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Note 6 - Property and Equipment
12 Months Ended
Apr. 30, 2023
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 6 - Property and Equipment:

 

Property and equipment are carried at cost. Depreciation and amortization are provided using the straight-line method over the estimated useful lives of the assets, or in the case of leasehold improvements, over the remaining terms of the leases.  For income tax purposes, depreciation of furniture and equipment is computed using accelerated methods and buildings and leasehold improvements are depreciated over prescribed extended tax lives. Property and equipment, net, on the Consolidated Balance Sheets was comprised of the following:

 

   

As of April 30,

 

($ in thousands)

 

2023

   

2022

 
                 

Building and leasehold improvements

  $ 1,013     $ 1,013  

Operating lease - right-of-use asset

    5,300       6,442  

Furniture and equipment

    4,079       4,091  
      10,392       11,546  

Accumulated depreciation and amortization

    (4,604 )     (4,488 )

Total property and equipment, net

  $ 5,788     $ 7,058