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Inventory
12 Months Ended
Apr. 30, 2024
Inventory Disclosure [Abstract]  
Inventory

(4) Inventory

 

The Company holds inventory related to the production of our products.

 

   April 30, 2024   April 30, 2023 
   (in thousands) 
Raw Materials  $4,298   $1,044 
Work in Process   397     
Finished Goods   136     
Inventory, net  $4,831   $1,044 

 

The Company’s raw materials balance represents the majority of the inventory as the Company orders parts in quantity to fill orders. Work in process and finished products typically represent smaller portions of inventory as the Company does not historically hold finished products with the exception of assets transitioning to the lease fleet or to be shipped to a customer. The Company typically ships finished products as they are completed.