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Leases (Tables)
3 Months Ended
Jul. 31, 2025
Leases  
Schedule of Lease Cost

The Company’s operating and finance right-of-use assets and lease liabilities are as follows:

 

 

   Successor   Predecessor 
   Successor   Predecessor 
   July 31,   April 30, 
   2025   2025 
Operating lease right-of-use asset  $1,931,103   $1,890,013 
Operating lease liability, current  $661,985   $528,914 
Operating lease liability, long-term  $1,302,568   $1,374,639 

 

   Successor   Predecessor   Predecessor 
   Successor   Predecessor 
   Period from June 7 through July 31,   Period from May 1 through June 6,   Three Months Ended July 31, 
   2025   2025   2024 
Cash paid for operating lease  $97,215   $91,749   $188,964 
Schedule of Future Annual Minimum Lease Payments

Future annual minimum lease payments under non-cancellable operating leases as of July 31, 2025, were as follows:

 

As of July 31, 2025  Successor 
   July 31, 
Years ended April 30,  2025 
2026 (excluding the three months ended July 31, 2025)   583,479 
2027   677,233 
2028   461,843 
2029   286,154 
2030   140,995 
Thereafter   154,246 
Total minimum lease payments   2,303,950 
Less imputed interest   (339,397)
Present value of minimum lease payments  $1,964,553