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INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Oct. 31, 2025 | Oct. 31, 2024 | Oct. 31, 2025 | Oct. 31, 2024
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | $ 9,398 | $ 11,906 | $ 27,250 | $ 30,997
General and administrative expenses | 1,956 | 1,825 | 3,804 | 3,456
Operating income | 1,119 | 3,144 | 7,265 | 8,136
Income before income taxes | 1,578 | 3,720 | 8,180 | 8,993
Other |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 848 | 715 | 1,635 | 1,465
Cost of Revenues | 324 | 334 | 648 | 648
Land Development |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
General and administrative expenses | 1,042 | 987 | 2,030 | 1,895
Additional information |  |  |  |
Depreciation and amortization | 77 | 45 | 145 | 91
Capital expenditures | (3) | 86 |  | 110
Segment assets | 115,465 | 102,749 | 115,465 | 102,749
Homebuilding |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
General and administrative expenses | 479 | 417 | 926 | 807
Additional information |  |  |  |
Depreciation and amortization | 4 | 2 | 14 | 5
Capital expenditures | 63 | 1 | 80 | 10
Segment assets | 23,450 | 14,790 | 23,450 | 14,790
Operating segments |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 9,398 | 11,906 | 27,250 | 30,992
Cost of Revenues | 5,999 | 6,603 | 15,533 | 18,757
Other Cost of Revenues | 324 | 334 | 648 | 648
General and administrative expenses | 1,521 | 1,404 | 2,956 | 2,702
Operating income | 1,554 | 3,565 | 8,113 | 8,885
Operating segments | Land sales and home sales |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 8,550 | 11,191 | 25,615 | 29,532
Operating segments | Other |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 848 | 715 | 1,635 | 1,460
Operating segments | Land Development |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 3,030 | 7,669 | 12,641 | 19,077
Cost of Revenues | 1,221 | 3,575 | 4,803 | 9,729
Other Cost of Revenues | 324 | 334 | 648 | 648
General and administrative expenses | 1,042 | 987 | 2,030 | 1,895
Operating income | 443 | 2,773 | 5,160 | 6,805
Operating segments | Land Development | Land sales and home sales |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 2,204 | 6,955 | 11,049 | 17,622
Operating segments | Land Development | Other |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 826 | 714 | 1,592 | 1,455
Operating segments | Homebuilding |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 6,368 | 4,237 | 14,609 | 11,915
Cost of Revenues | 4,778 | 3,028 | 10,730 | 9,028
Other Cost of Revenues | 0 |  |  |
General and administrative expenses | 479 | 417 | 926 | 807
Operating income | 1,111 | 792 | 2,953 | 2,080
Operating segments | Homebuilding | Land sales and home sales |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 6,346 | 4,236 | 14,566 | 11,910
Operating segments | Homebuilding | Other |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Revenues | 22 | 1 | 43 | 5
Reconciling items |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Interest income, net | 459 | 576 | 915 | 857
Other income | 0 |  |  |
Corporate non-segment |  |  |  |
INFORMATION ABOUT THE COMPANY'S OPERATIONS IN DIFFERENT INDUSTRY SEGMENTS |  |  |  |
Other corporate expenses | $ (435) | $ (421) | $ (848) | $ (749)

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