | $-13.82M | $-31.52M | $-3.21M | $3.22M |
| Net Margin % | -5.2% | -9.0% | -6.1% | -13.4% | -1.1% | 1.1% |
| Basic EPS | -0.86 | -1.53 | -1.11 | -2.57 | -0.26 | 0.26 |
| Diluted EPS | -0.86 | -1.53 | -1.11 | -2.57 | -0.26 | 0.26 |
| Breakdown | FY 2025 (Apr 30, 2025) |
FY 2024 (Apr 30, 2024) |
FY 2023 (Apr 30, 2023) |
FY 2022 (Apr 30, 2022) |
FY 2021 (Apr 30, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $5.63M | $10.01M | $20.96M | $14.55M | $37.01M |
| Accounts Receivable | $21.84M | $21.14M | $24.78M | $22.23M | $37.73M |
| Inventory | $49.31M | $44.84M | $45.08M | $66.56M | $55.92M |
| Other Current Assets | $2.97M | $3.37M | $3.07M | $2.99M | $3.85M |
| Total Current Assets | $83.53M | $80.88M | $95.52M | $107.18M | $143.21M |
| Property Plant & Equipment | $24.84M | $33.18M | $36.11M | $41.70M | $44.00M |
| Intangible Assets | $960.00K | $1.88M | $2.25M | $2.63M | $3.00M |
| Other Non-current Assets | $591.00K | $830.00K | $840.00K | $595.00K | $2.04M |
| Total Assets | $123.37M | $132.05M | $152.18M | $177.56M | $214.08M |
| Accrued Liabilities | $5.33M | $6.73M | $8.53M | $7.83M | $14.84M |
| Deferred Revenue | $422.00K | $1.50M | $1.19M | $520.00K | $540.00K |
| Total Current Liabilities | $46.96M | $38.11M | $44.02M | $32.56M | $61.23M |
| Deferred Tax Liabilities | $5.16M | $6.38M | $5.95M | $6.00M | $5.33M |
| Total Liabilities | $65.73M | $55.92M | $63.10M | $58.06M | $85.07M |
| Common Stock | $628.00K | $624.00K | $616.00K | $611.00K | $616.00K |
| Retained Earnings | $11.27M | $30.38M | $44.20M | $75.72M | $84.44M |
| Total Stockholders Equity | $57.64M | $76.13M | $89.08M | $119.50M | $129.01M |
| Total Liabilities & Equity | $123.37M | $132.05M | $152.18M | $177.56M | $214.08M |
| Breakdown | TTM (Oct 31, 2025) |
FY 2025 (Apr 30, 2025) |
FY 2024 (Apr 30, 2024) |
FY 2023 (Apr 30, 2023) |
FY 2022 (Apr 30, 2022) |
FY 2021 (Apr 30, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-10.73M | $-19.10M | $-13.82M | $-31.52M | $-3.21M | $3.22M |
| Stock-based Compensation | $1.14M | $650.00K | $915.00K | $1.15M | $1.13M | $1.25M |
| Change in Receivables | $-4.00M | $722.00K | $-3.56M | $2.64M | $-15.42M | $12.12M |
| Change in Inventory | $4.25M | $2.06M | $-1.59M | $-15.37M | $12.71M | $8.11M |
| Operating Cash Flow | $-19.51M | $-17.65M | $-8.22M | $7.80M | $-17.44M | $21.48M |
| Capital Expenditure | $3.34M | $2.95M | $3.71M | $2.11M | $5.70M | $6.66M |
| Acquisitions | - | - | - | - | - | $892.00K |
| Purchases of Investments | - | - | - | - | - | $8.17M |
| Investing Cash Flow | $2.75M | $598.00K | $-2.43M | $-752.00K | $2.50M | $-10.68M |
| Stock Repurchased | - | - | - | - | $1.75M | - |
| Dividends Paid | - | - | - | - | $5.51M | $5.29M |
| Financing Cash Flow | $22.92M | $12.67M | $-126.00K | $-436.00K | $-7.42M | $-43.71M |
| Net Change in Cash | $6.18M | $-4.38M | $-10.95M | $6.41M | $-22.46M | $-32.78M |
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing
Period ended: Oct 31, 2025
Condensed Consolidated Statements of Operations
| Description | Oct 31, 2025 | Oct 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $53.20M | - | $103.89M | - |
| Cost of Revenue | $47.42M | - | $90.88M | - |
| Gross Profit | $5.78M | - | $13.01M | - |
| Selling General & Admin | $8.74M | - | $17.86M | - |
| Operating Income | $-3.46M | - | $-1.84M | - |
| Interest Expense | $199.00K | - | $381.00K | - |
| Interest Income | $249.00K | - | $483.00K | - |
| Other Income/Expense | $-694.00K | - | $-1.23M | - |
| Income Before Tax | $-4.10M | - | $-2.96M | - |
| Income Tax Expense | $207.00K | - | $1.58M | - |
| Net Income | $-4.31M | $-7.26M | $-4.54M | - |
| Basic EPS | -0.34 | - | -0.36 | - |
| Diluted EPS | -0.34 | - | -0.36 | - |
| Basic Shares Outstanding | $12.63M | - | $12.60M | - |
| Diluted Shares Outstanding | $12.63M | - | $12.60M | - |
Condensed Consolidated Balance Sheets
| Description | Oct 31, 2025 | Apr 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $10.73M | $5.63M |
| Accounts Receivable | $20.64M | $21.84M |
| Inventory | $49.94M | $49.31M |
| Other Current Assets | $2.49M | $2.97M |
| Total Current Assets | $90.36M | $83.53M |
| Property Plant & Equipment | $22.39M | $24.84M |
| Intangible Assets | $771.00K | $960.00K |
| Other Non-current Assets | $593.00K | $591.00K |
| Total Assets | $125.25M | $123.37M |
| Accrued Liabilities | $5.20M | $5.33M |
| Deferred Revenue | $889.00K | $422.00K |
| Total Current Liabilities | $51.26M | $46.96M |
| Deferred Tax Liabilities | $5.39M | $5.16M |
| Total Liabilities | $71.66M | $65.73M |
| Common Stock | $633.00K | $628.00K |
| Retained Earnings | $6.74M | $11.27M |
| Total Stockholders Equity | $53.59M | $57.64M |
| Total Liabilities & Equity | $125.25M | $123.37M |
Condensed Consolidated Statements of Cash Flows
| Description | Oct 31, 2025 | Oct 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.31M | $-7.26M | $-4.54M | - |
| Stock-based Compensation | - | - | $333.00K | - |
| Change in Receivables | - | - | $-1.24M | - |
| Change in Inventory | - | - | $1.51M | - |
| Operating Cash Flow | - | - | $-1.17M | - |
| Capital Expenditure | - | - | $218.00K | - |
| Investing Cash Flow | - | - | $1.17M | - |
| Financing Cash Flow | - | - | $5.09M | - |
| Net Change in Cash | - | - | $5.10M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.