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Note I - Stock-based Compensation (Tables)
9 Months Ended
Jan. 31, 2023
Notes Tables  
Stock Option Plan Comparison [Table Text Block]
 

Restated Option Plan

Minimum exercise price as a percentage of fair market value at date of grant

100%

Last expiration date for outstanding options

May 1, 2032

Shares available for grant at January 31, 2023

262,500

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
  

Nine Months Ended
January 31,

 
  

2023

  

2022

 

Expected terms (years)

  5.5   5.5 

Risk-free interest rate

  3.59%  0.86%

Volatility

  55%  51%

Dividend yield

  -   - 
Schedule of Share-based Compensation, Stock Options, Exercises [Table Text Block]
  

Nine Months Ended
January 31,

 

(Dollars in thousands)

 

2023

  

2022

 

Options exercised

  23,000   57,000 

Cash received from option exercises

 $1,216  $274 

Intrinsic value of options exercised

 $1,204  $4,924