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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Apr. 30, 2024
Apr. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income (Loss) $ 6,690 $ 21,790
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 149 63
Non-cash credits and charges:    
Stock-based compensation 317 238
Deferred income tax provision 1,455 (13,762)
Net periodic pension cost 260 (283)
Pension settlement expense 0 7,597
Excess pension funds transfer 547 0
Changes in assets and liabilities:    
Real estate inventory and investment assets 756 (3,122)
Other assets 567 (1,191)
Accounts payable and accrued expenses (42) (1,251)
Taxes payable (receivable), net 15 (3,690)
Net cash provided by operating activities 10,714 6,389
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures of property and equipment (457) (131)
Net cash used in investing activities (457) (131)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from debt financing 0 50
Principal debt payments (9) (2,036)
Net cash used in financing activities (9) (1,986)
Increase in cash, cash equivalents and restricted cash 10,248 4,272
Cash, cash equivalents and restricted cash, beginning of year 19,993 15,721
Cash, cash equivalents and restricted cash, end of year 30,241 19,993
SUPPLEMENTAL CASH FLOW INFORMATION:    
Income taxes refunded, net 308 134
Interest paid $ 0 $ 57