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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Jul. 31, 2022
Jul. 31, 2021
REVENUES:    
Total revenues $ 11,232,000 $ 10,507,000
COSTS AND EXPENSES:    
General and administrative expenses 1,171,000 1,188,000
Total costs and expenses 8,666,000 8,712,000
Operating income 2,566,000 1,795,000
Interest income, net 7,000 1,000
Other income 0 230,000
Income before income taxes 2,573,000 2,026,000
Provision for income taxes 661,000 389,000
Net income $ 1,912,000 $ 1,637,000
Basic earnings per share $ 0.36 $ 0.22
Diluted earnings per share $ 0.36 $ 0.22
Weighted average number of common shares outstanding - basic 5,274 7,346
Weighted average number of common shares outstanding - diluted 5,296 7,373
Land sale revenues    
REVENUES:    
Total revenues $ 5,172,000 $ 7,190,000
COSTS AND EXPENSES:    
Cost of revenues 3,832,000 5,610,000
Home sale revenues    
REVENUES:    
Total revenues 5,439,000 2,411,000
COSTS AND EXPENSES:    
Cost of revenues 3,663,000 1,914,000
Other revenues    
REVENUES:    
Total revenues $ 621,000 $ 906,000