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INVESTMENT ASSETS (Tables)

6 Months Ended

Oct. 31, 2025

INVESTMENT ASSETS

Schedule of investment assets

Investment assets, net consist of (in thousands):

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​	​	​	​	​	​	​
​		October 31,			April 30,
​	​	2025		​	2025
Land held for long-term investment	​	$	8,502	​	$	8,843
Owned real estate leased or intended to be leased	​		8,118	​		6,207
Less accumulated depreciation	​	​	(258)	​	​	(170)
Owned real estate leased or intended to be leased, net	​	​	7,860	​	​	6,037
Total	​	$	16,362	​	$	14,880

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The tabular disclosure of investment assets.

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