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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Oct. 31, 2024 | Apr. 30, 2024
--- | --- | ---
ASSETS |  |
Cash and cash equivalents | $ 40,080 | $ 29,694
Restricted cash | 547 | 547
Real estate inventory | 63,354 | 65,983
Investment assets, net | 12,972 | 12,551
Other assets | 2,761 | 2,990
Income taxes receivable |  | 27
Deferred income taxes, net | 9,367 | 11,038
TOTAL ASSETS | 129,081 | 122,830
LIABILITIES: |  |
Accounts payable and accrued expenses | 3,410 | 4,745
Notes payable | 32 | 35
Income taxes payable | 563 |
TOTAL LIABILITIES | 4,005 | 4,780
Commitments and Contingencies (Note 11) |  |
SHAREHOLDERS' EQUITY: |  |
Common stock, $.10 par value; shares authorized - 20,000,000; shares issued - 5,287,449 at October 31, 2024 and 5,271,309 at April 30, 2024 | 527 | 526
Capital contributed in excess of par value | 33,135 | 32,986
Retained earnings | 91,414 | 83,308
Accumulated other comprehensive income, net |  | 1,230
TOTAL SHAREHOLDERS' EQUITY | 125,076 | 118,050
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $ 129,081 | $ 122,830

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